01.15.23
As the industry enters 2023 with uncertainty of a global recession, market research Kline & Company is sharing insights and predictions about what's ahead for beauty.
Here are some highlights from Kline reports to learn which trends are likely to gain steam in the next year:
For more news on the household and personal care industry, check out our January 2023 edition here.
Here are some highlights from Kline reports to learn which trends are likely to gain steam in the next year:
Beauty Sales Remaining Strong
Consumers plan to spend the same amount—or more—on professional skin care products in 2023.Metaverse Emerging to Connect Beauty Consumers
Brands continue to experiment with NFTs, digital storefronts and virtual products for avatars in the metaverse.Premium Refillable Beauty Gaining Ground
Conventional players tap into the trend with refill pod options for product replenishment.Inclusivity and Diversity Becoming the New Norm
Brands prioritize inclusion and diversity in their marketing strategy to increase brand loyalty.Multi-Site Beauty Outlets Creating Opportunities
Skin care destinations are becoming increasingly popular among young consumers who are looking for treatments.For more news on the household and personal care industry, check out our January 2023 edition here.