Cosmetic Industry Round Up (09/03/15 to 14/03/15)

Published on March 16, 2015

Indian cosmetic industry is growing with a very prompt velocity. Currently it is valued at around
USD 4.6 billion and is projected to grow between 18 to 20 percent in the next couple of years.

Recently wide use of video interviews and virtual conversations on line are some of the new trends that are fast picking up to connect with customers and candidates in any corner of the country.  L'Oreal India has made a focused attempt to leverage technology further, going forward. 

As per the market predictors Indian beauty industry is projected to attain around 17 percent growth till the end of this fiscal. The men’s segment is estimated to occupy around one-third of the total cosmetics market and the increasing demand from men users stimulates the emergence of new players specializing in male cosmetic products.

Owing to rising awareness, increasing influence of western world, product availability, and changing lifestyle are propelling the male cosmetics industry and the segment is projected to surge at a CAGR of more than 18% till the end of this fiscal.

Freshly Indian men and women are concentrating on every aspect of grooming. Due to this every different product is catching the attention of Indian people which is escalating the growth of the Indian beauty industry.


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