Published on January 12, 2015

Indian online and offline beauty and personal care companies being funded by established global investors, this segment are expected to grow rapidly in the coming year. Indian beauty industry grew almost twice as fast as that of the US and European markets in 2014. 

According to the Confederation of Indian Industries, the beauty and cosmetic industry is projected to grow between 18-20 per cent per annum in the next couple of years. The beauty industry today includes far more than cosmetics and skin care products, though they are still a significant portion of the sector. A wide range of services and products are available to help us put our best face forward.

Presently in beauty industry diversity and innovation exists because customers demand it. The beauty industry continues to expand globally, several trends support this expansion and promise continued profitability into the future. From product innovation, organic industry growth and continued growth into the male half of the population, the beauty industry continues to offer a diverse set of profitable franchising opportunities.

The beauty industry covers a wide range of products and services, and franchising plays a major part in bringing them to the consumer. As the industry continues to grow and evolve, the profitable opportunity will enhance the growth of this industry.