Lipstick Business In India
India is home to several domestic and international lipstick brands.
Lipstick business in india. According to a survey carried out by ac nielson the lipstick market in india is estimated at 116 crore. A matte lipstick will give your lips a non shimmery look. Being a well distinguished company in the market we are in offering pink lipstick. In 2018 europe accounted for about 36 6 of the market.
Lipstick manufacturing business how to make lipstick top best small manufacturing business ideas in india in hindi to start. The lipstick index a typical marker of slowdown in western markets seems to have hit india with the colour cosmetics market reporting double digit growth even as sectors like automobiles and real estate are witnessing a slowdown. According to a report in times of india both lakme and l oreal clocked double digit growth rates indicating at the lipstick index. In the last year net box office collections grew to rs 5 613 crore witnessing.
Check the type before you buy it. Our organization is one of the trusted business names involved in processing manufacturing exporting and supplying a comprehensive range of cosmetic products under our brand bonjour paris formulated as per the international quality standards the products we offer are highly effective and skin friendly. The lipstick market is valued at 9 2 billion in 2018 is expected to grow at a cagr of 6 6 during the forecast period 2019 2024. The organized sector mostly consists of the top lipstick brands in india.
The major factors contributing in the growth of the market include rising demand for lipsticks from working women and inclination toward e commerce beauty websites. In india while consumers are said to be delaying big ticket purchases like an automobile or a consumer durable they find disposable income for small indulgences like a lipstick. A creme lip color will make your lips look subtle and creamy.
Filmed entertainment is one of the largest segments in india s media and entertainment sector in terms of revenue. Lipstick market size is expected to reach 12 5 billion by 2026 registering a cagr of 5 5. Out of this the organized sector contributes almost 78 crores.