Market Research Report
India Retail Cosmetics Market By Type (Body Care, Hair Care, Color Cosmetics, Men's Grooming, Fragrances & Others), By Distribution Channel (Modern Trade, General Stores, Exclusive/Speciality Stores & Others), Competition Forecast & Opportunities, 2024
|Published by||TechSci Research||Product code||616089|
|Published||Content info||70 Pages
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|India Retail Cosmetics Market By Type (Body Care, Hair Care, Color Cosmetics, Men's Grooming, Fragrances & Others), By Distribution Channel (Modern Trade, General Stores, Exclusive/Speciality Stores & Others), Competition Forecast & Opportunities, 2024|
|Published: July 1, 2019||Content info: 70 Pages||
India retail cosmetics market was valued over $ 10441 million in 2018 and is projected to grow at a CAGR of over 16%, to reach around $ 25987 million by 2024. Growing disposable income of the population, emergence of online retail and increasing inclination of men towards skin care and other grooming products is expected to drive the retail cosmetics market during forecast period. Moreover, rising consumer awareness, preference to buy advanced skin care products which not only make them look beautiful but also enhance their skin type along with increasing inclination of youth population towards color cosmetics is further anticipated to drive India retail cosmetic market in the coming years.
Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
Some of the major players operating in the India retail cosmetics market are: Hindustan Unilever Ltd., Emami Limited, L'Oreal India Pvt. Ltd., Godrej Consumer Product Limited, Dabur India Ltd., Gillette India Limited, Procter and Gamble Hygiene and Healthcare Ltd., Himalaya Drug Company, Modi Revlon Pvt. Ltd., Marico Ltd., Vini Cosmetics Pvt. Ltd., and Nivea India Pvt. Ltd.
TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of cosmetics manufacturers and suppliers in India. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. TechSci Research analysed product offerings, distribution channel and regional presence of all major companies in the industry.
TechSci Research calculated the market size for the India retail cosmetics market using a bottom-up approach, wherein manufacturers' value data for different type (Body Care, Hair Care, Color Cosmetics, Men's Grooming, Fragrances and Others), of cosmetics was recorded as well as forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company annual reports, white papers, investor presentations and financial reports were also studied by TechSci Research.
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as manufacturers, distributors, dealers and policymakers, about which market segments should be targeted over retail cosmetics outlets in coming years to strategize investments and capitalize on growth of the market.
In this report, India retail cosmetics market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in the India retail cosmetics market
Product Benchmarking: Benchmarking of most selling variant of all leading companies based on product type. In-depth analysis of benchmarking and recommendation on ideal product specifications.
Customer analysis by considering the major factors influencing the purchasing decision.
With the given market data, TechSci Research offers customizations according to the company's specific needs. The following customization options are available for the report:
Detailed list of distributors and dealers across the country.
Detailed analysis and profiling of additional market players (up to five).
Detailed analysis of new products in the market and their driving forces in the market.