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India set to become fastest growing beauty, personal care market by 2027: Report

Indian market growth will be driven by pure-play brands that will lead the disruption

Pure play brands to drive India's $30 billion beauty and personal care market opportunity: Report

In comparison, China s BPC will grow 7% while Indonesia s market will expand 8%. India, that will account for nearly 5% of the global growth opportunity has per capita spends of $14 in BPC category compared with US which has the highest spends at $313 and China that spends $38 on a per capita basis.

Pure play brands to drive India's $30 billion beauty and personal care market opportunity - Redseer Strategy Consultants and Peak XV report, ET Retail

Pure Play Brands: In comparison, China s BPC will grow 7% while Indonesia s market will expand 8%. India, that will account for nearly 5% of the global growth opportunity has per capita spends of $14 in BPC category compared with US which has the highest spends at $313 and China that spends $38 on a per capita basis.

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In a report, Redseer says India is a shining star with the highest BPC growth rate at a CAGR of 10 per cent 2022-27