Female consumers tend to be more open to beauty innovations that tap into mood, emotional wellbeing and self-care, but the male demographic still offers promise, says a global Mintel analyst.
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.
The beauty tech race is on, with artificial intelligence, augmented reality, big data and mobile apps becoming part and parcel of everyday business. But what exactly might the future look like?
Mibelle Biochemistry says it will continue to strengthen its portfolio of halal offerings to keep up with the surging demand for such cosmetic products.
Chinese beauty brands have more hurdles to overcome before taking the global stage, despite the rising prominence of homegrown beauty brands, according to one expert.
European beauty brands are heavily invested in technology, ahead of their US counterparts, putting the sector in good stead to ‘close the loop’ and develop highly-personalised products, an Accenture executive says.
'Glowing' skin is a key aim for skin care shoppers and 98% of them believe that good nutrition is necessary to achieving this, according to a survey by Lycored.
The beauty maker has been hosting a global innovation competition for university students for over 25 years. The 2020 challenge got underway this month and the task at hand is to help create a plastic-free future.
The potential of cannabis sativa for beauty stretches far beyond cannabidiol (CBD) as so many parts of the plant can be utilised for anti-stress products, says the founder of Ho Karan.
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The demand for essential oils and the rising problem of adulteration is pushing Australia-based essential oil firm, Down Under Enterprises, to adopt blockchain technology to ensure traceability.
The consumer wellness boom presents strong opportunities for beauty to target mood and wellbeing, through functional products, routine enhancement or powerful brand messaging, says Mintel.
Sustainability is clearly today’s hot beauty topic, but there remains widespread confusion about what this entails for industry beyond plastic packaging, says the CEO of the British Beauty Council.
Ecovia is extending its deadline for the Sustainable Beauty Awards, allowing for final submissions on this Friday, September 27th, adding another week to the deadline.
Independent beauty is a global, growing marketplace but start-up mindsets need to shift up a gear to consider collaboration and expansion from the get-go, says the founder of Indie Beauty Expo.
