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Beauty, wellbeing, mini meal: HUL eyes high-growth segments to boost demand | Company Business News

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Beauty, wellbeing, mini meal: HUL eyes high-growth segments to boost demand | Company Business News

Consumer goods company Hindustan Unilever Ltd (HUL) has revealed a new strategy focused on capitalising on increasing household income and consumer preference for premium products. HUL has identified six high-growth segments, including premium face care and premium hair care, that contributed ₹7,000 crore in revenue during FY24. The company expects these markets to double or quadruple over the next ten years, driven by rising GDP and disproportionate FMCG growth. HUL aims to achieve double-digit earnings per share growth through top-line performance and premiumisation. It plans to prioritise its core portfolio, future core brands, and market makers to tap into future trends.

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