Worldwide cosmetic retailer, L’Oreal, is seeking to expand its current product offerings by acquiring Indian-based cosmetic and skincare companies.
India’s beauty and skincare market has seen tremendous growth over the past five years. Over the next four years, India’s skincare product market is expected to grow at a rate of 10.4% and its colored cosmetics market is expected to growth at a rate of 17.4%.
Increased demand has been driven by the younger population’s ability to purchase make-up and skincare products over the internet or on their smartphones, and by acquiring local Indian skincare and cosmetic companies, L’Oreal is looking to meet the rising demand. Amit Jain, managing director, says, “What’s of great interest to us is skin and make-up. These are the two areas that are still nascent in India, where we believe there are a lot of opportunities.”
Last updated: December 26th, 2025
