0% found this document useful (0 votes)
8 views10 pages

Convert

The study analyzes consumer satisfaction with skin care products among female consumers in Nagpur, focusing on brand preference, buying patterns, and satisfaction metrics. The Indian skincare market is projected to grow significantly, driven by increased disposable income and informed consumer choices. Key influencing factors for purchase decisions include product quality, skin-friendliness, and affordability.

Uploaded by

Varun Chaudhary
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
8 views10 pages

Convert

The study analyzes consumer satisfaction with skin care products among female consumers in Nagpur, focusing on brand preference, buying patterns, and satisfaction metrics. The Indian skincare market is projected to grow significantly, driven by increased disposable income and informed consumer choices. Key influencing factors for purchase decisions include product quality, skin-friendliness, and affordability.

Uploaded by

Varun Chaudhary
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

An Analytical Study on Consumer Satisfaction with Respect to Skin Care

Products
A Brand-wise Analysis

• Research Objective: To examine consumer


satisfaction towards skin care products and
identify key influencing factors.

• Study Area: Focused on female consumers in


Nagpur, Maharashtra through structured
surveys.

• Scope of Analysis: Includes brand preference,


buying patterns, satisfaction metrics, and
recommendation behaviors.

Photo by Jess @ Harper Sunday on Unsplash


Introduction to Skincare Industry
Market Evolution and Consumer Behavior

• Global Skincare Boom: Valued at $136.4B in


2020, projected to hit $187.7B by 2026.

• Indian Market Growth: Expected CAGR of 9.5%,


driven by disposable income and lifestyle shifts.

• Informed Consumer Choices: Surge in DIY


trends, organic, and ingredient-based skincare
demand.

Photo by Emma Tsui on Unsplash


Research Methodology Overview
Approach, Tools and Target Population

Descriptive & Quantitative Simple Random Sampling Analysis Tools


Structured Google Forms survey Ensured unbiased respondent Utilized percentage methods,
with 120 female respondents in selection representing diverse ranking techniques, charts, and
Nagpur. demographics. chi-square tests.
Current Market Situation
Skincare Industry Snapshot

Vast Market Spectrum Consumer Awareness Surge Purchase Channels Expansion


Ranging from herbal to chemical- Digital platforms and lifestyle Retail, pharmacy, e-commerce,
based brands, catering to diverse changes driving demand for and salon-based sales seeing
customer bases. ingredient-focused products. parallel growth.
Major Players in Indian Skincare
Brand Dominance and Variety

Legacy & Modern Labels Herbal vs. Chemical Popular Product Lines
From Himalaya, Lakme, and Brands span pure Ayurvedic to Face washes, sunscreens,
Vaseline to emerging stars like chemical formulations catering to moisturizers, serums, and organic
Mamaearth and WOW Skin niche and mass markets. personal care products.
Science.
Market Size & Growth
Indian Skincare Industry Outlook

• Indian Market Valuation: $2.47B in 2017,


projected $5.03B by 2027 with a 9.5% CAGR.

• Category Performance: Face creams &


moisturizers hold >40% market share.

• Global Market Parallel: $136.4B globally in


2020, targeting $187.7B by 2026.

Photo by pmv chamara on Unsplash


Range of Skincare Products
Categories & Usage

• Cleansers & Exfoliators: For daily and weekly


removal of dirt, toxins, and dead skin.

• Moisturizers & Sunscreens: Essential for


hydration and UV protection across all seasons.

• Serums, Masks & Treatments: Targeted


solutions for issues like acne, pigmentation, and
aging.

Photo by ONNE Beauty on Unsplash


Data Analysis: Respondent Profile
Age, Occupation & Lifestyle

Age Groups Occupation Mix Usage Frequency


Majority aged 23-30 (42.5%), 43.3% students, 31.7% working 71.7% use skincare daily,
followed by 31-40 (20%). professionals, 21.7% indicating high product reliance.
homemakers.
Brand Preference Rankings
Top Choices Among Consumers

• Top Ranked Brands: Nivea, Mamaearth,


Vaseline lead as favorites across age groups.

• Brand Switching: 33.3% users use different


brands from their favorites due to availability or
pricing.

• Recommendation Patterns: Nivea


recommended by 58%, followed by Lakme (35%)
and Mamaearth (33.3%).

Photo by pmv chamara on Unsplash


Key Purchase Influencing Factors
What Drives Consumer Choices?

• Product Quality: Rated as top factor by 85% of


consumers.

• Skin-Friendliness & Safety: 77.5% prioritize


safety and dermatological compatibility.

• Affordability & Ingredients: Affordability


important for 44.2%, ingredient transparency for
42.5%.

Photo by Content Pixie on Unsplash

You might also like