Indian Coconut Oil Cosmetics Market Driven by Changing Lifestyle Preferences and Increased R&D Over the 2021-2026 Forecast Period

The new report from EMR titled “Indian Coconut Oil Cosmetics Market Report and Forecast 2021-2026”, provides an in-depth analysis of the Indian Coconut Oil Cosmetics Market, evaluating the market based on to its segments such as types, applications, premiumization, distribution channels and main regions. The report tracks the latest industry trends and studies their impact on the global market. It also assesses market dynamics, covering key demand and price indicators, as well as analyzing the market based on Porter’s SWOT and Five Forces models.

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Highlights of the report include:

Market overview (2016-2026)

  • Historical market size (2020): 247 KMT
  • CAGR forecast (2021-2026): 3.6%
  • Market Size Forecast (2026): 295 KMT

Coconut oil has been popular and widely used in many ways in India. Recently, due to the growing demand for natural products and the growing health awareness among Indian customers, coconut oil is seeing increased use in the cosmetic industry, with a special focus on the use of coconut oil as well. virgin coconut (VCO). Young and ripe coconut is used to make virgin coconut oil. This oil is mainly used as a massage oil for the body and as a component of Ayurvedic medicine. It is a kind of hair oil. It is added to children’s bodies to protect them from skin problems. Virgin coconut oil, unlike regular coconut oil, is in high demand. The Indian government has set a minimum support price for both grinding and edible copra. Coconut and copra oil rates remained low across the board in all major markets.

Definition of the sector and main segments

Coconut meat, milk, water, oil, and sugar are all widely recognized as valuable goods provided by coconut. Coconut oil is currently the subject of much research and commercial interest in the cosmetic industry. Moisturizers, shampoos, lip balms, mouthwashes, sunscreens, hair oils, and coconut oil-filled massage oils can be found all over the country. Investors are also showing interest in this market and spurring growth.

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The market is segregated by type into:

  • Natural
  • Virgin
  • Extra virgin
  • Refined

In terms of application, the market is segmented into:

Based on the premiumization, the sector is divided into:

The various product distribution channels include:

  • Supermarket and Hypermarket
  • Grocery stores
  • Cosmetic shops
  • Chemists / Pharmacies
  • on line
  • Other

Market trend

India’s coconut oil cosmetics market is driven by rising disposable income, increasing customer awareness, increasing skin care and beauty companies providing indigenous alternatives, and growing health awareness among young Indians and mid-range customers. Clinical skin care is on the rise, while Ayurvedic beauty companies have been local skin care leaders for decades. With the outbreak of the COVID-19 pandemic, there has been a substantial increase in demand for natural skin care products. The demand for such oils in the cosmetic industry is often driven by their aesthetic benefits. Additionally, increased skin problems due to toxins, hormone imbalances, genetic abnormalities, and other factors are likely to increase demand. The growing demand from the facial oils industry is expected to fuel business expansion in the coming years. There has been a trend away from raw and Ayurvedic products and towards more result-oriented, ingredient-centric products. Consumers are increasingly looking for conventional health care products and cosmetics based on natural ingredients that have a level of medicinal action. The use of virgin coconut oil (VCO) as a nutritional, nutraceutical and cosmetic food supplement with medicinal properties is growing in popularity. There is a lot of scientific and commercial interest in the use of VCO in cosmetic formulations right now. The increase in research and development is also expected to increase market growth over the forecast period.

Main market players

The main competitors identified in this market are Dabur India Ltd., Patanjali Ayurved Limited, Beiersdorf AG, Kama Ayurveda Pvt. Ltd., Marico Ltd. and Bio Veda Action Research Co., among others. The report covers market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments from these market players.

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