L’Oréal India, a leading beauty player, is gearing up to ride the wave of India’s burgeoning beauty market. The recent visit of Nicolas Hieronimus, CEO, L’Oréal Group and the Executive Committee to India marked a significant milestone for the brand.
Vismay Sharma, President, SAPMENA L’Oreal shared via a LinkedIn post that as India celebrates its 30th anniversary with L’Oréal, the country’s beauty landscape is undergoing a rapid transformation. Rising affluence, increased awareness of advanced beauty science, and the accessibility of e-commerce are fueling the demand for premium beauty products. L’Oréal is optimistic about India’s potential to become its #1 new consumer acquisition engine.
He further delved into explaining how digital commerce has emerged as a key driver of growth in the Indian beauty market. With an average Indian spending over 7 hours daily on their phones and a massive internet user base, online channels are poised to dominate the future of beauty shopping. Quick commerce, offering lightning-fast delivery of beauty essentials, is further accelerating this trend.
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He also explained how L’Oréal India is well-positioned to capitalize on these opportunities, leveraging its strong brand portfolio, innovative products, early investment in e-commerce, and talented team. The company remains committed to serving the evolving needs and aspirations of Indian consumers.
Nicolas Hieronimus and the L’Oréal Executive Committee’s visit provided valuable insights into the changing market dynamics and consumer preferences. This visit underscores the company’s dedication to India and its vision to shape the future of beauty in the country.
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Furthermore, Sharma also thanked Nicolas Hieronimus, Comex colleagues, Aseem Kaushik, Country General Manager L’Oreal India and the entire India team for their invaluable contributions and warm hospitality.
