India's Haircare market is turning professional, and CCIGMAA Lifestyle Pvt Ltd. is betting on where it lands
New Delhi, Sept. 7 -- India's professional hair care market is expected to touch $959.60 million by 2031, growing at 11 per cent a year, according to IndustryARC's latest estimate. That's the number on the slide. The more interesting one sits underneath it. A growing share of that growth isn't happening inside a salon anymore. Products built and tested for a stylist's hands are turning up on bathroom shelves at home, bought by people who used to leave that decision to whoever was cutting their hair. Who owns that consumer once the product leaves the chair, the salon that built the trust, or the brand that eventually reaches the shelf? Ccigmaa Lifestyle, the company behind KT Professional, has spent years on the salon side of that industry...
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