India Fabric Care Market Report 2017 - Expected to Grow at a CAGR of More than 9% - Research and Markets
DUBLIN, Apr. 21, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "India Fabric Care Market Overview" report to their offering.
According to India Fabric Care Market Overview, the overall market for fabric care is growing with more than 9% CAGR from last five years. The market is further expected to grow with double digits in the next five years. Fabric care is broadly divided into two segments namely fabric whiteners and fabric conditioners. Fabric whiteners dominate market revenues whereas fabric conditioners have less contribution to the overall fabric care industry.
Fabric whiteners have become more popular in rural areas and are registering more growth as compared to urban as urban consumers are now upgrading to premium detergents which do not require any additional whitener. Hence, rural market will be the next focus of fabric whitening manufacturers in the forecast period.
Fabric conditioners are already growing in double digits from last five years and the market is further anticipated to register robust CAGR in the forecast period. Urban markets are the chief target for fabric conditioner manufacturers in India, however rural market is also expected to outperform. The category will see fast adoption in its preliminary stage of rural market. Detergent manufacturers, who are planning to diversify, are also focusing more on this category rather than fabric whiteners.
India and China, in particular, are anticipated to register impressive growth in the coming years, supported by the expanding urban population and growing per capita spending on household supplies and products. The one compliment which every Indian housewife craves is earning the respect and appreciation of the family by providing a solution that helps them enhance the life of delicate clothes. Due to such societal custom, fabric whiteners are already popular among consumers.
Companies Mentioned
- Hindustan Unilever Limited
- Jyothy Laboratories Limited
- Godrej Consumer Products Ltd.
- Reckitt Benckiser (India) Ltd.
- Marico Limited
Key Topics Covered:
1. Executive Summary
2. Global Fabric Care Market Outlook
3. India Fabric Care Market Outlook
4. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/cslh5d/india_fabric_care
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