India is one of the largest markets of skin fairness products. In the previous financial year, the Indian fairness creams market was of Rs. 5,000 Crores alone. Why do we need fairness cream? Why does skin color bother us so much? Why is a fairness cream in the monthly grocery list of every house?
The answer to every question is that our mind is stuffed with thoughts that a fair skin person is one who can be successful. Ponds, Nivea, Oriflame, Olay, Unilever, and several other multinational companies have played a major role in injecting this mentality in our society.
Read below to know the fairness cream market in India:
After the latest trend of #blacklifematters in the US, these fairness cream companies have now started taking their steps back. The united protest of people from every corner of the world has forced a big change in the fairness cream business. To know about Black Life Matters Protest in the US, read:
Recently, HUL’s Fair & Lovely has announced to change its name to Glow & Lovely. But, does this change in name matters now? The age-long notion and USP that they were carrying and promoting, will it all be washed-off by this name change? The important question is - is a name change enough to change perceptions about skin colour that have been held and perpetuated over centuries? In recent years, campaigns such as Dark is Beautiful and #unfairandlovely have questioned Indian's obsession with fair skin. Increasingly, urban-educated women on social media have called out Bollywood stars and popular beauty pageants for promoting colourism.
Read at the below link to know if a name change can help the fairness cream business:
The company has announced to change its name, but not its composition. It will remain the same “Fairness” cream. This step is just an elusive layer, to convince the consumers.
We, at OpenGrowth, are constantly looking for trending start-ups in the ecosystem. If you want to know anything related to fashion industry or about the startup ecosystem, then do let us know in the comment section below.
Contributor: Amrita Sinha
Amrita is in the field of media. She has a deep inclination towards writing and public speaking. She has the aim of removing the stereotypical mindset of society. She loves to read and photography is her passion.
*Note: The content published above was made in collaboration with our members.
The Editorial Team at OpenGrowth is working to provide you with the perfect place to know everything about startups. Feel free to connect to us.