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	<title>beauty market Articles &amp; Updates - berightnews</title>
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		<title>Prestige Brands See Surge Amid Market Shifts</title>
		<link>https://berightnews.com/2026/03/12/prestige-brands-see-surge-amid-market-shifts/</link>
		
		<dc:creator><![CDATA[Sophie Bennett]]></dc:creator>
		<pubDate>Thu, 12 Mar 2026 04:01:42 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Entertainment]]></category>
		<category><![CDATA[beauty market]]></category>
		<category><![CDATA[Butterfly Gandhimathi Appliances]]></category>
		<category><![CDATA[Estée Lauder]]></category>
		<category><![CDATA[Forest Essentials]]></category>
		<category><![CDATA[Kama Ayurveda]]></category>
		<category><![CDATA[kitchen appliances]]></category>
		<category><![CDATA[LPG supply]]></category>
		<category><![CDATA[prestige]]></category>
		<category><![CDATA[Stove Kraft]]></category>
		<category><![CDATA[TTK Prestige]]></category>
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					<description><![CDATA[<p>Recent developments in the prestige market highlight a surge in kitchen appliance stocks and a major acquisition in the beauty sector.</p>
<p>The post <a href="https://berightnews.com/2026/03/12/prestige-brands-see-surge-amid-market-shifts/">Prestige Brands See Surge Amid Market Shifts</a> appeared first on <a href="https://berightnews.com">berightnews</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Shares of <strong>TTK Prestige</strong>, <strong>Stove Kraft</strong>, and <strong>Butterfly Gandhimathi Appliances</strong> surged up to <strong>15%</strong> intraday, driven by increased demand for electric cooking appliances. This surge is largely attributed to consumer concerns regarding potential disruptions in the supply of liquefied petroleum gas (<strong>LPG</strong>), prompting a shift in preference towards electric options.</p>
<h2>Beauty Sector Developments</h2>
<p>In a significant move within the prestige beauty market, <strong>Estée Lauder</strong> is set to acquire <strong>Forest Essentials</strong>, a prominent Indian Ayurvedic beauty brand founded by <strong>Mira Kulkarni</strong> in 2000. Forest Essentials has established a notable presence with approximately <strong>200 stores</strong> across India.</p>
<p>For the financial year ending March 2025, Forest Essentials reported a revenue of about <strong>€54.7 million</strong> (approximately <strong>INR 585 crore</strong)), reflecting an impressive <strong>18%</strong> year-on-year growth. This positions the brand among the top two players in India&#8217;s homegrown prestige beauty market, which currently holds about <strong>10%</strong> market share.</p>
<h2>Market Forecast</h2>
<p>The prestige and luxury beauty market in India is projected to grow significantly, with forecasts estimating its value to reach <strong>$4 billion</strong> by 2035. This growth trajectory underscores the increasing consumer interest in premium beauty products.</p>
<p>Additionally, <strong>Kama Ayurveda</strong> reported a revenue of <strong>INR 141 crore</strong> (approximately <strong>€13.18 million</strong>) for the same financial year, further illustrating the robust performance of homegrown brands in the prestige sector.</p>
<h2>Future Considerations</h2>
<p>As the market evolves, the dynamics of consumer preferences and supply chain factors will continue to shape the landscape for prestige brands. Details remain unconfirmed regarding how these changes will impact long-term strategies for companies involved.</p>
<p>The post <a href="https://berightnews.com/2026/03/12/prestige-brands-see-surge-amid-market-shifts/">Prestige Brands See Surge Amid Market Shifts</a> appeared first on <a href="https://berightnews.com">berightnews</a>.</p>
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