Apple India Smartphone Market: According to a report from Counterpoint Research, Apple's revenue share stood at 23% last year, despite capturing just around 6.5% market share by volume - its highest ever - as compared to Samsung which had 18% volume share and 21% revenue share
Gig tripping, a new travel trend where people plan trips, often internationally, to see their favourite artists perform, is on the rise. According to a report by the online travel platform Skyscanner, 37 per cent of Indian travellers are willing to fly to see their favourite performers live.
Consumers in India have the highest requirement for personalised service in the world, with 82% of them expecting tailored experiences, a new survey has revealed.That is according to tech giant Adobe, whose Experience Index 2019 polled 1,000 Indian adults as part of a broader global survey of consumer experience expectations.It found that seamless and personalised experiences are key to keeping consumers happy and that respect for customers is also an essential component of brand interaction.One headline finding for India is that two out of three consumers in the country prefer human interaction over dealing with computers or other machines.Yet the great majority (79%) are happy to have automated experiences, rising to 84% of Indians aged 25 to 34, provided they are done well.“In the past few years, India has seen competition across brand categories intensify, with businesses giving their consumers more choices than ever before.
The global travel retail industry, valued at $108 billion by 2029, is booming, particularly in Asia-Pacific due to rising disposable incomes and increasing travel. India is emerging as a key player with a projected market growth to $5.4 billion by 2029, driven by infrastructural developments and a burgeoning middle class
A recent survey conducted by LocalCircles highlights the preferences of Indian households this festive season, the platforms they might choose to shop from, items likely to be bought and more
Booking.com revealed that 40% of Indian travelers prioritize a connected trip experience, seeking to book multiple aspects of their journey along with flexible cancellation policies. Austin Sheppard, SVP of Trips at Booking.com, emphasized the company's goal to streamline the travel experience by bundling services like accommodations, flights, transportation, attractions, and insurance into one seamless offering.
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As India emerges as a key player in the luxury market, major global brands adapt their strategies to cater uniquely to the Indian consumer, launching exclusive collections that intertwine local culture with international allure.
The Indian luxury consumer will have become more evolved by 2047 and won't be restricted to the big cities, with global brands gravitating towards Tier II ones - Issue Date: Sep 15, 2024
Millennials in India lead travel spending with an average of $6,031 annually, significantly outspending Gen Z ($2,622), Gen X ($3,059), and Boomers ($2,600)
India's retail sector is seeing a transformation with the rise of premiumisation. Consumers are increasingly spending on high-end products, leading to a demand for premium shopping malls. This trend is evident in both metropolitan and smaller cities, with international luxury brands also entering the market, boosting foreign investment.
How powerful is social media in shaping travel choices amongst affluent Indian travellers?
During the "Marketing Strategies For Emerging Luxury Destinations" fireside chat at Luxury Tribe, Dushyant Bhalla from Aabee Resort and Travel, reveals how social media trends, driven by celebrity experiences, are influencing Gen Z and millennials to seek out exact luxury experiences they've seen online.
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Switzerland Tourism is experiencing a shift in travel trends among Indian tourists, who are now seeking offbeat destinations, more adventure, luxury experiences
India’s airline market is soaring high! ✈️ With IndiGo leading at a staggering 62.4% market share as of August 2024, it's clear that the airline industry is… | 17 comments on LinkedIn
Millennials Travel Spending: The report, based on a survey of 7,250 respondents across 14 Asia-Pacific markets, reveals that travel is the second-highest expense for Indian consumers, following ‘everyday spend’ on groceries and retail shopping. Millennials spend the most on travel, with the category making up 34 per cent of their annual budget, while Gen Z, Gen X, and Boomers spend significantly less—USD 2,622, USD 3,059, and USD 2,600 per annum, respectively.
According to a survey by market research firm Ipsos Research, commissioned by Amazon India, 71% respondents indicated they plan to shop online this festive season, while 89% expressed excitement about the upcoming festivities.
More Indian consumers may purchase a vehicle, travel internationally, or purchase luxury goods, HT Media’s 2024 Consumer Trends and Festive Insights Report says
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