Indian cosmetics market anticipated to register CAGR of around 17% during 2011-2015 period amid nation's rising beauty concerns, according to new report
November 13, 2012
(Chemical Business Newsbase)
– The Indian cosmetics sector is expected to expand in the future because of increasing purchasing power and growing fashion consciousness in India, according to a new research report by RNCOS "Indian Cosmetic Sector Forecast to 2015." The research revealed that rising western culture's influence and robust media promotion are also the major factors driving the cosmetics sector in India. Rising beauty concerns among both men and women in the country will mainly contribute to the growth of Indian cosmetic market, which is anticipated to register a CAGR of around 17% during 2011-2015. Evaluating the Indian Cosmetics Market, which is segmented into hair care, skin care, oral care, fragrance and colour cosmetics, the report gives detailed analysis and forecast of the Indian cosmetics market. The report provides a study on sub-segments which are further divided into various segments, such as shampoo, hair conditioner, hair gel, hair colour, face creams/lotions, talcum powder, face wash, tooth paste and powder, tooth brush, and mouth wash. Original Source: RNCOS, 2012. Found on website: http://www.specialchem4cosmetics.com.