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Tuesday, August 24, 2021

India Coconut Oil-Based Cosmetics Market to be Driven by the Rising Living Standards, Rapid Urbanisation, Thriving Health and Personal Care Sector in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘India Coconut Oil-Based Cosmetics Market Report and Forecast 2021-2026’, gives an in-depth analysis of the India coconut oil-based cosmetics market, assessing the market based on its segments like type, application, premiumisation, distribution channel. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/india-coconut-oil-based-cosmetics-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): 247 KMT (In terms of Volume)
  • Forecast CAGR (2021-2026): 3.6%
  • Forecast Market Size (2026): 295 KMT (In terms of Volume)

Skin care accounts for a considerable portion of the market in terms of application. This is due to increased awareness of the benefits of utilising coconut oil-based skin care products. Because of its antioxidant characteristics, coconut oil has seen a surge in popularity in anti-aging products. It is used as a base ingredient in a variety of popular skin and hair care products. Additionally, coconut oil-based cosmetics alleviate inflammation, moisturise the skin, and prevent acne. As a result, they are in high demand in India’s beauty business. Coconut oil-based hair care products are expected to rise strongly in the country over the forecast period, owing to increased pollution in regions such as Delhi, Haryana, Uttar Pradesh, and Maharashtra, among others, since they are helpful in preventing hair damage. In the projection period, rising disposable income, increased competition among leading market participants in the cosmetics and personal care industry, and India’s economy’s slowing development rate are likely to boost market growth.

Industry Definition and Major Segments

Coconut oil-based cosmetics are cosmetics that have been infused with coconut oil to give them additional qualities. Anti-aging, acne protection, scar healing, skin protection, and anti-inflammation are just a few of these benefits. Lip balm, massage oil, hair oil, face packs, and face cream are just a few of the coconut oil-based cosmetics on the market.

Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/india-coconut-oil-based-cosmetics-market

By type, the market is divided into:

Based on application, the industry is segmented into:

The industry is categorised based on premiumisation into:

  • Mass
  • Mid Premium
  • Premium

On the basis of distribution channel, the industry is divided into:

  • Supermarket and Hypermarket
  • Grocery Stores
  • Cosmetics Shops
  • Chemists/Pharmacies
  • Online
  • Others

Market Trends

The market for coconut oil-based cosmetics in India is fueled by rising living standards, rapid urbanisation, a strong health and personal care sector, and the country’s high growth rate. Increased disposable income has made luxury and natural skin care products more affordable to the middle class, adding to increased demand. The market is likely to benefit from increased R&D initiatives by leading industry players and the growing popularity of coconut oil face masks throughout the projected period. Coconut oil face masks have been shown in several studies to be the best thing that can happen to your skin. Coconut oil with honey is good for dry skin, coconut oil with lemon is good for tanned skin, and coconut oil with baking soda is good for exfoliating. As a result, these factors are projected to boost demand for coconut oil-based cosmetics in India even further.

Key Market Players

The major players in the market are Dabur India Ltd., Patanjali Ayurved Limited, Beiersdorf AG, Kama Ayurveda Pvt. Ltd., Marico Ltd., Bio Veda Action Research Co., and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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Also check: Procurement Research

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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