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Agenda-setting intelligence, analysis and advice for the global fashion community.

The Battle for India’s $16 Billion Beauty Market Intensifies

Digital-native brands with a razor-sharp focus on the latest trends jostle for position in a market set for rapid growth as big beauty conglomerates try to tighten their grip on power.
Models in a campaign shot for Kay Beauty's 3rd anniversary in 2022.
Models in a campaign celebrating Indian brand Kay Beauty's third anniversary in 2022. (Nykaa)

When Sabina Sachdeva’s makeup bag contents begin to change, so too do those of her clients.

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Further Reading

How India’s Nykaa Aims to Beat Sephora

The Indian beauty unicorn is preparing for an IPO that could see it reach a valuation of $3 billion thanks to persuasive digital marketing and a hyper-local merchandise mix.

Beauty’s Next Big Opportunity: Ayurveda

Estée Lauder and Puig are investing in Indian ayurvedic beauty brands, but can they overcome the many challenges associated with incorporating ancient practices into a modern, global business?

About the author
Arnika Thakur

Arnika Thakur is a contributing writer at The Business of Fashion. Based in New Delhi, India, she is an independent journalist and writer who covers a range of topics including luxury, fashion, beauty, finance and hospitality.

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