The organized pharmacy retail market in India is primarily occupied by three main market players which are Apollo Pharmacy, MedPlus and Guardian Life care. Apollo is the leading the market players with ~ stores across India in FY’2015 and it has commanded ~% of market share in organized retail industry. Med Plus’s average annual sale per outlet is INR ~ million per store and it has a ~% market share in organized market.
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The total value of the retail & wholesale market globally in 2014 was $24,725 billion. Related to a world population of more than 7 billion in 2014 this equates to about $3,532 per person globally. Given that World Domestic Product was approximately $78 trillion in 2014, the industry accounts for up about 31.7% of the global economy. Online retail sales account for roughly 5.9% of total sales, or $1.316 trillion. China and the USA are the world’s biggest e-commerce markets, with their combined sales totaling more than 55% of the world's online retail sales in 2014. Much of the value of the retail and wholesale market is related to image and perception. According to the report “100 most valuable Brands 2014” by Millward Brown, Walmart was the highest value retail brand in 2014 with a total brand value of $35.3 billion, followed by Home Depot and IKEA with total brand values of $22.1 billion and $19.3 billion in 2014 respectively.
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