Annual growth in the Indian beauty and cosmetics markets is estimated to remain in the range of 15-20 per cent in the coming years, twice as fast as that of the US and European markets
Massooma, Editor at New Age Salon & Spa magazine and knowledge partner for 'International Beauty Mart' (IBM) 2014, believes awareness in India of the latest global beauty trends and the numbers are prompting more international players to set up shop and increase their presence in India.
"India's cosmetics market is reportedly growing at 15-20 per cent annually, twice as fast as that of the US and European markets. Demand for skin whitening products by men as well as women, is driving the trend but other beauty products are not far behind," she said in a statement.
Over the last five years, cosmetics products have seen a growth of 60 per cent. Skin care cosmetics have experienced a relatively slower growth and products such as anti-wrinkle creams, cleansers and toners are not as popular as facial creams, moisturisers and fairness creams in this genre. Companies like Pond's and Fair & Lovely top the list in this segment.
The numbers of salons have also gone up. Its growth rate is 35 percent. Cosmetic treatments are also growing at the rate of 5 per cent. The hair and beauty industry is seeing a per capita annual spend of $1.2 which is expected to grow to $ 6.2 by 2015. The spa and body treatment segment is estimated to grow approximately $772 million over the next five to eight years.
"Driven by growing consumption in rural and semi-urban areas, the fast-moving consumer goods (FMCG) market is set to double from $14.7 billion in 2008-09 to $30 billion in 2014 in order to become the fourth largest sector in the economy with a market size in excess of $14.7 billion," Manoj Mehta, chairman, IBM 2014, said.
According to a study titled "Prospects in the FMCG sector," recently made public by the Associated Chambers of Commerce and Industry of India, FMCG sector will witness more than 50 per cent growth in rural and semi-urban India by 2014.
Butterfly Valve 4800 & Overflow Valve 74700ph
Butterfly Valve 4800
Butterfly valve whether manually or automatically operated, can be used in most liquid product applications in the food processing, pharmaceuticals & cosmetics and chemical industries. Butterfly Valve is used to control the flow of material through a circular pipe or tube. Typically the material is air, gas, steam, or liquid. Certain dry materials may also be handled through a butterfly valve.
Features of Inoxpa’s Butterfly valve
Types of Inoxpa’s Butterfly Valves
As a person becomes familiar with butterfly valves, they will undoubtedly discover other types of butterfly valves on the market. Listed below is a brief introduction to some of these best butterfly valves available in Indian market from Inoxpa.
- Mix proof double butterfly valve
- Sandwich Valve
- Multiway double butterfly valve
Overflow Valve 74700ph
The 74700 valve is a sanitary stainless steel overflow valve, whose design makes it adequate for protection of installations in the cosmetics and pharmaceutical industry. It is used to perform pressure bypass for safety purposes in order to protect lines, pumps, fittings, tanks, etc. It is widely used in the loops of purified water (PW) or water for injections (WFI).The valve is normally installed at the end of the line to maintain pressure at the end of the loop. As a result, the points of use in this area are provided with pressure. These valves are also used to prevent pump cavitations by creating a counter pressure during acceleration when the end-of-line flow rate is not sufficient.
Features of Inoxpa’s Overflow Valve
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