There are few markets in the world that are exploding at the rate of the multi-billion dollar beauty and cosmetics market in India.
The Indian Beauty market was valued at $6.5B in 2019 and is expected to appreciate to more than $25B by 2025. India’s biggest tycoons such as Mukesh Ambani have already recognized the present opportunity, invested heavily in the space , and brought in international partners such as Facebook and Silverlake Partners, and General Atlantic to supercharge its growth.
The country’s improving economic conditions. growing average disposal income amongst consumers, and e-commerce boom are the principal factors for the growing market cap. More women are online now than ever before who have an inclination for beauty products and expert advice.
However at the same time, one of the largest and most prohibitive barriers for proper skin care and beauty routines has been a complete lack of scientifically backed objectivity in the beauty market that could provide bespoke, tailored solutions to consumers.
In the effort to resolve and satisfy that huge market gap, one of India’s most prominent serial entrepreneurs in the luxury industry, Queenie Singh has ventured into the beauty industry and engineered a scientifically sound solution to provide consumers on the macro scale tailored beauty advice and turnkey product antidotes.
Her debut beauty app, which is set to launch in 2021 will provide India’s first online destination where consumers can navigate according to their skin care needs and find sound, scientific advice provided by leading dermatologists, experts and specialists.
Furthermore, Queenie and her team have reversed-engineered scientifically backed and natural products that will tap the most high-demand trigger points of her app’s community.
All in all, Queenie’s venture represents the first objective, reliable, and turnkey solution to one of the biggest problems faced by one of the highest growth sectors in the world today.
We tried to reach Queenie but she was not available for comment.
(Syndicated press content)
