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The India coconut oil-based cosmetics market stood at a value of 9,381.63 INR Crore in 2023. The market is expected to grow at a CAGR of 6.8% in the forecast period of 2024-2032 to attain 14,284.03 INR Crore by 2032.
India Coconut Oil-Based Cosmetics Market Size
India Coconut Oil-Based Cosmetics Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the India coconut oil-based cosmetics market attained a value of 9,381.63 INR Crore.
The market is projected to grow at a CAGR of 6.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach 14,284.03 INR Crore by 2032.
The major market drivers include rapid urbanisation, the thriving health and personal care sector, and the high growth rate of the country’s economy.
The rising awareness about the advantages of using coconut oil-based skin care products, the growing affordability of premium and natural skin care products among the middle class population, and increasing competition among leading players are the key trends guiding the market growth.
Natural, virgin, extra virgin, and refined are the various types of coconut oil-based cosmetics in the market.
The different applications of the product are hair care, skin care, and makeup products, among others.
The various segments based on premiumisation of the product considered in the market report are mass, mid premium, and premium.
The various distribution channels in the market are supermarket and hypermarket, grocery stores, cosmetics shops, chemists/pharmacies, and online, among others.
The key players in the India coconut oil-based cosmetics market are Dabur India Ltd., Patanjali Ayurved Limited, Beiersdorf AG, Kama Ayurveda Pvt. Ltd., Marico Ltd., and Bio Veda Action Research Co., among others.
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