Share of pharmacy in overall retail India FY 2018-2027

Published by A. Minhas, Sep 10, 2024

Pharmacy constituted nearly three percent of the total retail market in India during the financial year 2023. The pharmacy share is likely to increase at a compound annual growth rate of 12 percent by 2027. 

Share of pharmacy in overall retail in India from financial year 2018 to 2023, with estimate for 2027

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Release date

March 2024

Region

India

Survey time period

FY 2018 to FY 2023

Supplementary notes

*Estimate.

India's financial year starts in April and ends in March. For example, FY 2023 started in April 2022 and ended in March 2023.

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