SEPTEMBER 20244Elevating India's Cosmetic IndustryThe cosmetic raw materials market in India is at present growing at a considerable pace due to various factors. The increasing middle-class population, higher per capita income, enhanced consumer consciousness towards personal care and skincare has driven the demand higher. The increase in the urban population and the adaptation of beautifying procedures from other nations also contributes to this trend. The market growth is driven by the rising use of natural and organic products in food and other related products due to change of people's attitude towards the use of natural products that have little or no effect on the environment. The other factors that have boosted this market include regulatory development and the government's effort in achieving the `Make in India' program. In addition, there has been an increased growth of the e-commerce sector that has enhanced the coverage areas as consumers obtain more cosmetic products and raw materials. The digital shift is further supported by the innovation of a rising number of startups and incumbents who are expanding their R&D efforts to meet the growing needs of the consumers. The market is also experiencing the trend of more and more global players making their way into the Indian market due to its size and growth possibilities. Altogether these factors lead to the dynamic growth of cosmetic raw materials market in India and giving it a strong position among the world cosmetic industries under the beauty and personal care segment. In this special issue, we introduce you to the top companies in this segment. Industry Outlook has identified the select few companies that have done particularly well in this sector with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner. We welcome your feedbacks and suggestion that you may have concerning this special issue. Sudhakar SinghManaging Editoreditor@theindustryoutlook.comVol 2 · Issue 18 - 9 · SEPTEMBER, 2024Publisher Alok ChaturvediManaging Editor Sudhakar SinghAssociate EditorDarshan KAssistant Editor Roshan AktharEditorial Team Nalini BramhanapalliViswanathan AThiruamuthan T KDesign ManagerPrabhu Dutta A.R.N Ray Senior DesignerRajesh R B Visualizer V Hari PriyaVarun BAdvertising QueriesPrajnya Paramita BholVidyashri Patil Jaya AroraGM Sales & MarketingVirupakshi Pattarsales@theindustryoutlook.com Editorial Querieseditor@theindustryoutlook.comCirculation Manager Magendran PerumalMagazine Price is Rs. 150 per issuePrinted and Published By Alok Chaturvedi on behalf of Biz Print Media Technologies Pvt. Ltd. and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Publisher Alok ChaturvediCopyright © 2024 Biz Print Media Technologies Pvt. Ltd. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.
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