Beauty and Personal Care Industry set for Exponential growth
India’s premium B2B exhibition on beauty and wellness raises its curtain to reveal the latest trends in the industry. Provides a holistic platform for brands, business owners and industry drivers to network and give birth to business expansions
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March 27, 2017; Mumbai, India:The fast moving consumer goods (FMCG) segment is the fourth largest sector in the Indian economy. The market size of FMCG in India is estimated to grow to US$ 74 billion in 2018. The personal care industry makes up 22 percent of India’s market for consumer package goods and experts agree that India is full of opportunities and is a potential gold mine for many beauty and personal care companies. Considering the growth potential of the industry, the internationally renowned organizers of various B2B and B2C exhibitions, Sumansa Exhibitions have launched Beauty India; an exclusive B2B exhibition catering to the needs of the beauty, cosmetics and personal care industries.
Beauty India’s debut edition opened in Mumbai at Bombay Exhibition Center, Goregaon on Monday, March 27th and is running until March 29th, 2017. The entry to the exhibition is free and show timings are from 10 am to 6 pm for all three days.
Popular Bollywood style icon and actor Malaika Arora and Lakmé Lever India CEO, Pushkaraj Shenai jointly inaugurated the exhibition that hosts over 75 exhibitors representing skin care & hair care (both professional, wellness and personal product lines), colour cosmetics, personal care products, nail care and accessories, professional equipment and Spa, fragrance and machinery, packaging and raw material suppliers among others.
Appreciating the initiative, Malaika Arora said: “An exhibition to cater to the booming beauty and cosmetics industry is the need of the hour. I am delighted to see this wonderful showcase and happy to be part of its inaugural edition. Looking well-groomed is part of our lives, and Indians understand that very well. The Beauty India exhibition simply reflects our thriving beauty industry and the potential that it holds for the global brands. With a population of over 1.3 billion, the opportunities for exhibitors to make inroads in this market are endless and extremely lucrative. This is a great platform to find partnerships and build on brand value”.
Further speaking answering to the media questions she said that she herself is an entrepreneur associated for an online fashion brand . Further when a question was put up to her by a media person as to who besides her and Kareena Kapoor Khan is a natural beauty in Bollywood , she was in a fix but she did ans that according to her Madhuri Dixit and Deepika Pudkone both are Natural Beauty Ladies . Talking about her future aspirations she said that she aspires to open an restautant of her own some day . You can watch a snippet of the press con by clicking on the link .
Prominent exhibitors at the show include Lakme India, L’Oreal India, Ozone Ayurveda, AcronPlast, Berina, EsselPropack, Shilpa Cosmetics, Veera Fragrances, Wespro Corporation, SSCPL Herbals, Skin Secrets, Sanex Packaging Connection, Nyassa Spa Products, All India Cosmetic Manufacturers Association, All India Hair and Beauty Association, Cospack India, Headstart International, Strands Salon, N.V. Organics, Forever Beauty care amongst many others. The exhibitor list also includes companies from China, Germany, Indonesia, Korea, Poland and UAE.
According to industry experts, the market size of India’s beauty, cosmetics and grooming market will touch 20 billion dollars by 2025 from the current level of 6.5 billion dollars. The rising awareness of personal care products, growing disposable incomes, changes in consumption patterns and lifestyles, and improved purchasing power of women, promises exciting times for the personal care industry. These trends are anticipated to boost the personal care market in India and raise the consumption of personal care products and services, thereby offering extensive opportunities for domestic and international players.
For further details, please visit www.beautyindiashow.com