Cosmetic Industry In India

Indias cosmetic market tells a slightly different story.

Cosmetic animal testing statistics 2018. The beauty care market in india is likely to become the main contributor to the growth of indian wellness industry and it consists of salons cosmetic products cosmetics treatment centres and cosmetic products. Indian market has herbal cosmetic brands like forest essentials biotique himalaya herbals blossom kochhar vlcc dabur lotus jovees patanjali and just herbs among others. Cosmetic sales in france reached 65 billion in 2006 according to fipar federation des industries de la parfumerie the french federation for the perfume industry.

In this report india cosmetics market has been segmented into following categories in addition to the industry trends which have also been detailed below. France is another country in which the cosmetic industry plays an important role both nationally and internationally. The phenomenon of mini sized versions has been gaining ground in high end cosmetic products in india.

Beauty and beauty products have an ever changing definition the beauty industry of india is flourishing at a rapid rate with an exceptionally bright future. If theres one industry that has truly been transformed by the waves of tech induced changes brought about by newer generations and time it is the cosmetics and cosmeceutical market in india. This value was forecast to reach a value of 20 billion us.

The retail beauty and cosmetics market in india currently estimated at usd 950 million is pegged at usd 268 billion by the year 2020. Dollars is led by hair care products accounting for a little less than half of the. Cos say the trickle of selling beauty products in mini size is now becoming a flood and brands are cashing in on the millions of indians.

As of 2015 the market size of the cosmetic industry across india had a value approximately seven billion us. Most products with a label made in france are valued on the international market. The industry comes up with new sustainable skincare hair care and cosmetic product launches which are further fulfilling the consumers growing requirements.

Besides the herbal cosmetic industry is expected to grow at 12 per cent in india considering that indian consumers tend to purchase natural and herbal cosmetic products. The indian cosmetics industry is defined as skin care hair care color cosmetics fragrances and oral care segments which stood at an estimated 25 billion in 2008 and is expected to grow at 7 according to an analysis of the sectortoday herbal cosmetics industry is driving growth in the beauty business in india and is expected to grow at a rate of 7 as more people shun chemical products.