Marketing Management: Marico: Company Analysis
Marketing Management: Marico: Company Analysis
Marketing Management: Marico: Company Analysis
Marico : Company
Analysis
Marico is a leading Indian Group in Consumer Products & Services in the Global
Beauty and Wellness space.
Marico markets well-known brands such as Parachute, Saffola, Sweekar, Hair &
Care, Nihar, Shanti, Mediker, Revive, Manjal, Kaya, Aromatic, Fiancee, HairCode,
Caivil, Code 10 and Black Chic.
Marico's brands and their extensions occupy leadership positions with significant
market shares in most categories- Coconut Oil, Hair Oils, Post wash hair care, Anti-
lice Treatment, Premium Refined Edible Oils, niche Fabric Care etc.
About Marico (Cont..)
Marico is present in the Skin Care Solutions segment through Kaya Skin Clinics (101 in
India, Middle East and Bangladesh) and its soap franchise (in India and Bangladesh).
Marico's branded products are present in Bangladesh, other SAARC countries, the
Middle East, Egypt, Malaysia and South Africa.
Registered office:
Marico Ltd.
"Rang Sharda", Krishnachandra Marg,
Bandra Reclamation,
Bandra (West),
Mumbai - 400050,
India.
INDUSTRY SCENARIO
The Indian FMCG sector has a total market size in excess of USD16bn. As per India brand
equity foundation, the market size of the sector is set to double to USD33.4bn by 2015.
Burgeoning Indian population, particularly the middle class and prospering rural
economy, presents an opportunity to makers of branded products to upgrade consumers
to branded products.
Demographic dividend
– The demographic advantage or dividend is based on the fact that India is (and will
remain for some time) a very young country.
– The urban population between the ages of 15 to 34 years is expected to increase
from 107 mn in 2001 to 138 mn in 2011. This 30% increase coupled with a rising
disposable income is expected to create a new set of buyers with a discerning
consumer mindset and higher spending power. This consumer segment would in
all probability adopt the beauty and wellness trend faster than the previous
generation.
Products / Services
Products / Services
Mediker Shanti Badam Amla Hair & Care Sweekar Saffola Manjal Soap Kaya Clinic
Parachute Nihar Hair & Care Silk N Shine Oil Salt Plus Arise Functional Foods
Parachute is premium edible grade coconut oil, a market leader in its category.
Synonymous with pure coconut oil in the market, Parachute is positioned on the
platform of purity. Parachute is also available in pouch packs, to service the rural
sectors, increasing penetration. While the positioning of Parachute has always been
on purity, the communication has evolved over time to appeal to different
consumer sets.
Hair & Care, a pleasantly perfumed non-sticky hair oil is a strong brand in
its category.
Hair & Care is upto 50% non sticky than any other hair oil & is enriched
with "Herbal Proteins", which nourishes hair with their natural goodness.
Herbal Proteins are extracted from Neem & Tulsi, a process patented by
Marico
Saffola
New Saffola, a blend consisting of Safflower (Kardi) Oil (60%) & Rice Bran Oil
(40%) contains Vitamin E. Vitamin E is a well-known and potent antioxidant.
Parachute
(32%)
Focused
Hairoils (13%)
Saffola (16%)
Sweekar (7%)
Kaya (6%)
International
Business (15%)
Others (11%)
New Launches
In the current fiscal, the firm plans to launch a prototype cooling oil under its brand
Parachute and plans to expand its manufacturing facilities with a new edible oil
refining plant in Himachal Pradesh.