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Health & Beauty » Salon & Spa » international India Lakme India

committee - beauty india & ceo-lakme lever pvt ltd Ayurveda

Beauty and personal care industry


set for exponential growth
Beauty India's debut edition opened in Mumbai at Bombay Exhibition Center,
Goregaon on Monday, March 27th and is running until March 29th, 2017.
ANI | March 28, 2017, 11:42 IST

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B2C exhibitions, Sumansa Exhibitions have launched
Beauty India; an exclusive B2B exhibition catering to the Most Read in Health &
needs of the beauty, cosmetics and personal care Beauty
industries.
This Week This Month

Beauty India's debut edition opened in Mumbai at


How Indian
Bombay Exhibition Center, Goregaon on Monday, March perfume
27th and is running until March 29th, 2017. The entry to makers are
stepping up to
the exhibition is free and show timings are from 10 am to compete with
6 pm for all three days. global fragrance giants

Ad. '10 days'


Popular Bollywood style icon and actor Malaika Arora and hair oil - New
Lakme Lever India CEO, Pushkaraj Shenai jointly hair growth for
sure!
inaugurated the exhibition that hosts over 75 exhibitors Sponsored by …
representing skin care & hair care (both professional,
wellness and personal product lines), colour cosmetics,
personal care products, nail care and accessories,
professional equipment and Spa, fragrance and
machinery, packaging and raw material suppliers among
others.

Appreciating the initiative, Malaika Arora said: "An


exhibition to cater to the booming beauty and cosmetics
industry is the need of the hour. I am delighted to see this
wonderful showcase and happy to be part of its inaugural
edition. Looking well-groomed is part of our lives, and
Indians understand that very well. The Beauty India
exhibition simply reflects our thriving beauty industry and
the potential that it holds for the global brands.

With a population of over 1.3 billion, the opportunities for


exhibitors to make inroads in this market are endless and
extremely lucrative. This is a great platform to find
partnerships and build on brand value."

Prominent exhibitors at the show include Lakme India,


L'Oreal India, Ozone Ayurveda, AcronPlast, Berina, Essel
Propack, Shilpa Cosmetics, Veera Fragrances, Wespro
Corporation, SSCPL Herbals, Skin Secrets, Sanex
Packaging Connection, Nyassa Spa Products, All India
Cosmetic Manufacturers Association, All India Hair and
Beauty Association, Cospack India, Headstart
International, Strands Salon, N.V. Organics, Forever
Beauty care amongst many others. The exhibitor list also
includes companies from China, Germany, Indonesia,
Korea, Poland and UAE.

Commenting on the occasion, Mr. Pushkaraj Shenai-


Chairman, Advisory Committee - Beauty India & CEO-
Lakme Lever Pvt. Ltd., said, "A platform like Beauty India
has the potential to shape the future of the Indian beauty
industry. The $3-billion beauty services industry offers
huge opportunities across the value chain for talented
beauty and styling professionals, managers and
entrepreneurs. Apart from the opportunity in the domestic
market there is significant interest in the global market for
all things Indian. Lakme Salon and Lakme Academy have
played an integral role in the beauty ecosystem across
the country for the last 37 years. We aspire to scale this
rapidly and invite talented individuals to join us as beauty
entrepreneurs. I am confident that Beauty India will grow
into an ideas and innovation marketplace that all Indian
beauty professionals are proud of."

Himanshu Gupta, General Manager, Sales & Marketing


B2B Events, Sumansa Exhibitions added , "The overall
beauty and personal care market in India is estimated at
Rs. 74,700 crore by retail sales value and the personal
care industry in India has been expanding at 13 percent
year-on-year, far surpassing the overall economic growth
rate. India's incredibly large consumer base has a growing
disposable income and places importance on personal
care. Retail sales look to increase at an average of seven
percent over the next decade and that presents a huge
opportunity to global brands to tap exponential growth that
we are going to witness. The beauty business is booming
and there's enough room for more players.

Through our exhibition, we aim to provide international


and domestic brands a suitable platform for exploring
business opportunities, finding partnerships, exchange of
ideas and networking."

The exhibition provides a unique platform for launch of


products, networking opportunity with industry leaders,
building new partnership, exchange of ideas, product
display, franchise opportunities, live demonstrations,
innovation and showcasing new technologies for all
stakeholders such as manufacturers, suppliers,
ancillaries, end-users, emerging entrepreneurs and
government institutions. Moreover, being a business
driven platform, there would be value added events
running concurrently to the exhibition like Buyer-Seller
Meet, On-Site Beauty Sessions, Seminars & Workshops
and Demo Areas.

Dr. Sangeeta Chauhan, President of All India Beauty and


Hair Association and Founder of Salon Exclusive said,
"We want more of such B2B exhibitions and would like to
thank Sumansa Exhibitions for their cooperation towards
the beauty industry. This will further help develop related
skill set in India and I would also like to thank the
exhibitors who have supported the Association. The
platform is a great opportunity for all segments to
enhance their education and upgrade their skill."

Naunihal Singh, CEO Strands Salon n Spa said, "The


Indian Beauty Industry is growing at a very fast pace and
it needs to evolve to the next level where all the leading
salon chains should contribute towards its development.
We need to focus on skills and create an environment
where the profession and professionals, both get due
respect. Shows like Beauty India are definitely
contributing towards the goal."

"Beauty India exhibition will be one of the most premium


B2B events in India coming up with the latest trends in
beauty industry, connecting the businesses from around
the globe, collaborating exhibitors exclusively on one
common platform, portraying the strength of the
manufacturers at large & bridging the gap between the
buyers and sellers. We wish Beauty India all the very best
for the coming years of their exhibitions in India", said
Kajal Anand, President of All India Cosmetic
Manufacturers' Association.

As per analysts, the Ayurvedic market is estimated to be


at Rs. 4,500 crore at present. The herbal products forms
6-7 per cent of the overall personal care products market
currently while the estimates are thatit could grow to
about 10 per cent of the segment by FY20 as the trend
accelerates. Thus, various players are rebooting their
business strategies and investing in new products or
making new acquisitions to reap in the benefit of the
herbal age.

With a CAGR of 40 percent per year, the spa industry is


the subsector with the most significant growth prospects
among all personal care subsectors in India.

According to industry experts, the market size of India's


beauty, cosmetics and grooming market will touch 20
billion dollars by 2025 from the current level of 6.5 billion
dollars. The rising awareness of personal care products,
growing disposable incomes, changes in consumption
patterns and lifestyles and improved purchasing power of
women, promises exciting times for the personal care
industry. These trends are anticipated to boost the
personal care market in India and raise the consumption
of personal care products and services, thereby offering
extensive opportunities for domestic and international
players. (ANI-NewsVoir)

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