Indian Baby Care Market to Grow Through 2015
Apr 26, 2013 | Contact Author | By: Katie Anderson, Cosmetics & Toiletries
baby | India | health | nourishment
Abstract: A report conducted by RNCOS has found growth in the Indian baby care market, which it expects to grow further into 2015. Driving factors include increasing spending power and increasing awareness about baby health and nourishment.
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A report conducted by RNCOS expects the Indian baby care market to grow into 2015. Estimated to be US $11.91 billion in 2012, it is forecasted to increase by nearly 17% between 2011-2015. Driving factors include both increasing spending power and awareness about baby health and nourishment.
Shushmul Maheshwari, chief executive of RNCOS stated in the report, "As per our analysis, a high birth rate in India, the rapidly growing Indian economy and the resultant increase in disposable income, along with the changing socio-economic status of women, are the key factors driving growth in the Indian baby care market."
This content is adapted from an article in GCI Magazine. The original version can be found here.
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