India Incense Stick Market (2020 to 2025) - ResearchAndMarkets.com

DUBLIN--()--The "India Incense Stick Market Overview, 2020-2025" report has been added to ResearchAndMarkets.com's offering.

The report gives a complete understanding of the performance of agarbatti and dhoop products in the Indian Market. The agarbatti and dhoop industry heavily depends on forest products for raw materials. The various raw materials required for the production of agarbatti are Charcoal powder, sticky powder such as Jigat, Sal resin, Guggul, Nargis powder, raw bamboo sticks, water, various variety of oils, aromatic essence, flower essence, sandalwood oil, rose petals, natural and chemical aromatic ingredients, sawdust, various color powder, etc. A decent cardboard box or plastic pouches are required for packing. Agarbatti and dhoop in India are generally produced manually in India. A large number of rural women are employed in this industry. This report helps to provide complete details of the presence of agarbatti and dhoop products with its historical and forecasted value along with the top profiled companies.

Agarbatti and dhoop products can be considered as the section with unending demand in India which allows the products to be sold through each mode of trade. The market derived by the increase in the large penetration of agarbatti and dhoop products in various regions through the retail mode of trade. This segment generating above 60% of the total sum of the revenue generated by agarbatti and dhoop products. The variants generally found at this store were of pack size below 150 grams, while in case of fragrance they usually prefer to keep the trending fragrances according to their regions and consumer demands.

This mode of trade has derived the market with its positive which by all means will be reflecting in the coming years when the growth is expected to be around 6% CAGR. The Indian agarbatti and dhoop industry is the highly export-oriented industry, which provides a high profit. The Indian export of agarbatti and dhoop is increasing every year, which helps in balancing the trade deficit of India. While rising exports suggest more market opportunity, observing this many of the new players are entering into the agarbatti and dhoop business. While talking about the import recently to boost the manufacturing of agarbatti and dhoop and increasing job opportunities in this sector which went down due to a reduction in import duty have increased to 15.5%.

Key Topics Covered:

1. Executive Summary

2. Report Methodology

3. India Demographics Insight

4. India Agarbatti Market Outlook

4.1. Market Size

4.1.1. By Value

4.1.2. By Volume

4.2. Market Share

4.2.1. By Region

4.2.2. By Fragrance

4.2.3. By Demographics (Urban vs Rural)

4.2.4. By Packaging type

4.2.5. By Pack Size

4.3. Product, Price and Variant Analysis

5. India Dhoop Market Outlook

5.1. Market Size

5.1.1. By Value

5.1.2. By Volume

5.2. Market Share

5.2.1. By Demographics (Urban vs Rural)

5.2.2. By Region

5.3. Product, Price, Variant Analysis

6. India Agarbatti & Dhoop Market Sales Channel Analysis

7. Indian Economic Profile

8. Company Profile

8.1. N. Ranga Rao & Sons Private Limited

8.2. Moksh Agarbattis

8.3. ITC Limited

8.4. Mysore Deep Perfumery House (MDPH)

8.5. Shree Kalpana Perfumery Works Private Limited

9. Disclaimer

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900