Top 15 Fastest-Growing Beauty & Personal Care Markets
Did you know? India is one of the fastest-growing beauty and personal care markets in the world!πΈπ
πΈ The Indian BPC market is set to grow rapidly, reaching a total GMV of $30 Bn by 2027, which will make up about 5% of the global BPC market.
πΈ With an annual growth rate of approximately 10%, itβs the fastest-growing BPC market among large economies.
πΈ According to a McKinsey report, the per capita annual spend on beauty in India will grow to $15 by 2027, up from about $10 in 2023.
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Credit - Inc42 Media