Channel Partner India: Top 5 franchise sectors consistently generate revenues as of 2017

Franchise business sector is growing at rapid rate till date; moreover some business analyst firms have estimated that forthcoming years will be fruitful for franchising owing to huge demand for various categories including retail, entertainment and jewellery. Franchise operators are continuously challenging new players by building competitive marketplace, Indian economy is consistently booming from franchise based business. Various channel partner business opportunities in india are extensively mounting; however entrepreneurs who are looking for low investment business can also choose franchising as a way to penetrate local markets. Apart from vast franchise business categories there are few sectors that generate heavy revenues. Channel Partner India is leading franchise consulting organization, tremendous research is done by channel partners for market research. Here are top franchise sectors:  

1.     Health, beauty and spa franchise sector  

Healthcare segment is one of fast-growing sector, there are various franchise based healthcare centre available. However beauty and spa franchise sector is expanding due to large demand for branded beauty products or services.

2.     Restaurant and cafeteria

Quick service, fine dining and casual dining restaurant format steadily grow over past few years. Near about 20% franchise market in India dominated by restaurant and cafeterias and collectively generates huge revenues.

3.     Entertainment

As per recent reports, entertainment is crucial component of today’s fast-growing lifestyle. People from all age groups demand entertainment; however entrepreneurs also show great interest in entertainment franchise and realize it as best sector to invest.

4.     Automotive

Automobile sector is one of the consistently revenue generating sector. Make in India initiative by government of India prove beneficial for automobile sector.

5.     Home services

Fast-changing lifestyle is one of the underlying reasons for burgeoning home service franchise segment growth and development.

These are few franchise sectors where entrepreneurs are focusing. Apart from this each franchise category including education & training, retail, etc. are adding value to Indian economy. Entrepreneurs want to penetrate local markets should choose franchising business model. Franchise sector is a multibillion and is expected to grow rapidly in future.