India Luxury Cosmetics Market Size & Outlook, 2025-2033

India Luxury Cosmetics Market Insights

According to Deep Market Insights analysis, the India Luxury Cosmetics Market size was USD 1747.77 Million in 2024 and is projected to reach USD 2844.29 Million by 2033.
The India market is projected to grow at a CAGR of 5.53% between 2025 and 2033.
By segment, Skincare emerged as the largest Product in terms of market size in 2024.
Color cosmetics is anticipated to remain the most attractive Product segment, recording the fastest growth during the forecast period.

In 2024, India accounted for 3.07% of the global Luxury Cosmetics Market size.
By 2033, United States is expected to lead the global Luxury Cosmetics Market in terms of market size.
Within Asia Pacific, China is projected to dominate the regional Luxury Cosmetics Market size by 2033.
Taiwan is identified as the fastest-growing market in Asia Pacific, anticipated to reach USD 811.13 Million by 2033.

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 1747.77 Million
Market Size In 2033	USD 2844.29 Million
Largest segment	Skincare
Units	Revenue in USD Million
CAGR	5.53% (2025-2033)
Segmnetation Covered
Product	Skincare Color cosmetics Fragrance
Price tier	Ultra-luxury Premium
Channel	Luxury retail Duty-free Online
Customer	Affluent consumers Gift buyers
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Product	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Skincare	XX.x	XX.x	XX.x	885.07	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Color cosmetics	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Fragrance	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Price tier	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Ultra-luxury	XX.x	XX.x	XX.x	1114.55	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Premium	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Channel	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Luxury retail	XX.x	XX.x	XX.x	790.69	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Duty-free	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Online	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Customer	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Affluent consumers	XX.x	XX.x	XX.x	973.86	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Gift buyers	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x