Search Global Cosmetic Industry: Page 26

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Section: Consumers & Markets

“Retail sales most likely won’t hit high peaks this year because consumers’ budgets are a lot more stretched these days,” said Don Unser, president of general merchandise and retail thought leadership, NPD. “That’s why a longer holiday season is good news for retailers. Overall, holiday revenue might turn out to be similar to last year, but unit sales most likely won’t break any records.”

4 Factors Driving 2022 Holiday Beauty Sales

From wealthy shoppers to ongoing interest in beauty, brands will need to be nimble this season.

Ulta holds a 42% share of teen beauty shopper preference, the largest among all retailers, and 'held the strongest beauty loyalty membership at 62% of female teens with a membership,' per the survey.

Gen Z Survey Shows Jump in Beauty Spend, Daily Makeup Use

Unsurprisingly, TikTok's popularity with teens jumped 400 basis points from spring 2022, taking a 38% share, while Snap fell 100 basis points to a 30% share.

The report assessed the pervasive and damaging impact of beauty standards on the U.S. economy and society.

Dove Study: Toxic Beauty Standards Cost US More Than $501B in 2019

Expressed in current dollars, the costs of body dissatisfaction and appearance-based discrimination would be even higher, with inflation averaging 3.9% annually between 2019 and 2022.

As digital natives unaware of a life without swiping and interfaces, Generation Alpha views virtual and real experiences as interchangeable—putting pressure on marketers to ensure that virtual experiences are as cutting-edge yet genuine as possible.

Now is the Time to Market Beauty to Generation Alpha

This young, tech-savvy demographic wields brand influence and purchasing power that beauty brands need to tap into sooner rather than later.

On-demand: NPD, BYOMA & Skin Gym Talk About the Premiumization of Beauty

How a growing base of high earners and trading-up behaviors among consumers is driving growth in prestige beauty.

VR will bring us into a space where we will be made to feel relaxed and attractive.

How the Metaverse is Reshaping the Beauty Industry

A more realistic presence and a stronger, more authentic connections are at our fingertips—and that’s wildly compelling for all of us as individuals, but especially for entrepreneurs.

In 2022, the industry began to see a strong recovery from the pandemic but with rising inflation concerns, growth is beginning to taper off.

New Beauty Briefing: Category-specific Growth & Holiday 2022 Preview

In 2022, the industry began to see a strong recovery from the pandemic but with rising inflation concerns, growth is beginning to taper off.

Beautybridge Gci2209 Lead

Your Partner for Europe

Europe has been a gap too far for many Brands in the USA. EU Dossiers, shipping and time are hurdles. Beauty Bridge Labs is your answer to this market of more than 500 million.

The best way for brands to raise prices without alienating customers is to understand their needs while demonstrating transparency and authenticity.

3 Tips for Implementing a Price Hike Without Losing Beauty Customers

Raising prices is always a risky move, but understanding customer needs while demonstrating transparency and authenticity goes a long way in helping customers accept price hikes.

The high demand for quality beauty products and accessories among consumers is expected to boost market growth.

Report: Global Perfume Market Growth

The high demand for quality beauty products and accessories among consumers is expected to boost market growth.

Anti-pollution ingredients such as plant extracts, activated charcoal and metal chelators gained momentum in the recent past.

Anti-Pollution Ingredients Market to Reach US $1.4 B by 2031

An intelligence outlook published by Future Market Insights (FMI) forecasts promising growth for the global anti-pollution ingredients market in the years to come based on the current year of projected growth.

Olaplex Hashtag #OLAFLEX Reaches 3 Billion Views in 72 Hours

Olaplex launched its first hashtag challenge on TikTok, encouraging fans to share how Olaplex’s bond-building hair products helped them improve their hair.

According to Future Market Insights, the men's intimate care products market is expected to grow to $451.78 Bn by 2030. With an increase in men's skin care routines and more, the growth has been driven by the younger generation.

Men’s Intimate Care Market to Reach $451.78 B by 2030

According to Future Market Insights, the men's intimate care market is expected to grow to $451.78 billion by 2030. With an increase in men's skin care routines, among other factors, growth is being driven by the younger generation.

A new report shows that Ulta Beauty significantly increased its foot traffic by capitalizing on the lipstick effect, which contends that consumers will indulge in discretionary purchases that don’t break the bank—like lipstick—in times of economic stress.

Lipstick Effect Fosters Foot Traffic at Ulta

A new report finds that Ulta Beauty boosted its foot traffic despite the economic downturn, capitalizing on cash-strapped customers’ needs to indulge in affordable luxury purchases.

Body positivity is a major trend in the body care sector, and considering the pressures of modern life, consumers are looking for more ways to look and feel confident. ... Effective body care products are a valuable tool in this journey to greater positivity.

Expert Opinions on Body Care: Sustainability, Positivity, Biotech and More

From clean label, anti-cellulite and breast enhancement, to stretch marks, sustainability, biotech, body positivity and more, sales in the collective body care segment are on the rise. Following is a brief market survey plus expert industry insights.

Beauty Trends Driving Growth: Macro Level, Skin Care, Makeup, Hair, Fragrance & 2023 Outlook

This talk will be a must-attend for brands seeking context and cues for future business and product planning.

During Beauty Accelerate 2022, Olivia Stelmaszczyk, research analyst, Euromonitor, will provide insights into Gen Z that beauty brands can leverage in future innovation and business planning.

Free Report Download: Decoding Gen Z Beauty

During Beauty Accelerate 2022, Olivia Stelmaszczyk, research analyst, Euromonitor, provided insights into Gen Z that beauty brands can leverage in future innovation and business planning.

Color cosmetic ingredients have experienced a CAGR of 10% since 2018 and are expected to maintain a CAGR of 8% to 10% in the next few years.

Trending: Ingredients in China's Personal Care Market

Jeanne Huang, Kline engagement manager in China, said, "As people increased their frequency of handwashing and other grooming habits, the use of soap/liquid soap/hand sanitizer, shampoo, and shower gel grew—and so did the demand for ingredients."

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