Rise of K-Beauty in India: Decoding the $1.5Bn Opportunity

Market Growth & Trends – India’s beauty market to hit $45B by 2030 (~12% CAGR) – K-Beauty projected to grow from $0.4B (2024) to $1.5B (2030) at 25.9% CAGR – Over 27M K-beauty buyers by decade-end – Driven by premiumisation, cultural affinity & Gen Z’s preference for high-quality, price-efficient products

Consumer Behaviour Insights – “Routine loyal, brand fluid” – blending masks, serums, sunscreens into 3–4 step routines – 60% use 3–6 products daily; high experimentation with hero ingredients – 81% discover products on YouTube; 70% purchase based on K-pop idol recommendations – 80% rely on reviews & videos before buying – 51% spend ₹1K–₹3K/month on beauty

Experience & Community Building – 80% interested in K-beauty workshops – Self-care seen as self-expression – Online & offline experiences key for brand connection – Platforms like kindlife bringing trending global beauty brands to India’s 700M Gen Zillennial consumers