Recovery Growth Surge Drives Beauty in China
Kelly Tang
Following the negative impact of home seclusion and strict lockdown measures in China, beauty and personal care has enjoyed a surge in sales growth, driven by demand for better skin health, products that enhance personal wellbeing, the rise of Chinese beauty, and the ineluctable momentum of e-commerce and new retail experiences.
Gen Z, TikTok and the Future of US Hair Care Appliances
Lauren Acker
Over the last few years, sales of hair care appliances have remained relatively stable in the US. Trends that have been impacting sales growth are consumers’ interest in minimising heat damage, simplifying their routine, and embracing their natural hair texture. Consumers are investing in higher-quality hair care products that enhance the health of their hair, and changing their hair care routines to reduce the usage of heated appliances.
Skincare Sales Set To Reach USD 181 Billion by 2025 As Consumers Are on a Quest for ‘Skinimalism’
Euromonitor International
LONDON, UK – The global beauty and personal care market is expected to rebound in 2021, with a 3% growth largely driven by Asia Pacific, according to global market research company Euromonitor International. In its latest webinar ‘Beauty in Recovery:…
Measuring the Share of Benefit Spaces in Skin Care
Euromonitor International
Across skincare, there are a number of benefits and product claims used to market products and attract consumers. Using Euromonitor's Via and Passport systems, we can map out product claims for competing anti-ager brands and estimate the value of…
Growths and Declines in Beauty and Personal Care Categories in Western Europe
Mylan Prime
Out of all beauty categories in Western Europe, fragrances and colour cosmetics have been most impacted by the pandemic. Reduced social interactions and working at home means that consumers had less reason to purchase these products. A standout…
Estée Lauder Companies announces plans to acquire Deciem
Kayla Villena
According to an Estée Lauder Companies Inc press release published on February 23, 2021, US-based Estée Lauder Cos Inc is increasing its investment from a minority stake to a majority stake in Deciem Beauty Group Inc, a Canada-based company whose…