India: Market for Beauty, Make-Up And Skin Care Preparations 2024

Market Size for Beauty, Make-Up And Skin Care Preparations in India

The Indian market for beauty, make-up and skin care preparations dropped to $X in 2023, falling by X% against the previous year. Overall, the total consumption indicated perceptible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Production of Beauty, Make-Up And Skin Care Preparations in India

In value terms, production of beauty, make-up and skin care preparations stood at $X in 2023 estimated in export price. Over the period under review, the total production indicated a perceptible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

Exports of Beauty, Make-Up And Skin Care Preparations

Exports from India

For the third consecutive year, India recorded growth in overseas shipments of beauty, make-up and skin care preparations, which increased by X% to X tons in 2023. Over the period under review, exports saw a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of beauty, make-up and skin care preparations surged to $X in 2023. Overall, exports posted prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates (X tons) was the main destination for exports of beauty, make-up and skin care preparations from India, with a X% share of total exports. Moreover, exports of beauty, make-up and skin care preparations to the United Arab Emirates exceeded the volume sent to the second major destination, the United States (X tons), fourfold. The third position in this ranking was taken by Saudi Arabia (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Saudi Arabia (X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for beauty, make-up and skin care preparations exports from India, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by Nepal, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Nepal (X% per year).

Export Prices by Country

The average export price for beauty, make-up and skin care preparations stood at $X per ton in 2023, growing by X% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, export price for beauty, make-up and skin care preparations increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2017 an increase of X%. The export price peaked at $X per ton in 2019; however, from 2020 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nepal ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Beauty, Make-Up And Skin Care Preparations

Imports into India

For the third consecutive year, India recorded growth in purchases abroad of beauty, make-up and skin care preparations, which increased by X% to X tons in 2023. In general, imports recorded a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of beauty, make-up and skin care preparations skyrocketed to $X in 2023. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), the UK (X tons) and South Korea (X tons) were the main suppliers of imports of beauty, make-up and skin care preparations to India, together accounting for X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constituted the largest supplier of beauty, make-up and skin care preparations to India, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by South Korea, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from the UK totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and South Korea (X% per year).

Import Prices by Country

The average import price for beauty, make-up and skin care preparations stood at $X per ton in 2023, surging by X% against the previous year. In general, import price indicated prominent growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, import price for beauty, make-up and skin care preparations increased by X% against 2021 indices. The growth pace was the most rapid in 2022 when the average import price increased by X% against the previous year. The import price peaked in 2023 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform