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Beauty parlors employed 3.4 million people across India in 2013. [8] The industry was expected to employ 12.1 million workers by 2022. [8] Services typically include facials, skin-lightening bleaches, waxing, hair coloring, and hair straightening. [9]
Cosmetics at department store Farmers Centre Place in Hamilton, New Zealand. The cosmetic industry describes the industry that manufactures and distributes cosmetic products. . These include colour cosmetics, like foundation and mascara, skincare such as moisturisers and cleansers, haircare such as shampoos, conditioners and hair colours, and toiletries such as bubble bath and s
In 2023, the beauty industry's sales reached $446 billion, according to a recent report by McKinsey. As 2025 approaches, BI asked three beauty founders what trends will be popular in the new year.
[7] [8] The name tira was inspired by the goddess Rati, who symbolizes love, passion and beauty. [9] In February 2023, Reliance Retail launched Tira as an e-commerce platform, with an app, a website, and a 4,300 sq ft store at Jio World Drive in Mumbai. [10] The app became operational in over 100 cities. [1] [11] [2]
Amit Jain, the managing director of L’Oréal India, breaks the mold. He is the first Indian to lead the company since it started its India operations in 1994, and heads the region including ...
September 11, 2023 at 9:46 AM. The beauty industry landscape evolved over the last few years as COVID-19, inflation, and recession fears weighed on the economy.
For example, in India, from 1996 to 2000, the personal care industry grew by 25% while the number of women applying for the Miss India competition increased from 1000 people in 1993 to 6500 people in 2001. [93] Additionally, after China hosted about 6 international beauty pageants in 2004, the beauty industry increased in influence in the area.
The industry consensus is that growth is at an inflection point. [5] In India, cash on delivery is the most preferred payment method, accumulating 75% of the e-retail activities. [6] Demand for international consumer products (including long-tail items) is growing faster than in-country supply from authorised distributors and e-commerce ...