Awareness on Beauty
The beauty and wellness industry in India is growing fast, with tremendous potential growth in it. In fact, it is said to be growing twice as fast as markets in the United States and Europe. India is also the second-largest consumer market in the world. As per the sources market size of India’s beauty and wellness market nearly doubled from Rs. 41,224 CR in 2012-13 to Rs. 80,370 CR by 2018.
The beauty service industry has been witnessing an increased number of international players in the market. The market which was earlier limited for women has started concentrating on male grooming and is coming up with large numbers of unisex salons in the market.
The salon industry is huge growing at an extremely fast rate. The competition is tough a so the services provided are best. The availability of new ideas and dimensions to expand has added to the growth rate of the market and this is meant to stay as the industry and has been successful in keeping it.