Deodorants Industry in India
When the sun shines high and bright, and the perspiration comes pouring down it brings along with it some not pleasant smells. But not if you use deodorants.
Still a nascent product category, deodorants have been in the organized market since 1996, when Hindustan Lever Ltd (HLL) introduced Rexona into the domestic market. The present Indian deodorants market is estimated to be of Rs. 75 crores and it is growing at the rate of 40-42 per cent per annum in volume and value. Of the Rs 75-crore market, HLL claims a 69-70 per cent market share, and of this, the Rexona brand accounts for 39 per cent. HLL launched Axe in India in the deodorant form in late 1999, and it has been stupendously successful. In just 4 years from the launch, Axe is now firmly number 2 in the Deodorants market, just marginally behind market leader Rexona.
We try to gain insights into the positioning strategy of the Axe brand and the present deodorant market environment. Axe is promoted extensively through its various advertising campaigns; this may provides us with the information on the positioning image that the HLL is trying to establish in the minds of the consumers.
Overview
Discover the latest market trends and uncover sources of future market growth for the Deodorants industry in India with research from Euromonitors team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If youre in the Deodorants industry in India, our research will save you time and money while empowering you to make informed, profitable decisions.
The Deodorants in India market research report includes:
Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country
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