Amazon, Flipkart, Reliance may dominate Indian e-commerce market by 2025: Report

India’s e-commerce market is expected to nearly double by 2025. According to a report by brokerage firm Bernstein, just like the US and China, the Indian e-commerce market is expected to become a three-player market. The report also adds that Flipkart, Amazon and Reliance Industries which currently hold nearly 70% of the market are expected to dominate 90% of the share in the coming years. As per the report, the country’s e-commerce market which amounted to $72 billion in 2022 is likely to hit $133 billion in size by 2025.

“Markets like India are still very early from an e-commerce penetration perspective…whereas markets like China (and) Korea have nearly doubled the penetration to between 27-30% of the population.