According to the latest report by IMARC Group,The India religious and spiritual market is expected to exhibit a CAGR of 10.15% during 2022-2027.Religion is a set of organized practices, beliefs and systems related to the worship of a supernatural entity. Buddhism, Sikhism, Hinduism, Islam and Christianity are some commonly followed religions in India. They involve worldviews, prophecies, cultural beliefs, texts and morals that have spiritual significance to the members of a particular faith.

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India Religious and Spiritual
Market Research Report and
Forecast 2022-2027
Author: Elena Anderson,
Marketing Manager |
IMARC Group
© 2019 IMARC All Rights Reserved

2. Report Description
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3. Report Description
Report Description and Highlights
India Religious and Spiritual Market Outlook 2027:
According to the latest report by IMARC Group, titled “India Religious and Spiritual Market: Global
Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” The India religious and
spiritual market is expected to exhibit a CAGR of 10.15% during 2022-2027.
Religion is a set of organized practices, beliefs and systems related to the worship of a supernatural
entity. Buddhism, Sikhism, Hinduism, Islam and Christianity are some commonly followed religions in
India. They involve worldviews, prophecies, cultural beliefs, texts and morals that have spiritual
significance to the members of a particular faith. Individuals practice meditation, rituals, prayer and
trances to exercise their religion.
On the other hand, spirituality involves practices and beliefs related to something beyond the self. It is
usually practiced by individuals who want to achieve and develop a more positive outlook towards life.
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4. Report Description
Report Description and Highlights
India Religious and Spiritual Market Trends:
The global learning management system market is primarily driven by the growing popularity of
distance learning and e-learning systems. Additionally, the implementation of lockdowns across
numerous countries due to the spread of the coronavirus disease (COVID-19) pandemic has led to
increased product adoption by businesses and educational institutions.
Furthermore, the rising usage of LMS in the healthcare sector for training doctors and nurses about
soft skills, such as bedside manners, has augmented the product demand. Other factors, including the
introduction of bring-your-own-device (BYOD) policies, several product innovations, and technological
advancements, are also anticipated to propel the market growth.

5. Market Summary:
Breakup by Sector:
• Organised
• Unorganised
Breakup by Income Source:
• Religious Tourism
• Donations
• Media and Music
• Religious Items and Merchandise
• Construction and Infrastructure
Breakup by Distribution Channel:
• Direct from Religious Places
• Retail
• Online
Report Description
Report Description and Highlights

6. Breakup by Religion:
• Hinduism
• Islam
• Sikhism
• Buddhism
• Christianity
Breakup by Region:
• North India
• West and Central India
• South India
• East India
View Report TOC, Figures and Tables: https://www.imarcgroup.com/india-religious-spiritual-market
Report Description
Report Description and Highlights

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world's leading corporates, governments, and
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9. Report Description
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