As we at Vumonic, India's premier market intelligence firm, sift through the labyrinth of ecommerce data, we notice intriguing trends. Today, let's hop onto a data-driven magic carpet to explore the tale of Himalaya's performance on Flipkart during November-December 2022.
Himalaya, a household name, presents an interesting portfolio in its sales distribution. Diaper category forms the Herculean pillar, holding up more than 30% of Himalaya's revenue. But, here's a plot twist: despite diapers being the best selling category, no Himalaya diaper product is a chartbuster within the top 10 diaper products on Flipkart.
Next, a team of categories including Baby care, Baby gift sets, and Body & Face skincare put up a solid performance, contributing more than 20% and around 15% respectively, while Home Medicines and Hair care & accessories trail behind at less than 10% of Himalaya’s revenue.
The rhythm of the Indian Baby Care Products market, as per Mordor Intelligence, is set to quicken. From a size of around USD 1.6 billion in 2023, it is likely to almost double by 2028, boasting a tempo (CAGR) of nearly 12%.
The baby skincare products market in India is hitting high notes. Thanks to parents' growing awareness about safe and natural products and the booming ecommerce platforms, there's a rising demand for baby skincare products.
In terms of individual knights in shining armour, or rather, products in glistening packaging, Himalaya's Purifying Neem Face Wash claims the throne. The rest of the royal court includes Total Care XL Diapers, Happy Baby Gift Pack (7 in 1), Total Care Baby Pants XL, and Gentle Baby Wipes. Each of these products tells a fascinating story of consumer preferences and market dynamics.
Let's add some spice to this analysis. Did you know that the Average Order Value (AOV) for Himalaya's diaper category was around 530 INR, marginally lower than the category AOV of 630 INR? These numbers dance together to compose a melody of consumer spending habits and product pricing trends.
As we dive deeper, the figures from Statista resurface, suggesting that India's direct-to-consumer sector's market size for personal care is anticipated to leap from two billion dollars in 2022 to a whopping seven billion dollars by 2027.
The dance floor is open, and it's high time brands like Himalaya turn up the music!
As we wrap up this rollercoaster ride of insights, one thing is certain - the Himalaya ecommerce story on Flipkart is a thrilling one, full of twists and turns. From product categories to market trends, it's a tale of diversity and dynamism. Stay tuned as Vumonic continues to turn the kaleidoscope to bring you fresh perspectives from the pulsating world of ecommerce.