Search Global Cosmetic Industry

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Type: News

Section: Consumers & Markets

Among beauty products, color correcting primer is the top product in consumers' carts based on purchase intent.

Data: Amazon Leads Beauty Category With Most In-Market Traffic

According to eMarketer, beauty e-commerce is predicted to reach $30.73 billion by 2026.

R&D innovation and consumer data are priceless to beauty brands. But connecting the dots between them is what allows executives, marketers, product developers, R&D leaders and their supply chain partners to unlock value.

5 Consumer Data Briefings for Beauty Marketers & Brand Innovators

Experts from Circana, Euromonitor, Spate and more will soon provide presentations on everything from the latest TikTok and search data implications to the skinifcation of beauty to the top-growing beauty sectors, providing actionable insights for brands.

Connecting the dots among emerging R&D advances, market and consumer trends, and supply chain innovations is what really allows brands and their innovation partners to create meaningful, consumer-winning products.

4 Beauty Ingredient Opportunities for Brands

From fermented concepts to biotech, suppliers and brands are harnessing emerging science to deliver new levels of efficacy and distinctive product claims.

Facial skin care mass market sales grew 13% in the period, while prestige facial care grew 10%. Meanwhile, echoing an ongoing trend, clinical brands grew faster than natural brands in the prestige sector, driven by an array of new launches.

6 Keys to the Future of Skin Care

From holistic anti-aging to skin cycling to exposomes, Beauty Accelerate Virtual will help brands and their innovation partners to decode

Laneige has also expanded into the Middle East via Sephora, particularly the United Arab Emirates (UAE, pictured), Saudi Arabia, Kuwait, Qatar and Bahrain.

Inside Amorepacific's Expansion in the US, UK and Middle East

Laneige has expanded into the Middle East via Sephora, particularly the United Arab Emirates (UAE), Saudi Arabia, Kuwait, Qatar and Bahrain.

Acne Unfiltered: Exploring the Hidden Impact of Acne and Solutions for Post-Acne Conditions

Experts from Vantage and AcneFree will outline implications for consumer concerns as well as the ingredients brands can leverage to deliver results.

Given the fast-moving advancements in formulation and packaging claims, Beauty Accelerate Virtual will host Credo's Annie Jackson to discuss the state of conscious beauty, from sustainability to safety to ethical practices. The retailer will also share what’s exciting consumers in 2023.

The State of Conscious Beauty: Greenwashing, 'Clean' Claims & Beyond

Beauty has undergone a conscious beauty reckoning in recent years, driven by increasing demands for clarity and substantiation of safety and sustainability claims.

According to alliedmarketresearch, the estimated market size of upcycled cosmetic ingredients was valued at $231.5 million in 2021 and expected to reach $433.5 million by 2031, growing at a CAGR of 6.6%.

Trending: Upcycled Cosmetics, Circular Beauty

According to alliedmarketresearch, the estimated market size of upcycled cosmetic ingredients was valued at $231.5 million in 2021 and expected to reach $433.5 million by 2031, growing at a CAGR of 6.6%.

Key growth categories included fragrances (up 27%), color cosmetics and nails (up 19%), deodorant (up 18%), and hand and body lotion (up 16%).

NIQ Decodes Q1 2023 Beauty & Personal Care Sales

Growth came from brands of all sizes, but smaller brands drove the largest amount of growth compared to the top 20 manufacturers.

Aging and skin health are impacted by the entirety of our exposome—the totality of exposures to which an individual is subjected throughout their life, including from the sun, pollution and climate change, as well as chemical and physical manipulation from skin and hair care routines.

Mintel to Brief Beauty Accelerate on Holistic Beauty & the Exposome

During Beauty Accelerate Virtual, Mintel's Anna Keller will present "Holistic Beauty," a briefing that will consider mechanisms of aging and skin health from a holistic perspective.

According to NIQ, projected sales in 2024 have artificial nails outselling traditional nail polish by $81 million.

NIQ: Press-on Nail Sales to Outpace Traditional Polishes in 2023

In 2019, Spate reported that press-on nails had increased by 103% in the past two years and predicted that interest in artificial nails would increase significantly in the following 12 months.

Cruelty Free International chief executive, Michelle Thew, said, 'It is outrageous that the government has abandoned the ban on using animals in cosmetics testing, and did so in secret while giving the impression that the policy remained in place.'

U.K. Government Alleged to Secretly Abandon Animal Testing Ban; CTPA Responds

Cruelty Free International called on Home Secretary Suella Braverman MP to reinstate the 1998 ban (case number CO/3748/21) although according to the CTPA, the ban was never abandoned.

Prestige and mass beauty grew in Q1 2023 by 16% and 10%, respectively, according to Circana, signaling strong growth even amid challenging economic times.

Circana to Break Down Beauty Category Growth Trends: Join Live/On-demand

Circana's Jennifer Famiano will provide a breakdown of where mass and prestige beauty sectors are going, as well as where the growth opportunities' lie.

When you put all your eggs in one basket, it’s easy to get let down. When one vendor runs out of a product or ingredient, you should be prepared to turn to another vendor to supply that product or ingredient on time.

3 Ways to Manage ‘Lipstick Effect’ Supply Chain Woes

With 82% of supply chain leaders expecting global supply chain challenges to worsen or stay the same over the next six to 12 months, you must be prepared.

Growing self-care and wellness behavior encourages skinification in hair care, while U.S. consumers increasingly expect color cosmetics to not only provide aesthetic benefits but also treat skin concerns and improve skin health.

Skinification is the Future of Beauty Across Categories: Invitation

As inflation and rising costs of living pressure U.S. consumers in 2023, skinification is becoming a key tool in value creation strategies.

Q1 2023 U.S. prestige beauty sales grew 16% year-over-year, totaling $6.6 billion, according to point-of-sale data from Circana (formerly IRI and The NPD Group). The mass beauty market generated $7.0 billion in the same period, representing growth of 10% versus the same period of 2022. Category-by-category Q1 growth trends are pictured in the graph at left.

Q1 2023 US Beauty Sales Driven by Lips, Prestige Fragrance, Clinical Skin Care & More

“Following a stellar 2022, the beauty industry continues to bask in the glow of growing sales,” said Larissa Jensen, beauty industry advisor at Circana.

Nadine Pernodet, Ph.D. (at center), Senior Vice President at The Estée Lauder Companies (ELC), will discuss holistic views of aging and the beauty technologies that can address them across generations.

The Future of Cutting-Edge, Holistic Anti-aging from Estée Lauder Companies' Bioscience Leader: Register Now

This talk will consider mechanisms of aging and skin health from a holistic perspective. It will also consider facets of our being such as circadian rhythm, emotional states, stress and more, and explore ways to maintain balance for beauty.

Touchland's growth was driven by new product launches, including a particularly popular collaboration with Smiley. The initial collaboration launch sold out quickly and amassed a 2,000-person waitlist.

How Touchland Achieved 163% Sales Gains in Q1 2023

In April 2023 Spate reported, "Touchland has built a strong product format identity. Searches for sanitizer, mist and spray all reveal the success of Touchland's innovative product formats."

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