Published on June 16, 2014
The cosmetic market of India is projected to mount owing to intensifying demand for multifunctional products. Fluctuating demand for personal care products coupled with intensification in male grooming segment to drive cosmetic ingredients market in India.
Over last few years, Indian personal care industry has been witnessing a brawny twofold figure augmentation as well as the industry for the next five years is offering huge escalation prospective for next five years.
Industry analyst said that the demand for creams and lotions with skin repair and anti-aging benefits is expected to augment the market share of emollients over the next five years.
The report reveals that the western region accounts for the largest manufacturing share of the country’s cosmetic care components market. Beauty products demand is intensifying in Indian market very rapidly.
The personal care market in the country is expected to impel with the emerging concept of BB creams and natural ingredients in cosmetic products. To create and promote products that assure a more beautiful you, industrialists are increasingly leveraging the fields of science and technology.
Report revealed that with the intensification of beauty industry in Indian market demand for chemicals such as N-Butanol, Acetone etc is also swelling. Industry analyst said that presently beauty industry is mounting with a healthy rate which will collect remarkable gain in a very short span of time.