Anxious consumers want their fears allayed, or so believe advertisers and the brands they speak for. From Savlon, Godrej Protekt, Blue Star, Lifebuoy, Aquaguard and a long list of health and fitness gear and supplements brands, the positioning lines are being drawn clearly and sharply around the core value of consumer protection—be it the promise of the product or that of the brand in its engagement with stakeholders. While experts see this as a sign of the times, market research company Kantar IMRB predicts that the still undefined, but growing category of ‘protector brands’ will be a money spinner in 2019.
In a recent survey that looked at consumer behaviour in the year of elections (Seeking stability: Predictions for 2019, Kantar IMRB), protector products are loosely grouped as consumer goods that protect the customer from various health hazards and prevent illness by keeping hygiene and immunity at high levels. Such products have been steadily gaining ground as the levels of stress and worry have risen in the country.
The report says that 47 per cent of Indians say that they feel stressed these days (2018), up from 39 per cent in 2017; and more women feel this way. Nearly 2.2 million people bought health, dietary and fitness brands online in 2018, the numbers tripling over the levels in 2017.
The phenomenon has been discernible since a couple of years and is one of the reasons (as per consumer surveys) why hand sanitizers, for example, have grown by a massive 59 per cent in 2017-18 (Kantar WorldPanel). Similarly too Chyawanprash (all brands), by 26 per cent and air purifiers (40 per cent).
The industry does not define a protector segment. It is a combination of all categories/ brands that have a positioning around protection, say experts.
“It is a combination of categories with different units of volume. In value terms, this would amount to Rs 9000 crore in personal care and homecare alone. If we include food categories such as milk food drinks, ayurvedic tea etc., the value could exceed Rs 12,000 crore,” said K Ramakrishnan, general manager and country head, South Asia, Kantar Worldpanel.
However to assume tht such consumers are only from the higher income group would be a fallacy, Kataria added. Stressed consumers are also extremely focused on affordability. According to Kataria, many are constrained by the prohibitive pricing of liquid hand washes and this led the company to launch a powdered concentrate of the liquid hand wash that sells at just ~15 for a 200ml pack.
The Kantar-IMRB report believes that brands will soon need to expand their protective ring to social concerns too. “Brands will have to create a stable, positive environment and enable support groups to change the discourse of negativity,” it said.