India Cosmetics Market Size & Outlook, 2026-2033

The cosmetics market in India is expected to reach a projected revenue of US$ 53.4 million by 2033. A compound annual growth rate of 9.1% is expected of India cosmetics market from 2026 to 2033.
Revenue, 2025 (US$M)
$26.7
Forecast, 2033 (US$M)
$53.4
CAGR, 2026 - 2033
9.1%
Report Coverage
India

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India cosmetics market, 2021-2033 (US$M)

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India cosmetics market highlights

  • The India cosmetics market generated a revenue of USD 26.7 million in 2025 and is expected to reach USD 53.4 million by 2033.
  • The India market is expected to grow at a CAGR of 9.1% from 2026 to 2033.
  • In terms of segment, skin care was the largest revenue generating product in 2025.
  • Hair Care is the most lucrative product segment registering the fastest growth during the forecast period.


Cosmetics market data book summary

Market revenue in 2025USD 26.7 million
Market revenue in 2033USD 53.4 million
Growth rate9.1% (CAGR from 2026 to 2033)
Largest segmentSkin care
Fastest growing segmentHair Care
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationSkin Care, Hair Care, Makeup, Fragrance
Key market players worldwideCoty Inc Class A, L'Oreal SA, The Estee Lauder Companies Inc Class A, Revlon, Avon Products, Unilever PLC, Seven & i Holdings Co Ltd, Godrej, Procter & Gamble Co, Beiersdorf AG, Henkel AG & Co KGaA, Kao Corp, Mizuno Corp


Other key industry trends

  • In terms of revenue, India accounted for 8.1% of the global cosmetics market in 2025.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2033.
  • In Asia Pacific, China cosmetics market is projected to lead the regional market in terms of revenue in 2033.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 53.4 million by 2033.

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Cosmetics Market Companies

Name Profile # Employees HQ Website
Seven & i Holdings Co Ltd View profile 157177 8-8, Nibancho, Chiyoda-ku, Tokyo, Japan, 102-8452 http://www.7andi.com
Revlon View profile 1001-5000 New York, New York, United States, North America https://www.revlonanz.com
Avon Products View profile 10001+ London, England, United Kingdom, Europe https://www.avon.co.in
Godrej View profile 10001+ Mumbai, Maharashtra, India, Asia https://www.godrej.com
Mizuno Corp View profile 5310 1-12-35 Nanko-Kita Suminoe-ku, Osaka-shi, Japan, 559-8510 http://www.mizuno.co.jp
Kao Corp View profile 42450 14-10, Nihonbashi Kayabacho 1-chome, Chuo-ku, Tokyo, Japan, 103-8210 http://www.kao.com
Henkel AG & Co KGaA View profile 48000 Henkelstrasse 67, Duesseldorf, NW, Germany, 40589 https://www.henkel.com
The Estee Lauder Companies Inc Class A View profile 62000 767 Fifth Avenue, New York, NY, United States, 10153 https://www.elcompanies.com
L'Oreal SA View profile 94605 41, Rue Martre, Clichy Cedex, Paris, France, 92117 https://www.loreal.com
Coty Inc Class A View profile 11350 350 Fifth Avenue, New York, NY, United States, 10118 https://www.coty.com
Beiersdorf AG View profile 21958 Unnastrasse 48, Hamburg, Germany, 22529 https://www.beiersdorf.com
Unilever PLC View profile 128377 100 Victoria Embankment, London, United Kingdom, EC4Y 0DY https://www.unilever.com
Procter & Gamble Co View profile 107000 One Procter and Gamble Plaza, Cincinnati, OH, United States, 45202 https://www.pginvestor.com

India cosmetics market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cosmetics market will help companies and investors design strategic landscapes.


Skin care was the largest segment with a revenue share of 49.06% in 2025. Horizon Databook has segmented the India cosmetics market based on skin care, hair care, makeup, fragrance covering the revenue growth of each sub-segment from 2021 to 2033.


India is moving from unorganized, informal markets to large-scale organization of the retail sector in major Indian cities as well as Tier II towns and cities. The cosmetics market is one of the fastest-growing consumer product sectors in India and holds strong potential for major as well as emerging players in the industry.

According to the India Brand Equity Foundation, India is experiencing a surge of global beauty brands, capitalizing on the nation's sizable youthful population and increasing disposable income for their forthcoming growth phase.

The demand for beauty products, spanning makeup, hair care, fragrances, and more, is rapidly increasing, driven by the influence of social media, aspirational consumption in smaller cities, and expanding e-commerce accessibility.

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Target buyers of India cosmetics market databook

  • Our clientele includes a mix of cosmetics market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the India cosmetics market , including forecasts for subscribers. This country databook contains high-level insights into India cosmetics market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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India cosmetics market size, by product, 2021-2033 (US$M)

India Cosmetics Market Outlook Share, 2025 & 2033 (US$M)

India cosmetics market size, by product, 2021-2033 (US$M)

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