Scope of the Study
Incense is a substance thatís burned to produce a fragrant scent. Incense products are used from ancient periods by people all over the world. The evolution of incense products could be from the burning of aromatic woods in the primitive period. As mankind gained civilization and became more religious, these fragranced incense products played an important role in daily rituals. Several Indian incense products manufacturers have exporting incense to The United States, United Kingdom, United Arab Emirates, Belgium, Brazil as well as Argentina among several other countries. In 2018, the United States incense market size was 128 Million USD and is forecast to reach 281 Million USD in 2025, growing at a CAGR of 11.89% from (2018-2025).
The market study is being classified by Type (Indirect Burning Incense and Direct Burning Incense), by Application (Church, Temples, Home, Office and Others) and major geographies with country level break-up.
N. Ranga Rao & Sons Pvt. Ltd. (India), Mysore Deep Perfumery House (India), Mangaldeep Agarbattis (ITC Limited) (India), Moksh Agarbatti Company (India), B.V.Aswathiah & Bros. (India), UPH Incense Co. Ltd. (Thailand), Patanjali Ayurved Limited (India), Zedblack (India), HEM CORPORATION (India), Dongguan Gaoyi Reed Diffuser Craft Co., Ltd. (China) and Shree Kalpana Perfumery Works Pvt. Ltd. (India) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Hari Darshan Sevashram Pvt. Ltd. (India), Noppamas Incense Sticks Ltd., Part. (Thailand) and Sarathi International Inc. (India).
The global incense products market has a large number of brands. For instance in India, Moksh Agarbatti, Zed Black Agarbatti, Patanjali Agarbatti, Mangaldeep Agarbatti, and Cycle Agarbatti are some of the popular brands. So, for further growth of the market share, the companies in the market are offering new variants of agarbatti in terms of a new fragrance to target numerous geographical regions, festivals, as well as consumer preferences to increase their sales.The Vendors having a strong hold in the market are N. Ranga Rao & Sons Pvt. Ltd., Mysore Deep Perfumery House, and Mangaldeep Agarbattis. Research Analyst at AMA predicts that Asian Vendors will contribute to the maximum growth of Global Incense Products market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Incense Products market by Type, Application and Region.
On the basis of geography, the market of Incense Products has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Thailand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Adoption in Asian Countries Such as China, India, and Thailand
- Rising Production of New Fragrances & Variants
- Increasing Demand for Natural Fragrance Ingredients
- Increasing costs of the raw materials
- Innovation in Packaging & Design of Incense Sticks, Cones, and Coils
- Upsurging Opportunities in Untapped Markets
- Incense smoke causes several diseases, which affects on the environment and health of the people. Incense smoke is a risk factor for elevated cord blood IgE levels and has been indicated to cause allergic contact dermatitis.
Recently, Maayasdeep has launched the much-awaited fragrant incense stick variant called ACHHE DEEN in West Bengal. Both the consumer and their trade associates have become accustomed to their regular product launches and every time they look forward to something truly extraordinary.
Key Target AudienceIncense Products Manufacturers, Raw Materials Suppliers, Government and Research Organizations, Industry Associations, Distributors and Suppliers, End Users and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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