According to KPMG and National Skill Development Corporation, the global beauty and wellness industry has a market value of approximately $1.4 trillion. Over the last five years, it has experienced a compound annual growth rate of 15%.
The report shows that India’s Beauty and Wellness Industry has grown at 18.6% CAGR. This is twice the rate of the US and Europe’s markets for beauty and wellness. This opens up endless possibilities for skilled workers.