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Men’s grooming in India increased by 22% in current value terms in 2012, to reach Rs37.9 billion. Major manufacturers within beauty and personal care launched male-specific products in 2012. Men’s grooming products can now be found under brands such as Garnier, Nivea, Fiama Di Wills and Olay.
Competitive Landscape Gillette India led men’s grooming with a value share of 28% in 2012. The company has a strong horizontally diversified portfolio of razors and blades, with brands such as Mach, Vector, 7’O clock and many more, enhancing its long term sustainability. Hindustan Unilever was second, accounting for a 15% share of value sales in 2012. Prospects Major manufacturers will increase their presence in men’s grooming over the forecast period. Hindustan Unilever is expected to launch more Axe products targeting men. A similar approach will be followed by other manufacturers, such as ITC, Dabur India, Emami and Marico, over the forecast period. Republished with permission from Euromonitor Market Research Blog , originally posted on September 2013 Follow Market Research World on Twitter or join in the conversation with our LinkedIn Group
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