Skin care segment has been one of the fastest growing segments in the Indian cosmetic industry. Rising awareness and affordability are definitely paving way to opt for branded skin care products. Besides, promotional activities by the media and strong Western influence are also driving the cosmetics sector. As per our estimates, the skin care market which is segmented into face creams and lotions, mositurisers, body lotion, talcum powder and face wash, account for the majority share in Indian color cosmetics market.
Further, a new research report by RNCOS, “Indian Cosmetic Sector Forecast to 2015”, says that Indian cosmetics market has been growing at a rapid pace and outpaced all market dimensions. Impending factors including rising purchasing power and fashion consciousness, are also propelling the Indian cosmetics market, which is expected to remain the same in the coming years. It is anticipated that Indian cosmetics market will register a significant growth of around 17% during 2011-2015.
The report authored to evaluate Indian Cosmetics Market, which is segmented into hair care, skin care, oral care, fragrance and color cosmetics, and provide an in-depth analysis and forecast for the same. It also comprehensively provides information on the sub-segments, which are further divided into various segments, such as shampoo, hair conditioner, hair gel, hair color, face creams/lotions, talcum powder, face wash, tooth paste and powder, tooth brush, and mouth wash. Further, we studied various established and emerging trends in Indian cosmetics sector to understand the current and future market outlook of the industry. With a view to understanding the industry’s competitive landscape and presenting a balanced outlook to clients, we have included a market share of key players for each segment and profiling of industry’s leading player with their SWOT in our research study. The report also facilitates a brief analysis of Hair & Beauty Salon Market, Spa Market and Cosmetics Surgery market, which forms an important part of the Indian cosmetics sector.
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