India Beauty and Wellness Market By Personal Care Products (Hair Care Products, Skin Care Products, Bath and Shower, and Oral Care), Cosmetics/Make-Up Product (Facial Cosmetics, Eye Cosmetic Products, Lip and Nail Make-Up Products, and Hair Styling and Coloring Products), and Distribution Channel (Specialist Retail Stores, Supermarkets/Hypermarkets, Convenience Stores, Pharmacies/Drug Stores, Online Retail Channels, and Others) - Trends, Analysis, and Forecasts till 2034

Report Code: PMI396120 | Publish Date: May 2024 | No. of Pages: 167

India Beauty And Wellness Market Overview

The beauty and wellness industry in India is booming, with tremendous potential for growth in 2018. It is said to be growing twice as fast as markets in the United States and Europe. India is also the second-largest consumer market in the world. According to a KPMG report, the size of India's beauty and wellness market is expected to touch Rs. 80,370 crores by 2017-2018. This includes the beauty products, beauty salon and spa businesses. The Spa Association of India estimates that the spa industry is currently valued at around Rs. 11,000 crores and will continue to grow at a fast pace. It is estimated that the salon and spa business together account for 31 per cent of the total size of the beauty and wellness market.

India Beauty And Wellness Market Drivers & Restraints

Nowadays everyone is becoming more conscious about their skin and tries different beauty products to maintain their either you could say healthy skin or beauty of the skin. Moreover, skin issues like pimples, oily skin, marks, dark circles, and many others have already set the market beyond target value. Increase the craze of socializing among youngsters and yes competition among girls is booming the overall market to fire. Also, people are more concern about their hygiene has also added tremendous growth to the market.  Advertising and commercialization have already set consumer sights on products. Furthermore, girls look up to everything for their head to toe such as skincare, color cosmetics, hair care, nail care, personal care, professional beauty, aesthetics & dermatology machines, essential oil & fragrances used in cosmetics, perfumery & deodorants, beauty packaging, cosmetic raw materials, in turn, giving enormous opportunity for target market. Indeed, the beauty business in India is not only booming but is expected to triple in the next five years. The herbal beauty business will continue to drive the growth of the beauty industry in India However, stringent regulation posed by the government regarding approval dermatologically tested is acting as a restraint for the target market.

India Beauty And Wellness Market Segmentations & Regional Insights

The India beauty and wellness market is segmented based on personal care products, cosmetics/make-up product, and distribution channel.

Based on personal care products, the India beauty and wellness market is segmented into hair care products, skincare products, bath and shower, and oral care. Based on cosmetics/make-up product, the target market is segmented into facial cosmetics, eye cosmetic products, lip and nail make-up products, and hairstyling and coloring products. Based on the distribution channel, the target market is segmented into specialist retail stores, supermarkets/hypermarkets, convenience stores, pharmacies/drug stores, online retail channels, and others.

India Beauty and Wellness Market, By Personal Care Products:

  • Hair Care Products
  • Skin Care Products
  • Bath And Shower
  • Oral Care

India Beauty and Wellness Market, By Cosmetics Make-Up Products:

  • Facial Cosmetics
  • Eye Cosmetic Products
  • Lip and Nail Make-Up Products
  • Hair Styling And Coloring Products

India Beauty and Wellness Market, By Distribution Channel:

  • Specialist Retail Stores
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Pharmacies/Drug Stores
  • Online Retail Channels
  • Others

India Beauty And Wellness Market Competitive Landscape & Key Players

The key players operating the global India Beauty and Wellness market involves Affinity Beauty Salon Private Limited, Colorbar Cosmetics Private Limited, Fitness First India Private Limited, Fitness One Group India Limited, Gold Fitness Private Limited, Jawed Habib Hair and Beauty Limited, L'Oréal India Private Limited, Lotus Herbals Private Limited, O2 Spa Salon Private Limited, and Shahnaz Ayurveda Private Limited. For instance, In April 2019, Lotus Herbals plans acquisitions, may sell a stake to raise funds. Lotus operates in the Rs 470-crore premium category, competing with L'Oreal's Garnier and HUL's Pond's.

India Beauty And Wellness Market Company Profile

  • Affinity Beauty Salon Private Limited
    • Company Overview 
  • Product Portfolio
    • Flexible Packaging Solutions Pty Ltd
    • Shahnaz Ayurveda Private Limited
    • O2 Spa Salon Private Limited
    • Lotus Herbals Private Limited
    • L'Oréal India Private Limited
    • Jawed Habib Hair and Beauty Limited
    • Gold Fitness Private Limited
    • Fitness One Group India Limited
    • Fitness First India Private Limited
    • Colorbar Cosmetics Private Limited
    • Key Highlights
    • Financial Performance

 “*” marked represents similar segmentation in other categories in the respective section

FAQs

The India beauty and wellness market is segmented based on personal care products, cosmetics/make-up product, and distribution channel.

Nowadays everyone is becoming more conscious about their skin and tries different beauty products to maintain their either you could say healthy skin or beauty of the skin. Moreover, skin issues like pimples, oily skin, marks, dark circles, and many others have already set the market beyond target value. Increase the craze of socializing among youngsters and yes competition among girls is booming the overall market to fire.

The prominent key operating in the global market have adopted key strategies such as collaborations, mergers, acquisitions, and partnerships to strengthen their market outreach and sustain the stiff competition in the market. For instance, In April 2019, Lotus Herbals plans acquisitions, may sell a stake to raise funds. Lotus operates in the Rs 470-crore premium category, competing with L'Oreal's Garnier and HUL's Pond's.