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Healthcare Industry: India Cosmeceuticals Industry Research Report

Posted Mar 10, 2014 by rajbksh
There is a strong hold of international companies in domestic market driven by strong R&D and product innovation platform however penetration rate is low due to higher pricing of the brands.

FOR IMMEDIATE RELEASE (Press Release) Mar 10, 2014 -- In the Indian culture, for ages there have been regular innovations to have a healthy and beautiful skin. Thus, with the innovations and the new products launched along with higher demand for medicated cosmetic products, this industry has showcased substantial growth from 2007-2012. Incline in the emergence of several companies manufacturing cosmeceutical products in India, preference to use clinically tested products as against products that do not have any safety measures were few of the major growth drivers for the cosmeceuticals industry in the country. The cosmeceutical industry in India comprises of various international companies and few national and local conglomerates.

A transition that cosmeceutical industry in India has witnessed in the recent past was the demand for fairness creams, acne, anti-aging creams from the male segment of the population across India. It is anticipated that in the future ahead the male segment of the population will stand abreast with the female population in the cosmeceutical products market. The urban population in India will grow at an average year on year growth rate of 2.7% from 2012-2017. This will strengthen the demand for medicated skin care and hair care products among the Indian youth and higher age-group people, which will intensify the overall cosmeceuticals industry in the country.

The Indian cosmeceutical industry is witnessing high demand for skincare products and recent shift in demand has been noticed from male population. The report on “India Cosmeceuticals Industry Outlook to 2017 - Rising Demand for Skin Care Products to Propel Growth” draws attention to major events taking place in the domestic market and contribution of factors involved. The study will direct investment bankers, industry associations and strategists and cosmeceuticals products manufacturers to form strategies on the basis of present and future expected trends.

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Contact Person: Ankur Gupta
E-mail: [email protected]
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Contact Email :
Issued By : Ankur Gupta
Website : Ken Research
Phone : +91 9015378249
Business Address : 109-110, NDM II, Netaji Subhash Place, Pitampura, New Delhi - 110034, India
Country : India
Categories : Health, Industry
Tags : Medicated, Skin, Care, cosmetics, treatments
Last Updated : Mar 10, 2014

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