Bharat Book Bureau Provides the Trending Market Research Report on “India Coconut Oil-Based Cosmetics Market Report and Forecast 2023-2028”under Consumer Goods Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.
India Coconut Oil-Based Cosmetics Market Report and Forecast 2023-2028
Market Outlook
The India coconut oil-based cosmetics market attained a value of INR 10127 crore in 2022. Aided by the rising consumer awareness about the benefits of natural ingredients and the increasing demand for chemical-free beauty products, the market is expected to grow at a CAGR of 6.1% between 2023 and 2028 to reach a value of INR 14293.87 crore by 2028.
Coconut oil-based cosmetics are beauty products formulated with coconut oil as a primary ingredient, owing to its numerous skincare and haircare benefits. These products are well-liked by customers looking for natural substitutes to conventional cosmetics because of their moisturising, nourishing, and anti-ageing qualities. The market for coconut oil-based cosmetics includes a range of goods, including makeup removers, hair oils, and creams and lotions for the skin.
The growing consumer awareness about the benefits of natural ingredients in cosmetics is a key factor driving the India coconut oil-based cosmetics market growth. Consumers are becoming increasingly conscious of the potential harmful effects of synthetic chemicals in beauty products and are opting for products with natural ingredients, such as coconut oil. The rising demand for chemical-free beauty products is also propelling the market growth, as more consumers seek safe and effective alternatives to traditional cosmetics.
Furthermore, the expanding middle-class population in India, coupled with increasing disposable income, is contributing to the India coconut oil-based cosmetics market expansion. This demographic shift has led to higher spending on personal care and beauty products, boosting the demand for coconut oil-based cosmetics. Additionally, the growing penetration of e-commerce platforms and social media is facilitating easier access to these products, further accelerating market growth.
Social media platforms and celebrity endorsements play a significant role in driving the demand for coconut oil-based cosmetics in India. Beauty influencers and celebrities often promote the use of natural ingredients in personal care and beauty products, leading to increased consumer interest in coconut oil-based cosmetics. Furthermore, the advent of social media platforms, such as Instagram and YouTube, has enabled consumers to easily access product reviews, tutorials, and recommendations, thereby influencing their purchasing decisions, supporting the India coconut oil-based cosmetics market.
Market Segmentation
The market can be divided based on type, application, premiumisation, and distribution channel.
Market Breakup by Type
•Natural
•Virgin
•Extra Virgin
•Refined
Market Breakup by Application
•Hair Care
•Skin Care
•Makeup Products
•Others
Market Breakup by Premiumisation
•Mass
•Mid Premium
•Premium
Market Breakup by Distribution Channel
•Supermarket and Hypermarket
•Grocery Stores
•Cosmetics Shops
•Chemists/Pharmacies
•Online
•Others
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the India coconut oil-based cosmetics companies. Some of the major key players explored in the report are as follows:
•Dabur India Ltd.
•Patanjali Ayurved Limited
•Beiersdorf AG
•Kama Ayurveda Pvt. Ltd.
•Marico Ltd.
•Bio Veda Action Research Co.
•Others
Browse our full report with Table of Content :
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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/requestsampleThe key highlights of the report include:Market Overview (2016-2026)Historical Market Size (2020): 247 KMTForecast CAGR (2021-2026): 3.6%Forecast Market Size (2026): 295 KMTCoconut oil has been popular and widely used in many ways in India.
Recently, owing to the growing demands for natural products and growing health consciousness among Indian customers, coconut oil is witnessing increased utilisation in the cosmetic industry, with an even special focus on the usage of virgin coconut oil (VCO).
It is added to babies' bodies to shield them from skin problems.
Coconut oil and copra rates remained poor across the board in all major markets.Industry Definition and Major SegmentsCoconut meat, milk, water, oil, and sugar are all widely acknowledged as valuable commodities provided by the coconut.
Investors too are showing interest in this market and propelling growth.Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/india-coconut-oil-based-cosmetics-marketThe market is segregated based on type into:NaturalVirginExtra VirginRefinedIn terms of application, the market is segmented into:Hair CareSkin CareMakeup ProductsOthersBased on premiumisation, the industry is divided into:MassMid PremiumPremiumThe various distribution channels of the product include:Supermarket and HypermarketGrocery StoresCosmetics ShopsChemists/PharmaciesOnlineOthersMarket TrendsThe market for coconut oil-based cosmetics in India is driven by the rising disposable incomes, increasing customer awareness, therise of skin care and beauty companies providing indigenous alternatives, and growing health consciousness among the Indian youth and middle-bracket customers.
The use of virgin coconut oil (VCO) as a nutritional food supplement, nutraceutical, and cosmetic with medicinal properties is growing in terms of popularity.
