The global cosmetics industry, incorporating a diverse range of products from skincare and haircare to make-up and fragrances, has registered robust growth over the past decade. The industry has consistently accounted for a significant share of consumer discretionary spending, driven by changing lifestyles, varying consumption patterns, and innovative product offerings....
Discover more insightsThe high-end bath and body products sector has been witnessing a definitive trajectory focused on personalization, organic ingredients and sustainable packaging. This shift is largely driven by informed consumers, increasingly aware and conscious of their product choices. A substantial surge in the demand for natural and vegan skincare products speaks...
Discover more insightsHigh-end cosmetics have suffered from revised consumer behaviour and new market penetrative dynamics due to the pandemic. In particular, the Estée Lauder Companies, a pivotal entity in the beauty industry, experienced a tectonic shift in its operational and financial milieu. Traditionally reliant on the bricks-and-mortar model and high-touch services, Estée...
Discover more insightsA look into the Halal cosmetics sector reveals a rapidly expanding market. Propelled by an increasing Muslim population, consumer awareness and purchasing power, this sector is experiencing significant growth worldwide. Additionally, growing consumer preference sparked by an increasing interest in cruelty-free and vegan products underpin the surge in this market....
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