A latest survey on Beauty and Wellness Market is conducted to provide hidden gems performance analysis. The study is a perfect mix of qualitative and quantitative information covering market size breakdown of revenue and volume (if applicable) by important segments. The report bridges the historical data from 2014 to 2019 and forecasted till 2025*. The outbreak of covid-19 in global market haves made companies uncertain about their future secario as the prolonged lock-down finds serious economic slump. Some are the key & emerging players that are part of coverage and have being profiled are L’Oréal India Private Limited, Lotus Herbals Private Limited, O2 Spa Salon Private Limited, Shahnaz Ayurveda Private Limited, VLCC Personal Care Limited, Jawed Habib Hair and Beauty Limited, Gold Fitness Private Limited, Fitness One Group India Limited, Fitness First India Private Limited,• Colorbar Cosmetics Private Limited,• Affinity Beauty Salon Private Limited.
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Market insights:
With the rise in awareness about holistic wellbeing among people in India, the spending on beauty and wellness products and services has increased. According to the Indian Beauty & Hygiene Association (IBHA), the per capita spending on beauty and personal care products was around INR 450 per annum in 2017, which is expected to increase during the 2019-2024 period. The beauty and wellness market in India was valued at INR 901.07 Bn in 2018, and is forecast to reach INR 2,463.49 Bn by 2024, expanding at a compound annual growth rate (CAGR) of ~18.40% during the 2019-2024 period.
Segmentation based on type:
Based on type, the beauty and wellness market is segmented into counter sales of beauty products, beauty and wellness services, fitness and slimming services, alternate therapy and rejuvenation services. The beauty products segment held the largest market share, followed by the beauty and wellness services segments. In 2018, the fitness and slimming services segment held a market share of ~15.60% and is expected to hold a share of ~22.20% in 2024. People these days prefer healthier lifestyles, as a result of which, demand for gyms, fitness studios and slimming centers has picked up across the country.
Key growth drivers of the market:
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Key deterrents to the growth of the market:
Quantitative Data:
Market Data breakdown by key geographies, Type & Application/End-users
• Beauty and Wellness Market Revenue & Growth Rate by Type [counter sales of beauty products, beauty and wellness services, fitness and slimming services, alternate therapy and rejuvenation services] (Historical & Forecast)
• Beauty and Wellness Market Revenue & Growth Rate by Application (Historical & Forecast)
• Beauty and Wellness Market Revenue & Growth Rate by Each Region Specified (Historical & Forecast)
• Beauty and Wellness Market Volume & Growth Rate by Each Region Specified, Application & Type (Historical & Forecast)
• Beauty and Wellness Market Revenue, Volume & Y-O-Y Growth Rate by Players (Base Year)
Important Features that are under offering & key highlights of the Beauty and Wellness market report:
1. Why lots of Key players are not profiled in Study?
–> The study is conducted by collecting data of various companies from the industry, and the base for coverage is NAICS standards. However, the study is not limited to profile only few companies. Currently the research report is listed with players like L’Oréal India Private Limited, Lotus Herbals Private Limited, O2 Spa Salon Private Limited, Shahnaz Ayurveda Private Limited, VLCC Personal Care Limited, Jawed Habib Hair and Beauty Limited, Gold Fitness Private Limited, Fitness One Group India Limited, Fitness First India Private Limited,• Colorbar Cosmetics Private Limited,• Affinity Beauty Salon Private Limited
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Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.
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About Author:
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