Look and Feel Good
Index : 1,617 | 1Yr : -8.49% | 1Mo : -1.1%
Category : Sectoral Trackers
Min Investment : 3,592
As the disposable income of the middle class has been rising consistently, the market size of India's beauty, cosmetic and grooming market is expected to triple by the year 2020 to USD 20 billion. Ther personal care sub-segment of the FMCG sector is the hottest of all in terms of the sheer demand and preference. India's rural population is catching up with their urban counterparts in terms of trends as companies in this sector are very aggressive in all around advertising. Unlike previously, it is found that young males have increased their expenditure on personal care items which has caused an additional surge in demand for this business segment.
The consumption pattern reveals that there is an increasing compulsion among the young population to look good and remain youthful. The industry veterans feel that this is just the beginning. This theme consists of different personal care FMCG companies with a strong foothold in their respective segments.