India skin care market stood at $ 1.6
billion in 2017 and is projected to grow at a CAGR of 9% to reach $ 2.7 billion
by 2023, on the back of rising
disposable income, increasing demand for skin care products across all age
groups, especially young population, and growing awareness among consumers
about various skin care products. Moreover, rising number of working women is
leading to higher demand for personal care product. Emergence of online brands
such as Nykaa and Purplle along with increasing internet users is resulting in
growing presence of online retail in the country’s skin care market. Additionally,
rising consumer demand for skin care products is pushing manufacturers to come
up with new product launches, thereby further propelling growth in India skin
care market.
Years considered for this report:
Historical Years:
2013-2016
Base Year: 2017
Estimated Year:
2018
Forecast Period:
2019–2023
Objective of the Study:
- To analyze and forecast India skin care market size.
- To define, classify and forecast India skin care market on
the basis of product type, origin, distribution channel, region and state.
- To scrutinize the detailed market segmentation and
forecast the market size on the basis of product type, namely – Facial
Care and Body Care.
- To analyze and forecast the market share for skin care with
respect to distribution channel, namely: Exclusive Beauty Specialist
Stores, Multi Branded Beauty Specialist Stores, Supermarkets/Hypermarkets,
Online Channels, Traditional Trade and Others.
- To analyze and forecast the market share for skin care with
respect to region, namely: North, East, West and South.
- To identify tailwinds and headwinds for India skin care market.
- To strategically profile the leading players in the
market, which are involved in the supply of skin care market in the
country.
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India skin care market is controlled by these major players,
namely– Hindustan
Unilever Limited, The Himalaya Drug Company, Emami Limited, Johnson &
Johnson (India) Ltd, Oriflame India Private Limited, Nivea India Pvt. Ltd.,
Amway India Enterprises Private Limited, Procter & Gamble Home Products
Private Limited, Lotus Herbals Limited, etc.
TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of skin care manufacturers
and suppliers. 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 the manufacturers which could not be identified due to the
limitations of secondary research. TechSci Research analyzed the product
offerings, end use sector and regional presence of all major skin care suppliers in the
country.
TechSci Research calculated the market size for India skin
care market using a bottom-up approach, wherein manufacturers value shares data
for product types (Facial Care and Body Care) were recorded and forecast for
the future years. 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 secondary sources directories,
databases such as Company Annual Reports, World Bank, Industry Magazines,
Retailers Association of India, Industry Reports, IBEF, News Dailies, Credible
Paid Databases, Proprietary Database, etc. were also studied by TechSci
Research.
Key Target Audience:
- Skin care manufacturers, importers, distributors and other
stakeholders
- Organizations, forums and
alliances related to skin care
- Government bodies such as
regulating authorities and policy makers
- Market research and
consulting firms
The study is
useful in providing answers to several critical questions that are important
for the industry stakeholders such as skin care manufacturers, distributors and
dealers, customers and policy makers. The report also provides insight about
which market segments should be targeted over the coming years in order to
strategize investments and capitalize on the growth of the market segment.
Report Scope:
In this report, India
skin care market has been segmented into the following categories in addition
to the industry trends which have also been detailed below:
- Market, By Product Type:
- Market, By Origin:
- Market, by Distribution
Channel:
- Exclusive Beauty Specialist
Stores
- Multi Branded Beauty Specialist
Stores
- Supermarkets/Hypermarkets
- Online Channels
- Traditional Trade
- Others
- Market, By Region:
- Market, By Company:
- Hindustan
Unilever Limited
- L’Oreal
India Pvt. Ltd.
- Emami
Limited
- Johnson
& Johnson (India) Ltd
- Others
Competitive
Landscape
Company Profiles: Detailed
analysis of the major companies present in India skin care market.
Voice of Customers: Brand awareness, Preferred mode of
buying, source of information, average monthly expenditure on skin care
products, factors influencing purchase decision are the major factors impacting
the buying decision related to skin care products.
Available Customizations:
With the given
market data, TechSci Research offers customizations according to a company’s
specific needs. The following customization options are available for the
report:
Channel Partner
Analysis
- Detailed list of
distributors and dealers across all major states.
Company
Information
- Detailed analysis and
profiling of additional market players (up to five).
In
case you don’t find what, you are looking for, please get in touch with our
custom research team at sales@techsciresearch.com