Sectoral Capsule-Indian Beauty Care Market- A Snapshot

Jan, 2014   |   13  Pages   |   Gyan Research and Analytics   |   Format : PDF

The Indian wellness industry has evolved into a comprehensive system from its nascent beginning in the early 1990s. The key stakeholders of the industry are consumers, service providers, supporting industries and facilitators. In India, the young population comprises 34 percent of the total population and is the major consumer of this industry. Rise in disposable income and the desire to look good has influenced consumers to use wellness products.

The wellness industry has attracted a number of new domestic entrants and international players. Established players are looking to maximise revenue through extension of products and services in smaller towns. Franchising is emerging as a popular option for scaling up. Companies are actively seeking public and private equity investments to fuel their growth.

Beauty care products constitute the largest market share in the Indian wellness industry. Rise in disposable income and exposure to global brands have led to the growth of the market. Consumers are now willing to spend far more on reputed international brands as well as branded domestic products. The cosmetic product market acquired the lions share in the beauty care segment, followed by organised salons at 35 percent and cosmetic treatments at a mere 5 percent. Sub-segments such as haircare and skincare have the largest share within the cosmetic product market. However, the share of colour cosmetics, fragrances and

1. Wellness Industry in India

2. Market Segments
2.1 Classification of Market Segments

3. Beauty Care Products

4. Growth Drivers

5. Outlook

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