Indian Cosmetics Industry Overview:
In 2024, the Indian cosmetics market is valued at USD 14.6 billion.
The beauty and personal care industry in India was valued at USD 21 billion in 2023.
The IMARC Group estimates the market to reach USD 24.3 billion by 2033.
Industry Growth Drivers:
The industry is thriving due to rising disposable incomes, increased consumer aspirations, and the influence of social media and e-commerce.
The market is expected to grow at a CAGR of 5.9% from 2025 to 2033.
Popular Cosmetics Brands in India:
Lakme is a leading Indian cosmetics brand.
Colorbar is another prominent Indian makeup brand.
MyGlamm and Nykaa are popular vegan-friendly and cruelty-free cosmetics brands.
Market Segmentation:
The Indian cosmetics market is divided into three key segments: rural, urban, and semi-urban.
The industry continues to grow steadily, fueled by international, national, and local manufacturing brands.
Our Vision:
Our primary aim is to establish local manufacturing units in India to empower millions of new entrepreneurs in the future.
We offer a wide range of financial services, including tailored solutions for working capital, machine finance, and plant finance, to support businesses in this thriving sector.
How Akshya Fincon Helps:
Akshya Fincon provides regular and comprehensive financial services to support growth and innovation within the cosmetics industry.
For more information, please feel free to call or WhatsApp us at 9511180112, or email us at info@aflfinctech.com.
