Share of pharmacy retail in India FY 2016-2027, by type

Published by A. Minhas, Jun 27, 2024
In financial year 2022, the unorganized players dominated the retail share in India's pharmacy industry, accounting for roughly 90 percent, whereas the organized sector contributed about 11 percent. It is projected that by fiscal year 2027, the organized sector is expected to increase its share to 25 percent in the country's pharmacy retail market.

Share of pharmacy retail in India for financial year 2016 and 2022, with an estimate for 2027, by type

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Release date

February 2024

Region

India

Survey time period

F 2016 and FY 2022

Supplementary notes

*Projection.

India's financial year begins in April and ends in March. For example, FY 2022 started in April 2021 and ended in March 2022.

Values are rounded off for clarity.

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