28 Oct
28Oct

According to the latest report by IMARC Group, titled "India Cosmetics Market Report by Product Type (Skin and Sun Care Products, Hair Care Products, Deodorants and Fragrances, Makeup and Color Cosmetics, Others), Category (Conventional, Organic), Gender (Men, Women, Unisex), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Pharmacies, Online Stores, Others), and Region 2025-2033," the report presents a thorough review featuring the India Cosmetics Market share, growth, trends, and research of the industry.

Market Size & Future Growth Potential:

The India cosmetics market size reached USD 14.6 Billion in 2024 and expects the market to reach USD 24.3 Billion by 2033, exhibiting a growth rate (CAGR) of 5.9% during 2025-2033.

Latest Market Trends:

The market is experiencing remarkable transformation driven by rising disposable incomes and rapid urbanization across the country. India is urbanizing at an unprecedented pace, with towns and cities projected to accommodate 600 million people by 2036, representing 40 percent of the total population. This urban migration is exposing consumers to contemporary beauty trends and fostering demand for innovative products that align with modern lifestyles.

Social media platforms have emerged as powerful catalysts reshaping consumer behavior and purchase decisions. With 462 million social media users in India, platforms like Instagram and YouTube have democratized beauty education, allowing consumers in tier-2 and tier-3 cities to access makeup tutorials and techniques previously available only in metropolitan areas. Influencer marketing has become a primary advertising channel, with investments now matching traditional advertising spending, fundamentally changing how brands connect with consumers.

The e-commerce revolution is significantly expanding market reach beyond traditional urban centers. The Indian e-commerce market is expected to surge from USD 123 billion in 2024 to USD 292.3 billion by 2028. Major platforms including Amazon, Flipkart, and specialized beauty retailers like Nykaa, Myntra, and Purplle are providing consumers with unprecedented product diversity, user-friendly interfaces, and doorstep delivery services. With 886 million active internet users representing an 8 percent year-on-year growth, digital platforms are becoming the primary channel for product discovery and purchase.

The men's grooming segment is witnessing explosive growth as societal attitudes evolve and self-care becomes mainstream among male consumers. Urban men are increasingly investing in specialized grooming products spanning beard care, skincare, hairstyling, and fragrances, driven by changing perceptions of masculinity and social media influence. This segment is creating lucrative opportunities as brands develop tailored product lines addressing specific needs of male consumers.

India's middle class is experiencing significant expansion, projected to reach 61 percent of the total population by 2047. This demographic shift is creating a substantial consumer base with enhanced purchasing power and increased spending on personal grooming and beauty products. The expansion of organized retail, including supermarkets, hypermarkets, and specialty stores, coupled with the proliferation of online channels, is ensuring widespread product availability across both metropolitan and smaller cities.

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Market Scope and Growth Factors:

The scope of the market is broadening significantly as consumers across demographics increasingly recognize beauty and grooming as integral components of daily wellness rather than occasional luxuries. Consumer preferences are shifting decisively toward natural, organic, and chemical-free formulations, reflecting heightened awareness about ingredient safety and environmental sustainability. The India skincare market alone is projected to expand from USD 8.4 billion in 2024 to USD 17.1 billion by 2033, demonstrating the substantial demand for effective skincare solutions.

Traditional Ayurvedic and herbal formulations are experiencing a renaissance, with consumers gravitating toward ingredients like turmeric, neem, sandalwood, and ashwagandha. This cultural affinity for botanical ingredients is encouraging brands to combine plant-based formulations with modern biotechnology actives, creating products that resonate with both traditional values and contemporary efficacy standards. The clean beauty movement is gaining momentum, with brands offering toxin-free, ethically produced products with sustainable packaging winning preference among millennials and Gen Z consumers.

Government initiatives are playing a catalytic role in market development. The Production Linked Incentive (PLI) Scheme for manufacturing is boosting domestic product development and encouraging local production capabilities. The government permits 100 percent FDI in single-brand retail, attracting international beauty brands to establish and expand operations in India. Additionally, skill development programs like Pradhan Mantri Kaushal Vikas Yojana (PMKVY) are ensuring trained personnel for the beauty and wellness sector, supporting the growth of branded salon chains and professional services across tier-2 cities.

The regulatory framework has become more robust with the Central Drugs Standard Control Organization (CDSCO) and Bureau of Indian Standards (BIS) implementing stricter quality and safety standards. These measures, while raising compliance costs, are enhancing consumer confidence and establishing India as a credible market for both domestic and international brands. The digitalization of regulatory processes is streamlining application procedures and improving efficiency for industry stakeholders.

Innovation in product formats is reshaping consumer experiences. Brands are introducing multifunctional products such as serum-in-oil blends, waterless beauty formulations, sheet masks, and stick masks that offer convenience and targeted benefits ideal for on-the-go lifestyles. The emphasis on ingredient transparency, clinical testing, pH-balanced formulas, and science-backed claims is resonating with increasingly informed consumers who demand evidence supporting product efficacy.

Recent News and Developments:

  • In August 2025, Rihanna's beauty label Fenty entered into an exclusive partnership with Reliance Retail, launching makeup and skincare lines at Sephora India and Tira Beauty. Products became available across 50 outlets in 16 cities, marking a significant entry into India's premium beauty market.
  • In April 2025, Ananya Birla launched LOVETC, a new color cosmetics brand representing the Aditya Birla Group's strategic entry into India's rapidly growing cosmetics segment. The brand initially launched on dedicated direct-to-consumer platforms and Nykaa's online store, with plans to expand across 200 physical stores in multiple cities.
  • In December 2024, Nykaa exclusively launched South Korea's skincare label Numbuzin in India, offering a 30-item range focused on numbered, targeted K-beauty routines, demonstrating the growing influence of Korean beauty trends on Indian consumers.
  • In May 2025, Lotus Herbals introduced Lotus Derma Botanics, positioned as India's first "dermaceutical" brand blending clinical actives with botanical extracts, addressing the growing demand for scientifically-backed natural products.
  • In January 2025, Skinvest relaunched its signature CEO Serum with an upgraded formulation featuring 25 active ingredients, reflecting the trend toward highly concentrated, ingredient-led products.
  • In April 2024, Emami acquired full ownership of The Man Company for USD 21.1 million by acquiring the remaining 49.6 percent shares in Helios Lifestyle, strengthening its position in the men's grooming segment.
  • In April 2024, Bengaluru-based AFFOREST launched India's first-ever Jackfruit Skincare Range, featuring innovative formulations including foaming cleanser, gel crème moisturizer, and under-eye crème, showcasing the innovation in natural ingredient exploration.
  • In July 2024, American brand Kylie Cosmetics and Coty Inc.'s Max Factor entered the Indian market, launching their global bestsellers including lipsticks, mascara, and foundations, demonstrating continued international brand interest in India's expanding beauty landscape.

Comprehensive Market Report Highlights & Segmentation Analysis:

We explore the factors propelling the Indian cosmetics market growth, including technological advancements, consumer behaviors, and regulatory changes.

Segmentation by Product Type:

  • Skin and Sun Care Products
  • Hair Care Products
  • Deodorants and Fragrances
  • Makeup and Color Cosmetics
  • Others

Segmentation by Category:

  • Conventional
  • Organic

Segmentation by Gender:

  • Men
  • Women
  • Unisex

Segmentation by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Pharmacies
  • Online Stores
  • Others

Segmentation by Region:

  • South India
  • North India
  • West and Central India
  • East India

Competitor Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/india-cosmetics-market

Key highlights of the Report:

  • Historical Market Performance
  • Future Market Projections
  • Impact of COVID-19 on Market Dynamics
  • Industry Competitive Analysis (Porter's Five Forces)
  • Market Dynamics and Growth Drivers
  • SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats)
  • Market Ecosystem and Value Creation Framework
  • Competitive Positioning and Benchmarking Strategies

Major Advantages of the Report:

  • This report provides market leaders and new entrants with accurate revenue estimates for the overall market and its key subsegments.
  • Stakeholders can leverage this report to gain a deeper understanding of the competitive landscape, enabling them to strategically position their businesses and develop effective go-to-market strategies.
  • The report provides stakeholders with valuable insights into the market dynamics, offering a comprehensive analysis of key drivers, restraints, challenges, and opportunities.

Discuss Your Needs with Our Analyst -- Inquire or Customize the Report:

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  • Extensive Industry Expertise
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Note: Should you require specific information not included in the current report, we are pleased to offer customization options to meet your needs.

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