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India beauty, personal care market projected to grow to USD 30 billion by 2027: Report

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The Indian beauty and personal care market is estimated to grow to USD 30 billion by 2027, accounting for 5 per cent of the global market, according to a report. The Indian Beauty and Personal Care (BPC) market — estimated to be around USD 19 billion in 2022 — has very low per capita spend in the category but as the country prospers, the growth headroom will materialise strongly, said a joint report by Redseer Strategy Consultant and Peak XV (formerly Sequoia Capital India & Southeast Asia). "As more consumers seek higher-quality products and adopt beauty and self-care routines, the…

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