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Second-Hand Beauty - ForeSights

  • ID: 5232158
  • Report
  • December 2020
  • Region: Global
  • 18 pages
  • GlobalData
1h Free Analyst Time

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Summary

"Second-Hand Beauty - ForeSights" explores the potential for used products to refresh the personal care sector.

Online resale or "recommerce" platforms have transformed the fashion industry, and have the potential to expand into the personal care sector. Some platforms already enable consumers to buy, sell, and exchange opened or “lightly used” cosmetics for competitive prices.

Scope
  • Consumers are drawn to the social component of resale platforms, many of which are designed to mimic the look and functionality of social platforms. Over three quarters of Generation Z consumers are interested in products that are trending on social media.
  • The shift to online shopping is evident in the personal care sector. This is significant given the importance that is typically placed on the in-store sampling experience.
  • Young consumers are most concerned about their environmental footprint and are also driving the resale trend. COVID-19 has only elevated awareness of the need to address global environmental issues.
Reasons to Buy
  • Identify future potential commercial applications for emerging concepts in fast-moving consumer goods.
  • Understand the relevant consumer trends and attitudes that drive and support innovation success so you can tap into what is really impacting the industry.
  • Gain a broader appreciation of the fast-moving consumer goods industry by gaining insights from both within and outside of your sector.
  • Access valuable strategic take-outs to help direct future decision-making and inform new product development.
Note: Product cover images may vary from those shown
  • What?
  • Why?
  • Take-Outs
  • Appendix
Note: Product cover images may vary from those shown
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