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Personal Care Market - India

The emulating market of personal care segment in india.

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  • Page update date Updated about 1 year ago

Definition / Scope

Commodity that are sold swiftly at relatively low cost and drive quick buying decisions of consumers are known as Fast Moving Consumer Goods (FMCG).

Market Overview

  • India is the world's third largest economy by purchasing power parity (PPP), with a GDP of $8.427 trillion and expected to grow at a rate of 7.3% in 2015. [1].
  • Its FMCG sector is fourth largest contributor to its GDP. This Industry is characterized by a well established supply chain network, lower per capita consumption and acute competition between the organized and unorganized segments.
  • Indians personal care industry, a sub-segment of the FMCG sector includes skin care, hair care, bath care and oral care.The India's personal care market is growing at a brisking pace of 13 % pa, but has the potential to grow at 15%-16% pa.

Key Metrics

Metrics Value Explanation
Base Year 2016 Researched through internet


References

  1. IMF World Economic Outlook (WEO), October 2015.


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