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The branded cafe, bakery, and smoothie bar segment in India is sized at 5,856 crores in FY 24, growing at a CAGR of 25.59% since FY 22, as per the research by The India Watch. In the last 12 months, the segment has climbed from 5047 crores to 5,856 crores, a significant growth of 16.02%.Cafes in Ind
The Indian tea cafe business is sized at 873 crores in FY 24, growing at a CAGR of 25.1% since FY 21. In the last 12 months, the business has grown by 15.47%, showing the popularity of the concepts amongst Indians of all age groups. From millennials & Gen Z to grown-up adults, from family outing
Largely a tea-drinking nation, India is also slowly but steadily falling in love with coffee cafe culture. Once known to be student meet-up points and dating joints, coffee cafes are now becoming popular amongst various age groups cutting across professions, genders, and societies. The country
Wellness spas are growing very fast in India. Currently, there are over 15,000 wellness spas all over the country, growing at a CAGR of more than 15%, since 2010. The industry has come a long way with more than 15,000 spas nationwide. As per the research by The India Watch, the overall market size o
Indian tourism and hospitality industry is slated to grow at a staggering pace in 2024. The market growth will be fueled by the rise in domestic tourism, surge in business & MICE activities, and a rising trend of reactive tourism, etc. Overall hotel occupancy is expected to rise by 3-4 percentag
The Indian maritime logistics industry is set to grow fast in the coming years. As India is racking upinvestments in manufacturingand giving a facelift to its port infrastructure, the maritime industry will thrive. This will also create tremendous opportunities in the shipping & port industry as
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