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India Organic Personal Care Products Market Stunning Forecast Key Players Set for Dominance

India Organic Personal Care Products Market Stunning Forecast Key Players Set for Dominance

The recent “India Organic Personal Care Products Market” report by Report Ocean gathers insights and assessments through genuine consultations with key stakeholders, including CEOs, Managers, Department Heads of Suppliers, Manufacturers, and Distributors. This comprehensive study aims to thoroughly examine the global industry, target market, competition, and various influencing factors. Ask for Free Sample Report

The report on the “India Organic Personal Care Products Market” conducts a data-driven quantitative analysis of the relevant industry. It utilizes research based on public records to identify significant patterns. Additionally, it provides predictions for the market sector’s growth between 2024 and 2032. The research primarily focuses on major global market manufacturers, analyzing sales volume, rates, competitive aspects, market share, and development strategies up to 2032.

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India Organic Personal Care Products Market Analysis and Growth Forecast:

The trend of using organic products has caught on following the growing awareness about the side effects of harmful chemicals. The demand for organic personal care products, made of naturally sourced ingredients like herbal and floral extracts, without any chemical intervention, has thus increased among people, in recent years.

Market insights:

Exposure to high levels of air pollution, dust, excessive sunlight, and long hours in air-conditioned environments often causes skin and hair problems. Often, chemical-based personal care products, used to treat these problems, result in side effects like skin rashes, itchy scalp and other forms of irritation on skin, scalp and body. Therefore, the demand for organic personal care products has picked up. It is expected that the organic personal care products market in India will reach INR 146.14 Billion by 2024, expanding at a compound annual growth rate (CAGR) of 17.81% during the 2019-2024 period.

Market segment insights:

Product type-wise segmentation: Based on product type, the organic personal care market in India is segmented into skin care, hair care, color cosmetic, and oral care products. Among these, the organic skin care products segment accounted for 32% of the overall revenue of the organic personal care market in 2018, followed by the hair care (30%), and color cosmetics (23%) segments.

Product benefit-wise segmentation:

Based on the benefits obtained from the products, the organic personal care market is segmented into problem solution, enhancement and maintenance products. In 2018, the organic personal care products offering maintenance benefits held the largest market share (38%), with most demands coming from the sates of Andhra Pradesh, Tamil Nadu and Punjab.

Key growth drivers of the market:

People have become aware of the harmful effects of chemicals like parabens, phthalates, propylene glycol and formaldehyde, which are used in personal care products. As a result, consumers are preferring products made of herbal and organic ingredients over conventional personal care products.

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Key deterrents to the growth of the market:

Organic personal care products are devoid of preservatives like paraben and therefore have shorter shelf life than their conventional counterparts. Hence, Indian consumers prefer buying conventional personal care products of popular brands with greater shelf lives which would last long. This is a major challenge for the growth of the organic personal care products market in India.

Products of major players in the market like Lotus Herbals, Kama Ayurveda, Forest Essentials and Jovees Herbals are on the expensive side. Also, start-ups entering the market offer luxury organic personal care products at premium price ranges. Indian consumers are mostly price-sensitive, and those belonging to the middle and low income group can hardly afford expensive organic products. Instead, they make use of homemade besan, haldi or neem pastes in their beauty and personal care regime. This in turn limits the sale of organic personal care products, impeding market growth.

Companies covered:

Dabur India Limited
Emami Limited
Bio Veda Action Research Private Limited
Forest Essentials Private Limited
Jovees Herbal Care India Limited
Kama Ayurveda Private Limited
Lotus Herbals Private Limited
Patanjali Ayurved Limited
Shahnaz Ayurveda Private Limited
The Himalaya Drug Company
Honasa Consumer Private Limited
Juicy Chemistry Private Limited
Soulflower India Private Limited

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Report Components

Market Synopsis: This section encapsulates the present market scenario and outlines the industry’s scope. It includes a comprehensive analysis of key segments such as product types, applications, and regions, with revenue and sales forecasts provided as part of this overview.

Competitive Landscape: Illuminating the market’s competitive terrain, this section presents an in-depth analysis of manufacturers, offering insights into individual players’ revenue and sales figures. Additionally, it encompasses noteworthy details on mergers, acquisitions, and industry investments.

Regional Analysis: Providing an overview of market revenue, sales, and shares across major regions and sub-regions, this segment also explores the pricing structure, sales growth rate, and other crucial estimations.

Company Profiles: This section provides strategic business insights about key firms operating within the market landscape. It covers product specifications, revenue shares, and portfolios of these major companies.

The Analysis Objectives of the Report are:

To determine the size of the Market by identifying its sub-segments.

To research the key players and analyze their growth strategies.

To assess the size and value of the Market based on key regions.

To analyze the Market in terms of growth trends, potential, and participation in the overall sector.

To investigate the Market size (volume and value) from the company, key regions/countries, goods and applications, and background data.

Primary Market manufacturers to specify, clarify, and analyze the product sales volume, value, market share, market rivalry landscape, SWOT analysis, and future development plans.

To investigate market competitive developments such as market expansions, agreements, new product launches, and acquisitions.

What is new in 2024?

– Major developments that can change the business landscape as well as market forecasts.

– Addition/refinement in segmentation–Increase in depth or width of segmentation of the market.

– Coverage of new market players and change in the market share of existing players of the market.

– Updated financial information and product portfolios of players operating in the market.

– Updated market developments of the profiled players.

– Any new data points/analysis (frameworks) which was not present in the previous version of the report

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