Dabur's Dermoviva soaps continue steady growth in MENA market

Image
Press Trust of India Dubai
Last Updated : Aug 06 2013 | 11:42 AM IST
Personal and healthcare company Dabur International's Dermoviva Soap range continues to maintain steady growth in the MENA bar soap segment which accounts for 70 percent of the region's Rs 24. 8 billion (1.5 billion dirhams) personal cleaning market, the company has said.
Dermoviva soaps are doing considerably well and offer four variants - Antibacterial, Fairness, Moisturising and Anti-Ageing-- all of which are especially suited for the region's climate, a statement released here said.
Dabur International is a wholly owned subsidiary of Dabur India that has an overall turnover of over USD 1 billion and a market capitalisation of USD 4 billion.
"The strong demand for our Dermoviva range of soaps shows that Middle Eastern consumers want beauty products that are both natural and complementary to their unique lifestyle and environments.
"At Dabur International we have made it a tradition to create health and beauty products that are based on the science of nature," the statement said.
"Our Dermoviva soaps continue our spirit of using nature's gifts to draw out the natural beauty within us all," Vivek Dhir, Chief Marketing Officer, Dabur International, said.
Dermoviva soaps provide natural solutions to common skin problems with the help of natural ingredients such as olive, saffron, aloe vera and chamomile, the company said.
It said the International Business Division headquartered in Dubai is the cornerstone of its growth strategy, delivering over 40% CAGR growth and reaching a milestone of 1 Billion Dirham only within 8 years of its existence.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 06 2013 | 11:42 AM IST

Next Story