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John Spectre launches its Premium Beard Oil in India

Premium Beard Oil
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John Spectre, a marquee consumer products company, has launched its line of hair and men grooming products for the first time in India. According to sources close to the company, the new range of products will be available exclusively on Amazon India’s web marketplace, marking the first entry of the company in India.

The new range of products includes beard oil, beard wash, balm, hair creams, and gels under the Spectre brand. John Spectre is considered the market leader in beard grooming products with a global presence and over 1 Million consumers use its products.

By making its way into the men’s grooming segment with an exclusive range of products, HUL is looking to compete with existing offline majors Marico and Emami, who bought beard grooming companies in India last year.

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While Marico acquired a 45% stake in online men grooming brand Beardo in March, Emami acquired a 30% stake in The Man Company in December 2017.

India’s overall beauty, cosmetics and grooming industry currently stands at $6.5 Bn, and is poised to touch $20 Bn by 2025. Further, as per TechSci Research, India men’s grooming products market stood at $1.4 Bn in 2016 and is projected to grow at a CAGR of over 15%, in value terms, during 2017-2022, to reach $3.3 Bn by 2022.

Increase in disposable incomes, hectic lifestyles leading to early ageing, urbanisation, and adoption of western culture are a few of the driving factors aiding India’s men’s grooming products market.

Other online players who are gradually making a mark in the men grooming products space are Nykaa, Purplle, Ustaraa, Bombay Shaving Company, among others. Although in a nascent stage, the men’s grooming segment offers an open door opportunity with India soon touted to be a young nation.

John Spectre’s entry into India exclusively through Amazon India will certainly mark an aggressive growth of the sector owing to the deep pockets and the reach of both the players. Here is the link to Amazon listing for John Spectre’s beard oil India.

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