According to the latest report of IMARC Group, entitled "Indian Incense Sticks Market: Industry Trends, Share, Scale, Growth, Opportunities and Forecasts from 2021-2026", the Indian Incense Sticks (agarbatti and dhoop) market is expected to grow in 2021-2026. The compound annual growth rate is 10.1%. The report provides a detailed analysis of the market by product type, demographics, distribution channels, and geographic location. In addition, the report also analyzes the competitive landscape of the market.
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Indian Incense Stick (Agarbatti & Dhoop) Market Industry Definition and Application:
Incense sticks (agarbatti and dhoop) are biological materials that emit aromatic smoke when burned. They are made of bamboo sticks, charcoal powder, sawdust paste, sesame oil, water and adhesives. They are also composed of extracts of the Commiphoraightii tree, as well as herbs, ghee and essential oils. Incense burning is a common component of various customs and rituals. It can purify bad air, fill the surrounding with positive energy, and eliminate the negative energy in the atmosphere. The fragrance of incense has a calming effect and can also be used as an insect repellent. Therefore, these canes are increasingly used in temples, churches, mosques and monasteries.
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Note: We will regularly track the direct impact of COVID-19 on the market and the indirect impact of related industries. These opinions will be included in the report.
Market trends and driving factors of Agarbatti & Dhoop in India:
The main driving force of the market is the increasing use of incense products for various religious activities. Incense sticks are used for spiritual, aesthetic, meditation, yoga and healing purposes. In addition, the increase in the number of temples across India is significantly affecting the demand for incense sticks. In addition, several major manufacturers are launching new fragrances such as lemongrass, cinnamon, strawberry, coffee chocolate, green tea and jasmine. They are also developing low-cost and low-smoke product variants, which are becoming more and more popular among the crowd. In addition, the unique fragrance and excellent quality provided by the incense stick manufacturers are helping the industry to open up markets around the world, thereby increasing export activities from India. Other factors, such as the expansion of tourism, increased disposable income, low labor costs, and easy availability of raw materials, have further boosted the market.
Agarbatti & Dhoop market segmentation:
The report breaks down the market based on product type, demographics, distribution channels, and geographic location.
Who are the main players in India's main incense sticks (Agarbatti and Dhoop) market?
The report provides a detailed analysis of market leaders, including.
BV Aswathiah & Bros, Hari Darshan Sevashram Private Limited, Hem Corporation Private Limited, ITC Limited, Moksh Agarbattis Company, Mysore Deep Perfumery House (MDPH), N. Ranga Rao & Sons Private Limited, Patanjali Ayurved Limited, Shree Kalpana Perfumery Works Private Limited , etc.
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