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Indian fragrance market grows 12%, outpacing personal care and FMCG sectors, driven by deodorant sales surge.
The Indian fragrance industry saw a 12% year-on-year growth up to September, outpacing the 6.2% growth in personal care products and 5.7% in the overall FMCG industry.
Roll-on deodorant sales surged by 26%, driven by wider distribution and a growing focus on personal grooming.
The fragrance market, valued at ₹4,771 crore, is seen as having significant potential for further expansion due to low penetration rates.
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El mercado indio de fragancias crece un 12%, superando los sectores de cuidado personal y FMCG, impulsados por el aumento de las ventas de desodorantes.