Godrej Aer Pocket
Godrej Aer Pocket
Godrej Aer Pocket
GROUP B
1) MAYUR 14
CHHUGANI
2) SUNMEET 15
SINGH
CHOPRA
3) KASHISH 8
BANSWAN
I
4) JEEVAN 14
BHALERAO
INDEX
1) Introduction
2) Background/History
3) Digital strategy
4) Recommendation
5) E-commerce strategy
6) Competition in market
7) Bibliography
GODREJ AER POCKET
"We have realised that it cannot happen with e-commerce being part
of customer channel. It has to be a separate business in itself," he
added.
The market has grown historically at a CAGR of over 9%. This growth
has been highly supported by the mass market of the block air
freshener in the residential space, and commercially electric/automatic
diffusers which has liquid in it is growing. Retail segment of bathroom
air fresheners have the major residential consumer base who
purchases their air freshener from general retail stores or multi brand
retail store.
A few years ago, Consumers were using their room Aerosol inside the
bathrooms and bathroom air freshener was not a part of Indian
consumers routine purchase. However, in the recent past it became a
part of their routine purchase as purchasing power of the consumer
increased and consumers can easily find it in their nearby stores
without any hassle.
The sale through general trade has been increasing year on year as
stores in these categories are prevalent in vast size in the tier 2 and 3
cities. Commercially, it was used in Hotels, hospitals, corporate offices
but in last decade Mall culture has evolved in the country which has
allowed the segment to grow further as they want to give pleasant
smelly washrooms to employee/visitors/customers. This growth is due
to the continuous increase in the urbanization so as the purchasing of
premium products. In Commercial space they use Air diffusers, 1 touch
Air in addition to routine products like Blocks and Gels.
The air freshener products, synonym of air care products, fall into the
broad category of home care products in India. Due to increase
awareness regarding clean and fresh environment, the demand for air
freshener products like various fragranced air freshener spray, electric
air freshener, liquid air freshener, gel air freshener, block air freshener,
etc are rising, hence offering opportunities to the Indian air freshener
market. The rich consumers demand for the premium and value added
air freshener products in order to maintain air hygiene in their rooms
and car. As a result, they use various fragrance based air freshener
products such as lavender, jasmine, rose, sandalwood, and lemon to
keep their home and car odour free. Air freshener has turned into a
riveting market for new product developments and innovation where
producers are taking effort to convince consumers through aggressive
campaign and advertising. A natural/organic air care product is an
emerging trend in the industry. However, the penetration of air
freshener products is low in pan India and the rural penetration is
almost negligible; presenting a massive opportunity to players.
“India Air Freshener Market Overview”, air freshener market in India is
growing with a CAGR of more than 20% from the last five years and is
projected to grow with a significant growth rate over forecast period
due to rising standard of living in India, growing awareness regarding
clean environment, brand awareness, increasing disposable income,
growing demand in middle class people and availability of wide range
of products. The various formats such as sprays/aerosol air fresheners,
liquid air fresheners, gel air fresheners, electrical/plug-in air fresheners,
candle air fresheners, block air fresheners, etc are boosting the
categorised market of air freshener industry.
Report Methodology