DUBLIN–(BUSINESS WIRE)–The “India Coconut Oil-Based Cosmetics Market Report and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.
‘India Coconut Oil-Based Cosmetics Market Report and Forecast 2021-2026’, gives an in-depth analysis of the India coconut oil-based cosmetics market, assessing the market based on its segments like types, applications, premiumisation, distribution channels, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
Coconut oil has been popular and widely used in many ways in India. Recently, owing to the growing demands for natural products and growing health consciousness among Indian customers, coconut oil is witnessing increased utilisation in the cosmetic industry, with an even special focus on the usage of virgin coconut oil (VCO).
Young, matured coconut is used to make virgin coconut oil. This oil is mostly used as a body massage oil and as an ayurvedic medicine component. It is a kind of hair oil. It is added to babies’ bodies to shield them from skin problems. Virgin coconut oil, as opposed to regular coconut oil, is in high demand.
The Indian government established a minimum support price for both milling and edible copra. Coconut oil and copra rates remained poor across the board in all major markets.
The market for coconut oil-based cosmetics in India is driven by the rising disposable incomes, increasing customer awareness, the rise of skin care and beauty companies providing indigenous alternatives, and growing health consciousness among the Indian youth and middle-bracket customers.
Clinical skincare is on the rise, while ayurvedic beauty companies have been local skincare 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 cosmetics industry is often driven by their aesthetic benefits.
Furthermore, increasing skin issues as a result of toxins, hormonal imbalances, genetic abnormalities, and other factors are likely to boost demand. Rising demand from the facial oil industry is expected to fuel business expansion in the coming years.
There has been a trend away from raw, ayurvedic products and toward products that are more results-driven and ingredient-focused. Consumers are increasingly looking for conventional healthcare and cosmetic products made from natural ingredients that have a level of medicinal action.
The use of virgin coconut oil (VCO) as a nutritional food supplement, nutraceutical, and cosmetic with medicinal properties is growing in terms of popularity. There is a lot of scientific and commercial interest in using VCO in cosmetic formulations right now. Increasing R&D is also expected to boost the market growth in the forecast period.
Key Market Players
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
- Dabur India Ltd.
- Patanjali Ayurved Limited
- Beiersdorf AG
- Kama Ayurveda Pvt. Ltd.
- Marico Ltd.
- Bio Veda Action Research Co.
Key Topics Covered:
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 India Coconut Oil-Based Cosmetics Market Analysis
8.1 Key Industry Highlights
8.2 India Coconut Oil-Based Cosmetics Historical Market (2016-2020)
8.3 India Coconut Oil-Based Cosmetics Market Forecast (2021-2026)
8.4 India Coconut Oil-Based Cosmetics Market by Type
8.4.3 Extra Virgin
8.5 India Coconut Oil-Based Cosmetics Market by Application
8.5.1 Hair Care
8.5.2 Skin Care
8.5.3 Makeup Products
8.6 India Coconut Oil-Based Cosmetics Market by Premiumisation
8.6.2 Mid Premium
8.7 India Coconut Oil-Based Cosmetics Market by Distribution Channel
8.7.1 Supermarket and Hypermarket
8.7.2 Grocery Stores
8.7.3 Cosmetics Shops
9 Market Dynamics
9.1 SWOT Analysis
9.2 Porter’s Five Forces Analysis
9.3 Key Indicators for Demand
9.4 Key Indicators for Price
10 Value Chain Analysis
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
12 Industry Events and Developments
For more information about this report visit https://www.researchandmarkets.com/r/h27utj