Published on July 21, 2014

Indian cosmetic sector have gained strong momentum as increasing demand for professional salon products and services from urban population is driving the value in market and promising market is also swiftly catching up the developed market.

Recently in urban areas long lasting make up is constantly mounting such as Delhi and Bangalore, where working hours prolonged to increase, stimulating demand for long-lasting facial make-up.
According to sources mass-market cosmetics manufacturer; Revlon seems to have gained strong momentum after acquiring and consolidating The Colomer Group (TCG) early this year. Through the attainment of TCG, Revlon has fortified its professional product portfolio. Revlon India, which is operated under a joint venture (JV) with the Modi Group, expects to generate a 30% growth in sales this fiscal.

Report said that Hair colorant sales from India are projected to glimpse the elevated escalation in the next 5years, from their present size of about USD380 million.

Market players said that manufacturers of color cosmetics are planning to launch new series of lips and nail paints in near term to attract the urban women and leverage the upward inclination towards pulsating colour.

According to market report the market in cosmetics and personal care is very sustainable and with this industry players will be able to have more consistent margins. This growth will provide the balance portfolio of products for market players.

Source said that beauty industry is escalating with a very strapping velocity and consistent margins owing to this some distributors of chemicals are planning to gain through the expansion in beauty industry. As chemicals such as N-Butanol, Acetone are mostly used in personal care product it will enhance the market size of these chemicals.