 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FY 2020 FY 2025(P) CAGR
; , : 7 CAGR
Size of Penetration/Share of Size of Penetration/Share of (Organized
Retail Organized Retail Retail Organized Retail ear ) Key Players
as) Share | Share of E- fc net Sy) Share of | ShareofE- | 2015- | 2020-
of B&M | commerce B&M_| commerce | 2020 | 2025
Food and 526 4.0% 0.5% 682 5.0% 4.0% 24% arog: || Bi Basa Der
Grocery Reliance Fresh
Jewellery; & 63 28.0% 4.0% 94 33.0% 7.0% 15% 14% | Tanishq, Kalyan
Watches
Central, Shoppers
Apparel. 63 14.5% 18.0% 96 23.0% 22.0% 17% 16% | Stop, Lifestyle,
‘Accessories sas.
Westside, Titan
Footwear 10 14.2% 15.8% 12 10.0% 25.0% 8% gq | Bata India, Metro
Shoes, Khadims
‘Apollo Pharmacy,
Pharmacy & 23 78% 2.2% 36 11.2% 8.4% 26% 25% | MedPlus,
Wellness
PharmEasy
Consumer 51 4.7% 27.3% 7 9.0% 36.0% 19% 16% | Vay ‘Sales, Croma,
Electronics Reliance Digital
Home & Living 34 7.7% 7.3% 47 11.0% 19.0% 21% | 22% a Gentte, Hote
Others 25 5.3% 8.7% 33 10.0% 11.0% 12% | 15%
Total 796 1077 18% |_17%

 

“Accessories include Bags, Belts, and Wallets; Also, BRM refers to Brick and Mortar stores, E-commerce includes omnichannel sales by BXM players
Source: Technopak Research, FY refers to financial year

The table below provides the state wise split of the retail market size for pharmacy & wellness category.

 

State Wise Split of Retail market size of Pharmacy & Wellness category

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pharmacy & % of Pharmacy & ee % of Pharmacy &
ny ‘Wellness Retail ‘Wellness Retail Re arene ELT ‘Wellness Retail CAGR
Market Sizefor FY | Market Size - FY 3025() Market Size-FY | (FY 2020-FY 2025)
2020 (USD Billion) 2020 (USD Billion) 2025(P)
Maharashtra 34 15% 5.2 14% 9%
Uttar Pradesh 1.6 7% 24 7% 8%
‘Andhra Pradesh 09 4% 13 4% 8%
Telangana 09 4% 15 4% 11%
Tamil Nadu 18 8% 28 8% 9%
West Bengal 1 4% 15 4% 8%
Gujarat 14 6% 24 6% 8%
Karnataka 1.6 7% 26 7% 10%
Rajasthan 09 4% 14 4% 9%
Kerala 08 3% 12 3% 8%
MP 07 3% 12 3% 11%
Delhi 1 4% 15 4% 8%
Haryana 09 4% 14 4% 9%
Bihar 07 3% 14 4% 15%
Punjab 06 3% 08 2% 6%
Orissa 0.4 2% 07 2% 12%
Jharkhand 03 1% 05 1% 11%
North Eastern States 04 2% 09 3% 18%
Others 37 16% 5.6 16% 9%
TOTAL 23 100% 36 100% ~10%

 

Source: Technopak Research

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