India Cosmetic Products Market Growth, Size, Trends, Demand, Share, Revenue and Future Outlook
India Cosmetic Products Market Size- By Product Type, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Aug-2024 | Report ID: FMCG24150 | Pages: 1 - 105 | Formats*: |
| Category : Consumer & Retail | |||
India Cosmetic Products Market Introduction and Overview
According to SPER Market Research, the India Cosmetic Products Market is estimated to reach USD XX billion by 2033 with a CAGR of 11.16%.
The term "cosmetics" refers to materials or goods that people use to improve or change their appearance, such as makeup, skincare, hair care, and fragrances. Cosmetics are available in many different forms, including creams, lotions, sprays, powders, and powders, and are frequently made to improve one's appearance.
- Shiseido's first flagship store in Mumbai will open in October 2023. The store was established in collaboration with Baccarose Perfumes & Beauty Products Pvt. Ltd., the brand's sole partner in India.
- In December 2023, Hindustan Unilever Ltd separated its beauty and personal care businesses into two independent corporations in order to better compete with the younger generation.
- L'Oreal India projected in November 2023 that, as a result of rising disposable incomes and increasing per capita spending on beauty products in India, the company would make twice as much money in the next three to five years.
Market Opportunities and Challenges
Opportunities- Technology advances in packaging and formulation have a significant impact on the market. Technological developments in packaging and formulation have considerably boosted the Indian cosmetic market. Innovations like ecological and user-friendly packaging, combined with innovations in formulation techniques, improve product quality and appeal. Advanced packaging protects product integrity and attractiveness, attracting customers. Furthermore, updated formulas contain helpful elements that adapt to changing cosmetic tastes. The convergence of technology-driven packaging and formulas not only improves product performance and visual appeal, but it also fits with shifting consumer expectations, promoting growth and competitiveness in India's dynamic cosmetic sector.
Challenges- The use of chemicals or preservatives in the production of different cosmetic goods, which may be hazardous to consumers' skin and other body parts, is one of the biggest difficulties facing the Indian cosmetics sector. In addition, using chemical-based colour cosmetics on a regular basis on the lips and eyes can lead to a number of skin issues, including dark circles, wrinkles, acne, and anti-aging. Consequently, growing consumer knowledge of the negative consequences of cosmetics containing chemicals could hinder the growth of the Indian cosmetics market during the course of the forecast year. Additionally, the growing number of local and foreign firms in the Indian cosmetics industry has increased competition among Indian businesses, which is impeding the market's growth.
Market Competitive Landscape
The Indian cosmetics market is highly fragmented because to the presence of several domestic and international businesses, including L'Oréal, The Estée Lauder Companies, Vellvette Lifestyle Private Limited (Sugar Cosmetics), and Natura & Co. (The Body Shop International Limited). Leading brands are collaborating with international organisers to launch their products at various international beauty community events, including Cosmoprof, Canton Fair, and Fashion Fest. Furthermore, market participants employ various techniques such as celebrity endorsements, discounts, and instant offers to position their brands in the market and boost overall sales.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product Type, By Distribution Channel |
| Regions covered | Western, Southern, Eastern, Northern |
| Companies Covered | The Estee Lauder Companies, L'Oreal SA, Unilever PLC, Revlon Inc, Vellvette Lifestyle Private Limited (Sugar Cosmetics), Natura &Co (The Body Shop International Limited), Colorbar Cosmetics Pvt Ltd, Lotus Herbals Pvt Ltd, The Face Shop Inc, Revolution Beauty. |
COVID-19 Impact on India Cosmetic Products Market
The COVID-19 pandemic has had a major influence on the Indian cosmetics market. The sector encountered a variety of obstacles and observed changes in consumer behaviour: Lockdowns and limitations implemented during the outbreak impacted the cosmetics supply chain. Manufacturing facilities, distribution networks, and retail outlets all experienced temporary closures, resulting in supply shortages and delays.
Changes in Consumer Behaviour: The pandemic caused changes in consumer behaviour and preferences. With a greater emphasis on hygiene, there was an increase in demand for personal hygiene products like sanitisers, hand washes, and soaps. Skincare products with immune-boosting and health characteristics became popular.
Key Target Audience:
- Cosmetic Manufacturers
- Retailers and Distributors
- Beauty and Personal Care Brands
- E-commerce Platforms
- Advertising and Marketing Agencies
- Investment Firms and Venture Capitalists
- Product Development Teams
- Consumer Insights Teams
- Brand Managers
- Regulatory Bodies and Government Agencies
Our in-depth analysis of the India Cosmetic Products Market includes the following segments:
| By Product Type: |
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| By Distribution Channel: |
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Key Topics Covered in the Report:
- India Cosmetic Products Market Size (FY’2024-FY’2033)
- Overview of India Cosmetic Products Market
- Segmentation of India Cosmetic Products Market by Product Type (Color Cosmetics, Hair Styling and Coloring Products)
- Segmentation of India Cosmetic Products Market by Distribution Channel (Hypermarkets/Supermarkets, Specialty Stores, Pharmacy and Drug Stores, Online Retail Stores, and Other Distribution Channels)
- Expansion Analysis of India Cosmetic Products Market
- Problems and Obstacles in India Cosmetic Products Market
- Competitive Landscape in the India Cosmetic Products Market
- Impact of COVID-19 and Demonetization on India Cosmetic Products Market
- Details on Current Investment in India Cosmetic Products Market
- Competitive Analysis of India Cosmetic Products Market
- Prominent Players in the India Cosmetic Products Market
- SWOT Analysis of India Cosmetic Products Market
- India Cosmetic Products Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity, and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the India Cosmetic Products Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. India Cosmetic Products Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in India Cosmetic Products Market
7. India Cosmetic Products Market, By Product Type (USD Million) 2020-2033
7.1. India Cosmetic Products Market Size, Share and Forecast, By Product Type, 2020-20267.2. India Cosmetic Products Market Size, Share and Forecast, By Product Type, 2027-20337.3. Color Cosmetics
7.3.1. Facial Make-Up Products7.3.2. Eye Make-Up Products7.3.3. Lip and Nail Make-up Products
7.4. Hair Styling and Coloring Products
7.4.1. Hair Colors
7.4.2. Hair Styling Products
8. India Cosmetic Products Market, By Distribution Channel (USD Million) 2020-2033
8.1. India Cosmetic Products Market Size, Share and Forecast, By Distribution Channel, 2020-20268.2. India Cosmetic Products Market Size, Share and Forecast, By Distribution Channel, 2027-20338.3. Supermarkets/Hypermarkets8.4. Specialty Stores8.5. Pharmacies/Drug Stores8.6. Online Retail Stores8.7. Other Distribution Channels
9. India Cosmetic Products Market Forecast, 2020-2033 (USD Million)
9.1. India Cosmetic Products Market Size and Market Share
10. India Cosmetic Products Market, By Region, 2020-2033 (USD Million)
10.1. India Cosmetic Products Market Size and Market Share By Region (2020-2026)10.2. India Cosmetic Products Market Size and Market Share By Region (2027-2033)10.3. Western10.4. Southern10.5. Eastern10.6. Northern
11. Company Profile
11.1. The Estee Lauder Companies
11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments
11.2. L'Oreal SA
11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments
11.3. Unilever PLC
11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments
11.4. Revlon Inc
11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments
11.5. Vellvette Lifestyle Private Limited (Sugar Cosmetics)
11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments
11.6. Natura &Co (The Body Shop International Limited)
11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments
11.7. Colorbar Cosmetics Pvt Ltd
11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments
11.8. Lotus Herbals Pvt Ltd
11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments
11.9. The Face Shop Inc
11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments
11.10. Revolution Beauty
11.10.1. Company details11.10.2. Financial outlook11.10.3. Product summary11.10.4. Recent developments
11.11. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
India Cosmetic Products Market is projected to reach USD XX billion by 2033, growing at a CAGR of 11.16% during the forecast period.
India Cosmetic Products Market grew in Market size from 2024. The Market is expected to reach USD XX billion by 2033, at a CAGR of 11.16% during the forecast period.
India Cosmetic Products Market CAGR of 11.16% during the forecast period.
You can get the sample pages by clicking the link - Click Here
India Cosmetic Products Market size is USD XX billion from 2024 to 2033.
India Cosmetic Products Market is covered By Product Type, By Distribution Channel.
The Asia Pacific s anticipated to have the highest Market share in the India Cosmetic Products Market.
The key players in the Market include Companies Covered The Estee Lauder Companies, L'Oreal SA, Unilever PLC, Revlon Inc, Vellvette Lifestyle Private Limited (Sugar Cosmetics), Natura &Co (The Body Shop International Limited), Colorbar Cosmetics Pvt Ltd, Lotus Herbals Pvt Ltd, The Face Shop Inc, Revolution Beauty.
The term "cosmetics" refers to materials or goods that people use to improve or change their appearance, such as makeup, skincare, hair care, and fragrances.
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