India International Wellness Expo 2014
Time:May 15-17, 2014
Country&Region: India
Venue:Bombay Exhibition Centre
The mega event INDIA INTERNATIONAL WELLNESS EXPO 2014 would be organized by Federation of Indian Chamber of Commerce and Industry (FICCI) from May 15-17, 2014 at Bombay Convention & Exhibition Centre, Mumbai. The event would be a focused event on Beauty services and cosmetic products, Fitness and cosmetic products, Nutrition, Rejuvenation, Alternate therapy.
Why Wellness
The overall wellness market in India is estimated at INR 490 bn and wellness services alone comprise 40% of this market. Some of the key industry trends include:
The growing wellness industry has attracted a large number of domestic entrants and international players.
Established players are pursuing revenue maximization through product and service diversification and are exploring new global and domestic markets. Franchising is emerging as a popular option for scaling up.
Companies are actively seeking public and private equity investments to fuel their growth.
While there is strong optimism about future growth prospects, recovery of investments may spread over a longer horizon than anticipated.
There exists an opportunity for micro-segmentation to develop more targeted value propositions for consumers and commercialization of traditional Indian home remedies.
During the next three years we estimate that the Indian wellness industry will grow at a CAGR of 20% to reach INR 875 billion