#” class=”icrowd_post_img”> India Incense Stick

iCrowdNewswire   Jan 25, 2021  11:20 AM ET


Burning agarbatti and dhoop at residence or at any religious place have been a traditional practice in India which have shown strong adaption and a competitive market. This practice have been carried out with a thinking to create environment for doing worship cleanse subtler energies, attract positive energies and repel negative ones. In India no Puja is performed without agarbatti. Burning agarbatti is common in most of the Indian festivals. These practices are not just prevalent in India but throughout the world the smoke of these products are looked forward as a worshiping practice as well as medicinal practice.

India is the largest Incense Stick market in terms of consumption as well as production market. According to the report “India Agarbatti & Dhoop Market, Outlook, 2025” published by Bonafide Research the market have been growing leaps and bounds with various range of products of agarbatti and dhoop. The market has been widely derived by the largest presence of agarbatti products which have grown with over 10% CAGR in last couple of years. However, the adaption towards the dhoop products by the consumer has surged in last couple of years with the products heaving wide range of fragrance and long lasting capability. It is expected that the market of dhoop products will grow at a CAGR of above 8% In coming years. The Indian agarbatti and dhoop market provides large number of variants in term of pack size, shape, fragrance, length, etc. which provide more option to a customer and the customer can have their pack of agarbatti and dhoop according to their requirement and preferences.

To avail the sample report for free: https://www.bonafideresearch.com/samplereport/200410541

Challenges in the Incense Stick market

 India being the largest producer of agarbatti and dhoop, a large amount of raw material is imported due to high prices of Indian raw materials. Agarbattis sticks are made from bamboo, a key input which is imported from China or Vietnam. This is because of the stringent Indian forest regulations creating a deficit of the raw material in the country, forcing manufacturers to turn to imports. However, this was due to the free trade agreement which have now been revised to restricted trade where the importers have to acquire license from the government for import purpose. Now there are chances of positive growth in the market.

We provide 10% free customization with this report, we have considered the covid-19 effect for the year 2020 and in the forecast period.

Major Companies Present in the market

The key players of the India Incense Stick Market are B. V. Aswathiah & Bros, Hari Darshan Sevashram Private Limited, Hem Corporation Private Limited, ITC Limited, Moksh Agarbattis Company, Mysore Deep Perfumery House, N. Ranga Rao & Sons Private Limited, Patanjali Ayurved Limited, Shree Kalpana Perfumery Works Private Limited.

Considered in this report

  • Geography: India & Global
  • Base Year: FY 2018-2019
  • Estimated Year: FY 2019-2020
  • Forecast Year: FY 2024-2025

To see our methodology visit here.

The following aspects are covered in the report “India Incense Stick Market Outlook, 2025

  • India agarbatti and dhoop market with its value & volume and forecast along with its segments
  • Product price and variant analysis
  • Various divers and challenges
  • Ongoing trends and developments
  • Five force models
  • Top profiled companies
  • Strategic recommendation

To Access Complete Report: https://www.bonafideresearch.com/product/200410541

Table of contents

  • 1. Executive Summary
  • 2. Report Methodology
  • 3. India Demographics Insight
  • 4. India Agarbatti & Dhoop Market Outlook(Market Size, Market Share)
  • 5. India Dhoop Market Outlook(Market Size, Market Share)
  • 6. India Agarbatti Market Outlook(Market Size, Market Share)
  • 7. India Agarbatti & Dhoop Market Sales Channel Analysis
  • 8. Indian Economic Profile
  • 9. Raw Material
  • 10. PEST Analysis
  • 11. Trade Dynamics
  • 12. Market Dynamics
  • 13. Market Trends and Development
  • 14. Competitive Landscape
  • 15. Strategic Recommendations
  • 16. Disclaimer

Contact Information:

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Sales & Marketing Manager
E-mail: sales@bonafideresearch.com
Telephone: +1 (833) 670 1234 (US Toll free)
Website: https://www.bonafideresearch.com/

About us: Bonafide Research is one of the fastest growing market research and consulting company. We are expert in syndicated research reports & custom research solutions across the domains. We have been closely working with fortune 500 clients by helping them in tracking the constantly changing market scenario. Bonafide has continuously made efforts to evolve and enhance the report quality with each passing day. In house, we have published 3500+ high quality research reports with major focus on Indian market. Our client base consists of BCG, Ernst & Young, PwC, McKinsey & Company, Inflexion, Nestle, Unilever, Crompton Greaves, SRF, CPF, Aramax, Stainhoff, Welspun, Blaupunkt, Brookfield, Lindt, Storck, GCPL, ITC, Microtek, Anchor, Hero Eco, LG Chem, Sojitz Corp., Sumitomo, FMC Corp., Lutron and many more.


Keywords:    India, Agarbatti, Dhoop, Urban, Rural, Retail, Specialize, Departmental, Cycle, Heritage, Lia, Good fortunes, Speciality, Vasu, Rhythm, Moksh, Kalpana, Hari Darshan, Astha, Madhuram, Bonafideresearch