Industry profile: The personal care industry is the one that produces consumer products that are used for beautification and personal hygiene. The subsectors of personal care comprise cosmetics and personal hygiene. Some of the products that are included in personal care are wet wipes, toothpaste, toilet paper, talcum powder, moisturizer, shaving cream, razors, perfumes, pomade, nail files, makeup, lotion, lipstick, lip gloss, hair clippers, facial tissue, eyeliner, deodorant, cotton pads, cotton swabs, colognes, and cleansing pods. The global market for personal care is highly diversified and can be bifurcated into unique care products and appliances. Personal care appliances have become popular globally in the last few years owing to the penetration of new and innovative instruments in the market every year. These appliances comprise electric toothbrushes, trimmers, massagers, curlers, flat irons, blow dryers, hair setters, and hair clippers. The segment of personal care products includes skin care, hair care, personal hygiene, oral hygiene, deodorants, fragrances, shower and bath, and makeup.
The global market for personal care is expected to witness substantial growth over the coming years owing to the growing disposable income of consumers, thus enabling them to spend on luxury personal care products. While the personal care products segment for women is the main category, the introduction of the men’s product line for grooming has extensively bolstered the market’s growth. Moreover, the development of improvised and innovative products in the women’s line, such as cosmeceutical and multifunctional products, is expected to trigger the sales of personal care products in the coming years. In addition, manufacturers have flooded the market with particular hair and skin products to cater to specific customer needs. The market is also expected to be benefitted from promotional offers, advertising, and media penetration. In emerging economies, facets such as the growing spending power of consumers, an abundance of international brands, and rapid urbanization are likely to help the market’s growth shortly.
Company Profile: Incorporated in 1984, Gillette India is an Indian subsidiary of Gillette company now taken over by P&G. The company manufactures grooming products for personal care. The Grooming segment includes a shaving system, cartridges, blades, toiletries, and components. The Portable Power segment contains batteries. The Oral Care segment includes toothbrushes, toothpaste, and oral care products. Its geographical features include Within India and Outside India. It offers products such as Razors, Trimmers & Blades, which have ProGlide Razors, Fusion Razors, MACH3 Razors, BODY Razors, and Disposable Razors, Replacement Blades and Trimmers, and Pre and Post Shave products, including Shaving Creams, Gels & Foams, and Skin Care & Aftershaves.
Shareholding pattern: BSE Data
Financials and ratios : [table id=175 /]
Future Prospects: Such companies are straightforward in predicting future prospectus. The products are hardly changing. Even if that changes, consumers may change between products. in countries like India, the increase in income levels is a plus sign for companies like Gillette. Fundamentals also look good.
