India Cosmetics Market Size is Expected to Rise at 6.1% CAGR during 2024-2032

Written by Tushar Imarc  »  Updated on: July 10th, 2024

India Cosmetics Market Size is Expected to Rise at 6.1% CAGR during 2024-2032

IMARC Group, a leading market research company, has recently releases report titled “India Cosmetics Market Report by Product Type (Skin and Sun Care Products, Hair Care Products, Deodorants and Fragrances, Makeup and Color Cosmetics, and Others), Category (Conventional, Organic), Gender (Men, Women, Unisex), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Pharmacies, Online Stores, and Others), and Region 2024-2032”. The India cosmetics market size is projected to exhibit a growth rate (CAGR) of 6.1% during 2024-2032.

The increasing consumer awareness, as well as their choice of natural and organic goods, are driving the expansion of the India cosmetics market. Additionally, the market is propelling as there is an escalating demand for cosmetics that are free from harmful chemicals and ethically sourced. Besides this, the rise of social media and beauty influencers has played a crucial role in shaping consumer preferences and making makeup and skincare routines more mainstream, which is fueling the market. This digital influence, coupled with the widespread availability of beauty tutorials and reviews, has heightened consumer engagement and fostered a robust market for cosmetic products in India.

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India Cosmetics Market Trends:

The expansion of the India cosmetics market is fueled by the increasing disposable income and changing lifestyles of the urban population. In addition to this, as more women join the workforce and urbanization accelerates, there is a higher propensity to spend on personal grooming and appearance-enhancing products, which is acting as another significant growth-inducing factor.

Furthermore, the proliferation of e-commerce platforms has also made cosmetics more accessible to a broader audience, including those in Tier II and III cities, which is creating a positive outlook for the market. Apart from this, international cosmetic brands are highly entering the market of India, introducing diverse product offerings and sophisticated marketing strategies that are anticipated to drive the India cosmetics market over the forecasted period.

India Cosmetics Market Segmentation:

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

Ask Analyst for Customization and Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=9350&flag=C

Key Highlights of the Report:

• Market Performance (2018-2023)

• Market Outlook (2024-2032)

• Market Trends

• Market Drivers and Success Factors

• Impact of COVID-19

• Value Chain Analysis

• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

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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