PUBLISHER: Allied Market Research | PRODUCT CODE: 1508831
PUBLISHER: Allied Market Research | PRODUCT CODE: 1508831
The India beauty and personal care market size was valued at $17,768.7 million in 2023 and is estimated to reach $47,023.9 million by 2033, exhibiting a CAGR of 10.2% from 2024 to 2033. The beauty and personal care market includes a wide range of products that are used for enhancing appearances, personal hygiene, and grooming. The market includes various product categories such as skin care, oral care, hair care, deodorants & fragrances, and personal hygiene products. India's beauty and personal care market has witnessed significant growth in recent years, driven by several factors such as the changing lifestyle of the consumers, increasing disposable incomes, rapid urbanization, and growing penetration of some local D2C brands in India.
The growing middle-class population is expected to be a major factor behind the rising demand for beauty and personal care products during the forecast period. The rising disposable income, growing demand for premium skincare and hair care products, rapidly growing per capita consumption of beauty and personal care products, and growing demand for organic and natural materials are some of the major factors that are fueling the growth of the overall India beauty and personal care market. According to the India beauty and personal care market analysis, the market is segmented on the basis of type, gender, nature, price point, and distribution channel.
On the basis of type, the market is classified into makeup & color cosmetics, deodorants & fragrances, skin & sun care products, hair care products, and shower & bath. On the basis of gender, the market is categorized into women, men, and unisex. Depending on the nature, the market is divided into conventional, organic, and vegan. On the basis of the price point, it is categorized into mass, mid-premium, and premium. Depending on the distribution channel, the market is bifurcated into offline and online.
The major key players operating in the India beauty and personal care industry include MCAFFEINE, Paavo India, Emmbros Overseas Private Limited, Mama Earth Organics, Nykaa, Vellvette Lifestyle Private Limited (Sugar Cosmetics), Bio Veda Action Research Company, Bombay Shaving Co., Sublime Life, Good Glamm Group, Vanity Wagon, Tira (Reliance Retail), Renee Cosmetics, Kindlife, Amazon, Flipkart, Snapdeal.com (Jasper Infotech Pvt. Ltd.), Myntra, AJIO, Sephora, Bella Vita, FirstCry, The Man Company, Ustraa, and Purpelle. These competitors are constantly engaged in various developmental strategies such as partnerships, new product launches, and collaborations to gain a competitive edge and stay ahead of the competition.
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Key Players