• 16-19 SEPTEMBER 2020
  • BEC, Goregaon (E), Mumbai

INDIA: THE BIGGEST GROWTH MARKET

Corporate, Premium & Novelty Gifts

INR 250,000 Crores is the size of corporate gifting market in India, of which INR 12,000 Cr. belongs to corporate gift which is growing over 200% per annum 

Lifestyle, Apparels & Luggage

Lifestyle and apparel market continues to grow owing to growing consumer class, rapid urbanization and changing fashion trends. Luggage industry estimated to reach INR 20,000 Cr by 

Stationery, Writing Instruments & Office Supplies

The overall Indian stationary industry is growing at the rate of 8% a year, with new products & formats being added in every now and then. 

Gadgets & Electronics

The Indian gadgets & electronics industry is one of the largest markets in the world anticipated reaching $ 400 bn and become the fifth largest in the world by 2025. 100% FDI is allowed under the automatic route. 

Houseware, Kitchenware & Home Décor

Houseware, Kitchenware & Home Décor market has witnessed phenomenal growth, particularly in the last 10 years. The kitchenware industry is also growing at a rate of 6-7% and is expected to grow further.

Food & Confectionery

The Indian confectionery market amounts to US$11,567m in 2019 and is expected to grow annually by 6.7% (CAGR 2019-2023). Food and beverages is the biggest of the consumption categories. The beverage industry, excluding alcoholic beverages, is worth about $16 billion.

Beauty, Health & Wellness

India is also the second largest consumer market in the world. The compounded annual growth rate of the beauty and wellness business in India has been around 18%

MARKET GROWTH DRIVERS

Corporate and business houses from pharmaceutical, lifestyle, tourism, IT, food & confectionery, health & beauty sectors are driving the demand and are the biggest buyers of corporate gifts, stationery and office supplies.   

Key growth drivers include growing middle-class population, rising disposable income, improving lifestyle, increase in literacy, burgeoning corporate offices and overall growth in socio-economic scenario across the nation. These have resulted to an increase in demand for corporate gifts, premium stationery, office supplies, gadgets, luggage, houseware, kitchenware and home décor commodities.