A majority of UK consumers believe personal care and beauty brands should put more effort into manufacturing products in an ethical and sustainable way, and this isn’t just a passing fad, says Leatherhead’s head of consumer and sensory insight.
With retail beauty sales in China on the rise, it’s no wonder European brands want in. But with a constantly changing regulatory environment, market entry is full of challenges industry needs to address.
Finnish beauty tech firm Revieve has opened a development hub in Spain to speed up advances in digital customer experience tools – something that will determine success for retailers and brands in the coming years, its CEO says.
Rising consumer concern and regulatory changes have left personal care formulators with a shrinking portfolio of acceptable preservatives but blends and naturally-derived alternatives provide industry opportunities, say Symrise and DuPont.
The Body Shop has spent two years building a solid supply chain with Plastics for Change in India to source Fair Trade recycled plastic and plans to integrate these materials across its global recycled plastics portfolio within three years.
Cannabis beauty will soar over the next five years as major players integrate the plant’s active extracts into portfolios, and skin care will contribute to most of this growth, says Euromonitor International.