Beauty & Personal Care - India

India

The Beauty & Personal Care market in India is projected to generate a revenue of US$31.56bn in 2024.
This market is expected to witness an annual growth rate of 2.76% (CAGR 2024-2029).
The largest segment within this market is the Personal Care segment, which is estimated to have a market volume of US$14.31bn in 2024.
When compared globally, in the United States leads in terms of revenue generation, with an estimated revenue of US$100bn in 2024.
In India, the per person revenue generated in the Beauty & Personal Care market is approximately US$21.89 in 2024, based on the total population figures.
Looking ahead, it is anticipated that online sales will contribute about 8.9% of the total revenue in the Beauty & Personal Care market by 2024.
The demand for natural and Ayurvedic beauty products is on the rise in India, as consumers prioritize traditional and organic ingredients.

Key regions: United States, Worldwide, India, Indonesia, Canada

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Analyst Opinion

The Beauty & Personal Care market is thriving and one of the fastest growing consumer markets, driven in particular by the Cosmetics and Skin Care segments. The main reason for this strong growth is the generational shift with young consumers entering the market. At the same time, this change is reinforced by social media, internationality, and eCommerce, which have a lasting effect on buying behavior when it comes to beauty products. Trends from all over the world are spreading and changing the daily beauty and care routine.