Replete with opportunities for both home-grown and international cosmetic companies, India's beauty market is experiencing a major boom. Currently valued at $6.5 billion, the market is projected to top $35 billion by 2035. Other positives for India's beauty market: it has a growth rate of 15-20% a year it's expanding...
India's Cosmetic Industry to Reach $35 billion by 2035
A joint study by industry body Assocham and Mumbai-based research agency Majestic Market Research Support Services, India, says India's cosmetics and grooming industry market size is expected to rise to $35 billion by 2035, with the consumption of cosmetics among teenagers increasing rapidly. Additionally, the herbal cosmetic industry is expected...