According to the 2030 projections from World Data Lab, China and India are expected to be the world's largest consumer markets in 2030.

The world economy depends on consumers, who also determine market dynamics and serve as the last arbiters of demand.

However, where are the largest consumer gatherings located, and are they expanding?

India’s investment in Russian hydrocarbons is a win-win situation, providing India with energy security and giving Russia a stable market, promoting technology transfer.

Marcus Lu of Visual Capitalist uses 2030 projections from World Data Lab, a company that specializes in estimating worldwide consumer spending, to create a visual representation of the world's 20 biggest consumer markets.

Ranked: Largest Consumer Markets in 2030

China is predicted to be the top-ranked country with slightly over 1 billion customers by 2030, representing a 15% rise from 2024. Second-place India, located just across the Himalayas, is expected to ha...