Report Ocean introduces a fresh report examining the “India Personal Care Market” encompassing its size, share, growth, industry trends, and forecast up to 2030. This comprehensive analysis delves into various industry components and growth patterns that offer valuable insights for anticipating the market’s future trajectory.
The market was valued at INR 43.51 Bn in FY 2020 and is expected to reach INR 160.61 Bn by FY 2027, with a CAGR of ~22.32% during the FY 2022-FY 2027 period.
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The market for organic personal care products in India has been growing significantly in recent years. Consumers have become more aware of the harmful effects of synthetic chemicals used in traditional products and are now turning towards plant-based ingredients.
The organic personal care 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 market. The sales volume of organic colour cosmetics is expected to grow by 60% in the coming years, driven by Indian skin types that are highly sensitive to artificial non-organic cosmetic products due to humid climate changes.
The COVID-19 pandemic has both benefited and affected the market. While the closure of retail outlets, spas, beauty salons, and shopping malls during the second wave led to a dip in sales volume, the demand for organic products as a safe alternative to traditional personal care products full of harsh chemicals has surged. The demand for essential oils, skincare, and oral hygiene products has picked up, with organic sheet masks ruling the market since May 2021 due to their effective nature and short-term application process.
Competitive insights show that major players such as Dabur India Limited and Forrest Essentials Private Limited have generated substantially high net revenues, while start-ups such as Plum, McAffeine, Kama Ayurveda, and SkinKraft have also shown noteworthy performances. The trend of consumers preferring personal care products with natural ingredients is expected to continue to drive the market in the coming years.
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The report addresses the following key questions regarding the India Personal Care market:
- What is the expected growth rate of the market in the upcoming years and what factors are driving this growth?
- How do consumers perceive and adopt different types of India Personal Care in the market?
- How are regulatory policies and government initiatives impacting the growth of the India Personal Care market?
- What is the market share of the top 5 players in the India Personal Care market and how is it likely to change in the future?
- What are the latest technologies and innovations in the India Personal Care market and how are they shaping the industry landscape?
- How do macroeconomic factors such as inflation, GDP, and exchange rates affect the India Personal Care market?
- What are the challenges related to the supply chain and logistics that India Personal Care market players face and how are they addressing them?
- How is the changing consumer behavior and preferences influencing the dynamics of the India Personal Care market?
- What are the potential risks and uncertainties associated with investing in the India Personal Care market, and how can they be mitigated?
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of India Personal Care market revenues on a global, regional, and country level, projecting trends until 2030. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the India Personal Care market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the India Personal Care market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate India Personal Care business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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