The report titled "India Face Wash Market Overview, 2018-2023" provides a comprehensive analysis of the face wash market in India. The report offers a complete guide to the size and share of the market at a national level. Along with historic data, it also provides the latest sales data - thus allowing you to identify the market segments driving growth. The report also identifies leading companies and brands, along with examining competition among them. Forecasts through four years demonstrate how the market is set to change in coming years. Bonafide Research employs comprehensive and iterative research methodology focused on minimizing errors in order to provide the most accurate estimates and forecast possible.
India Face Wash Market Overview, 2018-2023
The face wash market of India is anticipated to grow with a CAGR of more than 15% in the forecast period of FY 2017-18 to FY 2022-23. Rise in disposable income, growing number of middle-class population, high spending on advertisements by the brands, desire among men and women to look fresh, consciousness towards personal hygiene are some of the reasons which have helped in increasing the market in last some years. Escalating number of young population and increasing demand from men are some of the additional factors which are anticipated to elevate the market in the forecast period. The men's face wash market is projected to reach a market size of more than INR 1300 crore by 2023, growing with a healthy CAGR in the forecast period of 2018-2023. Long working hours, stressed and busy life, desire to look good at workplace, influence of male celebrities are some of the factors which are expected to drive the men's face wash market in the future period.
Major companies operating in the face wash market of India are The Himalaya Drug Company, Patanjali Ayurved Limited, Hindustan Unilever Limited, L'Oreal India Private Limited, Johnson and Johnson Private Limited, Nivea India Private Limited, Zydus Wellness Limited, Emami Limited, Dabur India Limited, VLCC Personal Care Limited, Procter and Gamble Home Products Private Limited, Godrej Consumer Products Limited and ITC Limited.
Considered for the Report:
Base Year: FY 2016-17
Estimated Year: FY 2017-18
Forecast Year: FY 2022-23
Objective of the study:
* To present an Indian overview on face wash industry.
* To analyze and forecast the market size of Indian face wash market, in terms of value.
* To define, classify and forecast face wash market on the basis of segments like unisex face wash market and men's face wash market.
* To further classify and forecast unisex and men's face wash market on the basis of segments like urban and rural market.
* To strategically profile leading players, which are operating in the face wash industry of India.
Approach for the Report:
Bonafide Research performed primary as well as secondary research for this study. Initially, a list of manufacturers and suppliers operating in the face wash market of India were sourced through secondary sources. With the identified companies and consumers, primary research was carried out which included conducting online surveys, competitor analysis and exhaustive personal interviews - both face to face as well as telephonic basis, to extract maximum information from participants like industry executives/ distributors or consumers. Primary research gave us an idea of company revenues, export, pricing, geographical presence, channel partner model, USP etc. and also helped us to identify various small players who otherwise have less presence on the web.
Bonafide Research seeks secondary data from third-party sources such as published articles, company websites, magazine articles, associations, trade journals, annual reports, government official websites and other paid database sources. In addition, data is also mined from a host of reports in our repository, as well as a number of paid databases of Indian government. Using both primary and secondary information, Bonafide Research calculated the market size through a bottom-up approach, where manufacturers' value sales data for different types of face wash were recorded and subsequently forecasted for the future years.
Scope of the Report:
"India Face Wash Market Overview, 2018-2023'" discusses the following aspects of face wash market in India:
- India Face Wash Market Outlook
- India Face Wash Market Size By Value and Forecast
- India Face Wash Market Segmental Analysis: By Company, By Brand, By Demographics, By Category, By Functional Benefits, By Packaging Size
- India Unisex Face Wash Market Size By Value and Forecast
- India Unisex Face Wash Segmental Analysis: By Company, By Brand, By Demographics
- India Men's Face Wash Market Size By Value and Forecast
- India Men's Face Wash Market Segmental Analysis: By Company, By Brand, By Demographics
- Key vendors in this market space.
This report can be useful to Industry consultants, manufacturers, suppliers, associations and organizations related to face wash as well as skin care industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.
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Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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