Global Cosmetics and Toiletries Sector Overview - Market Dynamics Influencing Innovation and Purchasing Decisions

Summary

The performance of cosmetics and toiletries in the last quarter has been heavily shaped by COVID-19, as consumers spend more time indoors and social gatherings become less common. Brands are attempting to navigate decreased willingness to spend on non-essential categories by adapting their business models and developing suitable innovation where possible.

This report outlines the key consumer and innovation trends impacting the cosmetics and toiletries industry in the last quarter. It explores market dynamics, industry deals, and news highlights, all of which are influencing innovation and purchasing decisions in the sector today.

Scope

• Make-up, fragrances, and sun care are to see the most decline in 2020 compared with previous baseline predictions.
• The majority of global consumers continue to purchase beauty and grooming products in the middle of the price range.
• North America's cosmetics and toiletries industry will see the greatest volume decline in percentage terms in 2020 compared with previous baseline predictions.

Reasons to Buy

• Assess the global market development and categories driving performance in cosmetics and toiletries.
• Identify the key consumer behaviors shaping cosmetics and toiletries and their resulting trends.
• Gain access to forward-looking recommendations and future innovation opportunities.