Malaika Arora Opens Inaugural Edition of Beauty India Show in Mumbai
by EVENTFAQS Bureau Business Events | March 29, 2017 | News
Beauty India Show Malaika Arora Bombay Exhibition Centre
The fast moving consumer goods (FMCG) segment is the fourth largest sector in the Indian economy. The market size of FMCG in India is estimated to grow to US$ 74 billion in 2018. Considering the growth potential of the industry, the internationally renowned organisers of various B2B and B2C exhibitions, Sumansa Exhibitions have launched Beauty India, an exclusive B2B exhibition catering to the needs of the beauty, cosmetics and personal care industries.
Beauty India’s debut edition opened in Mumbai at Bombay Exhibition Centre, Goregaon on March 27 and will go till March 29.
Popular Bollywood style icon and actor Malaika Arora and Lakmé Lever India CEO, Pushkaraj Shenai jointly inaugurated the exhibition that hosts over 75 exhibitors representing skin care & hair care (both professional, wellness and personal product lines), colour cosmetics, personal care products, nail care and accessories, professional equipment and Spa, fragrance and machinery, packaging and raw material suppliers among others.
Appreciating the initiative, Malaika Arora said, “An exhibition to cater to the booming beauty and cosmetics industry is the need of the hour. I am delighted to see this wonderful showcase and happy to be part of its inaugural edition. Looking well-groomed is part of our lives, and Indians understand that very well. The Beauty India exhibition simply reflects our thriving beauty industry and the potential that it holds for the global brands. With a population of over 1.3 billion, the opportunities for exhibitors to make inroads in this market are endless and extremely lucrative. This is a great platform to find partnerships and build on brand value”.
Prominent exhibitors at the show include Lakme India, L’Oreal India, Ozone Ayurveda, AcronPlast, Berina, EsselPropack, Shilpa Cosmetics, Veera Fragrances, Wespro Corporation, SSCPL Herbals, Skin Secrets, Sanex Packaging Connection, Nyassa Spa Products, All India Cosmetic Manufacturers Association, All India Hair and Beauty Association, Cospack India, Headstart International, Strands Salon, N.V. Organics, Forever Beauty care amongst many others. The exhibitor list also includes companies from China, Germany, Indonesia, Korea, Poland and UAE.
Commenting on the occasion, Pushkaraj Shenai, Chairman, Advisory Committee - Beauty India & CEO-Lakmé Lever Pvt. Ltd., said, “A platform like Beauty India has the potential to shape the future of the Indian beauty industry. The $3-billion beauty services industry offers huge opportunities across the value chain for talented beauty and styling professionals, managers and entrepreneurs. Apart from the opportunity in the domestic market there is significant interest in the global market for all things Indian. Lakme Salon and Lakme Academy have played an integral role in the beauty ecosystem across the country for the last 37 years. We aspire to scale this rapidly and invite talented individuals to join us as beauty entrepreneurs. I am confident that Beauty India will grow into an ideas and innovation marketplace that all Indian beauty professionals are proud of.”
Himanshu Gupta, General Manager, Sales & Marketing B2B Events, Sumansa Exhibitions added , “The overall beauty and personal care market in India is estimated at Rs 74,700 crore by retail sales value and the personal care industry in India has been expanding at 13 percent year-on-year, far surpassing the overall economic growth rate. India’s incredibly large consumer base has a growing disposable income and places importance on personal care. Retail sales look to increase at an average of seven percent over the next decade and that presents a huge opportunity to global brands to tap exponential growth that we are going to witness. The beauty business is booming and there’s enough room for more players. Through our exhibition, we aim to provide international and domestic brands a suitable platform for exploring business opportunities, finding partnerships, exchange of ideas and networking.”
The exhibition provides a unique platform for launch of products, networking opportunity with industry leaders, building new partnership, exchange of ideas, product display, franchise opportunities, live demonstrations, innovation and showcasing new technologies for all stakeholders such as manufacturers, suppliers, ancillaries, end-users, emerging entrepreneurs and government institutions. Moreover, being a business driven platform, there would be value added events running concurrently to the exhibition like Buyer-Seller Meet, On-Site Beauty Sessions, Seminars & Workshops and Demo Areas.
The B2B exhibition on beauty and wellness provides a holistic platform for brands, business owners and industry drivers to network and give birth to business expansions.