Emerging markets

Beauty

From transgender beauty products to electric hairbrushes… the beauty industry is expanding every day…..

The beauty industry is growing every day, it’s welcoming new technologies and therefore is in high demand.

“United Kingdom Health & Beauty market is forecast to grow by 21.1% over the next five years, in part driven by inflation which is set to reach 2.1% in 2017 – the highest level since 2000”. – Report Linker

Birchbox reached profitability in April of 2017 and Glossier is expanding to Canada, the U.K., and France. Beautycon is now as popular as Coachella!

Glossier+logo

The beauty industry is also growing in the discrimination aspects. For example, Glossier have created a Slack channel for their customer’s to be more involved in their product decisions. Resulting in amazing results like transgender beauty products, an extended shade range into darker tones, all-natural skincare, and developed hyper-personalized products.

 

 

 

Leave a comment