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Mamaearth becomes India's 3rd largest skincare brand, says Euromonitor International

  • Mamaearth, the flagship brand of Honasa Consumer Ltd., has become India's third largest skincare brand, according to Euromonitor International.
  • The ranking reflects Mamaearth's significant market presence in India's beauty and personal care industry.
  • The success of Mamaearth and other Honasa Consumer brands highlights the growing dominance of direct-to-consumer (D2C) brands in the Indian beauty market.
  • Honasa Consumer reported strong financial performance, with a significant increase in profit and revenue for the first quarter of 2024.

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