India Skincare Market Summary, Competitive Analysis and Forecast to 2029

Skincare in India industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

– The skincare market consists of the retail sale of facial care, body care, hand care, depilatories, and make-up remover products. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2024 exchange rates.

– The Indian Skincare market recorded revenues of $3,174.9 million in 2024, representing a compound annual growth rate (CAGR) of 4.6% between 2019–24.

– Market consumption volume increased with a CAGR of 3% between 2019–24, reaching a total of 1,155.2 million units in 2024.

– The healthy market growth during 2019–24 was largely driven by a growing population, rising disposable income of individuals, and consumer awareness of sustainable products and evolving purchasing habits.

Scope

– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the skincare market in India

– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the skincare market in India

– Leading company profiles reveal details of key skincare market players’ global operations and financial performance

– Add weight to presentations and pitches by understanding the future growth prospects of the India skincare market with five year forecasts

Reasons to buy

- What was the size of the India skincare market by value in 2024?

- What will be the size of the India skincare market in 2029?

- What factors are affecting the strength of competition in the India skincare market?

- How has the market performed over the last five years?

- What are the main segments that make up India's skincare market?

Companies mentioned

Unilever Plc

Himalaya Global Holdings Ltd

L'Oreal SA

Honasa Consumer Ltd

Table of Contents

Table of Contents

1 Executive Summary

1.1. Market value

1.2. Market value forecast

1.3. Market volume

1.4. Market volume forecast

1.5. Category segmentation

1.6. Geography segmentation

1.7. Market share

1.8. Market rivalry

1.9. Competitive landscape

2 Market Overview

2.1. Market definition

2.2. Market analysis

3 Market Data

3.1. Market value

3.2. Market volume

4 Market Segmentation

4.1. Category segmentation

4.2. Geography segmentation

4.3. Market distribution

5 Market Outlook

5.1. Market value forecast

5.2. Market volume forecast

6 Five Forces Analysis

6.1. Summary

6.2. Buyer power

6.3. Supplier power

6.4. New entrants

6.5. Threat of substitutes

6.6. Degree of rivalry

7 Competitive Landscape

7.1. Market share

7.2. Who are the leading players in the Indian skincare market?

7.3. Which companies have been most successful in increasing their market shares during 2019–24?

7.4. Which companies market shares have suffered over the same period?

7.5. What are the most popular brands in the Indian skincare market?

8 Company Profiles

8.1. Unilever Plc

8.2. Himalaya Global Holdings Ltd

8.3. L'Oreal SA

8.4. Honasa Consumer Ltd

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology

10.2. Industry associations

10.3. Related MarketLine research

10.4. About MarketLine

List of Tables

List of Tables

Table 1: India skincare market value: $ million, 2019–24

Table 2: India skincare market volume: million Units, 2019–24

Table 3: India skincare market category segmentation: % share, by value, 2019–24

Table 4: India skincare market category segmentation: $ million, 2019-24

Table 5: India skincare market geography segmentation: $ million, 2024

Table 6: India skincare market distribution: % share, by value, 2024

Table 7: India skincare market value forecast: $ million, 2024–29

Table 8: India skincare market volume forecast: million Units, 2024–29

Table 9: India skincare market share: % share, by value, 2024

Table 10: Unilever Plc: Key Facts

Table 11: Unilever Plc: Annual Financial Ratios

Table 12: Unilever Plc: Key Employees

Table 13: Himalaya Global Holdings Ltd: Key Facts

Table 14: Himalaya Global Holdings Ltd: Key Employees

Table 15: L'Oreal SA: Key Facts

Table 16: L'Oreal SA: Annual Financial Ratios

Table 17: L'Oreal SA: Key Employees

Table 18: L'Oreal SA: Key Employees Continued

Table 19: Honasa Consumer Ltd: Key Facts

Table 20: Honasa Consumer Ltd: Annual Financial Ratios

Table 21: Honasa Consumer Ltd: Key Employees

Table 22: India Size of Population (Million), 2020–24

Table 23: India Real GDP (Constant 2010 Prices, $ Billion), 2020–24

Table 24: India GDP (Current Prices, $ Billion), 2020–24

Table 25: India Inflation, 2020–24

Table 26: India Consumer Price Index (Absolute), 2020–24

Table 27: India Exchange Rate, 2019–24

List of Figures

List of Figures

Figure 1: India skincare market value: $ million, 2019–24

Figure 2: India skincare market volume: million Units, 2019–24

Figure 3: India skincare market category segmentation: $ million, 2019-24

Figure 4: India skincare market geography segmentation: % share, by value, 2024

Figure 5: India skincare market distribution: % share, by value, 2024

Figure 6: India skincare market value forecast: $ million, 2024–29

Figure 7: India skincare market volume forecast: million Units, 2024–29

Figure 8: Forces driving competition in the skincare market in India, 2024

Figure 9: Drivers of buyer power in the skincare market in India, 2024

Figure 10: Drivers of supplier power in the skincare market in India, 2024

Figure 11: Factors influencing the likelihood of new entrants in the skincare market in India, 2024

Figure 12: Factors influencing the threat of substitutes in the skincare market in India, 2024

Figure 13: Drivers of degree of rivalry in the skincare market in India, 2024

Figure 14: India skincare market share: % share, by value, 2024

    Pricing

Quick Buy
Add to basket Enquire before buying

Discounts available for multiple purchases.

reportstore@marketline.com
+44 20 7947 2960

Saved reports