The beauty boom in 2023

New Delhi, Jan 1 In India, the wellness, beauty, and personal care industry is going through a significant transformation. The spending propensity has expanded enormously as Ind in metro and upcountry areas become more aware of many facets of beauty and wellness.

Per capita spending on cosmetics and personal care items was reportedly around INR 450 in 2017; between 2019 and 2024, this figure is predicted to nearly double. The Indian beauty and wellness industry was estimated to be worth INR 901.07 billion in 2018 and is anticipated to develop at a compound annual growth rate

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