Following a stellar 2023, the fragrance category continues to captivate consumers–it was the fastest-growing Beauty category in Q1 2024 based on sales revenue. Fragrance shoppers are purchasing across the price spectrum, with prestige and mass offerings both boasting strong performance. Click below to read more, and let us know your thoughts in the comments. #beautyindusry #fragrance #beautybrands #cpgindustry #lifestylebrand #salesgrowth #wellness #lifestyle #beauty #innovation
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Beauty continues to grow for both dollars and units despite pressure on other categories. Beauty is an affordable indulgence for consumers, as they continue to focus on their overall wellbeing. #beautytrends #Circana #growth https://lnkd.in/dXBKqpte
US Beauty Industry Sales Continue to Rise through the First Half of 2023, Circana Reports - Circana
https://www.circana.com
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Current trends, shaping the beauty industry for 2024 ➡️ Stay updated with trends influencing consumer behaviours and buying habits. Read our latest blog covering stand out trends from recent industry events: https://lnkd.in/eV6yiiAe #cosmetics #trends #beauty
Current Trends Shaping the Beauty Industry - Oat Cosmetics
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The men's grooming market has experienced significant growth and evolution over the past few years. Men are now more conscious of their appearance and are increasingly adopting grooming and skincare routines. This shift in behavior has driven a surge in the men's grooming industry, with a focus on products and services tailored to their specific needs and preferences. Here is some research information on the men's grooming market: #MarketSizeandGrowth: #KeyCategoriesandProducts: #FactorsDrivingGrowth: #OnlineRetailandE-commerce: #RegionalVariations: #GroomingServices: #SustainabilityandNaturalProducts: #CompetitiveLandscape #FutureTrends: Reach out for a detail market Aanalysis at a global and regional level. #DM me for a sample. #mensgrooming #beauty #marketresearch #univdatos #umi #forecasting UnivDatos Market Insights (UMI) Universal Data Solutions (UDS) Yogita Sharma Uzma Khan Ankita Gupta
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Higher-end products and fast-growing subcategories including #suncare and deodorant are driving the growth of much of the world’s #beauty market, according to Kantar data shared exclusively with #VogueBusiness that surveyed countries within Europe, Asia, Latin America and Africa — markets totalling $99 billion in 2022. Suncare sales are up 7% globally against 2021, while #fragrance, haircare products and deodorants have also grown. Inflationary effects are contributing to the industry’s continued growth, as many #shoppers are simply absorbing higher prices, while others continue to trade up, seeking out more luxurious experiences or high-performance #products. That’s been a boon for the premium #beauty category.
Premium products and suncare lead beauty surge
voguebusiness.com
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Part of being successful in the world of beauty and wellness is staying up to date with the industry—which can almost be a full-time job in and of itself! But don’t worry, we’re keeping an eye on all the hottest drops and product launches so you don’t have to. #theDPS This recap covers everything you need to know and don’t want to miss: https://lnkd.in/e_2xSWn4 #packagingdesign #productmanufacturing #productdesign #beauty #beautyindustry #beautyinnovation #manufacturing #beautybusiness #beautyproducts #wellness
The Monthly Drop Recap: New Products You Don’t Want To Miss
thedps.co
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Beauty continues to be strong! Check out this article by Circana! #circana #beauty #beautyindustry #beautytrends #beautybusiness #beautynews #trends
US Beauty Industry Sales Continue to Rise through the First Half of 2023, Circana Reports - Circana
https://www.circana.com
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VP & SVP ✯ Beauty & Luxury ✯ Transformation ✯ Product development ✯ Innovation ✯ Project ✯ Management ✯ Operations & Marketing ✯ Sourcing ✯ CSR ✯ R&D ✯ Brands ✯ Private Label manufacturers ✯ 20 years in Italy & Germany
🌟 Exciting #Insights on the #Beauty #Industry and the impact of #dupes in the #USA 🌟 It's fascinating to see how the availability of dupe products is influencing purchasing decisions. Consumers are increasingly seeking budget-friendly options without compromising on quality. This trend not only reflects changing consumer values but also underscores the importance of innovation and authenticity in the beauty sector. As a beauty enthusiast, I'm curious about how this trend will evolve and its effects on both established brands and emerging players in the industry. What's your take on this? Are you embracing the dupe trend, or do you stick to trusted brands? Share your thoughts! 💄💅 #BeautyIndustry #Dupes #ConsumerTrends #Cosmetics #Innovation #LinkedInDiscussion 💬 https://lnkd.in/dgZ9Mh7D
Mintel research suggests dupes are pushing US consumers towards affordable makeup
cosmeticsdesign-europe.com
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Voted Top Retail Expert | Strategy Advisor & Mentor | Co-founder Valerie a Women’s Health Brand | Retail & Consumer Trends
Despite a global pandemic, the cost-of-living crisis, and various geopolitical conflicts, the prestige beauty market remains one of the most successful out there. I shared my thoughts with Sophie Smith at TheIndustry.fashion & TheIndustry.beauty "Beauty has always been buoyant in a recession, this was proven in the pandemic and again in the cost-of-living crisis. This is further elevated in prestige beauty as consumers want to treat themselves but don’t necessarily want the price point of fashion products. As there has been more consideration about how and where money is spent by consumers, prestige brands can still lead customers through a luxury purchase experience, even with everyday beauty products, like lipsticks and face creams. Beauty companies such as Shiseido, Unilever and L’Oréal can see the growth in prestige, particularly when there is a cost-of-living crisis. Mass brands become more price-sensitive which impacts profit margins, particularly with the cost of goods increasing and other economic factors. This allows prestige to forge ahead with more growth as the purchase consideration is far more emotional and aspirational." I will delve into this further in my next newsletter. 👇Add an emoji below for sign up info Read the full article via the link below: https://lnkd.in/eNqawhAQ #prestigebeauty #luxurybeauty #luxurysector #lipstickeffect
In Depth: The power of prestige beauty - TheIndustry.beauty
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💡 Unlocking beauty's next frontier: the emotional alchemy of smell & texture by the The Smell & Taste Lab In the dynamic world of beauty and health, consumers increasingly seek #holistic #experiences that cater to #emotional and #mental #well-#being. Insights from Mintel’s 2024 Beauty Trends Webinar reveal a trend towards deeper, more #meaningful interactions with beauty products, emphasizing #sensory experiences and emotional connections. This evolution is ushering in a new era of holistic product experiences, where #multisensorial congruency, particularly the harmony of #smell and #touch, enhances overall well-being. 👉 Discover how this shift is reshaping the future of beauty and wellness in our detailed exploration, and how you can stay ahead of the curve via the Cosmetics Testing News: https://lnkd.in/e7CRBhAq 🔎 The Smell & Taste Lab (TSTLab), based in Switzerland, has been pioneering in the realm of #smell and #texture #congruence, with research that is crucial for understanding how the right texture-smell combination can lead to desired emotions, thereby enriching the overall product experience. Anne Abriat-Hemmendinger
Unlocking Beauty's Next Frontier: The Emotional Alchemy Of Smell & Texture by The Smell & Taste Lab - Skinobs
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Luxury Beauty Rituals: How the Affluent Elevate their Skin Care. Are you curious about the latest luxury beauty brand trends you can capitalize on in your subsequent campaigns? Do you feel stuck in a marketing campaign that hasn’t yielded the expected results for your business? In a world where self-care has become a paramount aspect of well-being, high net-worth individuals (HNWIs) are taking their self-care routines to new heights by embracing luxury skincare rituals. These individuals seek more than just basic skincare routines; they invest in experiences and products that elevate their sense of self and well-being. This trend highlights the profound connection between luxury, beauty, and personal care. Check out the full Article in our website: https://lnkd.in/gh7k6hKR
Elevating Skin Care | Luxury Beauty Rituals for the Affluent
https://agility-research.com
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2moFragrance collections are the new nail polish collections