The luxury cosmetics sector is witnessing significant growth patterns. High consumer interest, especially from the millennial and Generation Z cohorts, is facilitating the upward trajectory. The facilitated access to information about products and brands has led to a more informed consumer base, increasingly seeking personalised, high-quality products. The sector's expansion...
Discover more insightsSeveral factors are fueling the shift towards eco-conscious personal care products. Consumer awareness about the environmental harm inflicted by conventional products is rising, causing people to make more informed purchasing decisions. Moreover, legislative changes and corporate sustainability goals have inspired corporations to invest in green initiatives, driving the development and...
Discover more insightsThe personal care bath and shower segment is undergoing substantial change. As consumers place a bigger emphasis on health and wellness, organic and cruelty-free products are becoming more prevalent. Technological advances also play a vital role with aesthetic touches like sophisticated fragrances and packaging innovation propelling sales, in addition to...
Discover more insightsPharmaceuticals and non-pharmaceuticals are converging within the sexual wellness market segment. Pharmaceuticals play a pivotal role, as they deal with biological aspects of sexual health, aiding in the treatment of various sexual disorders. On the contrary, non-pharmaceutical products target to enhance sexual well-being and pleasure, with items such as sex...
Discover more insightsThe cosmetics market is stratified into several categories based on product type, wherein skincare, haircare, makeup, perfumes, toiletries, and personal grooming items form the key segments. Each segment is unique and influences the market trend and growth in a distinct manner. Skincare products, for instance, command a substantial share due...
Discover more insightsThe rise of anti-fatigue cosmetic products can primarily be attributed to the shifts in consumer behaviour. Individuals are increasingly seeking products that address specific needs, such as combating the signs of tiredness and stress on the skin. Concurrently, fast-paced lifestyles and increasing workloads are taking a toll on the overall...
Discover more insightsThe sudden onset of the coronavirus pandemic in early 2020 wrought havoc across sectors globally, with the personal services industry bearing significant brunt. As contact-intensive services, businesses such as salons, spas, tutoring centers and others faced disruptions as lockdowns and social distancing measures became the norm. Moreover, a shift in...
Discover more insightsPersonal care services, encompassing an array of services such as skincare, haircare, personal hygiene, and other care-related services, currently form a substantial segment of the global economy. Economic indicators show a significant financial footprint, with personal care services market size estimated to be valued in billions. The ubiquity of these...
Discover more insightsThe global cosmetics industry sees an increasing consumer demand for sustainable solutions. This has driven the key players to seek alternative product formulations, greener packaging solutions, and responsible sourcing. Subsequently, market competition has steepened as companies strive to align with the United Nations Sustainable Development Goals, highlighting the economic viability...
Discover more insightsThe global consumer products landscape is experiencing a significant shift. The increasing demand for sustainable, eco-friendly consumer goods is underpinning this evolution. One beneficiary is the cosmetics subsector, where products with minimal water usage in manufacturing are gaining popularity. Consumers are valuing the environmental benefits these offerings present, simultaneously acknowledging...
Discover more insightsIn the dynamic terrain of personal care, key trends are proliferating across multiple sub-sectors, propelled by changing consumer preferences and expanding awareness. A prominent influence is the rise of natural and organic products, catalysed by augmented health cognizance and shifting consumer dispositions towards sustainable living. Concurrently, digital integration in the...
Discover more insightsWith an increasing middle class, urbanization, and a growing consciousness for personal appearance and hygiene, the personal care markets in emerging countries experience a surge in consumer demand. This is bolstered by the significant rise in disposable incomes and increased exposure to global lifestyle trends through digital platforms. Local and...
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