Scholarship
The Global beauty market is expected to garner $429.8 billion by 2022, registering a CAGR of 4.3% during the forecast period 2016-2022. Online channels gaining popularity among consumers with the shift of preference towards natural and organic beauty products stimulate the growth of the beauty industry creating potential opportunities with an innovative and developed manner in accordance with consumer preferences. Cosmetics play an important role in enhancing one’s inherent beauty and physical features. This growing demand for cosmetic products has in turn led to the growth of the industry across the world.
An insightful and growth-oriented learning experience lies behind this BPRO membership. We welcome the global professional artists who share the same vision and passion as us and want to be a part of a society that solely focuses on the well-being and growth of beauty professionals and beauty industry worldwide.
The opportunities for Indian beauty professionals are unlimited in the country with a population of over 1.3 billion. The beauty industry has a lot to offer and branches into different fields such as skin care, hair care, makeup, spa, beauty products or retail, etc. Sometimes lack of information successfully results in frightening the young and inexperienced professionals. Become a member of BPRO and get to know about every inroad of this market and learn sensibly with better understanding and guidance of experienced peers.
Funding
The beauty business is one which is constantly evolving and success will depend on innovations and keeping up with new trends. New techniques and technology are also driving the growth in product innovation. Today awareness of beauty products and treatments is at an all-time high across the globe, future trends in the coming year will also be dictated by the demand for customized beauty care and personalized products. The sudden surge in the industry follows due to the constant evolution of lifestyles and individual choices in the use of Beauty products among men and women. There is a higher consciousness for Skin-care products contributing due to the regular working schedule. The new lifestyle has caught on to attribute ourselves with grooming and enhancing our physical features to be upbeat with the world.
This demand certainly grows on the industry’s performance and asks for its elevation. Our Professionals at BPRO adhere to such qualities by striving to achieve our motto of ‘Advancing the Global Beauty Industry’.
The beauty and wellness industry in India is booming, with a tremendous potential for growth. In fact, it is said to be growing twice as fast as markets of the United States and Europe. India is also the second largest consumer market of Beauty in the world. No wonder foreign companies have been targeting the Indian beauty market!
India can certainly be said as the Next Big Global Beauty Market. The country’s improved economy in terms of disposable income and its connectivity as well as exposure through Internet contribute to the ever-growing Beauty demand. With the diverse set of consumers in India, the Beauty Industry needs to catch up with the production of products and services that are valued by the ultimate buyer. Such notions make India a huge consumer, observer and critic of the Beauty Industry.
With the Industry outcomes and Consumer demands, there is no stoppage to the potential of the Beauty and Wellness industry in India.
CMS
The global cosmetic market grew an estimated of 5.5 percent in comparison to the previous year, marking its potential growth and demand. Skincare, hair care, make-up, perfumes, toiletries and deodorants, and oral cosmetics contribute to the prominent product categories of the Makeup Industry worldwide. The growing consciousness of grooming had made Skincare the leading category, accounting for about 39 percent of the global market. Hair care products made up a further 21 percent, while make-up accounted for 19 percent. Skin care has been forecast to remain the most profitable product category, as its market value is projected to grow by 20.1 billion U.S. dollars. As of 2018, Asia Pacific was the industry leader, accounting for approximately 40 percent of the global market.
Beauty Professionals Association (BPRO) prepares the upcoming professionals by teaching the key factors to successfully enter the beauty and cosmetics market in India including careful understanding and adaptation of the Indian as well as International market.
India’s cosmetic industry is projected to grow at a CAGR of over 6% during 2018-2024. The personal care and cosmetics sector in India has shown continued strong growth, increasing demand from the youth population, increasing adoption of western culture & lifestyle. The swift growth of the beauty business has not only impacted Indian firms to encourage competition in the space but has also lured numerous international brands into the country. India is on the road to uplift professional make-up lines or businesses that can cater to the wide range of salons and professional make-up artists across the country.
Beauty Professionals Association(BPRO) prepares the upcoming professionals by teaching the key factors to successfully enter the beauty and cosmetics market in India including careful understanding and adaptation of the Indian as well as International market.
