India Beauty and Personal Care Market

India Beauty and Personal Care Market Gears Up for Impressive 11.5% CAGR Surge in 2024-2030.

In-Depth Analysis of the India Beauty and Personal Care Market: 2024-2030 Forecasts

According to the latest findings by MarkNtel Advisors, The India Beauty and Personal Care Market size is estimated to grow at a CAGR of around 11.5% during the forecast period, i.e., 2024-30. The report provides an in-depth analysis of crucial aspects such as market trends, size, forecasts, growth factors, challenges, and competitor assessments. Conducting a thorough examination of the India Beauty and Personal Care Market, the report offers insights into recent developments and presents an overview of the market landscape.

India Beauty and Personal Care Market Segmentation Analysis:

Our research report meticulously explores the India Beauty and Personal Care Market, breaking it down into these key segments: By Type (Organic, Conventional, Vegan), By Product (Skincare, Hair Care, Oral Care, Makeup & Color Cosmetic Products, Bath & Shower, Fragrances, Others), By Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Pharmacies & Drug Stores, Exclusive/Multi Brand Stores, Online Stores) and Others. Each segment, along with its subdivisions, undergoes a detailed breakdown to offer a comprehensive understanding of the market dynamics.

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Geographical Coverage:

Our research report on the India Beauty and Personal Care Market offers comprehensive coverage across different regions, including North, East, West, South. It provides detailed information on growth potential in each country and region, offering valuable insights for market stakeholders to strategically plan future operations and investments.

India Beauty and Personal Care Market Driver:

Growing Demand for Men’s Grooming Range Driving India’s Beauty & Personal Care Industry – The demand for grooming products among men is constantly surging across India due to the growing influence of celebrity culture and the heightening concern among males to boost their physical personalities, where hair & facial features play a big role. Apart from this, aggressive advertising tactics of men’s grooming manufacturers such as Unilever for Fair & Handsome, among others, are also contributing to boosting awareness among the male population regarding the need for skin care. As a result, India is witnessing a substantial need for men’s grooming products, especially toiletries.

Moreover, the concerns among the male population regarding skin issues from sun exposure are witnessed, owing to which the need for sun protection skin care products is also emerging among the male populace in India. Prominent manufacturers such as The Man Company, O3plus, etc., are constantly expanding their footprints in the Indian market to grab this opportunity. Further, the drive towards unisex beauty and skin care products is also witnessed among the male population.

According to a study by the Associated Chambers of Commerce & Industry of India (ASSOCHAM) in 2022, most men in India don’t want to delve into the complex details of products and their formulae, so they rely on products from their family members. This is leading to the demand for unisex products, as these bridge the gap between consumer behavior and marketing while simplifying and addressing the functional needs of men. Thus, these factors are driving positive sales responses for men’s personal care products, fueling the market growth & expansion of India Beauty & Personal Care Products.

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Competitive Landscape of India Beauty and Personal Care Market

The India Beauty and Personal Care market witnesses’ fierce competition driven by the participation of both foreign and domestic companies. Considerable investments in Research and Development (R&D) have led to multiple innovations in the market. Companies with a reach exert significant influence over the India Beauty and Personal Care market, and it is anticipated that several international players will expand their presence in the coming years. To maintain competitiveness amidst rivals, vendors must prioritize the development of new technologies and strive to stay ahead of imminent breakthroughs. The report underscores key players in the market, namely:

  • Unilever
  • Colgate-Palmolive India Ltd.
  • Marico Ltd.
  • Godrej Consumer Products Ltd.
  • Dabur India Ltd.
  • L’Oréal India Pvt. Ltd.
  • Reckitt Benckiser (India) Ltd.
  • Honasa Consumer Pvt Ltd
  • Johnson & Johnson (India) Ltd.
  • Wipro Consumer Care & Lighting Ltd.
  • Gillette India Ltd.
  • Patanjali Ayurved Ltd.
  • Himalaya Drug Co.
  • Emami Ltd.
  • Procter & Gamble Home Products Ltd.
  • ITC Ltd.
  • Beiersdorf AG
  • Vini Cosmetics Pvt Ltd.
  • Bajaj Consumer Care Ltd.
  • Haleon plc.
  • Others

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Common Queries:

  1. What is the current trajectory of cost and profit estimations in the India Beauty and Personal Care Industry?
  2. How do factors like supply and consumption shape the landscape of the industry?
  3. In what ways do import and export considerations impact the dynamics of the India Beauty and Personal Care Industry?
  4. Which technological advancements are anticipated to shape the future of the India Beauty and Personal Care Market?
  5. Who are the noteworthy players highlighted in the India Beauty and Personal Care Market research report?
  6. What are the anticipated USD valuations and the CAGR for the forecasted years?

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