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Exploring India Men’s Grooming Market Opportunity, Latest Trends, Demand, and Development By 2030

India Men's Grooming Market

The latest report by MarkNtel Advisors, titled “India Men’s Grooming Market Report By Category (Shaving [Shaving Foam, Cream & Gel, After Shave Lotion, Razor Blade, Electric Product], Skin Care [Face Care, Body Care], Hair Care [Shampoo, Conditioner, Oil, Others], Fragrance [Deodorants, Perfume]), By Price Category (Premium, General), By Sales Channel (Offline, Online), other and Region 2024-2030”, offers a comprehensive analysis of the industry, which comprises insights on the India Men’s Grooming Market research report.

What is the market outlook for India Men’s Grooming?

The Global India Men’s Grooming Market size was valued at USD XX and is projected to grow at a CAGR of around 12.1% during the forecast period 2024-30.

For an in-depth analysis, you can request a sample copy of the report: https://www.marknteladvisors.com/query/request-sample/india-men-grooming-market.html

Major Companies Operating in the India Men’s Grooming Industry:

Colgate Palmolive India Ltd., Hindustan Unilever, Ltd., Vini Cosmetics, Pvt. Ltd., Malhotra Shaving Products, Pvt. Ltd., Marico, Ltd., Estée Lauder Inc, Reckitt Benckiser (India) Ltd, Beiersdorf India Pvt. Limited, McNroe India, Pvt. Ltd, Emami Ltd., VLCC Health Care Limited, Godrej Consumer Products Ltd, L’Oréal India Pvt. Ltd, Procter & Gamble Hygiene & Health Care Ltd, VI John Group, Others

India Men’s Grooming Market Report Segmentation:

By Category

-Shaving

–Shaving Foam, Cream & Gel

–After Shave Lotion

–Razor Blade

—Disposable Blades

—Blade Systems

–Electric Product (Trimmer)

-Skin Care

–Face Care

–Body Care

-Hair Care

–Shampoo

–Conditioner

–Oil

–Others (Gel, Spray & Serum, etc.)

-Fragrance

–Deodorants

–Perfume (EDT, Cologne)

  • The Skin Care segment is anticipated to hold a major share of the India Men’s Grooming Market during the forecast period

By Price Category

-Shaving

–Premium

–General

-Skin Care

–Premium

–General

-Hair Care

–Premium

–General

-Fragrance

–Premium

–General

By Sales Channel

-Offline

–Specialty Stores

–Supermarkets/Hypermarkets

–General Stores

-Online

Learn More About the Market Report –  https://www.marknteladvisors.com/research-library/india-men-grooming-market.html

Regional Insights:

By Region

-North

-East

-West

-South

India Men’s Grooming Market Driver: Rising Disposable Incomes to Surge the Spending on Personal Grooming Products

India has been witnessing a steady increase in disposable incomes across various demographics, driven by economic development, urbanization, and a burgeoning middle-class population in the country. Additionally, government initiatives aimed at financial inclusion, such as the Pradhan Mantri Jan Dhan Yojana, have further bolstered disposable incomes by expanding access to banking services. Additionally, the proliferation of digital payment platforms & e-commerce has facilitated greater consumer spending. For instance:

In 2023, the National Statistical Office of India stated an almost 100% increase in the country’s per capita net national income (at current prices) at approximately USD 2,083 for the financial year of 2022-23 compared to 2014-15.

As per PRICE survey of 2023, the Indian middle class population is expected to increase its share in the total national population from around 31% in 2023 to nearly 38% in 2031 and about 60% in 2047.

With greater financial resources at their disposal, men are increasingly inclined to invest in grooming products to enhance their appearance and self-confidence. The ability of individuals to spend more on personal care and grooming products without significantly impacting their overall budget has created a demand for grooming products. This increased affordability encouraged consumers to explore and purchase a wider range of grooming products augmenting market growth.

Ask Analyst for Customization: https://www.marknteladvisors.com/query/request-customization/india-men-grooming-market.html

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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