India’s coconut oil cosmetics market will be driven by rising living standards, rapid urbanization, burgeoning health and personal care sector over the forecast period of 2021-2026

Expert Market Research’s new report titled “Indian Coconut Oil Cosmetics Market Report and Forecast 2021-2026”, provides an in-depth analysis of Indian Coconut Oil Cosmetics Market, evaluating the market based on its segments such as type, application, premiumization, distribution channel. 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 (in volume terms)
  • CAGR forecast (2021-2026): 3.6%
  • Market Size Forecast (2026): 295 KMT (in volume terms)

Skin care represents a considerable part of the market in terms of application. This is due to the increased awareness of the benefits of using coconut oil based skin care products. Due to its antioxidant characteristics, coconut oil has seen a rise in popularity in anti-aging products. It is used as a staple ingredient in a variety of popular skin and hair care products. In addition, coconut oil cosmetics relieve inflammation, moisturize the skin and prevent acne. As a result, they are in great demand in the beauty industry in India. Coconut oil-based hair care products are expected to increase significantly in the country over the forecast period, due to increased pollution in regions such as Delhi, Haryana, Uttar Pradesh and Maharashtra, among others, as they are useful for preventing hair damage. Over the projection period, rising disposable income, increased competition between major market participants in the cosmetics and personal care sector and slowing growth rate of the Indian economy are expected to spur market growth.

Definition of the sector and main segments

Coconut oil cosmetics are cosmetics that have been infused with coconut oil to give them additional qualities. Anti-aging, acne protection, scarring, skin protection and anti-inflammatory are just some of these benefits. Lip balm, massage oil, hair oil, wraps and face cream are just some of the coconut oil based cosmetics on the market.

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By type, the market is divided into:

  • Natural
  • Virgin
  • Extra virgin
  • Refined

Based on the application, the sector is segmented into:

The sector is classified based on premiumization in:

Based on the distribution channel, the sector is divided into:

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

Market trend

India’s coconut oil cosmetics market is fueled by rising living standards, rapid urbanization, a strong health and personal care sector, and the country’s high growth rate. Rising disposable income has made natural and luxury skin care products more affordable for the middle class, increasing demand. The market is likely to benefit from increased R&D initiatives by major industry players and the growing popularity of coconut oil face masks throughout the projected period. Coconut oil face masks have been shown in several studies to be the best thing that can happen to your skin. Coconut oil with honey is good for dry skin, coconut oil with lemon is good for tanned skin, and coconut oil with baking soda is good for exfoliating. As a result, these factors are expected to further increase the demand for coconut oil based cosmetics in India.

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., Bio Veda Action Research Co. and 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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