The global beauty industry hit $617.2 billion and is projected to grow to $670.8 billion in 2024, with a steady 9% annual growth rate 📈 Discover what drives this growth and the key markets to watch, read the news 👉 https://hubs.li/Q02Hr-qP0 🚀 From the USA and China to the emerging giant Africa, don’t miss out on the future of beauty!💄 #Cosmoprof #CosmoprofWorldwide #BeautyIndustry #MarketTrends #GlobalGrowth #Cosmetics #BeautyForecasts
Cosmoprof Worldwide Bologna’s Post
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As an all-encompassing discussion of the industry present and future, the #FUTURE50 panel lineup wouldn't be complete without an expert-driven talk on the second-largest beauty market: China. Home to some of the most innovative brands and retail concepts, the region remains an intriguing landscape, but with slowing growth and struggles for international brands, growth doesn’t come easy. John Cafarelli, President of BeautyMatter, spoke to GABBY YJ C., President of Global Expansion, Florasis; Xiaofeng Gu, Head of Jing Intelligence, Jing Daily; and Charles Denton, Chairman of ERNO LASZLO, about the realities of entering and prospering in an increasingly competitive market, which is set to hit $96 billion by 2027, according to McKinsey & Company. Discover the key takeaways: https://lnkd.in/eXMT5PUu #BeautyMatter #beautyindustry #beautybusiness #china
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Business Development Lead @ YASO | Connecting your brands with the next-generation Chinese consumers | Ex-TikTok
“2024 will prove make-or-break for many beauty brands in China” - Fiona Jing, Head of Brands at YASO. We’re excited to announce the release of its inaugural trends report, "China Next: A Changing Beauty Landscape" Accelerated by increasing disposable incomes, an expanding middle class, a growing cultural emphasis on self-care, and the rise of highly creative domestic players, China’s personal care market is undoubtedly one of the most dynamic in the world. Yet beyond this top-line growth, the Chinese consumer landscape continues to undergo significant transformation in the post-Covid world. This report seeks to unpack some of these trends and changes, examining both the potential and the pitfalls of operating in the Chinese beauty space. Drawing on data and case studies from both Chinese and foreign brands, in this report we pick out some of the biggest shifts driving the sector forward, as well as the key product sub-categories to watch in 2024. (Shout out to Adam and Karim, two masterminds who made this trend report a work of art - it is BEAUTIFUL!) To download your free copy, click on the link below. https://lnkd.in/eac_qwBb #skincare #beauty #china #socialcommerce #chinamarket #trends #report
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Come along to our first webinar of 2024 - What is Next to China Beauty!
I am very excited to announce our first webinar of the year, "What is Next for China Beauty in 2024" 💄 🇨🇳 During the webinar, we will dive into our recently published trends report that has been featured in Forbes and Jing Daily. If you are an ambitious beauty and personal care brand, this one is for you! https://lnkd.in/eQTTCNpD
What’s Next for Chinese Beauty in 2024?
eventbrite.co.uk
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🌍✨ **The Beauty Industry: Where Development Happens at Lightning Speed!** ✨🌍 In the past, global beauty trends would take years to ripple across the world. Today? What’s trending on TikTok this morning can become a sensation everywhere by tomorrow! 🚀💄 A prime example of this rapid evolution is **MOIRA Cosmetics**, founded by Cristina Ko, sister of NYX founder Tony Ko. 🌟 Presented at the Las Vegas Cosmoprof North America beauty expo this summer and simultaneously debuted other side of the world in Helsinki, Finland - at one of the best beauty destinations: Department store Sokos & Beauty Chain Emotion from SOK 🥳 Moira is following all the trends, and launching them right on time for the beauty lovers - concentrating on top quality with affordable price - vegan, peta-certified and being very active in the Social media. This is more than just a trend; it’s a testament to how beauty brings us together, transcending borders and cultures while keeping us all on our toes. At Nordic Beauty Inc, we’re excited to navigate this fast-paced landscape and be part of the beauty revolution. Let’s embrace the change and celebrate the innovation in our industry! What trends are you seeing take off in your market? Would love to hear! 👇❤️ #BeautyIndustry #Innovation #GlobalTrends #MOIRACosmetics #NordicBeautyInc #changeishere #tiktoktrends
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The Chinese beauty market is undergoing significant shifts, with domestic C-beauty brands gaining traction and reshaping the competitive landscape. Faced with even stiffer competition, this is prompting a re-examining of the product and marketing strategies of international conglomerates in China. What does this ultimately mean for the industry and the end consumer?
2023 saw a slowdown in consumer spending in China, and international beauty conglomerates have been facing an increasingly competitive market amidst the rise of domestic C-beauty labels. Lydianne Yap, research director at RTG Consulting Group, provides her perspectives on the Chinese beauty industry and how brands have been navigating it. https://lnkd.in/gqKYHMqx
How Beauty Can Navigate a China Rebound
businessoffashion.com
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C-beauty brands boast strong performance domestically, but to achieve true global reach, they may need to adapt their products and marketing strategies to appeal to the European and Western market. How can C-beauty brands compete with more establish Western brands and translate their success to resonate with a global audience? Kudos to Gemma A. Williams for exploring the hot topic of C-beauty’s rise in this insightful piece!
Chinese beauty brands are making impressive strides. According to Lydianne Yap, Research Director at RTG Consulting Group, local Chinese brands outperform international competitors in China by specifically targeting the needs of Chinese consumers and having a thorough understanding of the market. How will C-beauty brands adapt to different markets internationally and go global? https://lnkd.in/eDisMptQ
Inside the Chinese beauty boom
voguebusiness.com
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STAY INFORMED ABOUT THE LATEST REPORT FROM 𝐈𝐧𝐭𝐞𝐥𝐥𝐞𝐜𝐭𝐮𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 COVERS 𝐁𝐲 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬, 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧𝐬, 𝐕𝐚𝐫𝐢𝐨𝐮𝐬 𝐑𝐞𝐠𝐢𝐨𝐧𝐬 INCLUDING: #NorthAmerica #Europe #AsiaPacific #LatinAmerica and #Africa. Hair Removal Wax Market Size, Share & Trends Analysis Report By Type (Pre-made Wax Strips, Soft Wax, Hard Wax) By Application (Commercial (Spa, Salon, and Parlors), Residential) By End User (Men, Women) By Distribution Channel (Hypermarket/Supermarket, Specialty Stores, Convenience Stores, Online Channels), Global Economy Insights, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2023 - 2031. 👤IMIR Market Research Pvt. Ltd. Don't miss out on this opportunity to stay informed about the latest trends in the Industry. 📚𝐆𝐞𝐭 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐀𝐭 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭𝐞𝐝 𝐏𝐫𝐢𝐜𝐞:📝👇https://lnkd.in/d3XwbKjk 📚𝐑𝐞𝐩𝐨𝐫𝐭 𝐅𝐨𝐜𝐮𝐬𝐞𝐝 𝐎𝐧 𝐓𝐨𝐩 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬: American International Industries (GIGI STUDIOS) Church & Dwight Co., Inc. Coloris sp. z o.o. Coty Coty Brasil FILO BIANCO S.R.L. - ITALWAX Harley Waxing USA Jax Wax Australia The Darent Wax Company Ltd Karaver ltd Marzena BodyCare Australasia Parissa Laboratories Inc. Reckitt Sally Hansen Grupo SID Starpil Wax USA Sue Ismiel & Daughters The Darent Wax Company Ltd Xanitalia srl WAX Hair Removal Bar #HairRemovalWax #Intellectualmarketinsightresearch #Marketresearchreports #Size #Share #Trends #Growth #Opportunity #Outlook #Forecast #Segments #KeyPlayers #RegionsOutlook #GrowthPotential #PriceTrends #CompetitiveMarket #Forecast #2023o2031
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#Luxury_Hair_Care Market 2023: Global Industry Analysis, Opportunities and Forecast To 2032 >> https://lnkd.in/gJsBDVMn The #Luxury #Hair #Care Market 2023 research #report gives emerging industry #data, global #segments and regional outlook. This report covers up all details such as #size, share, #value, #growth, restraints, and #opportunities for the year 2023 to 2032. The report generated using various #analysis tools like porter’s five forces #model, #market #attractiveness and value chain. L'Oréal, SEVEN, Kao Corporation, The Estée Lauder Companies Inc., Alcora Corporation, KOSÉ Corporation #luxury #haircare #personalcareproducts #hairproduct #beautyessentials
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The #beauty industry is big business in many eastern European countries, yet it can still be somewhat of a mystery to companies based outside the region. We spoke to Euromonitor International analyst Povilas Sugintas to find out more about these markets.. https://lnkd.in/duhDSzDd
The eastern European beauty scene: insights from a Euromonitor expert
cosmeticsdesign-europe.com
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Interesting article on China's ever evolving beauty market, with spot on insights from Lydianne Yap
2023 saw a slowdown in consumer spending in China, and international beauty conglomerates have been facing an increasingly competitive market amidst the rise of domestic C-beauty labels. Lydianne Yap, research director at RTG Consulting Group, provides her perspectives on the Chinese beauty industry and how brands have been navigating it. https://lnkd.in/gqKYHMqx
How Beauty Can Navigate a China Rebound
businessoffashion.com
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