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