With rise in income levels and shift in consumer preference, Indian Baby care market will surge at CAGR of around 11% During FY2010-FY2013, RNCOS identified.
Online PR News – 07-October-2010 – – According to our latest report “Indian Baby Care Market Analysis”, the Indian Baby Care market has substantially grown over the past few years and caught attention of many international players. With growing income level, increasing general awareness, and shift in consumer preference, the country nascent baby care market is fast transforming into the world’s fastest growing baby care market. Indian Baby Care market is further anticipated to surge at a CAGR of around 11% during the forecasted period FY2010-FY2013, on the back of several key factors discussed in the report.
The report identifies that baby skin care segment holds substantial share in baby care industry. Currently, the market is dominated by small number of multinational brands who generate majority of their revenue from urban areas. We anticipate that in coming years, rural areas will also emerge as the next growth destination for existing as well as new market players, which will eventually boost the baby care market growth. Additionally, growing preference of organic products for baby skin care holds the huge untapped market and growth potential for the players in the industry.
The research also covers different market segments such as, Baby Food, Massage oil, Skin, Diapers, Hair care. The report analyzes all the segments in detail and provides segment wise untapped potential along with recent industry developments, thus enabling deep market understanding. Apart from this, various key factors that are driving the industry in the country are also discussed.
“Indian Baby Care Market Analysis”, also covers deep analysis of emerging market trends in the baby care industry, which will further propel the growth of the industry in coming years. It will encourage the domestic and international players to transform their operations to sustain leadership and cater more market. Moreover, special emphasis has been laid on distribution network and rural population in the country, which covers huge untapped potential for the players in near future. Due consideration has been given to the competitive landscape segment, which covers recent activities and SWOT analysis of few big players in the industry, to enable clients understand market share and growth potential in near future.
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