India’s Cosmetics Industry
India’s cosmetics industry may treble by 2020 India’s retail beauty and cosmetics industry, currently estimated at $950 million, is likely to almost treble to $2.68 billion by 2020, experts said. Annual growth in the Indian beauty and cosmetics markets is estimated to remain in the range of 15-20 per cent in the coming years, twice as fast as that of the US and European markets. Massooma, Editor at New Age Salon & Spa magazine and knowledge partner for ‘International Beauty Mart’ (IBM) 2014, believes awareness in India of the latest global beauty…
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