baby care market in india 2015-2020
TRANSCRIPT
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Baby Care Market in
India 2015-2020
Category : Consumer & Retail
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Introduction to Report
Launch Date: November 2, 2015
Number of Pages: 241
Geography Coverage: India
Available Format: PDF
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About the Report
Baby Care Market in India is highly fragmented and unorganised in the apparel, toys and accessories segment. But due to the ethical nature of the segments like food, skin and hair care these segments are dominated by organised players.
Baby Care Market in India is Expected to Grow at a CAGR rate of 13.66% till 2020.
The low penetration of the baby care sectors and less number of organised players in the baby retailing segment which contributes nearly 93% of the sector’s revenue it can be said that the sector is in a very nascent stage and it is likely to enter growth stage with the change in consumer habits of the Indian population.
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Key Highlights: Indian baby care market is poised to grow at the rate of
13.66% CAGR over the coming years.
Many of the leading players in this sector have made an ambitious projection of the sector growing faster than the 15% on the account of increased spending per child in India which is expected to increase from INR 6917 to INR 14079 at the rate of 12.57% CAGR even though the number of babies in the age group of 0-5 years is going to increase from 127 million to 135 million by 2020.
This growth rate is also backed by the boom in the e commerce sector which is going to be a major shopping platform for the parents who do bulk shopping of baby care products and for those parents who are very busy with their work and consider baby care products to be a burden on their strict schedule.
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Key Highlights Continues… Many international players are entering the lucrative
Indian baby care market but the companies are either entering through a JV or they are outsourcing their manufacturing to the local manufacturers to reduce the cost of manufacturing.
The entry of foreign players will result in transfer of technology regarding the design of toys, apparel and accessories to the Indian companies.
However there are many key pain areas for the sector like scarcity of the raw materials for the companies in the baby toiletries market and baby food market.
The baby toy market is facing the problem of lack of design institute which can provide them with innovative designs to compete with the international players.
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Key Highlights Continues…
The Indian baby gear and apparel segment is also facing a threat from the flooding of the Chinese products in the Indian market. The government has no support system for the baby care industry.
The earlier food parks which were run by state and central government are now defunct and government is trying to create an environment for the food industry which is going to affect the baby food market.
The unorganised players are facing a problem of entering the market due to problem of procuring the license to manufacture and getting clearances from the standard associations In spite of these difficulties and problems the sector is facing the sector looks stable and promising with a very high growth prospect in the near future with the change in habits of the consumer base.
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Report Coverage:
1. Executive Summary2. Need for Baby Care Market in India3. Baby Care Market in India – Overview4. Market Segments & Forecasts for Baby Care Industry
in India5. Growth Drivers and Inhibitors for Baby Care Market
in India6. Policies related to Baby Care Market in India7. Risks associated with Baby Care Market in India8. Profile of Key Players in Indian Baby Care Market9. Competitive Landscape of Indian Baby Care Market
(Segment Wise)10. Industry Association Related to Baby Care Market in
India
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Report Coverage Continues….9. EXIM Scenario in Indian Baby Care Market
10. Government Bodies Related to Baby Care Market in India
11. Analysis Models
12. Challenges faced by new Players in Indian Baby Care Market
13. Current and Future Trends in Indian Baby Care Market
14. Case Studies
15. Strategic Recommendations
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Company Coverage
1. Firstcry2. Himalaya Drug Company3. Rama Vision Limited4. Amul5. Nestle India Limited6. Johnson and Johnson7. Kimberley Clark8. Procter & Gamble9. Dabur India10. Small Wonder Industries11. Funskool12. Man Singh & Sons Private Limited13. Baby Shop Lifestyle14. Babyoye15. Mom & Me
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