How Derma Range is Best for Pharma Franchise Business?
How is Derma Range Best for Pharma Franchise Business? – The skincare industry in India is growing rapidly. One can see great demand for the derma medicines and products across the globe. The Indian pharmaceuticals industry is divided into fragments and one of the most popular is dermatological drugs. The opportunity in this market is great and you are likely to earn a good income out of it. How is derma range the best for pharma franchise business? This question has been put up by many and now they enjoy a good business in India who put faith in the derma market.
Dermatology industry caters the widest demand in India that fulfils daily to essential skincare needs. These provide extensive care to the largest organ of the body i.e. skin. Pharma franchise business in this market segment is fruitful and rewarding at the same time. You will meet through good demand for these product ranges as more people are investing in this range. If you are still wondering how derma range is the best for pharma franchise business then read the whole article to get more insights related to the derma and cosmetic market that is also called skincare industry synonymously by many people.
Statistics and Facts about the Dermatological or Skincare Industry of India
The skincare market in India is evolving rapidly. The current scenario has been an eye-opener for those who are really interested in this market. The penetration level is 20% which is expected to be favourable in next few years as Indian skincare industry is at the primary stage. Before jumping to any of the conclusions, we bring you statistics and some facts that depict the growing skincare industry of dermatology market and cosmeceuticals markets in India.
The global industry of Dermatology is said to be a value of US $33.7 Billion by the end of 2022. This will be more than 50% from $20 billion in the year 2015.
In India, Men’s grooming and personal care market are garnering $10 billion (Rs.61, 000 crores) personal care market.
Each year in the Skin Care Industry grows by more than 25 percent which is boon for many businessmen.
The Indian cosmetics market is growing twice as fast as that of the United States and European market. This shows that dermatology market growth is quite impressive to counterparts China, Japan etc.
The skincare industry is said to be an estimated Rs. 3,400 Cr with the dermatology size being 1950 crore. It is growing at a good range of 11 percent.
Growing Demand for Derma Medicines and Products in India
People across the globe are conscious about their looks and skin in particular. India is no stranger where skin health care and the condition is taken very seriously. With rising beauty standards, decreasing skin care resolution and bad lifestyle, it has added to growing conscious among the general masses.
Skin problems like atopic dermatitis, psoriases, skin allergies, acne vulgaris and rosacea etc are rapidly increasing in India. Skin disorders are taken seriously by the people but still, the cases are rising each year,
Technology advancement and skincare evolution have helped in providing better and improved solution to the masses. Extensive marketing and promotion have helped people get aware of the new trends and consumer knowledge about the medicines and products.
The growing economy of India has resulted in growth per capita income that is effective in raising good demands from the general public.
People are getting aware of the new trends in skincare industry and are ready to adapt it. Newer and guarantee of authenticity have driven the market positively.
Why Invest in Pharma Franchise for Derma Range in India
Owning dermatology range for pharma franchise is a good choice! The market has good benefits for all those who ready want to spend on good ROI. PCD franchise business is the best way to get good profits with great expansion opportunities. The market is evolving quickly and one can see great investment here by the public for a beautiful and flawless skin and hair.
Dermatology market is taken into account few consumer commodities like sunscreen, soaps, creams, lotions, face wash, shampoos etc. They are used in day to day life and people are willing to spend on it as they find it essential in every house.
The return on investment in this market is quite attractive. You get regular customers as skin disorders are many of them are chronic in nature. Thus you enjoy good customer base here.
To take up pharma franchise, Canbro healthcare is the best Derma franchise company in India with over hundreds of dermatological medicines and products to offer. This market is a profitable segment of pharmaceuticals industry and you could earn a good profit through it.