India’s organic skincare market to cross Rs 1,000 crore in next 5 years

Date posted: Wednesday 1 July 2015

Organic skincare market in India is estimated to grow two-fold in next five years and cross the mark of Rs 1,000 crore by year 2020, according to promoter sisters of Azafran Innovacion, an integrated ‘Farm to Face’ player offering innovative skincare solutions. Currently the market in India is estimated at Rs 500 crore and growing at 20-25% per year. The trend of ‘Go Organic’ or ‘Live Organic’ is catching up in the skincare segment too. Increasing awareness towards beauty and wellness, and rapidly changing life-style are some factors that attribute to the growth in this sector. Organics is one of the fastest growing segments in the global personal care industry. Organic personal care products are manufactured from natural ingredients extracted from plants, herbs and flowers under eco-friendly conditions.

(Pharma Express)