According to the latest report by IMARC Group, titled “Indian Beauty and Personal Care Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the Indian beauty and personal care market is expected to exhibit a CAGR of 6.5% during 2022-2027. Beauty and personal care products are prepared by utilizing several chemical compounds derived from synthetic sources or natural extracts. They can be vegan, organic, or inorganic in nature. Beauty and personal care products include sun care, color cosmetic items, fragrances, deodorants, toothpaste, colognes, hair dyes, facial tissues, face serums, skin cleansers, etc. They offer numerous benefits, such as protecting the skin, enhancing the physical appearance, boosting self-esteem, delaying the signs of aging, etc. As a result, they are bought by consumers from supermarkets, convenience stores, pharmacies, online platforms, etc., across the globe.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Indian Beauty and Personal Care Market Trends:
The growing focus among individuals on personal hygiene and skin health is one of the key factors driving the India beauty and personal care market. In addition to this, several government bodies and private organizations are launching various favorable initiatives to spread awareness towards the importance of feminine and personal hygiene, which is also catalyzing market growth. Furthermore, the shifting preferences towards premium, customized, and organic product variants are also acting as significant growth-inducing factors. Besides this, the emerging trend of housing beauty studios, which provide customers with personalized beauty advisors to increase engagement and enhance shopping experiences, is anticipated to fuel the India beauty and personal care market over the forecasted period.
Indian Beauty and Personal Care Market 2022-2027 Analysis and Segmentation:
Competitive Landscape with Key Players:
- Avon Products Inc. (Natura & Co)
- Beiersdorf AG
- Colgate-Palmolive Company
- Coty Inc.
- Kao Corporation
- L’occitane International S.A.
- L’Oréal S.A
- Procter & Gamble
- Revlon Inc.
- The Estée Lauder Companies Inc.
- Unilever plc.
Also Read Blog: Top India Beauty and Personal Care Companies in 2022
Market Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Pharmacies and Drug Stores
- Online Stores
On the basis of the distribution channel, the market has been segregated into supermarkets and hypermarkets, convenience stores, pharmacies and drug stores, online stores and others.
Market Breakup by Product:
- Skincare/Sun Care
- Hair Care
- Makeup and Color Cosmetic Products
Based on the product, the market has been categorized into skincare/sun care, hair care, makeup and color cosmetic products, deodorants/fragrances and others.
Market Breakup by Type:
On the basis of the type, the market has been segmented into vegan, organic and inorganic.
Market Breakup by Region:
- North India
- West and Central India
- South India
- East India
Based on the region, the market has been divided into North India, West and Central India, South India and East India.
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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