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Faucets Industry in India

2014 - 2019

Market
Overview

Industry
Structure

Executive
Summary

TOC

Drivers &
Inhibitors

Industry Trends

Industry
Attractiveness

Competitive
Environment

Annexure &
Appendix

India Fact File


India - Snapshot
North
West

Jammu
and
Kashmir

South
East

Himachal
Pradesh
Punjab
Uttarakhand
Haryana
New Delhi
Jaipur

Arunachal
Pradesh

Ahmadabad
Surat
Maharashtra

Karnataka

Tamil
Kerala Nadu

Chennai

Meghalaya
Tripura

West
Bengal
Kolkata

Nagaland
Manipur

Mizoram

Odisha

Pune Telangana
Hyderabad
Bangalore
Andhra
Goa
Pradesh

Mumbai

Tier-I cities
Metro cities

Assam

Chhattisgarh

Nagpur

Population density

Number of States

1.4% p.a
3.29 mn sq km
324 persons per sq km
Democracy
29 states & seven union territories

Sikkim

Bihar
Patna
Jharkhand

Madhya
Pradesh

Gujarat

Land Area

Form of government

Lucknow
Uttar Pradesh

Rajasthan

Population growth

Forty-three cities in India have a population of


1mn+
Cities in India are classified on the basis of cost of
living:
Four metros including
Mumbai, Delhi, Chennai, Kolkata
Nine tier I (+5mn) cities including Pune,
Ahmedabad and Bangalore
Twenty-two tier II cities (1mn to 5mn) including
Patna, Kochi, Rajkot, Madurai, etc
Forty-one tier III cities (less than 1mn) including
Ranchi, Mangalore, Gwalior, Roorkee, etc.

Capital
Per capita income
Religion

New Delhi
Nominal: USD 1,124.4 p.a
Six main religions

Languages

Hindi (national language), English


(business language), 22 official
languages

Currency

Rupees

Exchange rate (USD


to INR)
Rural-urban mix

1 USD = INR 60.03


(as on 30th June 2014)
68% people reside in rural areas

Households

246mn

Literacy rate

74.04%

Copyright @ 2015 ValueNotes Database Pvt. Ltd. All rights reserved

Source: Government websites

Executive
Summary

TOC

Industry
Structure

Market
Overview

Drivers &
Inhibitors

Government
Initiatives

Industry
Trends

Industry
Attractiveness

Competitive
Environment

Annexure &
Appendix

Preface to the Report


Who is the Reader?

Any participant or stakeholder in the faucet industry, who would benefit from this report

Analysts, industry experts or any person with an interest in tracking the progress of the faucet industry

Purpose of the Report

The report gives insights on how the faucet industry is expected to grow till FY 2019. It provides intelligent insights on the
drivers and challenges for the industry and key segmentation by region, price, category, end users, etc.

Another important aspect of the report is the profiles of the top industry players in the faucet industry in India

Scope of the report

This report looks at the current scenario for faucet industry in India

Plastic faucets, sanitary ware, wellness products, tiles, bathroom and kitchen appliances do not come under the purview of
this report

Copyright @ 2015 ValueNotes Database Pvt. Ltd. All rights reserved

TOC

Executive
Summary

Market
Overview

Industry
Structure

Drivers &
Inhibitors

Industry Trends

Industry
Attractiveness

Competitive
Environment

Table of contents
1

Slide 9

Industry structure

Slide 10

1.1

Faucets industry structure

Slide 11

1.2

Evolution of faucets industry in India

Slide 12

1.3

Industry definition

Slide 13

1.4

Industry supply chain

Slide 14

Table of Contents

Executive summary

Industry overview

Slide 16

2.1

Market size & growth

Slide 17

2.2

Industry segmentation by product category

Slide 18

2.3

Industry segmentation by products

Slide 19

2.4

Industry segmentation by end-users

Slide 20

2.5

Industry segmentation tier I, tier II and tier III markets

Slide 21

2.5

Geographical analysis

Slide 22

2.6

Price analysis

Slide 23

Driver and inhibitors

Slide 24

3.1

Snapshot of drivers & inhibitors

Slide 25

3.2

Growth in real estate industry

Slide 26

3.2.1

Growth in residential sector

Slide 27

3.2.2

Growth in commercial sector and hospitality industry

Slide 28

3.3

Rise in disposable income and consumption

Slide 29

3.4

Rapidly growing urbanization trend

Slide 30

3.5

Governments initiative: Swachh Bharat Abhiyan

Slide 31

3.6

Land acquisition issues

Slide 32

3.7

Lack of penetration in small cities and rural India

Slide 33

Copyright @ 2015 ValueNotes Database Pvt. Ltd. All rights reserved

Annexure &
Appendix

TOC

Executive
Summary

Industry
Structure

Market
Overview

Drivers &
Inhibitors

Industry Trends

Industry
Attractiveness

Competitive
Environment

Table of contents
4

Industry trends

4.1
5

Recent trends witnessed

Slide 35

Industry analysis

Slide 36

5.1

Porters analysis of faucets industry in India

Slide 37

5.2

Industry attractiveness index

Slide 38

Table of Contents

Slide 34

Competitive environment

Slide 39

6.1

Faucets industry segmentation: Organized vs. unorganized

Slide 40

6.2

Market share of key players

Slide 41

6.3

Manufacturing landscape

Slide 42

6.4

Competitor benchmarking

Slide 43

Profiles of key players

Slide 44

7.1

Profile I Jaquar & Company Pvt. Ltd.

Slide 45

7.2

Profile II Grohe India Pvt. Ltd.

Slide 47

7.3

Profile III Ess Ess Bathroom Products Pvt. Ltd.

Slide 49

7.4

Profile IV HSIL Ltd.

Slide 51

7.5

Profile V Kohler India Corporation Pvt. Ltd.

Slide 53

Annexure & Appendix

Slide 55

8.1

Real estate industry in India

Slide 56

8.2

Increase in urbanization

Slide 57

8.3

Research Methodology

Slide 58

8.4

Abbreviations & Bibliography

Slide 59

Copyright @ 2015 ValueNotes Database Pvt. Ltd. All rights reserved

Annexure &
Appendix

TOC

Executive
Summary

Market
Overview

Industry
Structure

Drivers &
Inhibitors

Industry Trends

Industry
Attractiveness

Competitive
Environment

Table of Contents | List of Charts & Tables

List of Charts and Tables


Chart 1

Supply-chain in the Indian faucets industry

Slide 14

Chart 2

Market size and growth of the faucets industry in India FY 2011-19 (INR bn)

Slide 17

Chart 3

Faucets industry in India segmented by product category for FY 2014 (by value)

Slide 18

Chart 4

Faucets industry in India segmented by products for FY 2014 (by value)

Slide 19

Chart 5

Faucets industry in India segmented by end users in FY 2014 (by value)

Slide 20

Chart 6

Faucets industry in India segmented based on consumption by type of cities in FY 2014 (by value)

Slide 21

Chart 7

Faucets industry segmentation by region (by value)

Slide 22

Chart 8

Price analysis of players in the industry for single-lever basin faucets

Slide 23

Chart 9

Market size of real estate industry (USD bn)

Slide 26

Chart 10

Number of middle class households (in mn)

Slide 26

Chart 11

Residential housing demand estimations across top seven cities during 2010-2014 (000 units)

Slide 27

Chart 12

Commercial office space demand estimations across top seven cities during 2010-2014 (mn sq feet)

Slide 28

Chart 13

Indias hotel industry revenues (USD bn)

Slide 28

Chart 14

Rise in per capita income of India (INR)

Slide 29

Chart 15

Consumer breakdown by income level India (USD mn)

Slide 29

Chart 16

Indias population break-up (mn)

Slide 30

Chart 17

Porters analysis of faucets industry in India

Slide 37

Chart 18

Faucets industry segmentation by organized vs. unorganized in FY 2014 (by value)

Slide 40

Chart 19

Market share of key players in the organized sector by value

Slide 41

Chart 20

Faucets manufacturing locations of key players in pan India

Slide 42

Chart 21

Jaquars net profit during the year (INR mn)

Slide 46

Chart 22

Jaquars key manufacturing locations

Slide 46

Chart 23

Grohe Indias net profit during the year (INR mn)

Slide 48

Chart 24

Grohe Indias key manufacturing locations

Slide 48

Chart 25

Ess Ess net profit during the year (INR mn)

Slide 50

Copyright @ 2015 ValueNotes Database Pvt. Ltd. All rights reserved

Annexure &
Appendix

TOC

Executive
Summary

Industry
Structure

Market
Overview

Drivers &
Inhibitors

Industry Trends

Industry
Attractiveness

Competitive
Environment

Table of Contents | List of Charts & Tables

List of Charts and Tables


Chart 26

Ess Ess key manufacturing locations

Slide 50

Chart 27

HSILs net profit during the year (INR mn)

Slide 52

Chart 28

HSILs key manufacturing locations

Slide 52

Chart 29

Kohler Indias net profit during the year (INR mn)

Slide 54

Chart 30

Kohler Indias key manufacturing locations

Slide 54

Chart 31

Real estate construction projects in FY 2015 by state

Slide 56

Chart 32

Increase in urbanization over years

Slide 57

Table 1

Breakup of cities according to their population

Slide 21

Table 2

Faucets manufacturing locations of key players

Slide 42

Table 3

Competitive benchmarking of top players in India

Slide 43

Table 4

Financial indicators of Jaquar

Slide 46

Table 5

Financial indicators of Grohe India

Slide 48

Table 6

Financial indicators of Ess Ess

Slide 50

Table 7

Financial indicators of HSIL

Slide 52

Table 8

Financial indicators of Kohler India

Slide 54

Copyright @ 2015 ValueNotes Database Pvt. Ltd. All rights reserved

Annexure &
Appendix

Faucets Industry
ValueNotes India Market Intelligence Dashboard

Industry
Structure

Data Availability

Organised
Sector

Concentration

Macro
Data

Market share of top 5 firms in


organized sector = 93%

Source of Data

Output in organised Sector = 48%

Micro
Data

Completeness

Quality
Trade Interviews
Primary
Research

National Council of Applied Economic


Research (NCAER), IBEF, Euro
Monitor, World Bank, Company
Websites, Projects Today, News
Articles, National Association of Software
and Services Companies (NASSCOM), etc.

Government
Bodies

Copyright 2015 ValueNotes Database Pvt. Ltd. All rights reserved.

NA

Ministry of Statistics and


Programme Implementation
(MOSPI), Economic Survey of
India, Census, etc.

Recency
Macro Data: Market size, growth, market
shares of key players, customer
segments, key industry metrics
Micro Data: Segmental market size &
growth, financials of key players
Completeness: All data points is
available
Quality: Accuracy of data
Recency: Latest period data is available

www.valuenotes .biz

2015

Executive
Summary

TOC

Industry
Structure

Market
Overview

Drivers &
Inhibitors

Industry Trends

Industry
Attractiveness

Competitive
Environment

Annexure &
Appendix

The faucets industry in India is currently valued at INR 50bn in FY 2014 and has been growing at a CAGR 15% for
the last three years

Market Size And


Growth

The industry is expected to grow at a CAGR of ~16% in the next five years, mainly due to growing real estate
industry and rapid urbanization
ValueNotes estimates that the industry will be worth approximately INR 105bn by FY 2019
Drivers:

Drivers and
Challenges

Growing real estate industry including residential, commercial and hospitality sectors, increasing disposable
income, steady rise in urbanization and recently launched governments initiative- Swachh Bharat Abhiyan are
expected to be the main drivers

Executive Summary

Challenges:
Land acquisition issues and lack of penetration in small cities & rural India, continue to serve as the major
inhibitors to the industry

Industry
Segmentation

Bathroom faucets is the most dominant category contributing to ~80% of the total faucet sales
Residential sector is the biggest consumer of faucets, with xx% share in the overall faucets market
Tier I and tier II cities, together account for xx% of the total faucets sales (by value) in India

Key Players

Around 48% of the faucets industry is currently organized with Jaquar & Company, Grohe India, Ess Ess, HSIL, and
Kohler India being the market leaders. The market share of organized players is expected to grow in the next five
years due to growing brand awareness among the consumers, customers shifting to high end faucets, and
upgraded production capacities by the players

The faucets industry in India has been given an Industry Attractiveness Rating of 7.2 as per the
ValueNotes Industry Attractiveness Rating Evaluation System

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Picture Courtesy: Daifuku

Industry Structure

TOC

Executive
Summary

Industry
Structure

Market
Overview

Drivers &
Inhibitors

Industry Trends

Industry
Attractiveness

Competitive
Environment

Annexure &
Appendix

Faucets industry in India


Bathroom and Kitchen
Solutions

Chapter 1: Faucets Industry Structure

Sanitary Ware

Plumbing fixtures, made


of ceramic material or
enameled metal, often
found in
bathrooms/toilets.
Sanitary Ware product
segment majorly
includes Wash
Basins, Water
Closets, Cisterns, Urinals
and Kitchen Sinks.
11

Faucets

Wellness Products

A product that makes


customers relax and
live a healthy lifestyle.
A device/fitting used to
draw and control the
flow of liquid, especially
from a pipe, by opening
and closing an orifice.

Faucets can further be


segmented into:
- Bathroom faucets
- Kitchen faucets

Wellness product
segment includes bath
tubs (standard,
whirlpool, Jacuzzi), Bat
hroom cubicles (shower
rooms, steam cabin and
spa), shower
panels, etc.

Tiles

A thin, flat and


rectangular/square
shaped slab of hardwearing material such
as ceramic, stone,
metal or baked clay,
laid in rows to cover
walls, floors, and roofs.

Copyright @ 2015 ValueNotes Database Pvt. Ltd. All rights reserved

Bathroom & Kitchen


Appliances

A home appliance used


for heating water or
preparing food.
Bathroom appliances
include water heater
and kitchen appliances
include built- in
chimneys/hoods, hobs
& cook-tops,
ovens, dish washers
and cooking range.

Executive
Summary

TOC

Industry
Structure

Market
Overview

Drivers &
Inhibitors

Industry Trends

Competitive
Environment

Industry
Attractiveness

Annexure &
Appendix

Chapter 1: Evolution of faucets industry in India

Faucets have emerged as a style statement for consumers

Late 1980s

2000 2010

The faucet segment of plumbing utilities

Post 2000 witnessed the entrance of many big

has existed in India since ancient times


Over a period of time, it has evolved from
being a simple hand pump to a single lever

tap
During the late 1980s, the faucets industry
was in a nascent and highly unorganized
stage, with barely 15% being organized
Until 1990, there were as few as 20-30

Current situation (2011 onwards)


Several

domestic

and

multinational

overseas as well as domestic companies such

companies have set up faucet manufacturing

as Roca, Moen India, Kohler India, HSIL Ltd.

units in the country and are upgrading their

and Ess Ess Bathroom Products Pvt. Ltd.

production capacities and processes

Faucets evolved in India from being perceived

The companies are focusing on innovative

as a basic functional product to a fashion and

technologies to manufacture ergonomically

style statement

convenient designs

Because of the presence of foreign brands and

With

the

changing

their continuous innovations, the latter part of

lifestyle,

faucet companies selling their products in

the decade witnessed growing brand

preference to high-end faucets

the Indian market

awareness among consumers

consumers

have

trends
shifted

and
their

The industry is doing well in metros and tier I


cities, while penetration in small cities is still
low

12

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Executive
Summary

TOC

Industry
Structure

Market
Overview

Drivers &
Inhibitors

Industry Trends

Industry
Attractiveness

Competitive
Environment

Annexure &
Appendix

Definition of faucets as per the scope of this report


A faucet is a plumbing fitting that is used to draw and regulate the flow of liquid, especially from a pipe. It is used by opening and closing an orifice.
Faucets can also be termed as taps.

On the basis of application, faucets can further be categorized into:


Bathroom faucets: These are the faucets integrated with bathroom fixtures like wash basins, water closets and bath tubs. Bathroom faucets also

Chapter 1: Industry Definition

comprise shower and bath faucets


Kitchen faucet: It is a type of faucet allied to kitchen sink which is primarily used for washing utensils and raw food

This report covers:


Various types of bathroom and kitchen faucets made of
metals and alloys such as brass, aluminium, stainless
steel, copper, etc.

This report does not cover:


Plastic faucets, majorly used in small tier III cities and rural
areas
Sanitary ware, wellness products, tiles, bathroom and
kitchen appliances

13

Copyright @ 2015 ValueNotes Database Pvt. Ltd. All rights reserved

Executive
Summary

TOC

Industry
Structure

Market
Overview

Drivers &
Inhibitors

Industry Trends

Industry
Attractiveness

Competitive
Environment

Supply channel for faucets


The chart below depicts the typical supply chain of the faucets industry in India. The participants and their roles are described in the diagram below:
Chart 1: Supply-chain in the Indian faucets industry

Intermediaries

Suppliers

Chapter 1: Industry Supply Chain

Institutional Sales
Distributors
(Acting as Carry
& Forward
Agents)

Manufacturers

Imports

Area Dealers

Exports

Local Retailers

Channel followed by unorganized players only

14

Copyright @ 2015 ValueNotes Database Pvt. Ltd. All rights reserved

Consumption Zone

Annexure &
Appendix

TOC

Executive
Summary

Industry
Structure

Market
Overview

Drivers &
Inhibitors

Industry Trends

Industry
Attractiveness

Competitive
Environment

To avoid channel conflicts, organized players follow fixed format to supply faucets to the customers
Retail Channel
xxx
xxx
xxx

Chapter 1: Industry Supply Chain

xxx

Institutional Sales
xxx
xxx

15

Copyright @ 2015 ValueNotes Database Pvt. Ltd. All rights reserved

Annexure &
Appendix

Industry Overview

Market
Overview

Industry
Structure

Executive
Summary

TOC

Drivers &
Inhibitors

Industry Trends

Competitive
Environment

Industry
Industry
Attractiveness
Attractiveness

Annexure &
Appendix

Faucets industry is expected to grow at ~16% CAGR till FY 2019


Chart 2: Market size and growth of the faucets industry in India FY 2011-19 (INR bn)
CAGR xx%
CAGR xx%

xx
xx

CAGR xx%

Chapter 2: Market Size & Growth

xx
xx
xx

xx

FY 2011

xx

xx

FY 2012

FY 2013

xx

xx

xx
xx

xx

xx
xx

xx
CAGR xx%

xx

xx

xx

FY 2014
Optimistic

FY 2015

FY 2016

Pessimistic

FY 2017

FY 2018

FY 2019

Most Likely

Source: Trade interviews, ValueNotes analysis

Current market

xxx

Estimated growth

Usage of Three point analysis to arrive at realistic growth figures:


- Optimistic: Maximum growth that can be anticipated, provided all
the factors* contributing to growth occur as expected
- Pessimistic: Least growth, provided growth factors are either
delayed or not implemented in the given time frame
- Most Likely: This is the optimized growth which has high probability
of taking place
The estimated growth of faucets industry is based on various factors*
including:
- xxx
- xxx
- xxx
- xxx
- xxx
- xxx

xxx

17

Copyright @ 2015 ValueNotes Database Pvt. Ltd. All rights reserved

TOC

Executive
Summary

Industry
Structure

Market
Overview

Drivers &
Inhibitors

Industry Trends

Industry
Attractiveness

Competitive
Environment

Annexure &
Appendix

Bathroom faucets segment is expected to grow faster than kitchen faucets segment till FY 2019
Bathroom Faucets

Chart 3: Faucets industry in India segmented by product category for FY 2014


(by value)

Chapter 2: Industry Segmentation by Product Category

xxx
xxx
xxx

Kitchen
Faucets, 20%

Bathroom
Faucets, 80%

Kitchen Faucets
xxx
xxx

Source: Trade interviews, ValueNotes research

"Earlier bathroom was outside the home, then it became a


part of the home and now the bathroom has become a
happening place.
- Rajesh Mehra | Director & Promoter, Jaquar in an
interview with The Economic Times

18

Copyright @ 2015 ValueNotes Database Pvt. Ltd. All rights reserved

TOC

Executive
Summary

Industry
Structure

Market
Overview

Drivers &
Inhibitors

Industry Trends

Industry
Attractiveness

Competitive
Environment

Annexure &
Appendix

Bathing area faucets will continue to be the largest contributor to the faucets market for the next five years
Chart 4: Faucets industry in India segmented by products for FY 2014 (by value)

xxx
xxx

Basin Faucets,
xx%

Chapter 2: Industry Segmentation by Products

xxx

WC Faucets,
xx%

Bathing Area
Faucets,
xx%

Kitchen
Faucets,
xx%

* Bathing area faucets include bath faucets, shower faucets and


shower programme (hand-showers, shower-heads, shower jets)
* WC = Water Closets
Bathrooms are increasingly getting digitalized where
people are keen on having more gadgets in their bath
area.
- Renu Misra | Managing Director, Grohe India in an
interview with The Times of India

19

Copyright @ 2015 ValueNotes Database Pvt. Ltd. All rights reserved

Source: Trade interviews, ValueNotes research

Annexure & Appendix

Market
Overview

Industry
Structure

Executive
Summary

TOC

Drivers &
Inhibitors

Industry
Analysis

Industry
Trends

Competitive
Environment

Profiles of
key players

Annexure &
Appendix

In FY 2015, xxx real estate construction projects are under different stages of implementation in India
Chart 31: Real estate construction projects in FY 2015 by state

Chapter 8: Real Estate Industry in India

xx

xx

xx

xx
xx

xx

xx

xx

xx

xx
xx

xx

xx

xx

xx
xx

xx

xx

xx

xx

xx

* Real estate includes housing sector, commercial sector and hotels & restaurants

Indian construction market is the fourth largest sector in the country in terms of FDI inflows

Currently, over xx real estate construction projects , including xx hotels and restaurants , are under different stages of implementation in India.
Different implementation stages comprise nascent, planning, under execution and partially completed

Maharashtra has the highest number of real estate projects including xx new hotels & restaurants in the state

The Real Estate (Regulation and Development) Bill, 2013, approved by the Union Cabinet is an initiative aimed at delivering an uniform
regulatory environment to protect the consumer, help in quick verdicts of disputes and ensure systematic growth of the sector

Source: Projects Today, ValueNotes analysis

21

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Industry
Structure

Executive
Summary

TOC

Market
Overview

Drivers &
Inhibitors

Industry
Trends

Industry
Analysis

Competitive
Environment

Profiles of
key players

Annexure &
Appendix

India is witnessing rapid growth in urbanization


Chart 32: Increase in urbanization over years

Census 1951

Census 1901

11%

Census 2011

17%

Chapter 8: Increase in Urbanization

31%

69%

83%

89%

Urban

Rural

Urban

Rural

Urban

Rural

The extent of urbanization in India is much lower than other developing countries; but it will be amongst the fastest growing urban populations
globally between 2013 and 2020 in absolute terms

Urbanization in the country has increased from 27.81% in 2001 census to 31.16% in 2011 census

Two of India's metropolitan cities feature in the world's largest urban population by city. Mumbai is the most populated city in India and had
the fourth largest urban population by city in 2012 at 12.5mn people, while Delhi had the eighth largest urban population by city at 11.1mn
people

By 2030, India's urban population is estimated to reach 631mn, an increase of 2.6% per year over the 2013-2030 period compared to the 1.1%
annual rise expected in the total population. The urban population will account for 41.8% of the total population by 2030

Source: Census data, Euro Monitor, ValueNotes analysis

22

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Executive
Summary

TOC

Industry
Structure

Market
Overview

Drivers &
Inhibitors

Government
Initiatives

Industry
Trends

Industry
Attractiveness

Competitive
Environment

Annexure &
Appendix

About ValueNotes

Appendix | Research Methodology

ValueNotes is a full-service market and business research firm. Since 2000, we have helped customers, in India and around the globe, make
better business decisions by providing actionable intelligence. Our customized research solutions, by way of projects and continuing
engagements, have helped serve specific business needs - market entry strategy, choice of location, partner selection, competitive
intelligence, investment appraisal, due diligence, and customer need analysis.
Over the years, ValueNotes has developed considerable domain knowledge in a variety of sectors and industries. More important, we understand
how to develop and deploy appropriate research methodologies best suited for diverse markets. We've developed proprietary research methods
to deal with unorganized, information-scarce markets; and analytical techniques to triangulate, validate and correlate incomplete or unrelated
information
Research Methodology Applied

Government
Websites &
Publications

ValueNotes carries out industry studies designed around optimal use of


secondary (desk) research techniques to gain maximum intelligence with
specific insights and information. The steps carried out for Bottled Water
Industry in India are as follows:
Secondary research: Intensive secondary research sources
include, but are not limited to,
Print and online business publications
Analyst reports
Press releases
Trade publications
Primary research: Interviews with key industry players, industry
analysts and experts
Industry intelligence and market analysis: Triangulation method
is adopted to validate data points from the supply side, demand
side, industry reports and trade publications

23

Trade
interviews

Industry
Intelligence

ValueNotes
Approach
Industry
Associations
Publications
& News
Releases

Industry
Reports/
Trade
Publications

Copyright @ 2015 ValueNotes Database Pvt. Ltd. All rights reserved

Press
Releases &
Publications
by Industry
Players

Executive
Summary

TOC

Industry
Structure

Market
Overview

Appendix | Abbreviations & Bibliography

Abbreviations

Drivers &
Inhibitors

Government
Initiatives

Industry
Trends

Industry
Attractiveness

Competitive
Environment

Annexure &
Appendix

Bibliography

USD

US Dollar

ValueNotes conducted secondary research to obtain information on faucets industry in

INR

Indian Rupee

India and referred to following sources:

bn

billion

MOSPI

mn

million

Economic Survey of India

cr

crore

NCAER

FY

Financial Year

IBEF

CAGR

Compounded Annual Growth Rate

McKinsey Global Institute

sq

square

World Bank

p.a

per annum

Euro Monitor

MOSPI

Ministry of Statistics and Programme Implementation

NASSCOM

NCAER

National Council of Applied Economic Research

Census

IBEF

Indian Brand Equity Foundation

Projectstoday.com

NASSCOM

National Association of Software and Services Companies

Annual reports

NHB

National Housing Bank

Key players websites

HFCs

Housing Finance Companies

Business Today

WC

Water Closets

The Free Press Journal

FDI

Foreign Direct Investment

The Economic Times

MNCs

Multinational Corporations

The Times of India

IT

Information Technology

The Hindu Business Line

WELS

Water Efficiency Labelling and Standards

Online selling portals such as Snapdeal

WEP-I

Water Efficient Products- India

Cushman & Wakefield Research

24

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About the author:
As a research analyst at ValueNotes, Mohita Gupta has worked on multiple opportunity
Other Industry Reports by ValueNotes:
assessment, market sizing and competitive intelligence projects in different verticals such
as consumer durables, mining, power, cement and FMCG. Her projects also include due
1. Home water purifier industry in India
diligence and industry tracking. She has completed her MBA (Finance) from Sadhana
Centre for Management & Leadership Development (SCMLD), Pune and Bachelor's of
2. Heat and eat industry in India
Business Administration (BBA) from Banasthali University, Rajasthan.

3. Chocolate industry in India

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