We want to begin by sharing some … Beauty has blown up to be a $532 billion industry — and analysts say that these 4 trends will make it even bigger Bethany Biron 2019-07-09T17:27:33Z And while some trends will fizzle out, others will only expand their reach. Most notably, the notion of “the best in beauty” is better understood by a more nuanced notion: what’s best for you. These are the trends that 2021 brought. Trends Mintel Beauty & Personal Care reveals the four key trends set to impact the global beauty and personal care industry over the next decade. Beauty Blogs Clean beauty 5. We monitor beauty industry trends across the globe, from the big picture down to the category, geographic region, and store levels, based on best-in-class point-of-sale (POS) and consumer data. Industry Table of Contents. The kindling? Top Beauty Industry Statistics 1. The ongoing pandemic also took a massive toll on this industry. Industry Trends in Sustainability, Well-Being Explored at Formulation Summit 2021 Experts from Unilver and TerraCycle delivered insights into future trends focusing on Covid Cosmetics and Sustainability and Neurocosmetics. This has developed into haircare trends. Hospitality Industry Trends Beauty IMARC Group provides an analysis of the key trends in each sub-segment of the India beauty and personal care market, along with forecasts at the country and regional level from 2021-2026. 1. The global cosmetics and personal care industry took a hit during the COVID-19 pandemic, but industry professionals remain optimistic about the future.. Beauty In 2021, as a direct response to consumers' growing reliance on mobile payment and banking solutions, the financial services industry will … Biggest Skincare Trends of 2021 Each year, we see a new crop of ingredients and trends rise to prominence in skincare. Beauty Industry Statistics and Market Research: Global & US. Mintel’s 2021 Global Beauty and Personal Care Trends give you a topline look at our 7 Trend Drivers and the four key consumer trends influencing the global beauty and personal care industry this year, centered around wellbeing, value, technology, and surroundings. Cannabidiol (CBD) Skin Care Market Industry Growth by 2021 Market with Impact Analysis, Analysis, Size, Share, Trends, Key Vendors, Drivers and Forecast 2027 Trends In 2020, beauty lovers and experts endlessly raved about plant-based ingredients, upcycling, and inhalable products (to name a few). beauty trends In 2020, beauty and personal care sales fell, with steep declines in Western Europe and North America, according to recent data from Euromonitor International.As consumers avoided social events and put on masks, they … Finish this year with the trends that were brought about in 2021. Selfcare in 2021 is a priority to recover from 2020. We will talk about permanent and semi-permanent makeup that will look sharp for this holiday season! Selena Gomez, the founder and creator of Rare Beauty, was just one of many celebrities dipping their toe in the beauty industry this year. The banking industry plays a huge role in the global economy and is undergoing a huge technological shift. However, like every other industry, the global beauty industry is also prone to constant change and growth. See the digital banking industry trends of 2021. Beauty is a concept with an ever-changing definition. What are the latest trends in the hospitality industry? And $784.6B by 2027. Today, as society evolves, the cosmetics industry must keep up to date with the latest beauty industry statistics and latest trends. Inclusivity 2. The beauty industry is as fast-growing and dynamic as the definition of the concept itself. And, it isn’t easy. With the rise of new trends and technological advancements, this is definitely the most popular industry in today’s society, and it’s certain that it will only grow. Featuring: Augmented Human The line between human and technological device is blurring as smart technology puts people in greater control of their individual health and beauty needs. 2. Dental Industry Statistics for 2021. To say that the skincare industry is ever-evolving would be an understatement. Expect fierce debate, candidness, and the very best product recommendations. How big is the beauty industry? In this report, we look at the latest innovations across every part of the beauty space and highlight the top industry trends to watch in 2021 and beyond. 2021's weirdest TikTok beauty trends Written by Leah Dolan Megan C. Hills, CNN Another year of masks, "Zoom" face and excessive screen time appears to have knocked the beauty industry off its axis. Subscription services 4. So in today’s environment of rising per capita incomes the beauty business is booming. This is why you need to understand the ongoing trends that will have a huge impact on the future of beauty and cosmetics in 2022. Historically, the lion’s share of beauty products have been purchased in brick-and-mortar stores, but that’s changing rapidly, with online sales projected to make up 48% of the total by 2023. Perfect Corp.'s Q4 2021 Global Beauty Trend Report reveals top makeup trends as consumers emerge from pandemic. Outspoken Beauty is the UK's most honest, straight-talking beauty podcast featuring interviews with an array of celebrities, editors, and influencers in the beauty industry. These beauty industry statistics for 2021 are here to enlighten every beauty enthusiast and show how their desire for beauty is making this industry thrive. Hosted by beauty journalist and broadcaster Nicola Bonn and beauty novice Rachel Jones. It goes without saying that the pandemic and ensuing economic downturn greater than the 2008 recession and chaos caused by fluctuation in demand have had a significant impact on hospitality throughout 2020 and 2021 - no doubt with lingering effects. 2021 is nearly over and with a new year on the horizon, this is the time to review the current trends in dentistry for 2022 and how they’ll impact your marketing. We also offer analytic solutions such as new product forecasting, segmentation, price and promotion evaluation, market forecasting, and more. Charlotte Cho, founder of Soko Glam. With more than 10,000 innovations available in the digital product showcase, the Cosmotalks series of webinars and the Cosmo … Market Size & Industry Statistics. Our report has categorized the market based on type, product and distribution channel. Though consumers tend to be more price conscious during those times, they do not stop spending. As we start 2021, the market landscape remains uncertain. The year 2021 was quite a time for beauty. Globally, the industry is strong and only getting stronger. The virtual beauty event was inaugurated in 2020 to temporarily replace Cosmoprof/Cosmopack Asia trade show in Hong Kong. The U.S. currently is the world’s largest beauty market, with about 20% share, followed by … Today the global beauty industry is a $532 billion business. In 2021, the beauty industry is taking with it many learnings and permanent shifts from the past year. The global pandemic that hit the world in 2020 negatively impacted various sectors and industries, including the beauty industry. Big data 6. AI technology 3. Ulta Beauty has released its first trend report.. Called “Uncover,” the report focuses on three umbrellas of emerging and existing trends to watch for in … With all that’s going on, we decided to deep dive into this ever-changing world and provide you with our top beauty ecommerce trends that will continue to push the beauty industry forward in 2022. From neck masks (so long, tech-neck) to microbiome skincare to the rise of CBN, here are the top 10 trends to look forward to this year, according to the pros. In this time of rapid change, we analyzed the consumer trends that shaped 2020 to inform our view of the considerations for businesses across retail, food, entertainment, and tech as the new year begins In 2019, the global beauty market was generating approximately USD500 billion, and was poised for further growth. Up from $483B in 2020 to $511B in 2021 — and with an annual compounded growth rate of 4.75% worldwide — it’s predicted to exceed $716B by 2025. This year’s edition of Cosmoprof Asia Digital Week (CADW) took place from 8th to 16th November 2021. The beauty industry is known to be resistant to economic downturns - even faring well during the Great Recession of 2008. Leading execs from the beauty industry feted innovation at the 2021 WWD Beauty Inc Awards breakfast. Total global beauty industry spending in 2020 was $483 billion, and the annual total is expected to top $716 billion by 2025. Haircare. Its compound-annual-growth-rate (CAGR) ranges between 5% and 7%. To help shed some light on what’s to come, we asked five of the industry’s leading retail experts to share the beauty trends that they predict will be everywhere in 2021. The total U.S. industry market size for Beauty Salons: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size. 1. The worth of the global beauty industry is currently at $532 billion. Influencers 7. With how fast and high it’s going, it will be close to doubling its current figure in a few years. The beauty industry is now evolving and embracing the new trends brought by the pandemic. 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