INDIAN COSMETIC INDUSTRY AT A GLANCE IN 2021 - 2022 India's Beauty and Personal Care Market is estimated to be USD 24.53 Billion in 2022 and is expected to reach USD 33.33 Billion by 2027, growing at a CAGR of
In relation to total population figures, per person revenues of US$4.14 are generated in 2022 by the Indian cosmetic industry. By 2022, 83% of sales in the Cosmetics segment will be attributable to Non-Luxury goods.
With Online sales of beauty products picking up, India’s cosmetic industry is supposed to be a 14$ billion market as of 2021. The rapid increase in internet retailing, a growing younger population, increased consumerism, westernisation of culture and high income growth has led the Indian cosmetic industry to reach a new milestone hitherto not reached.
