India Perfumes & Deodorants Market to Grow with a CAGR of 11.3% through 2028
The India Perfumes & Deodorants
Market is experiencing significant growth driven by changing consumer
lifestyles and preferences, the expansion of product offerings and fragrance
variety, and the influence of e-commerce and online retail channels.
According to the TechSci Research report,
“India Perfumes & Deodorants
Market –Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2019-2029F”,
the India Perfumes & Deodorants market stood at USD1350.5 million in 2023
and is anticipated to grow with a CAGR of 11.3% in the forecast period, 2025-2029.
The Indian Perfumes & Deodorants market is an aromatic domain that has
witnessed substantial growth and transformation over the years. Comprising a
diverse range of products that cater to personal grooming and scent
preferences, this market reflects the evolving tastes and lifestyles of India's
vast and dynamic population.
The use of fragrances and scents in
India has a rich and ancient history that dates back millennia. Traditional
Indian perfumery, known as "attar" making, has been practiced for
centuries, producing fragrances from natural ingredients such as flowers,
herbs, and spices. These aromatic creations were used not only for personal
adornment but also in religious ceremonies and cultural rituals.
The contemporary India Perfumes &
Deodorants market, however, has experienced a significant evolution in the past
few decades. The market's transformation can be attributed to various factors,
including economic liberalization, urbanization, globalization, and changing
consumer preferences.
Browse over XX market data Figures
spread through 83 Pages and an in-depth TOC on "India Perfumes & Deodorants Market.”
India's urban population has been
steadily growing, leading to increased consumer awareness and demand for
personal grooming products, including perfumes and deodorants. As urban
lifestyles become busier and more cosmopolitan, the desire to look and feel
fresh has propelled the market. Additionally, rising disposable incomes,
particularly among the middle-class segment, have enabled consumers to afford
and indulge in personal care and grooming products. Perfumes and deodorants,
once considered luxury items, are now within reach for a larger section of the
population. Aspirational purchases, driven by marketing campaigns and brand
endorsements, have played a significant role in the market's expansion.
India's demographic dividend is
characterized by a young population, and the youth demographic is a key
consumer group for perfumes and deodorants. Brands often target the youth
through innovative marketing strategies, appealing packaging, and a wide range
of fragrance options. Furthermore, the market offers a plethora of
gender-specific fragrances, recognizing that scent preferences can vary
significantly between men and women. This segmentation allows brands to cater
to diverse tastes.
Celebrity endorsements have a profound
impact on consumer choices in India. Many perfume and deodorant brands
collaborate with Bollywood actors, sports personalities, and influencers to
enhance their appeal and connect with consumers. Additionally, India
experiences distinct seasons, and fragrance preferences change accordingly.
Deodorants, particularly in spray and roll-on forms, are more popular during
the hot summer months when staying fresh and sweat-free is a priority. Perfumes
are often favored during the festive and cooler winter seasons. Furthermore, the
rapid growth of e-commerce in India has opened up new avenues for purchasing
perfumes and deodorants. Online platforms offer convenience, a wide range of
choices, and competitive pricing. Many consumers now prefer to browse, compare,
and purchase fragrances online. In addition, some brands have introduced
customization options, allowing consumers to create bespoke fragrances. This
trend caters to those seeking a unique and personalized scent.
The India perfumes & deodorants market
is segmented based on product type, price segment, sales channel, and region.
Based on the product type, the market is
segmented into deodorants & perfumes. Among these, perfumes have a
significant share in the India perfumes & deodorants market during the
forecast period. Perfumes are often associated with luxury and premium personal
grooming. Many consumers view perfumes as a symbol of sophistication and use
them for special occasions, celebrations, and formal events. This premium
appeal attracts consumers looking for a touch of opulence in their daily lives.
Based on region, the market is segmented
into North, South, East, and West. Among these, the North region has a
significant share of the India perfumes & deodorants market during the
forecast period. The North region is home to major metropolitan centers like
Delhi, Chandigarh, and Jaipur, which have witnessed rapid urbanization and an
increase in disposable income. As urban lifestyles become more cosmopolitan,
the demand for personal care products, including perfumes and deodorants, has
surged. Consumers in these urban areas are more inclined to invest in
fragrances to enhance their daily grooming routines.
Major companies operating in the India perfumes
& deodorants market are:
- Vini
Cosmetics Private Limited
- ITC Limited
- Nivea India
Private Limited
- Hindustan
Unilever Limited
- Emami Limited
- J.K Helene
Curtis Limited
- McNroe
Consumer Products Private Limited
- Godrej
Consumer Products Limited
- Marico
Limited
- Wipro
Consumer Care & Lighting
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“The India Perfumes & Deodorants
market is a vibrant and evolving sector driven by changing consumer
preferences, urbanization, rising disposable incomes, and a desire for personal
grooming and self-expression. As the market continues to expand, brands will
need to adapt to the diverse tastes and demands of Indian consumers, while also
addressing sustainability concerns and ethical considerations. The future of
the market promises to be fragrant with opportunities for innovation and
growth, as fragrance becomes an increasingly integral part of India's lifestyle
and self-care routines.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based global management consulting firm.
“India
Perfumes & Deodorants Market By Product Type (Deodorants & Perfumes), By
Price Segment (Mass & Premium), By Sales Channel (Supermarkets/Hypermarkets,
Specialty Stores, Online, and Others), By Region, By Competition Forecast &
Opportunities, 2019-2029F, has evaluated the future growth potential
of the India perfumes & deodorants market globally and provides statistics
and information on market structure, size, share, and future growth. The report
provides cutting-edge market intelligence and helps decision-makers to make sound
investment decisions. Besides, the report also identifies the emerging trends
along with essential drivers, challenges, and opportunities present in the India
perfumes & deodorants market.
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