The latest report on the India Personal Care Market is an extensive research study spanning 100 pages, containing informative tables and figures. It covers the period from 2023 to 2030 and provides valuable insights into the market landscape.
The report offers a comprehensive examination of the India Personal Care Market, including a detailed analysis of market segmentation based on types, applications, and countries. It explores the market dynamics with a specific focus on the latest trends, drivers, and opportunities influencing the industry.
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The market was valued at INR 43.51 Billion in FY 2020. It is estimated to reach INR 160.61 Billion by FY 2027, expanding at a compound annual growth rate (CAGR) of ~22.32% during the FY 2022-FY 2027 period.
Market insights
Consumers have become inclined toward organic personal care products because they are made of plant-based ingredients, which are not toxic, cruelty-free, non-GMO, and non-comedogenic. This is because of the growing awareness of the harmful effects of parabens, sulphates, and synthetic chemicals such as propylparaben, formaldehyde, phthalates, and butylparaben used in traditional products.
Segment insights:
The market is categorized into five segments skincare, haircare, oral care, colour cosmetics, and other organic personal care products. As of FY 2021, the organic skincare segment dominated the organic personal care market. The hair care and oral care segment have also shown notable growth. The skincare segment is anticipated to dominate the market for the coming because of its popularity among consumers of both tier-I and tier-II cities. The sales volume of organic colour cosmetics is anticipated to grow by 60% in the coming years. This significant rise in sale can be attributed to Indian skin types such as combination-oily, oily-sensitive skin, which are highly sensitive to artificial non-organic cosmetic products due to humid climate changes
Impact of COVID-19:
The COVID-19 pandemic has both, benefited and affected the market. Since all retail outlets, spas, beauty salons, and shopping malls were closed for a prolonged duration during the second wave, key players witnessed a huge dip in their sales volume. The industry experienced disruption, particularly with production, supply chain, and e-commerce delivery.
However, the demand for organic products, as a safe alternative to traditional personal care products full of harsh chemicals, has surged. Organic sheet masks have been ruling the market since May 2021, owing to their effective nature and short-term application process. The demand for essential oils, skincare, and oral hygiene products has also picked up. The demand/sale of organic hand sanitizers has grown by 14% between 2020 and 2021 because of improved awareness of natural ingredients used in these products. These are also the safe alternative to harsh alcohol-based hand sanitizers.
Competitive insights
Owing to customers preference toward personal care products with natural ingredients, major players such as Dabur India Limited and Forrest Essentials Private Limited have generated substantially high net revenues. Start-ups such as Plum, McAffeine, Kama Ayurveda, and SkinKraft have also shown noteworthy performances.
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Here is an overview of the chapters in the India Personal Care Market Report:
Chapter 1: Scope of the report, research methodology, and relevant information regarding the report’s contents.
Chapter 2: Executive summary, including the India Personal Care market size, sales and revenue, compound annual growth rate (CAGR), market size by region, type, and application. It also includes historical data from 2018 to 2023 and a forecast until 2030.
Chapter 3: Focuses on India Personal Care sales, revenue, average price, global market share, and industry ranking by company from 2018 to 2023.
Chapter 4: Presents India Personal Care sales and revenue by region and country, providing country-specific data and market value analysis for regions including the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America, and the Middle East and Africa.
Chapters 5-8: Delve deeper into the market, focusing on sales segments by country and type for each region, including the Americas, APAC, Europe, and the Middle East and Africa.
Chapter 9: Analyzes current market trends, market forecasts, opportunities, and economic trends that may impact the future of the marketplace.
Chapter 10: Examines the manufacturing cost structure analysis of the market.
Chapter 11: Explores sales channels, distributors, and customers.
Chapter 12: Presents a world forecast review for geographic regions.
Chapter 13: Analyzes key players in the market.
Chapter 14: Provides research findings and a conclusion.
Key Points Covered in the Table of Contents:
Overview: Provides a concise summary of the report, offering a high-level understanding of the India Personal Care Market and its contents.
Market Analysis: Accurate and reliable market share forecasts for key segments within the India Personal Care Market. This analysis enables industry participants to strategically invest in significant growth areas.
Analysis of Leading Players’ Strategies: In-depth analysis of the strategies employed by leading players, enabling others to develop effective strategies and gain a competitive advantage in the India Personal Care Market.
Regional Growth Analysis: Covers all major regions and countries relevant to the India Personal Care Market. The regional analysis facilitates market players in identifying untapped regional markets, devising unique regional strategies, and comparing growth patterns across different regions.
Market Forecasts: Provides precise and validated estimations of the overall market size in terms of value and volume. The study also includes comprehensive forecasts for consumption, production, sales, and other factors related to the India Personal Care Market.
Overall, the report offers valuable insights and enables industry participants to make informed decisions, capitalize on growth opportunities, and stay competitive in the India Personal Care Market.
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