As we know, a lot of people work in our beauty industry and most of our cosmetic companies and our beauty artists, makeup artists, hairstylists and suppliers working between them are all circles broken down at the moment. Lets we explain, what is the impact of Covid-19 on the Beauty Industry is.
Covid-19 The Biggest Drawback - Here we are talking about the Indian Beauty Industry, the impact of Covid-19 is the highest in the world here because of a time when a complete lockdown for the beauty business. Any kind of business in India is designed in such a way that the same business owner has to do something for it because the government here cannot do any kind of help and this is our biggest drawback.
This is a big problem because many people live through this business so many people have started taking it to the online platform where he gives home beauty tips to others and talks to them about different products. So that he/she can do his job online at home. After a long time, the industry will be back to work in its entirety way, but in the present times, there are a lot of problems for the industry to function.
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Totally Shutdown for Beauty Business - The beauty industry is a service-based industry where more services benefit from the product and when the service itself is completely stopped in this way, it would not be correct to evaluate it as the present.
"India's Beauty and personal care market is expected to touch $10 billion by 2021 growing at an annual rate of 5-6%, according to a report by the Indian Beauty & Hygiene Association. However, most beauty and wellness businesses including salons, spas and barber shops, fall in the SME category." By Saumya Tewari
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"The future of the beauty industry has got a digital push with the pandemic but it might not be enough for a behavioural change." By businessinsider
At the moment, we need a community that will help each other and contribute to saving us in this beauty industry.
Thank you for reading this article.