Flagship Report 2nd Edition

Festive Barometer, 2024

Festive season projected to generate ₹1,00,000 crore (~$12B) in online sales. Quick commerce reaches $1 billion milestone. Consumer sentiment, platform preferences, and category insights across 20 cities.

← Back to Festive Barometer
At a glance
₹1L Cr
Projected Festive GMV
23%
YoY Growth Over 2023
$1B
Quick Commerce Sales
8%
Quick Commerce Share
Quick Commerce

8% of online retail, 50% of online grocery

Quick commerce projected to reach $1 billion in festive sales, with grocery purchases via quick commerce accounting for over half of all online grocery during the festive period.

Quick Commerce As % Of Online Retail Sales
(%)
~$1B
in Sales
Quick Commerce 8% eCommerce 92%
Quick Commerce Share of Online Grocery
(%)
Grocery Sales ($B) % of Online Grocery
Source: Company Press Release, Government Data, Datum Analysis
Key Findings

What shaped the 2024 festive season

Market Size

₹1,00,000 Cr (~$12B)

Festive sales projected to reach ₹1 lakh crore, a 23% YoY increase. Continues the upward trajectory observed since 2014's first Big Billion Day.

Categories

Mobile + Fashion at ~50%

Mobile and fashion remain the top categories, accounting for roughly half of festive spending. EMI options and new launches drive mobile purchases. Share is slightly declining from 51% in 2023.

Quick Commerce

$1 Billion Milestone

Quick commerce projected to reach $1 billion in festive sales (8% of total). Grocery and BPC expected to grow fastest at 60% and 41% respectively, powered by quick commerce platforms.

Platforms

Flipkart Leads, Quick Commerce Emerges

Flipkart holds the top position as preferred marketplace, closely followed by Amazon. Blinkit, Swiggy Instamart, and Zepto are emerging as viable shopping options for fast, convenient delivery.

Grocery

51% of Online Grocery via QC

Grocery purchases via quick commerce projected to account for 51% of all online grocery during the festive period, up from 37.6% in 2023, with sales more than doubling to $0.79 billion.

Growth Drivers

EMI, Discounts, and New Launches

EMI options, attractive discounts, and new product launches make the festive season the peak time for mobile phone and electronics purchases. The season runs Sep 26 through Nov 3 (Diwali).

Methodology

Online survey of 2,000 online adults across 20 cities in India, conducted between 10th September and 20th September 2024. Festive season defined as starting from the first day of Big Billion Days / Great Indian Festival to 3rd November (Diwali).

Source: Datum Festive Barometer Study, 2024

Read Full Methodology
Get the full report

Access the complete Festive Barometer 2024 with detailed category analysis, platform share data, and consumer insights.

Request Full Report →
← Back to Festive Barometer