India needs more online shopping websites to level the field

Written by Kaitholil Storyboard. Last updated at 2022-07-16 19:19:55

The Indian e-commerce market is estimated to grow to ~ INR 16 thousand billion by 2026 from ~ INR 3 thousand billion as of 2017. The market is estimated to grow at a compound annual growth rate of 26.1% during the forecast period, according to a report by Allied Market Research titled "India Online Retail Industry: Size, Share & Trends Analysis Report By Mode (Direct Selling Vs. Online Store), By Product Type (Apparel Vs. Furniture), By Category (Fashion Accessories And Jewellery), By Gender And Age Group And Region -2026″

The popularity of online shopping websites can be associated with convenience and affordability. Online shopping websites have allowed consumers across India to enjoy various products.

As of 2021, India has close to 825.30 million Internet users across the country. E-commerce companies occupy only 7% of the total retail market share.

India's online shoppers are expected to reach 500 million by 2030. In comparison, China currently has about 600 million internet users and over 35% market share held by e-commerce platforms. With such a massive gap in numbers, one might wonder why more Indians are not shopping online.

Online businesses have always brought a change in society and improved our lifestyle. They can reach a large number of people in less amount of time.

While buying something, you don't need to go to the store and wait in long queues. Instead, you can do shopping from your home or office, sitting comfortably at your desk. This has made our lives easier as we don't have to waste much time on shopping when we are busy with other things like office work or some important meetings etc. Online shopping is convenient as we don't need to go out of our homes so often and thus save money on fuel too!

Online businesses can also help disabled people who cannot go out due to health issues or other reasons like lack of transportation facilities. These websites provide them with all kinds of products they require quickly at an affordable price with easy payment methods. Too! Similarly, those who live far away from stores also prefer online shopping. It saves their time and energy, which might get wasted if they had gone physically into stores to purchase just one thing. Buying online saves time because now everything is available in one place where there used to be hundreds if not thousands of shops before the internet came into existence!

From clothes to appliances, we can purchase anything through e-commerce sites. There are many specific websites for groceries, vegetables, meat, etc.

In today's world, e-commerce websites such as kaitholil.com are a great way to buy anything you want. From clothes to appliances, we can purchase everything through these sites. There are several specific sites for groceries, vegetables, meat, etc. There is also an option for comparing prices and the quality of products on different websites so you can find the best deal for yourself.

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