Indian beauty market to reach $28 billion by 2020

Foreign media reported that in the next 3-4 years, India will set off a wave of acquisitions, and small businesses and beauty brands such as D2C will be caught up in this trend.

Similarly, as the beauty market expands further and capital inflow grows, the Indian beauty market is expanding rapidly.

According to Traxcn data, in the past three months alone, India’s D2C beauty market has seen a significant increase in funding compared to 2020.

For example, Purplle beauty marketplace raised $45 million, a 22-fold year-over-year increase, and Juicy Chemistry, a brand at the forefront of digital sales, recently raised $6 million.

It is understood that India’s fast-moving consumer goods giants are testing the D2C beauty e-commerce space by snapping up stakes in startups , and India’s beauty e-commerce space will adapt to multiple models in the future.

In addition, according to a report by Avendus, the global beauty and personal care market is expected to reach US$725 billion by 2025. By then, the emerging Indian beauty market is expected to grow to US$28 billion.

Previous data also showed that India 's cosmetics and cosmeceuticals market is expected to grow at an annual rate of 25% and reach US$20 billion by 2025.

UBM India Managing Director said that the overall market share of the Indian cosmeceuticals and cosmetics industry is 6.5 billion, while the global market is 274 billion US dollars. It is expected that by 2025 , the market will grow at a compound growth rate of 25% to 20 billion US dollars.

Rising consumer beauty awareness , increasing premiums for personal beauty services, changing consumption patterns and lifestyles, and increased purchasing power among women are factors contributing to the growth of the industry.

Sakshi Chopra, head of Sequoia India , said that in the US market , almost 80% of beauty brands with revenues between $80 million and $100 million are acquired by four to five acquirers. As Indian beauty brands develop further, the M&A market in India will become more fertile.

In addition, by 2025, the global natural cosmetics market is expected to reach US$48.04 billion. A report released by Grand shows that the market will have a compound annual growth rate of 5.01% from 2019 to 2025 .

Rising demand for natural health and wellness products among millennials may also lead to an increase in R&D spending .

Cross-border e-commerce market

India