Lifestyle and Healthcare

Cosmoprof India 2019

Purva Marwaha - 26-juin-2019 13:32:30

Business France India was present at the Cosmoprof India (Mumbai) exhibition from 12th – 14th June 2019 and was representing 4 French brands : Algologie and Dr. Renaud, Detaille 1905 and Affinessence on their booth. Cosmoprof is one of the leading global events in the cosmetics and personal care domain. It was a good platform to introduce the French brands looking to foray into the Indian market and have meetings at the event with the potential companies. Overall, there were 10 French companies participating at this event, namely : Phytomer, Rémy Laure, SFA, Gemology, Gamma Bross, Balmain.


In-Cosmetics Paris 2019

Brinder Rault - 31-mai-2019 06:53:57

The office of Business France India was present at the In-Cosmetics Paris Exhibition held from 2 nd – 4 th      April 2019 in Paris and coordinated meetings between the Indian and French companies interested in the Indian market. The In-Cosmetics Global Exhibition is the leading event for personal care ingredients and is a platform for suppliers, manufacturers, importers and distributors looking to network, take on new brands and understand market trends.


BEAUTY WORLD DUBAI 2019

Brinder Rault - 31-mai-2019 06:51:29

The office of Business France India was present at the Beauty World Exhibition held in Dubai from 15th – 17th April 2019.   This year, the French Pavillon had 74 exhibitors, 43% being new companies. Mr. Christophe Lecourtier, Director General, Business France who was on an official visit to Dubai, also visited the event on the opening day. Business France India coordinated meetings between the Indian and French companies interested in exploring business opportunities in the Indian market.  


India witnesses growth in Kidswear retail

Brinder Rault - 30-avr.-2019 12:44:37

The kids’ fashion segment has registered the fastest growth in the last year. In 2017, the Indian Kidswear market was estimated at 67 000 crore INR (€ 858 Mn) and accounted for 20% of the apparel market share. This segment is expected to growth at 8.1 % to reach 145 445 crore INR (€ 1.9 Mds) in 2027. Boy’s wear is slightly capping girl’s wear (53 % of the market share). Kidswear market in India is benefiting from the same consumer habits changes witnessed in the adult wear. Parents are more “brand aware” and incline to spend money for child’s apparel since they are more concern by their own appearance and the trends. The growth of nuclear families (along with social recognition) has given more purchase power to the family, with parents willing to buy the trendiest cloth for their child. E-commerce plays a crucial role in this growth by increasing accessibility all over the country. µ Another growing segment is “infant wear” dedicated to the age-group new-born babies to 4 years old kids. This segment has huge opportunities considering that India is home to an estimated 120 million babies from 0 to 4 years of age.   Looking at consumers behaviour, one finds that parents are well informed: they demand quality and ethical products, respectful of their child and the environment. The coming years would probably witness an increase of organic wear and materials that are sourced from fair-trade. The kids themselves are considered as consumers by the brands. These latter target children at an early age, playing with their centre of interests, presenting children in their advertisement campaigns to create a sense of belonging and make them chose their own apparels.


The French brand Olivier Claire at The Westin, Gurgaon

Brinder Rault - 30-avr.-2019 12:36:57

The French luxury brand skin care, Olivier Claire launched its products at The Westin, Gurgaon on Sunday, 28 th April, 2019. The brand, founded by Olivier Couraud in South West of France, entered the Indian market a year ago, collaborating with the Roseate Hotels & Resorts.   It was now the turn of the spa “Heavenly” at The Westin Hotel to enter in a collaboration with the brand. The Olivier Claire products and treatments are made in France with natural and vegetal essences which are a great value addition and powerful asset for the brand. Customers would be able to enjoy treatments of high quality, thanks to the vegetal skin care products offered by Olivier Claire. Treatments are available in the spa and are given by professionals trained in France. Products can also be purchased for daily skin care routines. Olivier Couraud is delighted to witness the increasing interest in his products. Although India is a demanding market, he found amazing partners and skilled spa managers to tie-up with. He also stressed the awareness of Indian customers and their growing concern for their skin and qualitative products to apply. So far, the journey for the brand has been successful in India. Nonetheless, Mr. Couraud stays humble and plan to go incremental on the Indian market, building a strong ground base first.  


Healthcare and Cleanliness Schemes of India - 2019

Brinder rault - 15-mars-2019 10:40:57

  The government of India has launched a healthcare scheme called «  Ayushman Bharat  » for the benefit to provide free healthcare services to the poor.   It is being billed as the world’s largest free healthcare scheme in just over five months of launch.   The aim of the government is to provide healthcare to over 50 crore beneficiaries. Some of the perks being - free health insurance upto INR 5 lakh per family for secondary and tertiary hospitalisation (to nearly 40% of the population) —more than 100 million poor and vulnerable families   At present, 2.2 crore people have been issued e-cards and nearly 14 lakh people have been treated.   Another important drive initiated by the Central government is the «  Swacch Bharat Abhiyan  » - the Clean India Drive .   Over 9.23 crore toilets have been constructed which has increased the coverage of toilets from 39% in October 2014 to 98.9 per cent in 30 states and Union Territories and as per reports are now open defecation free .   Statistics show that constructions and access to toilets have reported a behavioural change in their usage as well – in a survey conducted by an independent agency under the World Bank support to Swachh Bharat Mission, 93.4 percent of rural households in India who have access to a toilet, do indeed use it.  


The growing interest for the senior healthcare sector in India

Brinder Rault - 15-mars-2019 10:35:05

  The 25 th edition of Indian Medical Fair took place in New Delhi from the 21 st of February to the 23 rd of February 2019. This event gathers actors of the medical sector from India and abroad. Exhibitions and conferences were happening. This year, the themes of the talks were exploring the following subjects: the Ayushman Bharat, the future of Healthcare, the Medical Devices and Equipments market, the consumerization of Health and the question of medical entrepreneurship.     One would also notice the growing interest for the senior care and the market of senior healthcare services. Indeed, a special corner, named “Rehaindia” was dedicated to the actors of the senior care where one could meet companies offering medical devices for elderly, gymnastic tools, nutritionist and physiotherapists.       In 2018, the number of seniors in India stood at 116 million people, or 9% of the population. Seniors are more present in rural areas (77 million) than in urban areas (39 million). By 2025, the number of elderly people in India is expected to be 158 million (higher than the population of Russia), or 11% of the population. Between 2010 and 2050 the number of seniors will have tripled and life expectancy will have increased from 67.5 years to 79.5 years.   These different points make it possible to affirm that the silver economy is a buoyant market in India. According to a report published by CII [1] , the Asia-Pacific region is the one whose service market for seniors will increase the most. The strongest growth to come will be in the following sectors:   - Public institutions interest and policies   - Home healthcare services   - Specific medical devices for the elderly   The home healthcare sector is the main market today in terms of demands and offer. It corresponds to the expectations of the Indian society which is to grow old at home and is in phase with the evolutions of the Indian medical sector which tends to use the technology and the mobile applications to make benefit of services of health care at home.   The real estate players are also surfing on the wave. One could observe the emergence of community centres and retirements homes for senior such as Portea, Healthcare at Home (Dabur), Max Healthcare (Max Home), India Home Healthcare, Care24.   With such growing interest, huge opportunities will arise. Infrastructures will be needed, medical devices too, and trained professional to assist the elderly (indeed, it is now estimated that the number of workers in the senior services sector is 4.5 million and could reach 10 million in 2025).   [1] CII, Senior Care industry Report India 2018  


About
  Lifestyle, Consumer Goods and Healthcare The Consumer Goods and Healthcare Department assistsFrench companies in their international development strategy and promotes trade between France and India. In order to maximize commercial opportunities between French and Indian companies, the Department organises French Pavilions at a number of key exhibitions in India, as well as offering other B2B networking events and individual partnering services. The Department provides expertise in : • Fashion and Accessories • Home Furnishing and Interior Design • Cosmetics, OTC and Natural products • Healthcare Equipment and Biotechnology Head of Department  : Ms. Brinder RAULT brinder.rault@businessfrance.fr

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