India’s beauty market targets $40bn by 2030 as online, personalised care gain ground

India’s beauty and personal-care market, valued at about $23 billion, is projected to reach $40 billion by 2030. Online beauty’s share of spending rose from 8% in FY2020 to 20% in FY2025 and could reach 34–38% by 2030, supported by Tier-2/3 demand, social influence and science-led skincare.

— Filed Tue, 28 Jul, 2026, 18:30 IST · Source Times of India · Business · Updated

India’s beauty market is shifting toward science-led skincare, personalised products and aesthetic treatments. The $23 billion sector is projected to reach $40 billion by 2030, with online beauty spending expected to rise sharply as Tier-2/3 demand, social media and men’s grooming expand.

Why this matters

No related recent signals were provided. The outlook indicates an omni-channel shift as online beauty expands alongside demand from Tier-2 and Tier-3 consumers.

Omni-channel is steady, with 1,669 signals in the past 90 days; no QoQ change figure was provided.