Product Code: ETC010244 | Publication Date: Jun 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India is one of the most promising markets for Men personal care, accounting for around 8.3% share in the global market. The growth in India men personal care market has been mainly driven by rising consumer awareness about health and beauty issues as well as increased disposable incomes. India`s growing middle-class population with a preference for branded lifestyle products and rising demand from rural areas are also driving factors behind this growth trend. Despite the economic slowdown due to COVID-19 pandemic, experts predict that India men?s grooming sector will grow at a Compound Annual Growth Rate (CAGR) of 5.1 percent over 2020-2026 to reach USD 7 billion by 2026; however, it may take some time before full recovery is achieved given current conditions of supply chain disruption & volatility in raw material prices coupled with rise in unemployment levels & temporary closure of retail outlets during nationwide lockdowns imposed across states to contain viral spread.
1. Rising Disposable Incomes: Increased spending power among Indian consumers has enabled them to purchase more premium quality products leading to an increase in demand for high end men?s grooming products such as face washes, moisturizers, shaving creams etc., making manufacturers focus on product differentiation through innovative formulations and packaging designs thus encouraging healthy competition within category segments leading to higher penetration rates amongst targeted demographics which further drives industry revenue growth rate up significantly.
2. Growing Canvas of Adoption Across Demographic Segments: Men today are increasingly aware about their physical appearance and have started investing heavily on cosmetic/personal care items like hair gels/waxes, facial cleansers/scrubs etc.; thus establishing an even playing field across gender lines when it comes to utilizing these types of items both daily or occasion wise ? especially considering increasing number millennial male users who prefer experimenting with various grooming options available out there before settling on something they find suitable enough according their preferences & lifestyle habits.. This factor much needed impetus required by players operating within industry so as stay afloat amidst cut throat completion posed from local firms striving hard capture larger chunk target customer base throughout country while still retaining competitive edge front large corporate houses vying presence same space simultaneously trying win hearts millions potential customers looking into these offerings whenever need arises thus contributing towards overall expansion agenda domain at hand.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Men Personal Care Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Men Personal Care Market Revenues & Volume, 2020 & 2030F |
3.3 India Men Personal Care Market - Industry Life Cycle |
3.4 India Men Personal Care Market - Porter's Five Forces |
3.5 India Men Personal Care Market Revenues & Volume Share, By Types, 2020 & 2030F |
3.6 India Men Personal Care Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 India Men Personal Care Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Men Personal Care Market Trends |
6 India Men Personal Care Market, By Types |
6.1 India Men Personal Care Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 India Men Personal Care Market Revenues & Volume, By Types, 2020-2030F |
6.1.3 India Men Personal Care Market Revenues & Volume, By Hair Care, 2020-2030F |
6.1.4 India Men Personal Care Market Revenues & Volume, By Shaving, 2020-2030F |
6.1.5 India Men Personal Care Market Revenues & Volume, By Oral Care, 2020-2030F |
6.1.6 India Men Personal Care Market Revenues & Volume, By Personal Cleanliness, 2020-2030F |
6.1.7 India Men Personal Care Market Revenues & Volume, By Skin Care, 2020-2030F |
6.1.8 India Men Personal Care Market Revenues & Volume, By Others, 2020-2030F |
6.2 India Men Personal Care Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 India Men Personal Care Market Revenues & Volume, By Online, 2020-2030F |
6.2.3 India Men Personal Care Market Revenues & Volume, By Offline, 2020-2030F |
7 India Men Personal Care Market Import-Export Trade Statistics |
7.1 India Men Personal Care Market Export to Major Countries |
7.2 India Men Personal Care Market Imports from Major Countries |
8 India Men Personal Care Market Key Performance Indicators |
9 India Men Personal Care Market - Opportunity Assessment |
9.1 India Men Personal Care Market Opportunity Assessment, By Types, 2020 & 2030F |
9.2 India Men Personal Care Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 India Men Personal Care Market - Competitive Landscape |
10.1 India Men Personal Care Market Revenue Share, By Companies, 2023 |
10.2 India Men Personal Care Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |