Cosmetic Industry Round Up (10/08/15 to 16/08/15)

Published on August 17, 2015

The overall beauty business in India is growing amazingly with cosmetic market growing at 15-20 percent annually. More no. of cosmetic brands in Indian market has also been motivated by increasing demand of branded products among people due to violent advertising strategies of market player.

The beauty care market in India consist of salons, cosmetic treatment centers and cosmetic product, these are the main contributor to growth of Indian wellness industry.  It is observed that women are spending more on cosmetic as they are actively earning and spending money on grooming themselves also rural India is showing its willingness to look attractive.

There are various products include hair care, skin care, oral care, fragrance and colour cosmetics, revealed that cosmetics market is growing at rapid rate in comparison to other segment.

The retail beauty and cosmetic market in India presently estimated around USD 950 million is raised at USD 2 billion by the next five year. Since, Indian cosmetic market grows tremendously in upcoming year.


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