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Indian Cosmetic Market Set to Grow at 18% CAGR
by Shushmul Maheshwari on Apr 8, 2011
According to our research “Indian Cosmetic Sector Analysis (2009-2012)”, India has emerged as one of the industries holding huge potential for further growth. The Indian cosmetic industry is one of the rapidly growing industries. Due to the changing lifestyle and spreading consumer awareness, people have become more beauty conscious. Moreover, with increasing disposable income and product availability, the cosmetic sales in India is expected to surge at a CAGR of around 18% during 2011-2014.
Indian cosmetic market growth is accredited to female consumers, however the mind set of male consumers is also changing due to the increasing influence of media and Western exposure. The fast emerging men’s grooming products market has also boosted the cosmetic sector. Further, urban areas contribute the maximum to the overall cosmetic revenue, however the rural region still holds a huge potential for players. The key factor for future growth in the rural region will be low...Read More >>
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According to our research “Cosmetic and Personal Care Market in Brazil”, Brazil has emerged as one of the largest industries holding huge future growth potential. The Brazilian cosmetic and personal care industry is one of the rapidly growing industries. Due to changing lifestyle and rising consumer awareness, people have become more beauty conscious. Moreover, with the increasing disposable income and product availability, the cosmetic and personal care sales in Brazil is expected to surge at a CAGR of around 13% during 2011-2014.
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