Cosmoprof India 2024 kicked off on December 5 at the Jio World Convention Center in Mumbai, showcasing India’s booming beauty and personal care industry. The event attracted more than 700 exhibitors from 22 countries, highlighting the growing international interest in Indian beauty marketRevenue is expected to exceed $30 billion by 2025.
this year’s exhibition Divided into two segments: Cosmoprof India (for finished goods) and Cosmopack India (for supply chain solutions). Notably, 57% of the exhibitors were from outside India, with new pavilions from countries such as Australia, Brazil and Germany.
A major feature of this event is that Business The matching platform “Cosmoprof India My Match” facilitates connections between exhibitors and more than 200 buyers from countries such as the UK, UAE, Singapore and Sri Lanka.
Industry leaders highlighted the sector’s potential for growth. Informa Markets India managing director Yogesh Mudras expects the market to reach $34 billion by 2028, driven by growing demand for high-end products. BolognaFiere CEO Antonio Bruzzone pointed out that India is the second fastest growing beauty market in Asia.
Tarun Sharma, co-founder of MCaffeine, highlighted the contrast in per capita spending on beauty products, which at $18 per capita is far behind global leaders such as Hong Kong and the United States, indicating that there is room for growth.
