With Indian consumers increasingly being drawn to the innovative beauty trends originating from East Asian nations, Japanese beauty companies are strategically targeting this market for growth, said a report by GlobalData. The surge in popularity is attributed to the focus on natural ingredients. With India’s health and beauty industry projected to grow at a value compound annual growth rate (CAGR) of 5-6 per cent from 2022 to 2027, these companies aim to make a significant impact, said GlobalData.
Mani Bhushan Shukla, Consumer Analyst at GlobalData, said, “Rooted in R&D, J-beauty shares similarities with Korean beauty (K-beauty) and introduced revolutionary products like oil cleansers. While K-beauty relies on eye-catching product assertions, trendy ingredients, unconventional packaging, and quick results, J-beauty emphasizes efficiency, enduring effects of formulations, and refined packaging akin to Western beauty goods.”
“J-beauty places importance on preventive measures instead of fixing damage, starting skincare and haircare routines at a young age. Although both K-beauty and J-beauty incorporate multi step routines into their skincare regimens, they differ in complexity. J-beauty sets itself apart from the former by embracing a more streamlined approach with fewer products, resembling Western beauty regimens.”
With the rise of rapid urbanization, along with competitive workplaces and pervasive social media, the importance of personal appearance has grown significantly.
Francis Gabriel Godad, Consumer Business Development Manager at GlobalData India, said, “Urban consumers with busy schedules are looking for easy-to-use skincare and haircare products to better manage their time. This aligns with GlobalData’s Q4 2023 consumer survey, wherein 66% of female consumers in India stated that their choice is influenced by how well the product/service aligns with their time and money constraints when buying health and beauty products.”
According to the results of GlobalData’s Q4 2023 consumer survey, 74 per cent of female consumers are consistently or frequently influenced by the uniqueness and enjoyability of a product or service when making health and beauty purchases.
Mani Bhushan Shukla added, “Recognizing the increasing demand for natural and organic products in India, J-beauty manufacturers have rolled out new formulations to meet the preferences of the discerning consumer base, including aging individuals. J-beauty thereby resonates with the ‘clean beauty’ trend, which is a concept encompassing product claims such as ‘natural’, ‘organic’, ‘green’, and ‘allergen-free’.”
Furthermore, the popularity and appeal of J-beauty products are also because these are not only effective but are also simple and require minimal time and effort.
Francis Gabriel Godad said, “The Japanese cosmetics industry has gained worldwide recognition for its pursuit of quality. Through meticulous control of procurement, processing, and production systems, as well as the implementation of stringent quality assurance protocols, Japan has become a trusted and respected player in the global market. In recent years, India has also witnessed the emergence of a growing trend towards J-beauty products, solidifying its position as a popular destination for such beauty products.”
Social media too plays an important role when it comes to product choices of beauty and grooming products as evidenced in the GlobalData’s Q4 2023 consumer survey wherein 61 per cent of respondents affirmed that social media or YouTube influenced their purchase decisions.
Francis Gabriel Godad concluded, “The viral ‘selfie’ culture has been key in shaping consumer desire for experimentation in beauty products among the tech-savvy consumers. Additionally, manufacturers can disseminate information about products using popular online platforms such as Facebook, YouTube, X, and Instagram.”