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Johnson & Johnson exits fairness cream market, but what about competitors?

The Indian fairness cream market was worth about $450 million in 2019 which is largely dominated by Hindustan Unilever, Procter & Gamble and Garnier (L’Oréal).

June 25, 2020 / 21:58 IST
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Though Johnson & Johnson (J&J), the US healthcare and FMCG giant, has stopped the sale of its skin-whitening creams amidst the ‘Black Lives Matter’ protests, other FMCG companies may not follow suit.

The Indian fairness cream market, largely dominated by Hindustan UnileverProcter & Gamble and Garnier (L’Oréal), is between Rs 5,000-10,000 crore, as per FMCG analysts.

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An email sent by Moneycontrol to all three companies on what steps they are taking to curb the production of fairness creams and anti-ageing products did not elicit any response.

However, brand experts say that unlike J&J, other brands will not stop selling fairness or anti-ageing products as the stakes are high.