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2020-09-01
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India
The Indian cosmetics industry is continuously witnessing firm growth over the past years. As per Goldstein Market Intelligence, India cosmetics market is valued at nearly USD 11.16 billion in 2017 and is anticipated to grow at a CAGR of 5.91% during the forecast period 2017-2030. Furthermore, it is estimated annual retail sale of cosmetics & other personal care products is growing in the range of 15-20% annually, thus placing the domestic demand in India as one of the fastest growing across the world. Over the past 5 years total demand has grew by 60%.
India cosmetics industry is driven by the high personal disposable income of people, rising awareness towards body aesthetics, coupled with increasing demand for herbal cosmetic products. High adoption of herbal products has led to growth of the segment at 15% annually, on the back of the fact that people are becoming more aware of possible side effects on skin by constantly use of chemical formulations based cosmetics.
By Product Type
In terms of product type segmentation, skin care products such as anti-wrinkle creams, toners, cleansers, facial creams, etc. account for largest market share, and an important component of the market. The whitening creams market holds entirely unique status in the Indian subcontinent & has witnessed highest growth rates in past years.
By Pricing
By Gender
By Distribution Channel
The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "India Cosmetics Market " along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.
Our India Cosmetics market report comprises of the following companies as the key players:
Key questions answered in this India Cosmetics Market Report
A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements
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