The latest report by IMARC Group, titled, “Indian Beauty and Personal Care Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the India beauty and personal care market. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The India beauty and personal care market size reached US$ 26.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 38.0 Billion by 2028, exhibiting a growth rate (CAGR) of 6.45% during 2023-2028.
Indian Beauty and Personal Care Market Overview:
Baby Care Products refer to a range of products specifically designed to meet the delicate and essential needs of infants and young children. These include products, including diapers, baby wipes, baby shampoos, lotions, feeding bottles, and toys that are formulated or manufactured with care, considering the tender skin and health requirements of babies. They provide hygiene and comfort. Thus, these products play a vital role in the growth and development of a child, making them essential components in the early stages of life. In contemporary society, they are necessities and have become a part of nurturing and comprehensive childcare. Their importance is acknowledged globally, and the market for these products is vast, with a significant and growing presence in developing economies such as India.
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Indian Beauty and Personal Care Market Trends:
The market in India is experiencing substantial growth, driven by the increased awareness of baby health and hygiene among the masses. This can be supported by the rise in disposable income among the middle class, and growing urbanization. Along with this, the trend of nuclear families and working parents has elevated the demand for quality and convenient baby care products. A significant rise in the online retail of these products offers ease of accessibility and variety, further propelling market growth. In addition, manufacturers are focusing on innovation, producing products that are organic, eco-friendly, and free from harmful chemicals, catering to the increasing consumer demand for safe and natural products. Apart from this, government initiatives promoting child health and well-being and a high birth rate in the country also contribute positively to the market dynamics.
Competitive Landscape with Key Players:
- Avon Products Inc. (Natura & Co)
- Beiersdorf AG
- Colgate-Palmolive Company
- Coty Inc.
- Kao Corporation
- L’occitane International S.A.
- L’Oréal S.A
- Procter & Gamble
- Revlon Inc.
- The Estée Lauder Companies Inc.
- Unilever plc.
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Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Pharmacies and Drug Stores
- Online Stores
- Others
Breakup by Product:
- Skincare/Sun Care
- Hair Care
- Makeup and Color Cosmetic Products
- Deodorants/Fragrances
- Others
Breakup by Type:
- Vegan
- Organic
- Inorganic
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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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