Press Release

15% CAGR Forecast for Men’s Grooming Products Market in India

Growing population, hectic & stressful lifestyle, increasing disposable income, rising awareness about male-centric grooming products to drive India men’s grooming products market through 2022

According to a TechSci Research report, India Men’s Grooming Products Market, By Product Type, By Sales Channel, Competition Forecast & Opportunities, 2012 – 2022, India men’s grooming products market is projected to register growth at a CAGR of more than 15%, in value terms, during 2017-2022. Over the past few years, India has seen a booming middle class slowly coming out and asserting themselves. The growth in number of middle income households has been immense, going from 31.4 million households in 2011 to over 53 million households in 2015. Along with an expanding middle class and rising net incomes, Indian households are also starting to spend more; final consumption expenditure, as a percentage of GDP has risen from 52.71% in 2010 to 59.24% in 2015. Growing awareness about men’s grooming products, increasing rural penetration and a rising youth population base are some other factors responsible for the strong growth of the men’s grooming products market in India.

Browse 8 market data Tables and 46 Figures spread through 131 Pages and an in-depth TOC on "India Men’s Grooming Products Market"

https://www.techsciresearch.com/report/india-men-s-grooming-products-market-by-product-type-fragrance-shaving-skincare-haircare-and-moustache-beard-grooming-by-sales-channel-supermarket-hypermarket-grocery-retail-store-online-etc-competition-forecast-opportunities/1012.html

Gillette India Limited, Hindustan Unilever Limited, Nivea India Private limited, L’Oréal India Private Limited, and J. K. Helene Curtis Limited are some of the leading players operating in India men’s grooming products market in 2016. These players are expected to hold their dominance during the forecast period, owing to their innovative product offerings, aggressive marketing strategies and robust sales and distribution channels. In terms of regions, North India and West India were the major demand generators for men’s grooming products in 2016, and these regions are anticipated to continue generating significant demand until 2022, owing to rising marketing activities by the companies in these regions, increasing per-capita expenditure and growing demand from young male population.


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 “Rising demand for products that repair hair damage, skin damage, signs of ageing, etc., developing economy with consumers having higher disposal incomes, continuous product innovation and diversification by leading players in different segments, increasing availability of foreign brands through e-commerce coupled with celebrity endorsements of popular brands are few of the major factors that are expected to steer growth in men’s grooming products market in India over the course of next five years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

India Men’s Grooming Products Market, By Product Type, By Sales Channel, Competition Forecast & Opportunities, 2012 – 2022 has evaluated the future growth potential of men’s grooming products market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in India men’s grooming products market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends. 

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Relevant Reports

India Men’s Grooming Products Market, By Product Type (Fragrance, Shaving, Skincare, Haircare and Moustache & Beard Grooming), By Sales Channel (Supermarket/ Hypermarket, Grocery/Retail Store, Online, etc.), Competition Forecast & Opportunities, 2012 – 2022

Consumer Goods and Retail | May, 2017

Growing population, hectic & stressful lifestyle, increasing disposable income, rising awareness about male-centric grooming products to drive India men’s grooming products market by 2022.

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