Mumbai is a thriving business hub with diverse companies and industries spanning finance, entertainment, technology, manufacturing and healthcare. The city’s corporate landscape and real estate market share a symbiotic relationship. As businesses flourish and expand, they drive demand for office spaces and housing. prompting real estate developments. Conversely, a robust real estate market attracts more enterprises, shaping Mumbai’s economic trajectory and exemplifying the intricate interplay between corporate activity and real estate dynamics in this vibrant metropolis.
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Business landscape in Mumbai
Mumbai’s business landscape boasts diverse thriving industries and sectors. It is the nucleus of India’s financial activities, with a robust banking and finance sector. Additionally, the entertainment industry flourishes here, including Bollywood and media conglomerates. Mumbai is a technology hub, hosting IT companies and startups. Manufacturing plays a pivotal role, with a focus on textiles and pharmaceuticals. Healthcare, advertising, and hospitality sectors also contribute significantly, making Mumbai a multifaceted business powerhouse.
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Top Cosmetic Companies in Mumbai
Nivea India
Industry: Cosmetic, Beauty & Wellness
Company Type: MNC
Location: Phoenix market city, Kurla west, Mumbai Maharashtra- 400093
Founded in: 1882
Nivea India is a subsidiary of Beiersdorf AG, a global skincare and cosmetics company. It specialises in producing a wide range of skincare and personal care products, including creams, lotions, and deodorants. Nivea India has undertaken various projects to expand its product portfolio and enhance its market presence, catering to the diverse skincare needs of Indian consumers.
Purplle
Industry: E-Commerce, Cosmetic, Beauty & Wellness
Company Type: Startups
Location: Ghatkopar West, Mumbai Maharashtra-400086
Founded in: 2011
Purplle is an Indian e-commerce platform specialising in beauty and personal care products. The company offers various cosmetics, skincare, haircare, and grooming products from renowned brands. Purplle has undertaken initiatives to provide an extensive online marketplace for beauty enthusiasts, offering quality products and beauty-related content to cater to diverse consumer preferences.
LOreal India
Industry: Food, FMCG, Retail, Cosmetic, Beauty & Wellness
Sub Industry: FMCG, Personal Care
Company Type: MNC
Location: Lower Parel, Mumbai Maharashtra -400013
Founded in: 1991
LOreal India, a subsidiary of LOreal Group, is a prominent player in the cosmetics and beauty industry. The company specialises in producing a wide range of beauty and skincare products. L’Oreal India has undertaken initiatives focusing on sustainability and inclusivity. It offers an extensive portfolio of cosmetics, haircare, skincare, and fragrance products to meet diverse consumer preferences in the Indian market.
LakmeÂ
Industry: Retail, Cosmetic, Beauty & Wellness
Sub Industry: Personal Care
Company Type: Â Industry Top
Location: Chakala, Andheri (East), Mumbai Maharashtra -400099
Founded in: 1980
Lakme is an iconic Indian beauty brand, part of the Unilever portfolio. It’s renowned for cosmetics, skincare, and salon services. Significant projects include collaborations with fashion events like Lakme Fashion Week. Lakme offers a wide range of beauty products, from make-up essentials to skincare solutions catering to the diverse beauty needs of Indian consumers.
Vini Cosmetics
Industry: Retail, Cosmetic, Beauty & Wellness
Sub Industry: Personal Care
Company Type: Industry Top
Location:Â Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra – 400051
Founded in: 2009
Vini Cosmetics is a renowned beauty and personal care company. It specialises in producing high-quality cosmetics and skincare products. Some of its major projects include the Fogg brand of deodorants and fragrances. Vini Cosmetics is known for its innovative and affordable beauty solutions, offering a wide range of products that cater to various skincare and grooming needs.
VLCC
Industry: Retail, Cosmetic, Beauty & Wellness
Sub Industry: Personal Care
Company Type: Industry Top
Location: Prabhadevi, Mumbai, Maharashtra – 400025
Founded in: 1989
VLCC(Vandana Luthra Curls & Curves) is a prominent global wellness and beauty company. It specialises in providing a wide range of beauty, skincare, and wellness services, strongly emphasising weight management and skincare solutions.VLCC has executed numerous significant projects in the health and beauty industry and offers a diverse range of products including skincare, haircare, and nutrition products, catering to customers worldwide.
Anchor Health and Beauty Care
Industry: Beauty, Personal Care
Company Type: Industry Top
Location: Lower Parel (West), Mumbai Maharashtra- 400013
Founded in: 1992
Anchor Health and Beauty Care is a company specialising in manufacturing and distributing personal care and beauty products. They produce a wide range of skincare, haircare, and grooming items. Major projects may include launching new product lines or collaborations with influencers. Anchor Health and Beauty Care aims to provide quality beauty solutions to consumers.
Givaudan India
Industry: Beauty, Personal Care
Company Type: MNCÂ
Location: MIDC Andheri East, Mumbai Maharashtra-400093
Founded in: 1895
Givaudan India is a subsidiary of Givaudan, a global leader in the fragrance and flavour industry. Givaudan India specialises in creating fragrances and flavours for various industries, including food, beverages, personal care, and home care. The company undertakes projects to develop innovative sensory experiences and offers diverse fragrance and flavour solutions to its clients in India and beyond.
Enrich Salon and Academy
Industry: E-Commerce, Cosmetic, Beauty & Wellness
Company Type: Industry Top
Location: Â JB Nagar, Andheri East, Mumbai Maharashtra -400059
Founded in: 1997
Enrich Salon and Academy is a renowned beauty and wellness company in India. It operates a chain of salons and offers professional beauty and grooming services. Major projects may include expanding salon locations, introducing new services, and training programs through its academy. Enrich provides a wide range of beauty treatments and products to enhance personal grooming and well-being.
MyGlamm
Industry: Retail, E-Commerce
Sub Industry: Personal Care
Company Type: Startups
Location: Lower Parel, Mumbai Maharashtra- 400011
Founded in: 2015
A cosmetics and beauty company called MyGlamm sells cosmetics and skincare items. Due to its distinctive perspective on beauty, it has been able to complete important projects like partnerships with well-known makeup artists. They offer skincare and makeup necessities that address a range of aesthetic requirements.
Commercial real estate demand in Mumbai
Office Space
Mumbai’s demand for office space is consistently driven by cosmetic enterprises. These enterprises demand modern, well-equipped offices for administrative, marketing, and research needs, typically found in commercial centres like Bandra-Kurla Complex and Lower Parel.
Rental Property
The Mumbai rental property market is impacted by the presence of cosmetic enterprises. Rent rates increase due to the high demand for office space, which impacts both commercial landlords and companies searching for low-cost lease options.
Impact
Mumbai’s booming commercial real estate sector is greatly impacted by this demand. On the other hand, smaller companies can run into problems, forcing them to consider setting up office space or flexible workspace options to reduce lease costs.
Impact of Cosmetic Companies on Mumbai
Mumbai’s real estate market has been significantly impacted by cosmetic industries. Their presence has helped commercial real estate in key areas by increasing demand for luxury office space. The local economy and developers have benefited from the rise in property values and rental rates brought about by this surge in demand. Mumbai’s place as a thriving economic hub in India was further confirmed by introducing hubs for the cosmetic sector.
FAQs
Which brand of cosmetics is the most well-known?
L'Oréal is the largest firm in this sector, with cosmetics sales of more than USD 29.4 billion annually. The business provides an extensive selection of cosmetics, including makeup, skincare, hair care, sun care, perfumes, and hygiene items.
How many companies are selling cosmetics in India?
In India, 165 businesses sell cosmetics and personal care items.
Which Indian online cosmetics retailer is the largest?
Nykaa.com was rated India's most popular and frequently visited beauty and cosmetics website in August 2023. Mama Earth came in third, well behind Purplle.com, which took second.
The safest cosmetics are produced by which Indian company?
Biotique. Biotique has never let down its customers' trust. Biotique has persisted through the years thanks to its recyclable packaging and entirely organic products.
Which nation is known for its beauty?
Excellent cosmetics and cutting-edge cosmetics technology are well-known in Japan. Japanese manufacturers are recognised for their innovative use of organic materials and innovative product design.
Where do people use cosmetics the most?
The bulk of the world's cosmetics and personal care products are sold in North Asia. The North Asian region will account for almost a third of the market in 2021. In this field, China is now the dominant nation. The North American region accounts for about 26% of the global market.
Which Indian cosmetics company is the oldest?
Lakmé is the oldest cosmetics producer in India.
Which company is the second-largest manufacturer of cosmetics?
Highest-value cosmetics companies By comparison, the valuation at the end of 2022 was valued at $190.5 billion, a rise of 24.2%. Estée Lauder is the second-largest cosmetics manufacturer in the world. The company is based in New York and has a market value of $57.8 billion.
Who commands the cosmetics industry?
With global sales of beauty products exceeding $40 billion in 2022, the French cosmetics company L'Oréal remained the market leader. L'Oréal Paris will be the company's most popular personal care brand internationally in 2022, with a market value of almost 48 billion dollars.
What is the best Indian brand of organic cosmetics?
Khadi Essentials, one of the best natural skincare companies in India, it treats all skin conditions from head to toe. It is a paraben- and SLS-free vegan and organic brand.
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