The latest research study “India Incense Sticks Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” by IMARC Group, finds that. The India incense sticks (agarbatti & dhoop) market is expected to exhibit a CAGR of 8.8% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists, and all those who are planning to foray into the market in any form.
Industry Definition and Application:
Incense sticks (agarbatti and dhoop) represent biotic materials that release aromatic smoke when burned. They are usually manufactured from bamboo sticks, charcoal dust, sawdust paste, fragrant oils, water, adhesives, etc. In line with this, incense sticks are composed of extracts of the Commiphora wightii tree and herbs, ghee, essential oils, etc. They are burned as a common part of numerous customs and rituals that purify the bad air, fill the surrounding with positive energy, eliminate negative energy from the atmosphere, etc. The fragrance of incense sticks offers calming effects and are utilized as an insect repellent. As a result, these sticks are extensively used across temples, churches, mosques, monasteries, etc. They are widely available in the form of cones and thick sticks.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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List of Major Key Players:
- Aswathiah & Bros
- Hari Darshan Sevashram Private Limited
- Hem Corporation Private Limited
- ITC Limited, Moksh Agarbattis Company
- Mysore Deep Perfumery House (MDPH)
- Ranga Rao & Sons Private Limited
- Patanjali Ayurved Limited (925PAL24)
- Shree Kalpana Perfumery Works Private Limited
India Incense Sticks Market Trends:
The increasing number of temples that conduct several religious events and rituals is primarily driving the India incense sticks (agarbatti and dhoop) market. Furthermore, they and other such religious establishments utilized scented smoke-emitting products, which is propelling the market growth. Apart from this, the widespread adoption of incense-based items to perform activities, including spiritual, aesthetics, meditation, yoga, healing purposes, etc., is acting as another significant growth-inducing factor. Moreover, the introduction of new fragrances by leading manufacturers, such as lemongrass, cinnamon, strawberry, coffee chocolate, green tea, jasmine, etc., is also augmenting the market growth across the country. Besides this, the development of low-cost and low-smoke product variants and the rising number of export activities are stimulating the market growth. Additionally, the easy availability of raw materials is anticipated to fuel the India incense sticks (agarbatti and dhoop) market over the forecasted period.
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The report has been segmented the market into following categories:
Breakup by Product Type:
Breakup by Demographics:
Breakup by Distribution Channel:
- Retail Stores
- Departmental Stores
- Specialized Stores
- Online Stores
Breakup by Region:
- North India
- South India
- East India
- West India
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