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A Detailed Report On Cosmetic Products Import-Export

A Detailed Report On Cosmetic Products Import-Export

India is a major exporter of Cosmetic Products, and its exports have been growing steadily in recent years. In 2022-23, India exported US$ 2.38 billion worth of Essential oils and Resionoids, (HS 33), establishing 7% YoY growth.

Indian beauty products have found their way into various corners of the world, with top export destinations being the US (US$ 425.08 million), UAE (US$ 412.46 million), China (US$ 111.34 million), Nepal (US$ 74.57 million), and Bangladesh (US$ 69.27 million).

However, one market that has been rapidly embracing Indian beauty offerings is Russia. According to the Department of Commerce, Government of India, India’s exports of beauty products to Russia reached US$ 17.67 million in FY 2022-23 to Russia, registering a 17% CAGR since 2018-19.

By 2025, along with this growth, India will constitute 5% of the total cosmetics market and reach the top five global markets in terms of revenue. Additionally, the market will continue to rise strongly due to consumers’ growing choice of specialty cosmetic products such as organic, herbal, and ayurvedic items.

The Indian beauty market continues to be one of the fastest-growing ones in the entire world. India is one of the most attractive countries for multinational corporations aiming to increase their market share, with a population of over a billion people and rising disposable income.

Top Skin Care and Cosmetic Products Exported from India

India is a significant exporter of skin care products, offering a wide range of products to suit various skin types and demands. Among the most popular skincare and cosmetic products exported from India are:

Ayurvedic facial oils: Ayurvedic face oils are becoming increasingly popular due to their healing and revitalizing effects. These oils are produced from a combination of herbs and carrier oils and are designed to improve skin texture, elasticity, and overall complexion.

Hair care products: India is also a significant exporter of hair care goods such as shampoos, conditioners, hair oils, and hair treatments. Indian hair care products are frequently based on traditional Ayurvedic formulations and are well-known for creating healthy, strong hair.

Products containing neem: Neem is a standard Ayurvedic ingredient with antibacterial, antifungal, and anti-inflammatory properties. Because of their skin-healing and clarifying properties, neem-based products are commonly exported from India.

Herbal face masks: India has a long history of herbal medicine, which is a famous export. These masks are frequently prepared with natural substances such as turmeric, sandalwood, and Multani mitti (clay) to address diverse skin conditions.

Top Export Destinations for Cosmetic Products

  • China ($13.2 billion)
  • United States ($5.14 billion)
  • Hong Kong ($5.07 billion)
  • Germany ($2.87 billion)
  • Singapore ($2.6 billion)

Companies Importing From India

  • MAHAA MANUFACTURING AND MARKETING M SDN BHD
  • UPRISING SCIENCE PRIVATE LIMITED
  • L E LTD
  • CV PURITAN MANDIRI INDONESIA
  • VASANTHAM STORE
  • NEW SONIYA ENTERPRISES PVT LTD
  • OMEX INTERNATIONAL CANADA
  • STARBOARD DISTRIBUTION CE STARBOARD
  • ALI AHMAD HUSSEIN ALHAMASI

Top 3 Product Categories of Cosmetic Exports from India are

  • HSN Code 33049990: other
  • HSN Code 33051090: other
  • HSN Code 33049910: face creams

Export promotion council for cosmetics is

  • Chemexcil.in

Cosmetics manufacturing units are located in

  • Mumbai
  • Delhi/NCR
  • Gujarat
  • Himachal Pradesh
  • Chennai
  • Bangalore

Documents required for exporting cosmetic products are

  • Import-Export Code (IEC)
  • Sales Invoice
  • Certificate of Origin
  • CAMEXCIN CERTIFICATE
  • LAB AND TEST REPORT according to clients nee
  • Bill of Lading/Airway Bill
  • Phyto-sanitary Certificate: If required, obtain this certificate from the Agricultural and Processed Food Products Export Development Authority (APEDA) to certify the jaggery’s compliance with phytosanitary standards.

Other documents required on the basis of clients /country’s demand