India Fabric Wash and Care Market to Surpass USD5309.18 Million by FY2027
Increasing hygiene-conscious consumers, diversifying product
portfolio, technological advancements and rising awareness of using quality
detergent is expected to drive the India fabric wash and care market.
According to TechSci Research report, “India Fabric Wash and Care Market By Product
Type (Detergent, Fabric Softener/Conditioner and Bleach), By Application (Residential,
Hospitality, Healthcare and Others (Railways, Automotive, Aviation, etc.), By Form (Powder, Bar, Liquid and Others (Tablets,
Sheets, etc.)), By Distribution Channel (Traditional Retail Store, Departmental
Stores, Hypermarket /Supermarket, Institutional Sales, Online and Others
(Convenience Store, Pharmacies and Drugstores, etc.)), By Region, Competition,
Forecast & Opportunities, FY2027F”, the India fabric wash and care market is valued
at USD3926.28 million in FY2021 and is expected to reach USD5309.18 million by
FY2027F with a CAGR of 5.49% during FY2022E-FY2027F, owing to increasing
hygiene-conscious consumers. The demand for fabric wash and care products is
growing due to diversification in the product portfolio and increased awareness
of using quality textile detergent. Moreover, increasing disposable income and
rising standard of living and evolution in the fashion industry has led to an
increase in the number of different fabric collection among the Indian
consumers. Due to the increased number of different fabric collections, proper
care of outfits has increased, since people want their clothes and linens to
smell fresh and feel comfortable, wrinkle-free, and static-free. Furthermore,
enhancing distribution channel and economic pricing strategy of the companies
are augmenting the demand for fabric wash and care products in India.
Keeping in view the spread of COVID-19
in India, the Government of India implemented a nationwide lockdown to curb the
spread of coronavirus. Owing to the lockdown, people in India were restricted
to stay at home and they were not left with any choice, which resulted in more
inclination towards online shopping as it was the only safe and available
option for the consumers. Hence, a significant increase in the online sales of
fabric wash and care products was seen during this period.
India fabric wash and care market is
segmented into product type, application, form, distribution channel, region
and company. Based on product type, the India fabric wash and care market can
be categorized into detergent, fabric softener/conditioner and bleach. Among them, the
detergent segment has dominated the India fabric wash and
care market with a majority share of more than 98% in terms of value in FY2021,
followed by bleach and is expected to maintain its dominance during the
forecast period as well, as companies are continuously focusing on new product
development to cater the changing needs of Indian consumers. However, by
introducing new products, a business can target previously untapped customer
markets. For instance, in 2020, a detergent brand, Ariel launched 3in1 PODs
which are pre-dosed washing capsules, filled with concentrate liquid detergent.
These PODs provide 3in1 HD Clean benefit – cleaning, stain removal and
brightness. Fabric softener & conditioner is the fastest growing segment in
the fabric wash and care market. Rising disposable income and standard of
living along with growing fashion industry has led to a rapid consumer wardrobe
expansion in the past few years. Nowadays, consumers have started using variety
of fabrics such as silk, chiffon, woollen & fine cotton with intricate
embroidery.
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In terms of distribution channel, the
India fabric wash and care market can be segmented into traditional retail
store, departmental stores, hypermarket /supermarket, institutional sales,
online and others (convenience store, pharmacies and drugstores, etc.). Among
which, the traditional retail stores have accounted for the majority of market
share in FY2021 followed by institutional sale. Due to the COVID-19 lockdown,
people in India were forced to
stay at home and had no choice but to shop online, which resulted in a greater
preference for online shopping because it was the only safe and available
option for the consumers. As a result, there was a significant increase in
online sales of fabric wash and care products during this time period. The
online channel in India is estimated to grow USD4 billion by 2022, drastically
higher than USD1.2 billion in 2019. The growth would be largely propelled by
affordable internet access and proliferation of smartphones across the country.
The ongoing digital transformation is increasing India’s total internet user
base to 829 million by 2021 from 687.6 million in 2019.
In terms of region, the India fabric
wash and care market is categorized into West India, North India, East India
and South India. West India is the largest contributor in the India fabric wash
and care market, on account of the highest population and more disposable income.
Moreover, the rising purchasing power
and growing per capita income in the region are further leading to the higher
demand for fabric wash and care products in the country.
Hindustan Unilever Limited, RSPL Group
Pvt. Ltd., Procter & Gamble Home Products Private Limited, Nirma Limited, Jyothy
Laboratories Limited, are some of the major market players operating in the India
fabric wash and care market. The players are focusing on strategic partnerships
to expand their reach and maintain their competitive position in the market.
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“Distribution
channel plays an important role in the success of fabric wash and care market.
Thus, companies are revamping their distribution strategies, for the easier
movement of fabric care goods. For instance, Rohit Surfactants Private Limited
has transformed its distribution strategy by using information technology,
infrastructure, manpower, to increase distribution even in rural areas. The
company is also accessing a wide consumer base through tie-ups with major
E-commerce platforms. During pandemic, keeping in mind the safety of consumers,
the company delivered products at consumers’ homes by partnering with alternate
distribution partners.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based global management consulting firm. communication.
“India
Fabric Wash and Care Market By Product Type (Detergent, Fabric Softener/Conditioner
and Bleach), By Application (Residential, Hospitality, Healthcare and Others
(Railways, Automotive, Aviation, etc.), By Form (Powder, Bar, Liquid and Others
(Tablets, Sheets, etc.)), By Distribution Channel (Traditional Retail Store,
Departmental Stores, Hypermarket /Supermarket, Institutional Sales, Online and
Others (Convenience Store, Pharmacies and Drugstores, etc.)), By Region,
Competition, Forecast & Opportunities, FY2027F” has
evaluated the future growth potential of India fabric wash and care market and
provides statistics and information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the India fabric wash and care market.
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