Cosmetics Industry in India 2023-2028 | Top Brands, Sales, Market Trends Analysis

How big is the India Cosmetics Industry?

IMARC Group, a leading market research company, has recently releases report titled "India Cosmetics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The cosmetics industry in India is projected to exhibit a growth rate (CAGR) of 6.78% during 2023-2028. 

What is Cosmetics?

Cosmetics are products used to enhance and modify an individual's physical appearance. They encompass a wide range of skincare items, including cleansers, moisturizers, serums, toners, and face masks. These products are carefully formulated to be compatible with various skin types, minimizing the risk of irritation and allergic reactions. Cosmetics are available in diverse formats, such as powders, creams, lotions, gels, serums, and sprays. Their functions encompass concealing blemishes, scars, and other imperfections, as well as enhancing and highlighting natural beauty while accentuating desirable features. Additionally, cosmetics provide a protective shield against environmental elements, including harmful ultraviolet (UV) rays. Moreover, by contributing to skin hydration and nourishment, cosmetics are experiencing growing demand across India.

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What are the growth prospects and trends in the industry?

The rising incomes of individuals in India stand as a pivotal factor fueling the demand for cosmetics and personal care products. Moreover, consumers are increasingly drawn to cosmetics containing natural and herbal ingredients, broadening the customer base. In addition to this, leading brands consistently introduce innovative products tailored to address specific skin types, concerns, and desired results, contributing to a promising market outlook. Furthermore, the growing reliance of consumers on social media platforms and fashion and beauty vlogging channels is exerting a positive impact on the market. Furthermore, the accessibility of products through online distribution channels is driving market expansion.

E𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭𝐬, 𝐚𝐧𝐝 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞𝐬: https://www.imarcgroup.com/india-cosmetics-market

What is included in market segmentation?

The report has segmented the market into the following categories:

Product Type Insights:

Skin and Sun Care Products
Hair Care Products
Deodorants and Fragrances
Makeup and Color Cosmetics
Others

Category Insights:

Conventional
Organic

Gender Insights:

Men
Women
Unisex

Distribution Channel Insights:

Supermarkets and Hypermarkets
Specialty Stores
Pharmacies
Online Stores
Others

Regional Insights:

South India
North India
West and Central India
East India

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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This release was published on openPR.