HUL’s Vim has added a new feather in its hat by making it to Kantar’s ‘Brands of the Decade’ list at the Cannes Festival of Creativity 2022. The list included various brands that saw the highest growth in their respective categories over a decade.
Vim’s journey was recognised at Cannes amongst several global brands and was one of the only two, out of the fifty biggest brands, which had consistently grown every year of the past decade. The brand grew at almost double the total branded market’s growth rate, over a decade in consumer franchise.
Deepak Subramanian, Executive Director, Homecare, HUL, said, “Vim has continued its journey of being a pioneer in the dishwashing space. Through its versatile products, Vim has cut across all socio-economic and geographic barriers in India to make our consumers’ life easy. We are honoured to receive this prestigious recognition at Cannes Festival 2022. The journey has been possible due to the brand’s undistracted focus on providing superior and best-value dishwashing products to its consumers. We have also tried to address the social discomforts that exist around dishwashing and chores in our society through our ad films. We will continue to grow through continuous innovation, strong distribution and a purpose-led strategy.”
Vim was the first brand in the 90s to pioneer the dishwash bar concept and help consumers upgrade from powder to bar. Over the last four years, Vim has grown at a CAGR of ~ 15%, growing the brand’s penetration with almost 85 million households added.
Benjamin Cawthray, Brand Footprint Champion at Kantar, said, “The FMCG industry has shown itself to be incredibly resilient: delivering consistent growth over the last decade. However, with ten years of Brand Footprint, we have seen that consistent growth is very hard to achieve for individual brands. Of the Top 50 most chosen global brands, Vim is one of only two that have grown in each of the ten years we have produced this report. Vim’s success has come through the introduction of new formats and its focus on emerging markets, particularly India which continued its growing importance to the top 50 global brands, representing 23% of purchases in 2021, up from 21% in 2020.”