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Indian Cosmetics Market- US$ 20 billion by 2025

The country's cosmetics and cosmeceutical market is expected to register annual growth of 25% touching US$ 20 billion by 2025, according to industry experts. The Indian industry is growing rapidly at a rate of 13-18%, more than that of US or European markets.The market will maintain healthy growth due to rising preference for specialised cosmetic products such as organic, herbal and ayurvedic products. Principal areas that are expected to grow include colour cosmetics, fragrances, specialised skin care and make-up cosmetics.