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Key drivers for the beauty and wellness Franchise Business
Written by: Dhawal ShahArticle Overview: In this era, when beauty, wellness and healthcare have gained a universal appeal in urban India, franchising offers huge business opportunities to these sectors. In a recently held event, in Mumbai, experts from these fields shared their views on the rising trends of franchising in beauty, wellness and health sectors.
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Key drivers for the beauty and wellness Franchise Business
One of the main reasons of the popularity of these sectors is the rising disposal income and changing lifestyles of the Indians. In an age where looking and feeling beautiful is given prime importance, these sectors have ushered to meet this rising trend. The beauty services industry, largely unorganised is steadily taking the organised route through franchising.
Also, for age group beyond 40, health related issues have become a major cause of concern. Chronic ailments like asthama, diabetics and hypertension are emerging as key-drivers for greater acceptability of regular preventive health check-ups. Another factor is the emergence of health insurance. More and more people are covering their health risks under the various schemes. The tier-II and tier-III cities have emerged as expansion grounds of the franchised outlets. It is expected that healthcare is soon to become one of India’s largest sectors, in terms of revenue and employment, and the sector is expanding rapidly. The Indian healthcare industry is estimated to be about Rs 200,000 crore and is projected to reach Rs 300,000 crore by 2012.
Related ArticlesArticle Tags: Beauty, Business Opportunity, Franchise India, Franchise Opportunity, Healthcare, Wellness
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About the Author: Dhawal Shah RSS for Dhawal's articles - Visit Dhawal's website Dhawal Shah has now launched his franchise brand, www.FranchiseExpo.in, www.ArabianFranchise.com and www.FranchiseSG.com which is an internet resource for Indian Franchising Industry. He previously worked with the the Franchising Association of India for over five years. He is a qualified franchise professional with Certified Franchise Executive degree from the International Franchise Association, a well known and an international speaker for Indian Franchising, his sites have generated over 25000+ Leads and have helped thousands of entrepreneurs decide the most ideal of all businesses. To know more Dhawal Shah may be reached at Dhawal.Shah@way2franchise.com Click here to visit Dhawal's website Gloria Jeans eyes expansion to open 100 coffee shops by 2013 Why should entrepreneurs choose Franchising vis a vis starting their own business Chavana Spa forays into India with Four Points by Sheraton property Navi Mumbai Franchising in Indonesia Before you start Franchising |
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