L’Oréal Doubles Down on India as Beauty Demand and Quick Commerce Accelerate Growth
What Happened
L’Oréal said its India business is undergoing a "strong turnaround," supported by improved localisation, stronger teams, rising demand for haircare and skincare products, and faster growth in online channels, particularly quick commerce. The company reported double-digit growth in its consumer products division in India during the September quarter, while its SAPMENA-SSA region posted 19.2% like-for-like growth, with India among the key growth drivers. L’Oréal is also expanding its dermatological skincare brands CeraVe and La Roche-Posay into more Indian cities.
Key Takeaways
India is becoming an increasingly important growth market for L’Oréal, driven by premium skincare demand and digital commerce adoption. The company is investing in localisation, quick commerce and brand expansion to strengthen its position in India's fast-growing beauty and personal care market.