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India Incense Sticks (Agarbatti & Dhoop) Market to Expand at a CAGR of 9.1% Over 2022-2027 – IMARC Group

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India Incense Sticks (Agarbatti & Dhoop) Market to Expand at a CAGR of 9.1% Over 2022-2027 – IMARC Group

December 05
08:31 2022
India Incense Sticks (Agarbatti & Dhoop) Market to Expand at a CAGR of 9.1% Over 2022-2027 - IMARC Group
India Incense Sticks (Agarbatti & Dhoop) Market
The market is primarily driven by the growing use of incense-based products to perform various religious activities. Incense sticks are utilized for spiritual, aesthetics, meditation, yoga, and healing purposes

The latest research study “India Incense Sticks Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that The India incense sticks (agarbatti & dhoop) market Outlook is expected to exhibit a CAGR of 9.1% during 2022-2027. 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, also called agarbatti or dhoop, are thin sticks covered with a dry and thick fragrant paste, which is burnt to produce a fragrant aroma. They comprise diethyl phthalate, herbal powders, essential oils, and adhesive materials. They are available in various soothing fragrances, such as jasmine, sandalwood, orange, lavender, lemon, rose, frankincense, myrrh, patchouli, and lemongrass, which are extracted from resins, barks, seeds, roots, and flowers. They offer a positive influence on the mind, reduce stress and anxiety, and help to fall asleep quickly.

They also stimulate creativity and help to focus by clearing and relaxing the mind from negative thoughts and worries. Incense sticks find extensive applications to create a peaceful and soothing environment and counteract odors. They are also utilized in aromatherapy, wherein the fragrant smoke from incense sticks is inhaled or used to set a perfect mood for relaxing and meditation. They are used as an alternative for room fresheners as incense sticks provide long-lasting and soothing fragrances within a short period. They are affordable, eco-friendly, and produce minimum waste that contributes to the landfill.

Covid-19 Impact:

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.

Request a Free Sample Report:: https://www.imarcgroup.com/india-incense-sticks-agarbatti-dhoop-market/requestsample

List of Major Key Players:

Aswathiah & BrosHari Darshan Sevashram Private LimitedHem Corporation Private LimitedITC Limited, Moksh Agarbattis CompanyMysore Deep Perfumery House (MDPH)Ranga Rao & Sons Private LimitedPatanjali Ayurved Limited (925PAL24)Shree Kalpana Perfumery Works Private Limited

India Incense Sticks Market Trends: 

The rising demand for incense sticks or agarbatti to create a suitable environment for religious rituals in various shrines represents one of the primary factors influencing the agarbatti market in India. Besides this, the increasing construction of temples in the country, along with the growing number of tourists visiting India, is contributing to the growth of the market. In addition, the Government of India is undertaking initiatives to support agarbatti manufacturing and empower local artisans, generate employment, and increase production, which is propelling the growth of the market. Apart from this, the increasing adoption of aromatherapy to relax the mind and body is offering lucrative growth opportunities to industry investors.

Additionally, there is a rise in the demand for incense sticks to create a soothing environment for yoga and meditation to reduce stress and anxiety. This, coupled with the increasing utilization of incense sticks to cleanse the aura of spaces and repel negative vibes, is strengthening the growth of the incense sticks market in India. Moreover, key market players are developing incense sticks with innovative fragrances, eye-catching packages and sustainable ingredients, which is offering a favorable market outlook. Furthermore, the increasing number of brands selling incense sticks with scents of organic flowers and authentic sandalwood is supporting the growth of the agarbatti market size in India.

Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=2066&flag=C

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Product Type:

Agarbatti 

Dhoop

Breakup by Demographics:

Urban

Rural

Breakup by Distribution Channel:

Retail Stores

Departmental Stores

Specialized Stores

Online Stores

Others 

Breakup by Region:

North India

South India

East India

West India

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company’s expertise.

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