2. Case tells us about Indian cosmetics and
toiletries industry profile.
India has had a long history of using
henna, perfumes, kohl and flower
fragrances.
3. Indians have traditionally been used to
using natural ingredients to make cosmetics
and toiletries.
The modern cosmetics and toiletries
industry emerged in the 19th century.
Cosmetics and toiletries consist of beauty
and personal care products.
4. India had about US$10.36 billion market size in
2014 and is expected to grow to $13.48 billion by
2018.
Indian market is small and is nearly equal to
Russian markets which is declining.
The US is the largest consumer of these
products.
France is the largest exporter.
5. The small market size at present indicates
that the scope for future prospects is
encouraging.
China with its huge population has nearly
4.7 times more consumption per person as
compared to India.
Imports of cosmetics and toiletries have
been growing in recent years at a healthy
pace.
6. Indian industry can be broadly divided into
organized and unorganized sectors.
Organized; multinational firms, large Indian
firms, small and medium-sized indian
firmse.
7. One of the fastest growing retail segments
in India.
There is increased demand for more
imported cosmetic products.
The market segmentation of these products
is based on several different types such
product category, pricing and customer
type.
8. Companies associate with foreign brands
to make the customers perceive their
products as better quality.
• Companies go for product differentiation.
9. Companies tend to position their products
correctly.
several companies have adopted the mode
of offering smaller packs.
Companies concentrate on fewer products
E.g Gillette .
10. Formation of clusters by small and medium
scale manufacturers.
Companies remain secretive about their
activities.
11. Customization for ethnic groups.
Utilization of information systems to
enhance market share.
Effective use of technology and innovation.
13. Potential size and growth of sales in indian
markets has encouraged more domestic
companies to invest in growth.
Large number of foreign companies have
entered the market.
.
14. Companies from developed economies face
stagnation in their own markets.
It is an open market and imports are
allowed freely into India.
Foreign companies are learning fast and
responding with competitive moves
15. Environmental and health issues.
Rising intensity competitions.
Frequent launches of international brands in
the Indian markets.
16. High import duties and packaging costs.
Price conscious consumers.
Adaptation on channel distributions and
other marketing variables.
17. Challenges in gender-based segment.
Technology and regulations.
Fake and imitation products.
increased appetite for western products.
18. • Products should manufacture by using
Natural aspects and reduce use of chemicals.
Company should use recycle materials for
Packing of products & should arrange convenient
disposal techniques.
• Guaranty should be given to customer and after
sale feedback.
19. Company should concentrate on particular
product rather then competing in many
products.
Company should focus on specific gender.
Company should expend there products
rather then launching products.