The document summarizes key demographical, economical, socio-cultural, natural, technological, and political-legal factors affecting the oral care industry in India. Rising incomes and purchasing power are driving demand for premium products. Changing lifestyles and awareness are also increasing interest in products targeting oral health issues. While herbal and ayurvedic toothpastes are growing in popularity, Pepsodent has yet to enter this segment, putting it at a competitive disadvantage compared to brands like Colgate that offer more natural options.
The document summarizes key demographical, economical, socio-cultural, natural, technological, and political-legal factors affecting the oral care industry in India. Rising incomes and purchasing power are driving demand for premium products. Changing lifestyles and awareness are also increasing interest in products targeting oral health issues. While herbal and ayurvedic toothpastes are growing in popularity, Pepsodent has yet to enter this segment, putting it at a competitive disadvantage compared to brands like Colgate that offer more natural options.
The document summarizes key demographical, economical, socio-cultural, natural, technological, and political-legal factors affecting the oral care industry in India. Rising incomes and purchasing power are driving demand for premium products. Changing lifestyles and awareness are also increasing interest in products targeting oral health issues. While herbal and ayurvedic toothpastes are growing in popularity, Pepsodent has yet to enter this segment, putting it at a competitive disadvantage compared to brands like Colgate that offer more natural options.
The working age In India, incomes have Change in lifestyle,
population is growing in risen at a fast pace and will improvement in the India which rise the per continue rising given the standard of living and capita income and GDP. country’s strong economic awareness of oral hygiene is growth prospects. driving people towards This increases the purchasing power of GDP per capita of India is products that target people and so, growth in expected to increase from different oral problems, the sector can be 1,481.56 US$ in 2012 to such as weak gums and expected. 3,273.85 US$ in 2023 teeth, surface stains, and (FMCG-Report-July-2018, teeth and bad breath. Rural people are moving 2018) from tooth powders to But, pepsodent hasn’t yet tooth pastes, but the The consequence of rising entered into that range and penetration is still low incomes is growing colgate is leading in that which provides an appetite for premium area. opportunity for big products like mouth players. washes.
NATURAL TECHNOLOGICAL POLITICAL-LEGAL
Tooth pastes made of Technology has made the The deduction of Rs
natural ingredients / availability of the products 40000/- for transport ayurvedic ingredients are more easier and allowances and growing interests among accessibility more reimbursement of medical the consumers in India. convenient. expenses will increase the disposable income of Companies such as It is expected that the count people. (FMCG-Report- Colgate-Palmolive and of online users cross 850 July-2018, 2018) Dabur India have launched million by 2025. (FMCG- their ayurvedic variants Report-July-2018, 2018) The price of goods in like Colgate Cibaca FMCG are decreased after It is estimated that by 2020, Vedshakti and Dabur Red GST. 40% of FMCG purchases will Paste. Patanjali is rapidly be by online. So, there’s a With the GST, it is emerging in this space. scope for HUL to increase expected that logistics in So pepsodent not having their accessibility through FMCG are transformed any herbal variant makes it online. (FMCG-Report-July- into an efficient model as challenging to sustain 2018, 2018) they are going for larger competition. warehousing and logistics