The Future of Beauty and Personal Care 2022
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Description
The Future of Beauty & Personal Care report identifies consumer attitudes towards beauty and personal care trends, global personal care, and the beauty industry in the UK. This market report covers the market size, market forecast, market segmentation and industry trends for the Future of Beauty & Personal Care market in the UK.
Current Market Landscape
In the future of beauty and personal care market, the definition of “beauty” is becoming less defined as consumers look to break the rules, with the power of culture and tradition being realised in positivity and representation. Online identities are steadily merging with real life, allowing consumers to create their true self, with multiple digital identities allowing for expression and creativity.
- The retail value sales of breakfast cereals increased by 8% in 2020.
- Value sales are estimated to slip back by 5% to £1.63 billion during 2021.
- 50% of consumers eat cereals more often, challenging traditional sweet treats as a snack choice.
Beauty consumers are pushing for bigger moves from companies on issues such as climate change, insisting that ethical impacts are displayed in clear and tangible ways. Brands will need to broadcast measurable metrics about their efforts around ethics and sustainability.
Future Beauty & Personal Care Trends
Innovation remains the lifeblood of the future of the BPC industry, although this can trigger concerns around unnecessary waste and leads to a focus on how brands can raise the bar on sustainability while being wary of appearing to overcompensate for overproduction and overconsumption.
The circular nature of the beauty industry requires more than the existing quantifying of goals and metrics. More importantly, it is an invitation for a fundamental shift in business normality and for brands to reimagine their relationships with their suppliers, consumers, and even with one another as organisations.
Read on to discover more details or take a look at all of our Beauty and Personal Care market research
Quickly understand
- The impact of COVID-19 on consumers and their engagement with smart home technology.
- Who are the key demographics for smart home products and where marketers should focus efforts for sales growth.
- What factors shoppers look for in smart home purchases and what themes resonate best with smart home participants.
- Attitudes toward smart home technology and how consumers perceive the category.
Covered in this report
Brands: Kao, REN Skincare, Ralph Lauren, L’Oréal, DressX, Norse Shop, Victoria’s Secret, Fable and Mane, Epic Games, RTFKT, Clinique, NARS, Givenchy, e.l.f Cosmetics.
Expert analysis from a specialist in the field
This report, written by Sarah Jindal, a leading analyst in the Retail sector, delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.
Changing lifestyles lead to big impacts on consumers’ relationship to beauty as we move into the next year and beyond.
Sarah Jindal
Senior Director – BPCH, Americas
Table of Contents
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in the next two years
- Taking action for the greater good
- The second self: shifting identities
- Breaking all of the rules
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in five years and beyond
- The future is digital
About the report
This market report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.
The consumer
What They Want. Why They Want It.
The Competitors
Who’s Winning. How To Stay Ahead.
The Market
Size, Segments, Shares And Forecasts: How It All Adds Up.
The Innovations
New Ideas. New Products. New Potential.
The Opportunities
Where The White Space Is. How To Make It Yours.
The Trends
What’s Shaping Demand – Today And Tomorrow.
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Please Note: This is a sample report. All of the figures, graphs, and tables have been redacted. Our reports are available to download in PDF and PPT formats.
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