One of the main drivers of the Indian economy is the FMCG Sector. The FMCG industry’s growth is driven by income growth, lifestyle changes, increased awareness, and easier access.
• The FMCG market in India is 𝐬𝐞𝐭 𝐭𝐨 𝐝𝐨𝐮𝐛𝐥𝐞, growing from US$ 110 billion in 2020 to an estimated US$ 220 billion in the next few years, with a CAGR of 14.9%.
• 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐬 are influencing consumer shopping habits. While urban areas contribute significantly, semi-urban and rural segments have also seen remarkable growth over the past decade.
• The union government’s 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧-𝐥𝐢𝐧𝐤𝐞𝐝 𝐢𝐧𝐜𝐞𝐧𝐭𝐢𝐯𝐞 (PLI) scheme, with a US$ 1.42 billion investment, provides a major opportunity for businesses to boost exports.
• With consistent year-round demand, FMCG investments are attracting significant interest from investors.
Source: Groww.in
𝐊𝐞𝐲 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐟𝐫𝐨𝐦 𝐏𝐫𝐨𝐛𝐞𝟒𝟐 𝐃𝐚𝐭𝐚:
🔹 𝐆𝐞𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧: Around 24% (over 1,140) of FMCG companies are based in Maharashtra.
🔸 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧: The personal care and skincare segment makes up 43.9% of the FMCG sector.
🔹 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 𝐕𝐢𝐧𝐭𝐚𝐠𝐞: Nearly 900 personal care and skincare companies were incorporated in the past five years, while most tobacco and tobacco products companies have been around for over 20 years.
🔸 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐁𝐫𝐚𝐜𝐤𝐞𝐭: Most companies across all segments have revenues of less than Rs. 1 crore.
🔹 𝐒𝐞𝐜𝐮𝐫𝐞𝐝 𝐁𝐨𝐫𝐫𝐨𝐰𝐢𝐧𝐠: Over 3,200 FMCG companies have no secured borrowings.
🔸 𝐑𝐞𝐜𝐞𝐧𝐭 𝐁𝐨𝐫𝐫𝐨𝐰𝐢𝐧𝐠𝐬: Between 2023 and 2024, the personal care and skincare segment secured nearly 100 borrowings ranging from Rs. 1 crore to Rs. 5 crore.
🔹 𝐅𝐨𝐫𝐞𝐢𝐠𝐧 𝐂𝐮𝐫𝐫𝐞𝐧𝐜𝐲 𝐓𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧𝐬: At least 7% of companies in each segment have income or expenses in foreign currency.
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