Published on June 22, 2015

The Indian cosmetics industry is burgeoning with a very express swiftness. Owing to aggressive advertising strategies with huge western influence more number of cosmetic brands in the Indian market has been motivated, which is gaining the consumers attraction.

Presently market players are looking for the consumer’s interest at the time of launch their new products which is also escalating the sales volume of the industry. Indian cosmetic sector has emerged as one of the markets holding immense growth potential.  According to the research report, the industry is estimated to expand at a CAGR of around 17% till the end of this fiscal.

As per the source, the retail beauty and cosmetics market in India is estimated at USD 2.68 billion by 2020. The Indian cosmetics industry holds promising growth prediction for existing and new players.

According to the market players, the Indian cosmetics market registered remarkable transaction with good purchasing power and growing awareness, this is the positive sign for the intensification of the industry. Presently industry players are more focused towards consumer’s interest, with the constructive feedback from the consumers they plan and develop their products which will boost the market expansion.