Cosmetic Industry Round Up (24/04/16 to 29/04/16)

Indian beauty and wellness industry is anticipated to be double in the coming years. Indian beauty industry is growing with a very fats rate of knot. Even in the great recession time when consumers are much price conscious they never stop to spend on the cosmetic products. So in today’s environment of rising per capita incomes the beauty business is booming.

Now a days to look good is necessary and to spend on beauty products is necessity. Presently demand for skin care and hair products are growing with a rapid pace. This growth is being driven in part by a generally increasing awareness of the importance of skin care, but also specifically due to an increase in the market for men.

Presently in India so many trends are driving the growth of beauty segment. Organic products produced in a sustainable manner and greater availability of information about the benefits are driving growth, Parents are willing to pay a premium to make sure their kids have the proper skin protection which is source of increased demand of baby products.

With the attractive products and low cost offers demand for cosmetic items growing rapidly. On the back of this Indian beauty industry will have effective opportunities for remarkable growth in near term also.

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Sources :- http://www.globalchemicalprice.com/industry-overview/cosmetic-industry-round-up-24-04-16-to-29-04-16