Gulf markets offer a huge opportunity for online beauty sales due to rising demand from young consumers, claims the firm behind Nykaa, an e-commerce outfit that has enjoyed significant success in India.
Indian cosmetics e-commerce company Nykaa is making “baby steps” onto the international stage by pushing its portfolio of beauty brands into markets including Mauritius, United Arab Emirates, US.
Ingredient supplier Native Extracts is working to establish a stronghold in India where it hopes to drive research and development on native botanicals and help promote ‘I-beauty’.
L’Oréal Group CEO Nicolas Hieronimus is aiming to grow the firm’s business in the booming Indian beauty market on the back of the acceleration of e-commerce in the country.
India-based skin care brand Brillare is kicking off its zero-dilution initiative which will see the brand phase out the use of water as well as synthetic ingredients in its formulations in bid to meet the demand for clean and natural beauty products.
India’s Forest Essentials believes its launch with UK beauty e-tailer lookfantastic will help it to boost its international appeal as prepares to expand its footprint to the Middle East, South East Asia and the US in the next few years.
An India-based firm specialising in hemp and CBD health and wellness products is working to expand its skin care range as interest in hemp oils and CBD beauty products soars.
India-based firm The Ayurveda Experience is working to expand its presence in North America and Europe to capture the rising demand for natural and holistic beauty products.
Lotus Herbals has launched a new premium clean beauty brand that it believes can surpass $10m this year on the back of the strong market demand for clean beauty products.
New Zealand-based Organic Riot is eyeing huge opportunities in mature beauty markets such as the US, where it believes its emphasis on sustainability and traceability has helped it to stand out in a saturated natural and organic skin care market.
India-based Forest Essentials is furthering its global expansion plans on the back of increased interest in its Ayurvedic beauty products amid the novel coronavirus (COVID-19) health crisis.
L’Oréal is making a bid to cater to a dominant consumer trend in India for smaller product sizes, especially the widespread enthusiasm for hair products in sachets.
US-based Northern Technologies International Corporation (NTIC) has formed Natur-Tec India, a majority-owned venture that will be based in Chennai, with the aim of targeting India and other South Asian markets.
The modern man is concerned with his appearance and is increasingly aware of the benefits associated with a proper beauty regime and this, in turn, is driving the growth of the global men’s grooming market.