What is the Investment Required To Start Cosmetic Business in India? – Do you know? The Indian cosmetic market is witnessing 25% annual growth and by the end of 2025, the market will be valued at approximately USD 20 billion. So, if you are thinking of starting a cosmetic business, then this is the very right time. In this article, we will cover the topic “ What is the Investment Required To Start Cosmetic Business In India?

User submitted photo of Mohali Punjab India

First of all, we would like to introduce ourselves – Vive Cosmetic is the leading cosmetic company that deals in contract/third party manufacturing as well as private labeling manufacturing services across India. As we are in the cosmetic business, we know the requirements and investments for beginning your career in the cosmetic industry. Like any product-based company, you will need to have the best range of cosmetic range and most of the people for a third party manufacturing company. Because it has many positive aspect and help in controlling the overall operational cost.

Demand For Cosmetic Products In Indian Market | A Brief

With increasing development rates and per capita income, Indian consumers are looking for more and better personal care ranges. This increases the demand for herbal and ayurvedic products in the market. People are following trends and it is an era of social medic influencers. There are many companies offering healthier cosmetic ranges or so-called organic ranges in the Market. Also, the market is focusing on both women or men-centric approaches or you can say Unisex cosmetic range. It has opened many business opportunities and a wide range of scope. Due to the fact that Indian skin tone and weather conditions. Many foreign countries found it difficult to penetrate. This leads to increase startups in the cosmetic industry.

Rules and Regulations In India Regarding Cosmetic

As per the Drugs and Cosmetic Act, 1945, there are a set of rules and regulations regarding cosmetic manufacturing in India. All the manufacturing will be under the GMP (Goods Manufacturing Practices). Also, the cosmetics range is being divided into 11 further categories. Also, there is some compulsory submission for starting a business company.

  1. You will need Drug License no. and GST no.
  2. There should be a registered trademark
  3. Need of Identity Proof along with address proof.
  4. Bank Details
  5. Logo of the company

Total Investment Need For Cosmetic Business In India.

Product quality plays a very important role in the cosmetic business. For that, there is investment needed for product development and finding the best formulations. This process can cost up to 4 to 5 lakhs. Then the overall expense for setting up a business which is cost up to 2 lakhs. Also, you will also need to start marketing and sales that can cost initially up to 5o K. This cost always goes up due to many reasons and make it difficult to start a profitable business for many years. To lower the cost, many opt for contract manufacturing for cosmetic products.

Most cosmetic companies opt for third party manufacturing and there are companies offering private labeling as well. This business strategy is quite popular for an obvious number of perks, such as –

For any starting business, it needs huge investment and while opting for third party manufacturing, you will save money as well as time.

  1. It is a great way of making connections within the cosmetic industry.
  2. Also, the company can focus on other important task such as marketing, and sales.
  3. The company can have a large inventory without owning it.

Best Third Party Cosmetic Manufacturing Company In India – VIVE COSMETICS

Vive Cosmetics is an ISO-GMP certified company with the best quality cosmetic range. The company mainly deals in Third Party Cosmetic Manufacturing, Private Labelling, and contract manufacturing of a wide range of cosmetic range. There is quite a long list of products we are offering for manufacturing at an affordable range. Also, the company can handle large orders and has its own warehouse. So, you are getting all the facilities along with private labeling only at Vive Cosmetics. Following is the Highlights Of VIVE COSMETICS –

  1. Best Manufacturing Unit along with R&D department, innovation, and quality control.
  2. All the products go through strict clinical trials and approval from FDA and FSSAI.
  3. 100% Quality assured with effective and safe formulations.
  4. Custom Formulations for cosmetics range

Cosmetic Range By Vive Cosemtics –

For more details, you can contact VIVE COSMETICS either by calling us at 9041480773 or by sending us an email at [email protected].