India Cosmetics Products Market Size and Share

India Cosmetics Products Market (2025 - 2030)
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India Cosmetics Products Market Analysis by Mordor Intelligence

The India cosmetics products market size is estimated to be USD 1.89 billion in 2025 and is forecast to reach USD 3.17 billion by 2030, translating into a 10.9% CAGR. The pace easily exceeds the global beauty average, underscoring a structural rise in discretionary spending on personal appearance. Spending momentum is visible across income brackets because social media exposure, rising disposable incomes, and widespread urbanization have re-defined beauty as part of daily wellness rather than a luxury. Even within tight household budgets, beauty outlays receive priority, evidenced by the country recording the world’s highest percentage of consumers willing to spend more on cosmetics. Multinational and domestic brands are intensifying product launches to serve preferences for vegan formulas, clean labels, and affordable luxuries, while tightening regulatory oversight by the Central Drugs Standard Control Organization (CDSCO) and the Bureau of Indian Standards (BIS) raises compliance costs but improves consumer confidence. Together, these forces keep the India cosmetics products market on an expansion trajectory that shows no sign of plateauing.

Key Report Takeaways

  • By product type, lip make-up held 36.78% of the India cosmetics products market share in 2024, while eye make-up is advancing at an 11.74% CAGR through 2030.
  • By category, the mass segment captured 80.12% revenue share in 2024; the premium/luxury segment is projected to expand at a 12.77% CAGR to 2030.
  • By nature, the conventional segment held 89.19% of the India cosmetics products market share in 2024, while natural/organic products are projected to expand at a 12.40% CAGR through 2030.
  • By distribution channel, online retail accounted for 30.61% of the India cosmetics products market size in 2024 and is growing at an 11.36% CAGR through 2030.
  • By region, the North commanded 40.14% share of the India cosmetics products market in 2024, while the West is the fastest-growing at 12.05% CAGR to 2030.

Segment Analysis

By Product Type: Lip Products Drive Volume Growth

Eye make-up products are projected to grow at a robust 11.74% CAGR through 2030, driven by social media beauty trends and advancements in application techniques. Lip make-up products continue to dominate the market, holding a 36.78% share in 2024. The rapid growth in the eye segment is attributed to influencer-led tutorials that simplify complex application processes, making products like eyeliner, mascara, and kohl more accessible to a wider consumer base. Whereas, facial make-up products, including foundation and concealer, are benefiting from increasing professional appearance standards and the normalization of video conferencing, although their growth remains moderate compared to the eye and lip categories. Moreover, nail make-up products, while the smallest segment, maintain steady demand in urban markets, with nail polish and remover gaining popularity among younger demographics.

The leadership of lip products is driven by cultural preferences and ease of application. Traditional kohl and kajal usage patterns have seamlessly transitioned into modern formulations and packaging. Seasonal demand significantly impacts the product mix, with festive periods boosting premium lip color sales, while everyday use supports growth in the mass-market segment. BIS standards for cosmetic safety have strengthened consumer trust in both domestic and imported products, fostering premiumization trends across all product categories. The product innovation cycle has accelerated, with brands introducing hybrid formulations that combine skincare benefits with color cosmetics, addressing consumer demand for multifunctional products that simplify beauty routines.

India Cosmetics Products Market: Market Share by Product Type
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By Category: Mass Market Sustains Premium Growth

The mass category commands an 80.12% market share in 2024. However, the premium/luxury segment is projected to grow at a 12.77% CAGR through 2030, signaling a bifurcated market where volume and value growth follow distinct trajectories. This premiumization trend reflects increasing disposable incomes and aspirational consumption patterns, which now extend beyond traditional affluent demographics to include middle-class households. Mass market brands sustain their dominance through extensive distribution networks and competitive pricing, with companies like Sugar Cosmetics targeting Gen Z consumers by offering affordable product ranges that emphasize functionality over prestige.

Premium/luxury segment growth is concentrated in metropolitan areas and tier 1 cities, where the presence of international brands and advanced retail infrastructure supports higher price points and sophisticated product offerings. The luxury segment benefits from omnichannel retail strategies, highlighting consumer preferences for experiential purchasing in premium categories. Brand positioning strategies have evolved to introduce affordable luxury sub-segments, bridging the gap between mass and premium categories and enabling companies to capitalize on upward mobility in consumer spending. This category segmentation reflects broader economic trends, where income inequality creates distinct consumption tiers with minimal overlap in brand preferences and purchasing behaviors.

By Distribution Channel: Digital Commerce Reshapes Retail

Online retail stores hold a 30.61% market share in 2024 and are projected to grow at an 11.36% CAGR through 2030. This shift is fundamentally reshaping traditional FMCG distribution patterns and introducing new competitive dynamics. The dominance of digital channels highlights a clear consumer preference: they prioritize product variety, competitive pricing, and unmatched convenience. Platforms such as Nykaa and Purplle are at the forefront, demonstrating that beauty-focused e-commerce can achieve both profitability and sustainability. While supermarkets/hypermarkets face challenges from online competition, they remain relevant by focusing on experiential retail. This strategy caters particularly to impulse purchases and trial-size products, offering immediate gratification. Pharmacies and drug stores capitalize on consumer trust in health and safety by positioning cosmetics alongside wellness products, effectively appealing to health-conscious consumers.

Specialty stores face intense competition from online platforms but sustain their presence through expert consultations and partnerships with premium brands, emphasizing personalized service and product education. The evolving distribution landscape reflects a broader transformation in retail, where omnichannel strategies are critical for achieving market leadership. Brands that succeed maintain a presence across all channels while tailoring their approach to channel-specific consumer behaviors. Quick commerce has emerged as a significant growth driver. In 2024, Nykaa reported that 70% of orders in major cities are delivered within a day, redefining consumer expectations for convenience and speed [3]Source: Nykaa E-Retail Pvt. Ltd., "Nykaa witnesses strong consolidated GMV growth of 24% YoY, Profitability continues to improve with PAT growth of 66% YoY in Q2FY25", nykaa.com. This transformation in distribution is also democratizing access to premium and international brands. Consumers in smaller cities now have access to the same product range as those in metropolitan areas, accelerating market homogenization and standardizing brands across diverse geographic segments.

India Cosmetics Products Market: Market Share by Distribution Channel
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By Nature: Conventional Products Face Organic Challenge

The natural/organic products segment is projected to grow at a CAGR of 12.40% through 2030, challenging the conventional segment's dominant 89.19% market share in 2024. This growth is driven by increasing consumer awareness of ingredient safety and environmental sustainability. The expansion of the organic segment aligns with broader wellness trends, as consumers demand transparency in product formulations and prefer brands that align with health-conscious values. Ayurvedic and herbal brands such as Forest Essentials and Kama Ayurveda have achieved international recognition, leveraging India's traditional knowledge systems to support global expansion strategies. Additionally, the Cosmetics Rules 2020 have clarified regulations for natural and organic claims, reducing consumer confusion and strengthening authentic brand positioning.

Conventional products maintain their dominance due to established supply chains, proven efficacy, and competitive pricing, particularly in cost-sensitive mass market segments. The regulatory framework under CDSCO ensures safety standards for both conventional and natural products, creating a level playing field where efficacy and consumer preferences drive market success. Innovations in natural product formulations have enhanced performance, addressing the traditional trade-off between natural ingredients and product effectiveness. As market dynamics evolve, brand strategies are adapting: conventional brands are introducing natural sub-lines, while organic brands are expanding into conventional categories to capture broader market opportunities.

Geography Analysis

The North region captures a dominant 40.14% share of the market in 2024, underscoring the purchasing power concentrated in Delhi NCR and its neighboring urban hubs. Here, rising disposable incomes and a cultural inclination towards beauty experimentation fuel a steady demand surge. The North's established retail infrastructure and its closeness to import hubs grant it swift access to global brands and the latest product innovations. Meanwhile, the West, boasting a 12.05% CAGR projected through 2030, signals a shift in growth dynamics. Mumbai's financial sector and Bangalore's tech industry are birthing affluent consumers, increasingly drawn to premium and luxury cosmetics. This Western surge mirrors urbanization trends and a corporate culture that embraces grooming investments, transcending gender and age boundaries.

Eastern India challenges traditional demographic assumptions, accounting for over a third of the nation's cosmetic sales, despite representing less than a quarter of Indian households. This anomaly points to heightened per capita consumption and a deep-rooted cultural affinity for beauty products. Consumption trends in the East highlight the weight of cultural nuances and social norms in driving cosmetic adoption, overshadowing mere economic metrics. In the South, steady growth is buoyed by a blend of educational achievements and a thriving tech sector, fostering a discerning consumer base that prioritizes brand efficacy and safety.

Enforcement of regional regulatory compliance varies, with metropolitan areas adhering more rigorously to CDSCO standards. In contrast, rural and semi-urban markets grapple with challenges like counterfeit prevention and quality assurance. A closer look at the geography reveals that successful market expansion hinges on tailored strategies, attuned to cultural nuances, income trends, and retail infrastructure, rather than a one-size-fits-all national approach. Companies such as Purplle have adeptly navigated this landscape, deriving nearly half their revenue from over 78 cities, with a keen focus on tier 2 and tier 3 locales boasting household incomes between Rs 5-30 lakh. These regional dynamics underscore the importance of aligning growth strategies with cultural insights and local consumer behaviors, rather than relying solely on demographic data.

Competitive Landscape

The competitive landscape of the Indian color cosmetics market is moderately fragmented, with global leaders like L'Oréal and Estee Lauder competing against agile domestic brands such as Sugar Cosmetics and Colorbar. Multinational corporations focus on premiumization and urban market dominance by leveraging brand equity and innovation capabilities, while domestic players utilize cultural insights and affordability to penetrate tier 2 and 3 cities. This dual strategy fosters a competitive environment that presents opportunities for consolidation and new entrants targeting distinct consumer segments.

Technology adoption has emerged as a critical differentiator in this evolving market. Companies are heavily investing in AI-driven personalization, augmented reality (AR) virtual try-ons, and rapid commerce solutions to enhance customer experiences and optimize operations. Digital innovators like Nykaa have pioneered these advancements, enabling consumers in both urban and emerging markets to interact with products before purchase. This approach increases trust, reduces trial barriers, and enhances customer satisfaction. Additionally, these technologies provide real-time consumer insights, allowing companies to tailor offerings to local preferences and accelerate product adoption.

Regulatory frameworks established by the Central Drugs Standard Control Organization (CDSCO) and Bureau of Indian Standards (BIS) enforce stringent quality and safety standards, creating entry barriers that favor established players with robust compliance mechanisms. These regulations safeguard consumer interests and uphold market integrity. Companies that focus on consumer education and expand organized retail in under-served tier 2 and 3 cities can unlock significant growth potential. Moreover, brands emphasizing sustainability, ethical sourcing, and personalized solutions are well-positioned to gain competitive advantages in India's rapidly growing color cosmetics sector.

India Cosmetics Products Industry Leaders

  1. L'Oréal SA

  2. The Estée Lauder Companies Inc.

  3. Unilever PLC

  4. FSN E-Commerce Ventures Ltd (Nykaa)

  5. Vellvette Lifestyle Pvt. Ltd. (Sugar Cosmetics)

  6. *Disclaimer: Major Players sorted in no particular order
India Cosmetics Products Market Concentration
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Recent Industry Developments

  • August 2025: Rihanna's beauty label, Fenty, had entered into an exclusive partnership with Reliance Retail. This collaboration enabled the launch of Fenty's makeup and skincare lines at Sephora India and Tira Beauty. Fenty Beauty and Fenty Skin products became available both online and across Tira Beauty and Sephora India's 50 outlets in 16 cities.
  • April 2025: Ananya Birla had launched LOVETC, a new color cosmetics brand, marking the Aditya Birla Group's deeper entry into India's rapidly growing cosmetic market. Initially, consumers could access LOVETC on its dedicated direct-to-consumer platform and Nykaa's online store. Additionally, the brand had outlined plans for a phased retail rollout, targeting 200 stores across 20 prominent cities in India.
  • February 2025: Pradeep Banerjee, a former executive director at Hindustan Unilever, and Nabeel Kadri, founder of the celebrity endorsement agency Median, introduced 'Hyue', a premium color cosmetics brand designed to meet Indian consumer preferences. Hyue commenced its retail operations with a direct-to-consumer e-commerce platform, targeting shoppers across India. The brand's initial cosmetics line included liquid lipsticks, gel nail paints, lip treatments, and lip oils, all of which were vegan and cruelty-free.

Table of Contents for India Cosmetics Products Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Premiumisation and “Affordable-Luxury” demand surge
    • 4.2.2 Increased awareness about personal grooming
    • 4.2.3 Rising impact of social media and beauty trends
    • 4.2.4 Rise of vegan and cruelty-free cosmetics
    • 4.2.5 Growing male-grooming adoption in Gen-Z and Gen-Alpha households
    • 4.2.6 Brand expansion and product innovation
  • 4.3 Market Restraints
    • 4.3.1 Prevalence of counterfeit products
    • 4.3.2 Reluctance to adopt new products due to skepticism about efficacy or safety
    • 4.3.3 Market saturation and intense competition
    • 4.3.4 Limited penetration in rural markets
  • 4.4 Value Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Consumer Behavior Analysis
  • 4.7 Porter’s Five Forces Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Suppliers
    • 4.7.3 Bargaining Power of Buyers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Product Type
    • 5.1.1 Facial Make-Up Products
    • 5.1.1.1 Foundation and Concealer
    • 5.1.1.1.1 Compact and Pressed Powder
    • 5.1.1.1.2 Blush and Highlighter
    • 5.1.1.1.3 Others
    • 5.1.1.2 Eye Make-Up Products
    • 5.1.1.2.1 Kohl and Kajal
    • 5.1.1.2.2 Eyeliner
    • 5.1.1.2.3 Mascara
    • 5.1.1.2.4 Others
    • 5.1.1.3 Lip Make-Up Products
    • 5.1.1.3.1 Lipsticks
    • 5.1.1.3.2 Lip Gloss
    • 5.1.1.3.3 Others
    • 5.1.1.4 Nail Make-Up Products
    • 5.1.1.4.1 Nail Polish
    • 5.1.1.4.2 Nail Polish Remover
    • 5.1.2 By Category
    • 5.1.2.1 Mass
    • 5.1.2.2 Luxury
    • 5.1.3 By Distribution Channel
    • 5.1.3.1 Supermarkets/Hypermarkets
    • 5.1.3.2 Pharmacies/Drug Stores
    • 5.1.3.3 Specialty Stores
    • 5.1.3.4 Online Retail Stores
    • 5.1.3.5 Other Distribution Channels
    • 5.1.4 By Nature
    • 5.1.4.1 Conventional
    • 5.1.4.2 Natural/Organic
    • 5.1.5 By Region
    • 5.1.5.1 East
    • 5.1.5.2 West
    • 5.1.5.3 North
    • 5.1.5.4 South

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Unilever PLC
    • 6.4.2 L'Oreal SA
    • 6.4.3 FSN E-Commerce Ventures Ltd (Nykaa)
    • 6.4.4 The Estee Lauder Companies
    • 6.4.5 Vellvette Lifestyle Pvt. Ltd. (Sugar Cosmetics)
    • 6.4.6 Revlon Inc
    • 6.4.7 Colorbar Cosmetics Pvt Ltd
    • 6.4.8 Honasa Consumer Ltd (Mama Earth)
    • 6.4.9 Lotus Herbals Pvt Ltd
    • 6.4.10 Nails Inc. Ltd.
    • 6.4.11 Pacifica Beauty LLC
    • 6.4.12 Purplle (Faces Canada)
    • 6.4.13 Juicy Chemistry
    • 6.4.14 Natura &Co Holding S.A.
    • 6.4.15 Oriflame Holding Limited
    • 6.4.16 Revolution Beauty Group PLC
    • 6.4.17 Nature's Essence Pvt Ltd (Coloressence Cosmetic)
    • 6.4.18 Juicy Chemistry
    • 6.4.19 LVMH (Louis Vuitton Moet Hennessy)
    • 6.4.20 Swiss Beauty Cosmetics Private Limited

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

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India Cosmetics Products Market Report Scope

Cosmetic is applied to conceal blemishes and enhance one's natural features, such as the eyebrows and eyelashes.

India's cosmetics market is segmented by product type and distribution channel. The market is segmented by product type into color cosmetics and hair styling and coloring products. The color cosmetics segment is further sub-segmented into facial, eye, and lip and nail make-up products. The hair styling and coloring products segment is further bifurcated into hair colors and hair styling products. The market is segmented by distribution channel into supermarkets/hypermarkets, specialty stores, pharmacies/drug stores, online retail stores, and other distribution channels. 

For each segment, the market sizing and forecasts have been done based on value (in USD).

By Product Type
Facial Make-Up Products Foundation and Concealer Compact and Pressed Powder
Blush and Highlighter
Others
Eye Make-Up Products Kohl and Kajal
Eyeliner
Mascara
Others
Lip Make-Up Products Lipsticks
Lip Gloss
Others
Nail Make-Up Products Nail Polish
Nail Polish Remover
By Category Mass
Luxury
By Distribution Channel Supermarkets/Hypermarkets
Pharmacies/Drug Stores
Specialty Stores
Online Retail Stores
Other Distribution Channels
By Nature Conventional
Natural/Organic
By Region East
West
North
South
By Product Type Facial Make-Up Products Foundation and Concealer Compact and Pressed Powder
Blush and Highlighter
Others
Eye Make-Up Products Kohl and Kajal
Eyeliner
Mascara
Others
Lip Make-Up Products Lipsticks
Lip Gloss
Others
Nail Make-Up Products Nail Polish
Nail Polish Remover
By Category Mass
Luxury
By Distribution Channel Supermarkets/Hypermarkets
Pharmacies/Drug Stores
Specialty Stores
Online Retail Stores
Other Distribution Channels
By Nature Conventional
Natural/Organic
By Region East
West
North
South
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Key Questions Answered in the Report

How fast is the India cosmetics products market expected to grow to 2030?

The market is projected to rise from USD 1.89 billion in 2025 to USD 3.17 billion by 2030, posting a 10.9% CAGR.

Which product type holds the largest share today?

Lip make-up dominates with 36.78% share in 2024, driven by high cultural acceptance and everyday usage.

What channel is expanding the quickest?

Online retail, already at 30.61% share, is advancing at an 11.36% CAGR because of wide assortment, convenience, and rapid delivery.

Why is the premium segment gaining momentum?

Rising disposable income and affordable luxury positioning are pushing premium and luxury cosmetics at a 12.77% CAGR through 2030.

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