The cosmetic market in India, that includes skin care, fragrances, color cosmetics, skin care, and oral care, and it has thoroughly outperformed leading cosmetic markets in the global market in terms of growth in the past. The Indian cosmetic market has been witnessing unbridled growth driven by improved spending power and rising consumer awareness about cosmetic products amid growing beauty consciousness. The total baseline size of the Indian retail beauty and cosmetics market is estimated at $1.5 billion, with fragrance holding the major share at it. Color cosmetics account for 14%, hair care - 19%, fragrances - 21%, skin care - 17%, herbal products - 9%, beauty services - 13%, others - 7%. If the overall beauty and wellness market is considered (including the beauty services), the market is estimated to be around $2.68 billion. Out of the whole lot, the fragrance sector is likely to show a sure shot rampant growth in the near future. The major industry sector to rule out in the country is in New Delhi, Jaipur, Ahmedabad, Mumbai, Hyderabad, Bangalore, Chennai and the other states being Goa, West Bengal.
