Aromatherapy Diffusers and Essential Oils Gaining Traction in India


Verify Markets B2B Market Research and Consulting
Shilpa Tiku, Chief Research Officer

Shilpa Tiku, Chief Research Officer

India Aromatherapy and Essential Oils Market report

India Aromatherapy and Essential Oils Market report

The markets are expected to experience high growth during the forecast driven by rising disposable incomes and an increase in the health and wellness trend.

Diffusers priced between $15.00 USD and $44.00 USD are the most popular products currently being sold in the market. These products make up an estimated 50 percent of sales by revenue in 2018.”

— Shilpa Tiku, Chief Research Officer at Verify Markets

SAN ANTONIO, TX, UNITED STATES, October 9, 2019 /EINPresswire.com/ — Two new analyses by Verify Markets show the Indian aromatherapy diffuser market to be valued at over $8.0 million in 2018 and the Indian aromatherapy and essential oils market to be valued over $14.0 million in 2018. The markets are expected to experience high growth rates during the forecast period driven by rising disposable incomes and an increase in the health and wellness trend.

People in India are increasingly placing value on health and wellness. Customers are beginning to shift from purchasing luxury goods in favor of spending on wellness as a luxury. As a result, natural and lifestyle related products are seeing growth and gaining popularity in India. Moreover, businesses are increasingly integrating the use of aromatherapy into their business practices. Yoga studios, spas, and hotels are incorporating essential oils and diffusers in their daily operations.

Some of the key challenges in the market include low awareness levels among consumers, price sensitivity, no standard industry definitions, and an absence of regulations. As of 2018, there was no real certification or governing body for aromatherapy diffusers. Quality control standards for aromatherapy diffusers do not currently exist and several poor-quality diffusers are currently being sold. Retail sales are the most popular distribution channel for diffusers. Some of the key companies covered in these reports include N. Ranga Rao & Sons Pvt. Ltd. (Iris), Renaissance Creations Pvt. Ltd. (Rosemoore), Soulflower, Forest Essentials, Kama Ayurveda Pvt. Ltd. and several others.

“Diffusers priced between $15.00 USD and $44.00 USD are the most popular products currently being sold in the market. These products make up an estimated 50 percent of sales by revenue in 2018,” notes Shilpa Tiku, Chief Research Officer at Verify Markets.

The Indian Aromatherapy Diffuser Market report captures growth drivers, restraints, market revenues, forecasts, technology trends, pricing trends, market share analysis, distribution trends, and other market trends. The base year for the study is 2018 and the forecasts are provided until 2025. This study covers ultrasonic, heat, nebulizing, and evaporative diffusers.

The Indian Aromatherapy and Essential Oils Market report captures growth drivers, restraints, market revenues, forecasts, pricing trends, market share analysis, distribution trends, end-user trends, and other market trends. The base year for the study is 2018 and the forecasts are provided until 2025.

For more information on these reports and other research (including custom reports and consulting), contact info@verifymarkets.com, visit https://www.verifymarkets.com , or call 210.595.6987. Follow us for more updates on Twitter @verify_markets and LinkedIn.

Verify Markets’ research methodology consists of extensive primary interviews with key participants in the market along with secondary sources to validate our information.

Haley Rico
Verify Markets
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India can raise over $25 bn With REITs in next 3 years


Shobhit Agarwal, MD & CEO – ANAROCK Capital

Values Over Value

Over 150 mn sq. ft. rent-yielding office properties could get listed in top 7 Indian cities in 3 yrs; this is 25-30% of the total Grade A office space in India

Currently, the top 7 cities have close to 550 mn. sq. ft. Grade A office supply – of which 310-320 mn sq. ft. is REITable as of now”

— Shobhit Agarwal, MD & CEO – ANAROCK Capital

MUMBAI, MAHARASHTRA, INDIA, October 9, 2019 /EINPresswire.com/ — – Over 150 mn sq. ft. rent-yielding office properties could get listed in top 7 cities in 3 yrs; this is 25-30% of the total Grade A office space in India
– Top 7 cities have close to 550 mn sq. ft. Grade A office supply; of this 310-320 mn sq. ft. is REITable currently

– Prestige, RMZ Corp, K Raheja Corp, Godrej Properties & Panchshil Realty gearing up for REITs
– Global heavyweight investors eyeing India’s revving REIT machine
– Residential REITs still a distant reality; low rental yields major roadblocks

Commercial REITs may raise over $25 billion for Indian real estate over the next three years, research by ANAROCK Capital reveals. This involves the listing of more than 150 mn sq. ft. of rent-yielding Grade A office properties across the top 7 cities – covering 25% to 30% of the overall Grade A office space in these cities.

Shobhit Agarwal, MD & CEO – ANAROCK Capital says, “Currently, the top 7 cities have close to 550 mn. sq. ft. Grade A office supply – of which 310-320 mn sq. ft. is REITable as of now.”

The recent success of India’s first listed real estate investment trust (REIT) offers much-needed hope to the beleaguered real estate sector. The enthusiastic response to Embassy Office Parks’ REIT launch – and its more-than-satisfactory performance – is priming investors for similar REIT opportunities, which in turn will open up more funding avenues for the sector. Several large developers are keen to list their commercial assets.

Bangalore-based Prestige Group plans to list its first commercial REIT very soon and has already started segregating its residential, office, retail and hospitality businesses. It may also launch a retail REIT as and when the opportunity arises. Other players in the REIT fray are RMZ Corp, K Raheja Corp, Godrej Properties and Panchshil Realty.

REITs will help commercial developers improve their liquidity by unlocking the value of their assets to raise capital. For big and small investors, it is a highly de-risked investment route offering annual returns of as much as 12-14% over the long-term – an attractive proposition when viewed against more volatile asset classes.

“Since REITs are a proven success in developed nations, global investors are keen to capitalize on India’s high demand for Grade A commercial real estate,” says Shobhit Agarwal. “For domestic investors, REITs are an opportunity to invest in commercial real estate at fairly lower entry levels and add an attractive level of diversification to their portfolios.”

While the commercial office sector will dominate Indian REIT listings for the next couple of years, retail and logistics REITs are sure to follow. However, Indian residential REITs remain at best a distant possibility. The draft Model Tenancy Act, 2019 will make rental housing a more attractive investment play – but for Indian residential REITs to succeed as they have in countries like Singapore and the US, rental yields on Indian housing need to significantly surpass the current 1-3%.

Arun Chitnis
ANAROCK Property Consultants
+91 96571 29999
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