Live
- Sukumar Hails Ram Charan's "National Award-Worthy" Performance in Shankar's 'Game Changer'
- CM Revanth Reddy to Hold Review Meeting with Senior Officials Today
- Pawan Kalyan's Visit to Penamaluru Constituency Today
- Kadapa Municipal Corporation Meeting: Heavy Police Deployment and Section 144 Imposed
- Mandhana, Renuka blow away Windies in first ODI
- Heavy rush for Bhavani Deeksha Viramana continues
- Steps taken to ensure accommodation to common devotees says TTD EO J Syamala Rao
- CRDA invites tenders for ‘Happy Nest’ township
- PD Act invoked against red sanders smuggler
- Meghalaya scrape past Goa to secure QF berth
D2C mkt set to reach 3-bn shipments by 2027
New Delhi: The Indian direct-2-consumer (D2C) market is projected to reach a gross merchandise value (GMV) of $30-35 billion by 2027 with up to 3...
New Delhi: The Indian direct-2-consumer (D2C) market is projected to reach a gross merchandise value (GMV) of $30-35 billion by 2027 with up to 3 billion shipments, and third-party logistics providers will be the direct benefactors, a report showed on Friday.
This is a compound annual growth rate (CAGR) of around 40 per cent, which is more than three times that of the broader retail market and 1.6 times of the e-commerce market for the same period, according to a report by Redseer Strategy Consultants.
One of the direct benefactors of the D2C market growth are third-party logistics providers (3PLs).
In 2022, the number of D2C shipments stood at approximately half a billion, and their projections indicate a substantial increase to 3 billion D2C shipments by 2027. “3PL solutions tie-in well with the D2C segment as demand varies across cities/regions and the required logistics investment is on the higher side,” MrigankGutgutia, partner at Redseer.
