Have you thought about how the Cosmetic industry is growing across the country?  Yes, you heard it right.  The market size of the cosmetic industry across India had a value of approximately 11 billion dollars.  Nonetheless, it has a forecast to reach a value of around $20 billion by 2025.

Furthermore, people across the globe are charmed by the glitz and glamour of the beauty sector earlier than you can even imagine.  This industry has a wide range of cosmetic products from lipsticks to hair care. 

So, it’s a market having a relationship between the brand and consumers, where the brand helps consumers in achieving their beauty goals, and the consumers help the brand to generate huge profits.

So, if the cosmetic franchise business is your venture, you are sure to make astounding and extraordinary profits in this venture.  But before you venture into this franchise business, some key points you can keep in mind before venturing into it.

Knowledge of the Products

The main step while entering this business is to decide and understand which products you would want to be selling as a franchisee.  For this, thorough research of the industry to determine the most demanded product category is required for better growth and revenue. 

Always remember, the higher the demand for the product, the more the product will sell, and the more the product sells, the more profit will make you more profits.  Always remember, knowledge of the product and its life cycle adds to your candidature and in turn helps gain the trust of your customers.

Know your Target Audience

In today’s world, personal and professional grooming has become indispensable.  Every customer comes with a different set of opinions when it comes to buying cosmetics.  So, knowing the psyche of your customers is a very important aspect to know the direction of growth of your business.

Study your Market

Before venturing into cosmetics, it is always advisable to research the market.  This will help you find out all the stats regarding the products market and distribution chains, along with the competition in the market.  This will give you a step ahead of your competitors.

Study the Franchise Brand in India

Gauging information on the top brands which are leveraging the industry is an important aspect.  Once you have a fair idea about what you are investing into, for instance, registration fees, product stocking requirements, franchisee fees, and others, then you are set

Know the Franchise Opportunities

Self-evaluation, which means, arranging for an area as per the company requirement, start-up costs arrangement, and investment requirements are all important needs when it comes to stepping into the Cosmetic Franchise business.

Once you have all these aspects in place, now it's time to choose the cosmetic franchise brand to suit your benefits.  So, let’s read on this article to see some of the best cosmetic franchise opportunities inIndia.

Lakme

Founded in 1952, Lakme is one of the renowned Indian Cosmetic brands in the beauty industry.  Owned by Hindustan Unilever, Lakme offers a wide range of products like skin care products, hair care products, cosmetics, and beauty salons across the country. 

Nykaa

Founded in 2012, and derived from the Sanskrit word “Nayaka”, Nykaa is an Indian e-commerce company.  They sell beauty, wellness, and fashion products across all platforms – offline and online. 

NewU

As the name suggests, it’s “New” and it’s “About U”.  Founded in 2012, NewU is operated by H & B Stores Ltd, which is a 100% subsidiary of Dabur India Ltd.  H & B stands for Health and Beauty, this brand serves customers by fulfilling their beauty and personal care needs.

DermaPuritys

A skin and healthcare clinic which operates on a global scale commenced operations in 2019.  They have been providing advanced solutions and treatments that rejuvenate all body senses and give the skin a new life.  Nonetheless, they have integrated skincare and hair-care services using the latest technology and methods.

Mirah Belle Naturals

Founded in 2017, Mirah Belle Naturals was established after continuous and consistent research to offer cruelty-free, organic skincare products.  Mirah Belle is a company that creates, manufactures, as well as markets its products across the country and is looking to expand its presence across the globe.  To summarize, their products – from the ingredients to the packaging are inspired by Nature.

To know more about these Cosmetic Franchise Opportunities or any other cosmetic or beauty franchise opportunities in India, you can reach out to our experts for guidance on the same.