The urban market’s appetite for luxury goods is indicative of its growing economic power, rising aspirations, and a desire for an indulgent lifestyle and products that symbolize status and modernity. As mentioned in the Brand Xcel 2024 Report, the luxury and premium categories are expected to grow tremendously in terms of importance in the years ahead. Also, there’s a transformative trend surfacing wherein the focus is shifting from material possessions to memorable experiences. This shift is not just a trend but a necessity for luxury brands to remain relevant. Bain & Company reports that middle-class consumers, who constitute almost 40% of the $300 billion global luxury market in 2023, are pivotal in this transformation. They are increasingly drawn to experiences that offer deeper, more personal connections rather than mere material ownership. Recognizing the critical importance of this segment, luxury brands like Burberry and Yves Saint Laurent, are adjusting their strategies by lowering prices to recapture middle-income shoppers. However, simply lowering prices is not enough. As noted, the true future of luxury lies in creating unique and personalized experiences that enrich lives, such as bespoke services, exclusive events, and personalized travel. The modern consumer seeks to be heard, valued, and feel fulfilled with every purchase he makes. To know more about the changing dynamics of India’s luxury space, download the Brand Xcel 2024 Report: https://lnkd.in/gu3WBvRF Manish Narang |R Vishal Oberoi| Kapil Narang | Manas Gupta | Varun Pathak|Vivek Gupta | Sapna Singh | Raaj Dharmanni | Rahul Bhatnagar | Shalini Singh| Mohit Gour #luxurymarket #luxurygoods #consumerbehaviour #consumerinsights #brandxcel2024 #middleclass #shopperinsights #personalisation #experientialluxury #mrx #marketresearch #researchsolutions
Market Xcel
Market Research
New Delhi, Delhi 60,854 followers
Insights | Analytics | Global Fieldwork | India| United States | Singapore
About us
At Market Xcel, we're dedicated to delivering high-quality results for our clients. We offer a comprehensive solution for companies seeking customized market insights globally. With headquarters in India, USA, and Singapore, we can quickly reach multiple markets for your research needs. Our clients appreciate our vast network of contacts, extensive market research experience, and commitment to project success. We specialize in: Online Panels Global Panel 28M with 20+ profilers Healthcare, B2C & B2B Panel Online Communities Scripting/programming Quantitative Data Collection Face to Face Surveys Home Usage Tests Central Location Tests Qualitative (Online & Offline) Focus Groups IDIs Ethnographies UX Testing Moderation and Translations Transcriptions Digital Diaries and Online Bulletin Boards Retail & Audits Mystery Shopping Retail Census Display Audits Sales & Inventory Audits
- Website
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http://www.market-xcel.com
External link for Market Xcel
- Industry
- Market Research
- Company size
- 501-1,000 employees
- Headquarters
- New Delhi, Delhi
- Type
- Privately Held
- Founded
- 2000
- Specialties
- Research, Online Panels, Cloud Panel, Panel, CATI, Market Research India, Market Research UK, Market Research Singapore, Market Research Outsourcing, Market Research SAARC, Global Panels, Global Market Research, Rural Network, and End-to-end research
Locations
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Primary
17, Okhla Industrial Estate
Okhla Phase 3
New Delhi, Delhi 110020, IN
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190, Middle Road,
# 14-10, Fortune Centre
Singapore, 188979, SG
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5741 Cleveland Street
Suite 120
Virginia Beach, 23462, US
Employees at Market Xcel
Updates
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Market Xcel reposted this
☕ India is renowned for producing high-quality green tea, prized for its unique flavor profiles and health benefits. The major regions known for green tea cultivation in India include #Darjeeling, #Assam, #Nilgiri Hills, and #Kangra Valley. In recent years, India has seen a surge in demand for green tea both domestically and internationally, with tea estates focusing on sustainable practices to preserve the natural flavors and health benefits of their teas. Explore the exquisite World of 𝗜𝗻𝗱𝗶𝗮 𝗚𝗿𝗲𝗲𝗻 𝗧𝗲𝗮: https://lnkd.in/gviD5_5s ORGANIC INDIA, Tata Consumer Products, Girnar Foods Beverages Private Limited, Sresta Natural Bioproducts Private Limited, Nestlé, Dilmah Tea, TGL Co., TeaXpress || Market Xcel #green #tea #market #health #teabags #natural #flavours #consumer #lifestyle #wellness #genz #online #chai #chaipoint #india #chaayos
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Market Xcel is thrilled to be one of the sponsors at the Cincinnati Summer Networking Event hosted by the Insights Association - North Central Chapter. Join us for a home run of networking over a baseball game and a delicious buffet. Drop by the Great American Ball Park on July 30 at 7:10 PM, and connect with R Vishal Oberoi, CEO, of Market Xcel and Mohit Gour, President, of Market Xcel, USA to guide you through our extensive range of services Batter up for an evening of fun and networking! Looking forward to seeing you! Contact us: info-us@market-xcel.com Manish Narang |R Vishal Oberoi | Kapil Narang | Manas Gupta | Varun Pathak |Vivek Gupta |Sapna Singh | Raaj Dharmanni | Rahul Bhatnagar | Shalini Singh | Mohit Gour | Jaceey Sebastian | Nisha Sheth | Steve Bossert #insightsassociation #northcentralchapter #cincinnati #baseball #networkingevent #event #mrx #marketresearch #globalreach #globalsolutions #usa
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The #retail domain is buzzing with #trends and #innovations. While Meta-Commerce is transforming shopping through #VR & #AR, and social media platforms like Instagram and Facebook have become hotspot destinations for shopping. With sustainable consumerism at an all-time high, Patagonia and The Body Shop are at the forefront, embracing recycled materials, waste reduction, and fair trade. Additionally, AI-driven #personalization and health-focused products from brands like Nike and Peloton Interactive are significantly influencing consumer behaviour. To know more about global consumer trends, check the blog below. Manish Narang |R Vishal Oberoi| Kapil Narang | Manas Gupta | Varun Pathak | Vivek Gupta |Sapna Singh | Raaj Dharmanni | Rahul Bhatnagar | Shalini Singh | Mohit Gour #blog #consumertrends #globaltrends #retailindustry #consumerbehaviour #globalconsumers #ar #vr #ai #meataverse #sustainable #consumerism #meta #instagram #facebook #nike #thebodyshop #socialmedia
2024 Global Consumer Trends: What Brands Need to Know
market-xcel.com
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The Union Budget 2024-25 has introduced significant changes in the capital gains tax, causing notable ripples in the stock market. Key indices like the #BSE #Sensex and #NSE #Nifty #50 experienced high volatility, reflecting investor unease due to the increased tax burden. The 5% hike in Short Term Capital Gains (#STCG) tax and a slight rise in Long Term Capital Gains (#LTCG) tax are perceived as potential dampeners for investor enthusiasm, likely leading to a more cautious market approach. For #consumers, this budget may necessitate a rethink of #investment #strategies, particularly in short-term #trades. The increased tax on gains might prompt investors to seek more stable, long-term opportunities, potentially altering the investment domain. As the market adjusts to these new norms, how will these tax changes impact long-term investment behaviour and market stability? Do you think these norms could make equity investing less lucrative, pushing investors towards assets like real estate, gold, or international stock markets? Share your thoughts in the comments below! Manish Narang |R Vishal Oberoi| Kapil Narang | Manas Gupta | Varun Pathak | Vivek Gupta |Sapna Singh | Raaj Dharmanni | Rahul Bhatnagar | Shalini Singh | Mohit Gour #unionbudget #unionbudget2024 #unionbudgetfindings #budget2024 #budget #india #impact #stockmarket #investment #bse #nse #nifty #market #longterm #shortterm #taxgains #taxprovisions #investors
Budget 2024: Stocks wobble on capital gain tax plan
thehindu.com
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We’re thrilled to have Aakash Bhasin back at Market Xcel, as the SVP of the Global Delivery Centre, a massive leap to fulfil our global endeavours and serve our clients in the best possible ways. An adept at building and scaling sales & delivery teams, and with #expertise in corporate governance, Aakash aims to build and scale delivery teams, doubling our current #delivery #capabilities in the next 12 months. This delivery team that understands #multi-country nuances, great #customer experiences, and deliveries across multiple time zones, will ensure superior quality for its clients. While Market Xcel has already been delivering results in over 70 countries, with Aakash’s presence, the plan is to expand this to over 90-100 #countries. Welcome Aboard, Aakash Bhasin. Let’s achieve great things together! Read more: https://lnkd.in/gKUFKg3c Manish Narang |R Vishal Oberoi| Kapil Narang | Manas Gupta | Varun Pathak | Vivek Gupta |Sapna Singh | Raaj Dharmanni | Rahul Bhatnagar | Shalini Singh | Mohit Gour #mrx #marketresearch #globalresearch #globaldelivery #researchpartner
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Gain actionable insights and ensure project success with our unparalleled global fieldwork solutions, anytime, anywhere. Our expertise spans over 80 countries, providing high-quality respondents, top-notch insights, and comprehensive support from recruitment and moderation to translation and localisation. Contact us and transform your research strategy: info-us@market-xcel.com Manish Narang |R Vishal Oberoi | Kapil Narang | Manas Gupta | Varun Pathak | Vivek Gupta |Sapna Singh | Raaj Dharmanni | Rahul Bhatnagar | Shalini Singh | Mohit Gour #globalfieldwork #fieldwork #surveys #research #globalresearch #marketresearch #mrx #b2b #b2c #healthcare
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While Market Xcel's USA team thoroughly enjoyed day 1 at Quirk's Media, they are all prepped to explore what's in store for them on day 2 of the futuristic event. To schedule a meeting, write to us at: info-us@market-xcel.com
Day 1 at Quirk's Media Event in NY city was indeed a day of building new connections and strengthening existing ones while discussing industry challenges, opportunities and the impact of #AI tools for a better tomorrow! #networking #learning #mrx Market Xcel Steve Bossert
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Swiggy Instamart has hit the sweet spot by partnering with Hamleys to bring premium toys to our doorstep in 10 minutes. This game-changing collaboration is a dream come true for busy parents, curious kids and last-minute shoppers, offering a seamless way to access top-quality toys without the wait, thereby combatting the hassle. Competitors now certainly face the daunting task of matching this unparalleled speed, and convenience and forging captivating collaborations. With orders skyrocketing 300-fold since toys were introduced to their quick commerce platform earlier this year, the quick delivery giant’s collaboration with #Hamleys is set to further boost consumer confidence and demand. #Swiggy #Instamart is setting a new benchmark in quick commerce, demonstrating how premium brands can effectively meet modern demands. What a catch of a collaboration indeed. Manish Narang | R Vishal Oberoi | Kapil Narang | Manas Gupta | Varun Pathak | Vivek Gupta |Sapna Singh | Raaj Dharmanni | Rahul Bhatnagar | Shalini Singh | Mohit Gour #swiggy #swiggyinstamart #hamleys #collaboration #quickdelivery #lastminutedelivery #quickcommerce #mrx #marketresearch #consumerbehaviour #convenience
Swiggy Instamart brings the world's biggest and oldest toy retailer at a '10-minute distance' - Times of India
timesofindia.indiatimes.com
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NVIDIA's 𝐥𝐚𝐮𝐧𝐜𝐡 𝐨𝐟 𝐀𝐈 𝐭𝐨𝐨𝐥𝐬 𝐚𝐧𝐝 𝐒𝐭𝐮𝐝𝐢𝐨 𝐏𝐂𝐬 𝐢𝐧 𝐈𝐧𝐝𝐢𝐚 𝐢𝐬 𝐚 𝐭𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐯𝐞 𝐥𝐞𝐚𝐩 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐝𝐢𝐠𝐢𝐭𝐚𝐥 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐬𝐩𝐚𝐜𝐞. This isn't just about cutting-edge technology; it’s about democratizing creativity. With the ability to transform photos into fantastical characters at the click of a button, Nvidia is putting unprecedented creative power into the hands of the many. No longer are top-tier digital production capabilities reserved for the elite few. Indian gamers and content creators now have the means to produce professional-grade work, levelling the playing field. This move by Nvidia also highlights a crucial point: 𝐭𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐜𝐫𝐞𝐚𝐭𝐢𝐨𝐧 𝐥𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐬𝐞𝐚𝐦𝐥𝐞𝐬𝐬 𝐢𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐀𝐈 𝐚𝐧𝐝 𝐡𝐚𝐫𝐝𝐰𝐚𝐫𝐞. Nvidia’s move sets a new benchmark, pushing competitors to rethink their offerings and accelerating technological advancement. By making these advanced tools accessible, Nvidia is not just pushing technological boundaries but also 𝐞𝐧𝐚𝐛𝐥𝐢𝐧𝐠 𝐚 𝐧𝐞𝐰 𝐰𝐚𝐯𝐞 𝐨𝐟 𝐜𝐫𝐞𝐚𝐭𝐢𝐯𝐢𝐭𝐲 𝐚𝐧𝐝 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧, 𝐦𝐚𝐤𝐢𝐧𝐠 𝐢𝐭 𝐚𝐧 𝐞𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐭𝐢𝐦𝐞 𝐭𝐨 𝐛𝐞 𝐚 𝐜𝐫𝐞𝐚𝐭𝐨𝐫 𝐢𝐧 𝐈𝐧𝐝𝐢𝐚. Manish Narang |R Vishal Oberoi | Kapil Narang | Manas Gupta | Varun Pathak | Vivek Gupta |Sapna Singh | Raaj Dharmanni | Rahul Bhatnagar | Shalini Singh | Mohit Gour #nvidia #aitools #ai #artificialintelligence #contentcreation #gamers #indiangamers #creativity #mrx #marketresearch #globalresearch #technology #innovation #pcs
Nvidia introduces AI tool that allows Indian gamers to transform into game characters
https://www.thetatva.in