India’s Air Care Market to 2023: Expected to Grow at a CAGR of Approx 20.7% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Mar 22, 2019--The “Air Care Market in India (2018-2023)” report has been added to ResearchAndMarkets.com’s offering.
Changing lifestyle patterns among Indians and a growing emphasis on having clean environments are enhancing the demand for air care products in the Indian market.
The air care market in India is expected to reach a value of INR 18.48 Bn by 2023, expanding at a compound annual growth rate (CAGR) of ~20.7% from 2018.
Consumers, lately, are willing to experiment with different variants of air care products, including spray/aerosol air fresheners, to keep homes odor-free. Urban consumers are switching from traditional products such as incense sticks to more sophisticated and modern offerings such as aerosols. The demand for premium and value-added air freshener products with better fragrance is growing rapidly among upper-middle-class consumers.
Most of the air fresheners available in the Indian market contain harmful ingredients like phthalates, which can result in reproductive abnormalities, allergies, and asthma. People, who are aware of the consequences of such ingredients, often stay away from air fresheners.
The air care market operates in three main segments - home fresheners, car fresheners, and bathroom fresheners. In 2016, the home fresheners segment was valued at INR 1.5 Bn. The car fresheners segment was valued at INR 2.5 Bn in the same year, thus acquiring a 50% share of the overall air care market in India. With a rise in the sale of cars, the market share of car fresheners has picked up in recent years.
Key Topics Covered
1. Executive summary
2. Socio-economic indicators
3.1. Air care market in India - definition and structure
4. India air care market
4.1. Market overview
4.2. Air care market size and growth forecast (2018-2023e)
5. India air care market segmentation
5.1. Category-wise (2018)
5.1.1. Based on value
5.1.2. Based on market share
5.2. Player-wise (2018)
5.2.1. Dabur India Limited
6. Trade analysis
6.1. Export of air care products
6.2. Import of air care products
7. Key market opportunities
8. Key growth drivers of the market
9. Key deterrents to the growth of the market
10. Competitive landscape
10.1. Dabur India Limited
10.1.1. Corporate information
10.1.2. Business description
10.1.3. Products and services
10.1.4. Key people
10.1.5. Financial snapshot (total income, net profit/loss)
10.1.6. Key ratios
10.1.7. Key financial performance indicators
10.1.8. Business segments, geographical segments
10.2. Godrej Consumer Products Limited
10.4. J.K. Helene Curtis Limited
10.5. Midas Care Pharmaceuticals Private Limited
10.6. Procter & Gamble Home Products Private Limited
10.7. Reckitt Benckiser (India) Private Limited
10.8. S.C. Johnson Products Private Limited
10.9. Sara Lee Corporation
For more information about this report visit https://www.researchandmarkets.com/research/g98xdx/indias_air_care?w=4
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Related Topics:Air Fresheners
KEYWORD: ASIA PACIFIC INDIA
INDUSTRY KEYWORD: RETAIL COSMETICS
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 03/22/2019 07:19 AM/DISC: 03/22/2019 07:19 AM