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Shiseido Expands India Bet With Premium Anessa Sun Care

Shiseido Expands India Bet With Premium Anessa Sun Care
Shiseido sees India as growth engine, targets premium beauty and sun-care gap · financialexpress.com

Shiseido is a Japanese beauty company that wants to grow more in India.

It has brought its Anessa sunscreen brand to the country.

Anessa is meant for shoppers who want something between cheaper and very expensive beauty products.

The brand is already sold through Tira and will expand to Sephora and other stores.

Shiseido also wants to open more standalone shops.

The company believes India’s beauty market will grow quickly as more people buy premium products.

It is especially interested in younger shoppers and customers outside the biggest cities.

For now, Shiseido will adapt its messages and products to Indian consumers rather than manufacture them in India.

Key facts

Company presence
Shiseido has operated in India since 2001.
Market estimate
Redseer estimates India’s beauty and personal-care market at $23 billion currently and $34 billion by 2028.
2030 projection
The market is projected to reach $40 billion by 2030.
Anessa price examples
Anessa sunscreen prices cited range from Rs 1,050 for 20 ml to Rs 2,700 for 60 ml; a spray costs Rs 1,750.
Distribution
Anessa is available on Reliance’s Tira platform and will progressively roll out on Sephora and other beauty channels.
India strategy
Shiseido’s four stated pillars are consumer relevance, retail expansion, omnichannel growth and deeper localisation.
Localisation approach
The company plans to focus first on communication, consumer narratives and market relevance rather than manufacturing in India.

Quotes

Nicole Tan

President and CEO of Shiseido Asia Pacific

“Sun care is a category growing exceedingly fast, and there is currently an under-served segment in the market.”
financialexpress.com
“We’ll continue to build on those dimensions first before looking at any manufacturing considerations.”
financialexpress.com

Sources

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