1 / 7

Swot analysis of Indian Cosmetic Industry 2020

Indian Cosmetic Industry is set to grow at a pace of 6.3% CAGR annually between 2020-2023.<br>As per the Statistica, the revenue in the cosmetic segment is estimated to be over $6200 million in the year 2020. And it is projected to grow exponentially and forecast estimates over $7500 million in the year 2023

lushlitblog
Download Presentation

Swot analysis of Indian Cosmetic Industry 2020

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. SWOT OVERVIEW OF INDIAN COSMETIC INDUSTRY BROUGHT TO YOU BY LUSHLIT.COM

  2. INDIAN COSMETIC INDUSTY — AN OVERVIEW Indian Cosmetic Industry is set to grow at a pace of 6.3% CAGR annually between 2020-2023. As per the Statistica, the revenue in the cosmetic segment is estimated to be over $6200 million in the year 2020. And it is projected to grow exponentially and forecast estimates over $7500 million in the year 2023 BROUGHT TO YOU BY LUSHLIT.COM

  3. INDIAN COSMETIC INDUSTY — STRENGTHS • Indian Cosmetic Industry is at a rapid growth rate and is to be forecasted to be $20 billion market by 2020 • Technology has helped entrepreneurs to create brands which are solely sold online. • Young demographics and improving standard of life makes cosmetic industry promising. BROUGHT TO YOU BY LUSHLIT.COM

  4. INDIAN COSMETIC INDUSTY — WEAKNESS • Fierce competition. New brands are entering the market on a daily basis. • Very price conscious consumers. • One of the industries to suffer the most in case of inflation and depression. BROUGHT TO YOU BY LUSHLIT.COM

  5. INDIAN COSMETIC INDUSTY — OPPURTUNITIES • Huge population of Millennials and Gen Z. • Emerging market. Still there are unexplored areas. No fierce competition among products which cater to darker skins. • Oppurtunities to promote the brand on the web and enter into new and less accessible markets. BROUGHT TO YOU BY LUSHLIT.COM

  6. INDIAN COSMETIC INDUSTY — THREATS • Competition from global brands (So many cheap brands & products from China) • Uncertain regulations and political climate • Consumers concerned about environmental impacts. BROUGHT TO YOU BY LUSHLIT.COM

  7. THANK YOU BROUGHT TO YOU BY LUSHLIT.COM

More Related