Differences in Retail Market Structures in India and Australia

RETAIL
MANAGEMENT

Background of the retailing systems of the
countries
• The Australian retail industry has a
current growth rate of 3.7%. The
Australian retail sector can be
segmented into some important
division categories. These are
product, distribution channels and
market dynamics.
• The Indian retail market is one of
the emerging retail markets in the
world. It is estimated to be
currently worth 672 Billion US
dollars as of 2017. It forms over
10% of the total GDP of the
country. It is expected to grow to
1200 billion US Dollars by 2021.

Differences in retail market structures in India and Australia
• The retail market structure
in India is aloof from the
experiences of a
progressive development
owing to the rapid
globalization and
liberalization.
• In case of the Australia the
retail market structure
remains invariably different.
With the advent of
globalization, the retail
market structure in
Australia has changed
considerably from the early
2000s