Factors
driving market expansion include new product formats, gener-specific products
and technological developments. Companies are focusing on new products and
extending established product lines, with innovative offerings for product
applications and formulations. An example of an emerging company is the
household products industry, is JHS Svengaard Laboratories Ltd., the country’s
largest oral care products manufacturing company, has tied up with Proctor
& Gamble, the world’s largest FMCG manufacturer, to manufacture detergent
exclusively for it. JHS Svengaard is currently one of the top financial
performers. Indian personal care products are making a recent emergence in the
industry. India has faced a revolution literally
in all wakes. With the rise in dispensable income, there is high consumerism in
the country. With opening up of the emerging markets, the cosmetic companies
are broadening in response to the vast diversity of populations. The Indian
face wants to look good. The Indian Women are no longer limited to their homes,
but have come out & are walking with the same pace as the men. Hence they
are more conscious of their looks & are widely opting for the cosmetics
that is available in the market. It is not only the female section of the
society, who use beauty & cosmetic range but the Indian men too are worried
about their looks. There are lot of products specially designed for men too.
The cosmetic companies not only produce the traditional makeup items like
compact, mascara or lipsticks, but are rapidly adapting themselves to the
changing demands of its customers. Today the markets offer a wide range of
cosmetic products to choose from. There are smart products like anti-aging
solutions, concealers which has taken a lady’s beauty to a new level.
Fragrances, body lotions, hair products, hand & foot care products, you
name it & you have it. Some emerging Indian companies include
Ayur, a Herbal Cosmetics business since 1984. Ayur provides a wide range of
beauty cosmetics strictly prepared with herbal components. The products are
made from herbals. The cosmetic products range from hair oil, shampoo, natural
henna & conditioner to sunscreen, face pack & cleansing milk. The
popular products are Tulsi neem soap, rose water, fairness bleach, wax, body
lotion, cold cream, face pack & scrub, moisturizer, skin toner, hand care
& foot care products. Shahnaz Hussain, India’s leading company in the field
of natural beauty and anti-aging treatments. It started in the 1970s by Shahnaz
Husain in New Delhi. It has a chain of over 400 beauty centers worldwide. The
group has activities as diverse as beauty training institutes, herb
plantations, retail stores & products. The company is very popular for its
specialized clinical treatments and therapeutic products for specific problems
like acne, pigmentation, scars and blemishes, skin-sensitivity, dandruff, hair
loss and alopecia. The product range has over 350 products in 20 different
categories for skin, hair & body care. All the products are sold under the
brand name of Shahnaz Hussain.
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