NEWS > 23 June 2021
Cosmoprof India has been postponed to December 9-11, 2021. BolognaFiere and Informa Markets, organizers of the event, jointly decided to reschedule the second edition of Cosmoprof India to grant a safe experience to stakeholders and exhibitors.
The exhibition will be held in a new venue, Jio World Centre in Mumbai: a highly appreciated hub for conferences, festivals, and concerts, located in a curated ambience. The synergy between modern architecture and nature is highlighted by the top-level services offered by the structure. Cosmoprof India will be the first beauty trade show held in the hub, welcoming attendees in a safe and stimulating space.
Cosmoprof India will keep a steady eye on the evolution of the Indian beauty market, presenting international stakeholders with innovative Indian trends and proposals.
Demographic growth, ever-improving living conditions, and the development of the manufacturing and digital sectors have given a boost to the Indian economy over the last few years. Today, the outbreak of COVID-19 and its consequences are impacting deeply on the state of the nation. As noted by Euromonitor International, an international market research company, the country's prospects for growth shrunk significantly from a CAGR of +8.5% that was achieved between 2016 to 2019. Over the period of 2019-2020, the industry witnessed a growth rate of 2.3% achieving a market value of a little over $15 billion in December 2020, while the growth forecast for 2020-2021 is 1.7%. In 2022 the revenue growth in the beauty sector is anticipated to increase by +2.8%.
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