DUBLIN--(BUSINESS WIRE)--The "India Cosmetics Market, By Category (Body Care, Hair Care, Color Cosmetics, Men's Grooming, Fragrances, Others), By Distribution Channel (General Stores, Supermarket/Hyper Market, Others), By Region, Competition, Forecast & Opportunities, FY2026" report has been added to ResearchAndMarkets.com's offering.
India Cosmetics Market was valued USD 13191.23 Million in FY2020 and is forecast to grow at double digit CAGR of 16.39% through FY2026 to reach USD 28985.33 Million by FY2026.
Anticipated growth in the market can be attributed to growing disposable income leading to increasing purchasing power of the people. Emergence of online retail and increasing inclination of youth towards skin care and other grooming products is another key factor which is expected to drive the cosmetics market during the forecast period. Moreover, rising consumer awareness and preference to buy advanced skin care products which not only make them look beautiful but also enhance their skin type is also leading to huge demand for cosmetics products.
Increasing demand for herbal cosmetic products among Indian consumers is also creating a wide growth opportunity for manufacturers. Rising awareness towards body aesthetics, especially among women is making India one of the largest consumers of cosmetic products around the world.
The Indian Cosmetics Market is categorized based on category, distribution channel and competition. Based on category, the market is categorized into body care, hair care, color cosmetics, men's grooming ,fragrances, others. Body care products which include products such as hand cream, body lotion, among others led the market with share of 45.01% in FY2020 and the trend is forecast to continue in the coming years as well.
Some of the leading players operating in the Indian Cosmetics Market are Lotus Herbals Pvt. Limited, L'Oreal India Pvt. Ltd., Oriflame India Private Limited, Emami Ltd., Marico Ltd., Nivea India Pvt. Ltd., Dabur India Limited, Godrej Consumer Products Ltd., Procter & Gamble Home Products Private Limited, and Hindustan Unilever Limited, among others.
Leading companies are working on bring more innovative products which suits the demand of the consumers. Also, they are taking up other growth strategies like merger and acquisitions to increase their market share.
Years considered for this report:
- Historical Years: FY2014-FY2019
- Base Year: FY2020
- Estimated Year: FY2021
- Forecast Period: FY2022-FY2026
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on India Cosmetics Market
4. Executive Summary
5. Voice of Customer
5.1. Preferences of Cosmetic products Across Gender
5.2. Aided Brand Awareness
5.3. Preferred Mode of Buying Cosmetic Product
5.4. Sources of Information
5.5. Average Monthly Expenditure on Cosmetic Products
5.6. Factors Influencing Purchase Decision for Cosmetic Products
5.7. Product Type Preferred by Customers
5.8. Preferences of Cosmetic Product Across Metropolitan Cities and Nonmetropolitan cities
5.9. Body care Type of Preferred By Customers
5.10. Hair Care Type Preferred By Customers
5.11. Color Cosmetic Type Preferred by Customers
5.12. Reason for Buying Cosmetic Products By Age Group (13-19)
5.13. Product Attributes Preferred By Age Group (13-19)
5.14. Product Type Preferences By Age Group (13-19)
5.15. Brands Preferred By Age Group (13-19)
5.16. Reason For Buying Cosmetic Products By Age Group (20-35)
5.17. Product Attributes Preferred By Age Group (20-35)
5.18. Product Type Preferences By Age Group (20-35)
5.19. Brands Preferred By Age Group (20-35)
5.20. Reason For Buying Cosmetic Products By Age Group (36-50)
5.21. Product Attributes Preferred By Age Group (36-50)
5.22. Product Type Preferences By Age Group (36-50)
5.23. Brands Preferred By Age Group (36-50)
5.24. Leading Brands Preferred by Customers
5.25. What parameter costumers sees before buying Herbal, Organic, Ayurvedic, Natural Products
5.26. Reasons Behind Purchasing Organic or Natural or Herbal Cosmetic Products
5.27. Preferences of Organic or Natural or Herbal Cosmetic Across Gender
5.28. Preferences of Organic or Natural or Herbal Cosmetic Across Age Group
5.29. Product Type Preferred By Customers for Natural Cosmetic Products
5.30. Product Type Preferred By Customers for Organic Cosmetic Products
5.31. Product Type Preferred By Customers for Herbal Cosmetic Products
6. India Cosmetics Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Category (Body Care, Hair Care, Color Cosmetics, Men's Grooming ,Fragrances, Others (Talcum Powder, Face Powder, Hair Removal Creams, etc.))
6.2.2. By Distribution Channel (General Stores, Supermarket/Hyper Market, Specialty Stores, Online Sales Channel, Others (convenience store, departmental store etc.))
6.2.3. By Company
6.3. Product Market Map
7. India Body Care Market Outlook
8. India Hair Care Market Outlook
9. India Color Cosmetics Market Outlook
10. India Fragrances Market Outlook
11. India Men's Grooming Market Outlook
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Development
14. Policy & Regulatory Landscape
15. India Economic Profile
16. Competitive Landscape
- Lotus Herbals Pvt. Limited
- L'Oreal India Pvt. Ltd.
- Oriflame India Private Limited
- Emami Ltd.
- Marico Ltd.
- Nivea India Pvt. Ltd.
- Dabur India Limited
- Godrej Consumer Products Ltd.
- Procter & Gamble Home Products Private Limited
- Hindustan Unilever Limited
For more information about this report visit https://www.researchandmarkets.com/r/t1rn7p
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