GLOBAL TRENDS 2018 - Cosmetic Innovation
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
EDITOR’S NOTE round the world, All of the trends are supported by evidence echoed in markets gathered from Mintel’s proprietary consumer from New York to research, innovative developments observed Seoul, the beauty by Mintel’s global team of trend spotters, and personal care and international beauty and personal care industry will products collected in Mintel Global New experience a Products Database (GNPD). fundamental shift in 2018. The term ‘natural’ will expand to We look forward to exploring the potential include locally-sourced and technologically- these trends present for your business. enhanced ingredients, products, and services Best wishes for the year ahead. as brands look to overcome environmental challenges. Consumers will demand Mintel's Global Beauty & personalised beauty defined on their individual Personal Care Analyst Team terms, and brands will embrace inclusivity by looking beyond age, gender, sexuality, and body type. Brand persona will become paramount as more consumers expect to see their values reflected in the products they buy and the companies they support. Finally, digital technology will drive unprecedented customisation of the shopping experience. Welcome to Mintel’s Global Beauty & Personal Care Trends for 2018. The predictions outlined in the pages that follow are the result of collaboration between Mintel’s global team of expert category analysts, spanning every major market around the world. This led to the identification of four key trends, which reflect overarching consumer themes of trust, transparency, ethics, sustainability, individuality, and speed.
CONTENTS 06 Playing Mother Nature The concept of natural beauty ingredients is expanding in an ever-changing world; brands will give Mother Nature a helping hand by encompassing local approaches and developments in biotechnology. 12 My Beauty, My Rules Brands will stop targeting consumers based on their age, gender, or body type as consumers increasingly demand personalised beauty defined on their terms. 18 Campaign Capital Simply selling a great beauty product will no longer be enough; brands must have personality and purpose that align with consumers’ own beliefs in order to win them over. 24 Private Eye Digital technology will follow consumers everywhere, influencing their product purchases and helping them to navigate the complexities of the beauty aisle.
PLAYING MOTHER NATURE The concept of natural beauty ingredients is expanding in an ever-changing world; brands will give Mother Nature a helping hand by encompassing local approaches and developments in biotechnology. WHAT’S HAPPENING IN 2018? ith evolving consumer consumers to protect and preserve demands and climatic resources within their surrounding changes around the environment. In order to meet world, the beauty and consumers’ growing demands for personal care industry’s approach to pure and efficacious products, natural and sustainable ingredients a dependence on science and must adapt. A move to become technology will be essential for the more ‘local’ in terms of ingredient future of ‘natural’ beauty products. sources will create opportunities for 06 07
WHY CONSUMERS Consumers WILL BUY INTO THIS green-light natural products 45% of female facial skincare onsumers today are doing users in China plan to 33% more research and reading use products made with up on the products and natural herbs/plant services they buy more than ingredients more often of Italian consumers who 29% ever before; as a result, they are more to improve their skin in tune with related developments in purchase colour cosmetics science and technology. Smartphone choose natural products apps can provide consumers with of Australian consumers insights into the safety of products look for locally made/ and the source of ingredients, and grown products or certifications are on the rise. services* when shopping for everyday items (*eg groceries, toiletries, clothes) While naturals continue to be popular with a growing number of beauty 50% consumers, many are choosing to ‘get back to basics’ by shopping small, buying locally-sourced, locally-produced, and small-batch products, and by ‘being of UK consumers who Base: 1,622 UK internet users aged green’, which is now not only trendy, but buy beauty products look 16+ who purchase beauty products; for products made with 25% for many, a lifestyle choice. These efforts 1,350 Chinese women who use facial skincare products; 1,016 Italian appeal to those who want products that natural ingredients female internet users aged 16+ who reflect who they are and where they live, purchase colour cosmetics; 1,407 and that instill a sense of pride of German consumers who metro Australian internet users and guardianship for ingredient purchase natural/organic aged 18+; 1,264 German internet sourcing and production, as well personal care products do users aged 16+ who typically use as manufacturing processes. so because they believe natural and organic beauty and they are better for the personal care products environment Source: Beauty Retailing UK 2017; Facial Skincare China 2016; APAC Metro Consumer Study; European Consumer Research 2017 08 09
TRENDS IN ACTION OUTLOOK FOR 2020 Maysu uses a special AJALI Handmade YAROK HAIRCARE, Detox Me ‘space ginseng Naturals creates 100% an organic, sustainable he possibilities regeneration’ technology natural beauty products haircare brand, mixes for creating safe, to improve the natural crafted in Nigeria. The aromatherapy-based allergen-free, pure, ginseng ingredient. brand boasts a strong products in front of and efficacious According to the Chinese moral ethos, encourages customers at its 100% ingredients through science brand, the extreme fair trade, uses ingredients vegan treatment bar in could one day replace environment of space that are indigenous to New York City. Founder the harvesting of natural speeds up the ageing West Africa (eg unrefined Mordechai Alvow claims ingredients, particularly as we process of human skin, cocoa butter, virgin coconut that all ingredients “have see increasing climate change so the brand mimics these oil), partners with local been tested for results Smartphone and many ecosystems suffering conditions to ‘grow’ a farms, and encourages but also kindness to your app Detox a loss in biodiversity. With these more powerful version consumers to embrace senses and the earth”. Me ‘empowers environmental challenges, of ginseng. and accept themselves for consumers to local sourcing and production who they are. eliminate toxic chemicals of ingredients will become m.n g from their daily lives’ by essential in 2018 and beyond, li.co aja offering easy, research- Covestro, a global strengthening the idea of local based tips on how to polymer manufacturer, pride—not just with brands reduce exposure to has developed a and manufacturers, but with potentially harmful process to produce consumers too. A resurgence AJALI chemicals. The high-quality plastics of local wisdom in the coming Handmade app also tracks from environmental year will help to address the Naturals users’ progress. CO2, thus reducing challenges created by a lack reliance on petroleum for of biodiversity. manufacturing. From ingredients to packaging to branding, over the next three years, brands will be challenged mordechaialv to focus on safety and purity, o to clearly communicate w .co m product benefits, and to turn to YAROK technology in order to take a local and ethical stance. 10 11
MY BEAUTY, MY RULES Brands will stop targeting consumers based on their age, gender, or body type as consumers increasingly demand personalised beauty defined on their terms. WHAT’S HAPPENING IN 2018? eauty is defined and beings into a demographic or redefined on a daily by using labels based on just basis by consumers’ one aspect of them. Consumers age, gender, sexuality, skin/ want products that fit their own hair/body types, and so on. personal routines and meet their This means the perception of own sensitivities. The beauty what beauty is needs to be consumer is more than just a reset. Brands should focus on part of a demographic, a people’s behaviour instead of generation, or a gender—they simplifying complex human are an individual. 12 13
WHY CONSUMERS 75% of French female WILL BUY INTO THIS Beauty consumers say feeling n the past, different. They want comes in all comfortable is better brands had sole their individual needs than looking perfect shapes and sizes control over what defines beauty; to be answered with options or however, perceptions customisable beauty. of beauty based on age, gender, skin, As consumers hair, and body type continue to express are changing, and their individuality, control has shifted. they are being Now, the consumer drawn to new indie 62% of Canadian consumers dictates what beauty is to the brand. An influx of information brands offering fresh perspectives and unique benefits aged 18-34 agree it’s OK online has educated that big brands for people to experiment 33% consumers and they can’t fulfill. Being with gender believe they know independent means their skin/hair/body the brand can keep of Brazilian Millennials best and appreciate its individuality. aged 19-35 say they that everyone is 31% of Chinese consumers would like to see more adverts featuring people with a wider range of aged 20-49 say that the body types word ‘individuality’ 40% Base: 1,032 French female internet users aged defines luxury 16+; 744 Canadian internet users aged 18-34; 950 US female internet users aged 18+ who use colour of US make-up users cosmetics; 1,500 Brazilian internet users aged 16+; 3,000 Chinese internet users aged 20-49 aged 25-34 are frustrated by products that don’t Source: European Consumer Research 2017; match their skin tone Marketing to Millennials Canada 2017; Colour Cosmetics US 2016; Luxury Retailing China 2016; Marketing to Millennials Brazil 2017 14 15
o7 a /n di TRENDS IN ACTION om pe ts.c i oj Em Toun28, a South Korean Olympic fencer b oo beauty startup, creates Monica Aksamit personalised, natural is the star of a skincare subscriptions. campaign from Facebook These chemical-free, UK cosmetics bespoke products are brand created based on facial No7, which analysis, with one product promotes Park Makrae, a 70-year-old Singer/ being created for each the power of known as Korea Grandma, songwriter turned different part of the face. One cosmetics and hit YouTube with her cheeky, entrepreneur batch lasts 28 days; each how make-up bubbly videos that showcase Robyn “Rihanna” subsequent batch is made makes you feel, her beauty, fashion, and Fenty launched Fenty based on Toun28’s rather than look. lifestyle tips. Park may not be Beauty to fill a void in the algorithm, which predicts The advert aims to the most conventional beauty industry for products that the user’s needs. champion the true role icon, but she redefines perform across all skin types of make-up in women’s beauty and ageing. and tones. She launched Facebook lives—the internal power and No7 fentybea the global make-up line added 125 new emojis to energy that women have ut y I nsta gra focusing on a wide range of its platform in April 2017, when they feel in control of m traditionally hard-to-match including families with their own beauty. skin tones, creating different-coloured skin tones. formulas that work The previous emojis all had for all skin types, a default yellow skintone, OUTLOOK FOR 2020 and pinpointing which only resembled lighter universal skin colours. shades. he ever-evolving perception consumer that beauty choices are theirs of beauty will see the removal to be made, and theirs alone. The time of labels that are based on has come to celebrate individualism in all simple characteristics like age its beauty. and gender, and will transform the way we look at our skin, hair, and body types. Over the next three years, fast-changing This will cause brands in the coming consumer behaviours will require Fenty years to embrace inclusivity and address brands to redefine how they segment Beauty individual beauty concerns, which consumers, to become all-inclusive in will result in more customisation and their approach, and to elevate every personalisation of products—assuring the opportunity for customisation. 17
CAMPAIGN CAPITAL Simply selling a great beauty product will no longer be enough ; brands must have personality and purpose that align with consumers’ own beliefs in order to win them over. WHAT’S HAPPENING IN 2018? onsumers have campaigns need to align with never had so consumers' own beliefs and much information values, so people feel like at their fingertips, they are buying an attitude which has gifted them with and lifestyle, and not just more power when purchasing a product. Although some products. The onus is now on beauty companies have brands to impress consumers championed worthy causes with a human-like personality for many years, it has now that's relatable, personable, become an essential element and sincere. Brand marketing of branding. 18 19
Shoppers 34% of French consumers prefer brands trust smaller businesses that earn honest 37% of UK consumers more than large corporations money consider whether or not a product is tested on animals when shopping 27% of Indonesian consumers say they prefer products that maintain fair 56% trade regulation of US consumers have stopped buying products from a brand/retailer if they believe they are unethical WHY CONSUMERS WILL BUY INTO THIS 29% any consumers now give something back to the world. care about the value a Younger generations in particular brand and product can don't like labels and increasingly Base: 2,000 US internet users aged 18+; 2,000 UK internet of Brazilians prefer to buy offer them as much strive to live in a society that's users aged 16+; 1,000 French internet users aged 16+; 1,463 from companies with as the quality of the product itself. free of 'isms'. When purchasing Brazilian internet users aged 16+; 1,192 metro Indonesian sustainable practices Terms like 'cruelty-free' have become products, they want to be sure their internet users aged 18+ branding buzzwords and there's now brand choices are aligned with their Source: The Ethical Consumer US 2015; The Ethical Brand an expectation for corporations to personal values. UK 2016; European Consumer Research 2017; Sustainable Lifestyles Brazil 2016; APAC Metro Consumer Study 2017 20 21
OUTLOOK TRENDS IN ACTION FOR 2020 SK II eauty companies After seeing cancer patients will develop a m lose their natural eyelashes ‘face’ and clear .co - ii due to chemotherapy, ‘personality’, while sk Thrive Causemetics more consumers will demand founder Karissa Bodnar Promoting messages of to be able to talk to brands in developed a ‘clean beauty’ female empowerment, the same way they talk to their line of false eyelashes and SK-II: Marriage Market Sephora launched In Malaysia, Laneige’s friends. As a result, consumers cosmetics. For every sale Takeover is part of SK- Honest its global Accelerate Waterful Sharing will expect instant responses the Los Angeles, California- II’s global #changedestiny Company uses some programme to establish campaign —which provides to their needs and queries, based company makes, campaign, which encourages of its proceeds to fund a community of female underprivileged communities inevitably altering corporate they donate one additional women to ‘change their educational programmes entrepreneurs in the beauty with access to a continuous structures and causing product to a woman who has DNA’ and take control of like US-based Code.org, industry. Programmes like supply of clean water—went marketing roles to evolve and cancer or is suffering from their future by assuring them a nonprofit organisation this serve as an incubator a step further in 2017 by new roles to be created in order domestic violence. that they can still be happy dedicated to expanding for indie beauty brands to pledging to raise RM 100,00 to craft and maintain the brand's without being married. access to computer excite the market and mirror (USD 23,615) from the sales image on social media. thriv eca science and increasing an intimate understanding of of its Water Sleeping Mask. u se me ti c participation of women and consumers’ needs. A portion of the proceeds will In 2018 and beyond, there s. co m underrepresented minorities. help fund the installment of will be a focus on funding water filtration systems. educational projects rather than simply giving money to charity, and environmental and ethical Sephora issues will be at the forefront as Accelerate 2017 Millennials and Generation Z Bootcamp place greater emphasis on the Thrive Causemetics world around them. It will be imperative for brands over the next three years to have a personality that is genuine, a viewpoint that clearly communicates their positioning, and initiatives that go beyond corporate social responsibility and truly give back to society. 22 23
PRIVATE EYE Digital technology will follow consumers everywhere, influencing their product purchases and helping them to navigate the complexities of the beauty aisle. WHAT’S HAPPENING IN 2018? igital technology will make This will come at a price for the shopping more personal beauty industry, however, as in 2018. Beauty brands consumers recognise the value of will use consumers’ their biometric data and demand faces not only as canvases for either privacy or compensation. their products, but also as a way to track their likes and dislikes, and Data security will become more guide them through the shopping important than ever. Across the experience. Apps will become globe, governments are recognising digital personal assistants, while the need for greater data protection voice-based technology will evolve and are taking steps to put legislation to curate products. Overlying all of in place that compels all businesses these developments will be the ever- to seek consumer consent, disclose pervasive social media, converting tracking, and offer consumers the beauty tourists into beauty shoppers. right to be forgotten. 24 25
33% WHY CONSUMERS WILL BUY INTO THIS ith so many products on of Spanish consumers who view beauty content 45% of Thai consumers on social media would the shelves, time-pressed compare prices at be interested in buying other stores while consumers want a more intuitive shopping experience. Beauty is in products directly through shopping in-person social channels the eye of the 30% New technology can interpret consumers’ facial expressions and eye movements to determine their product preferences and offer smartphone help, both in-store and online. holder of UK fashion buyers are interested in digital Consumers who want personalised and screens to search customisable beauty will respond positively for product information to health/beauty apps acting as digital in-store shopping assistants. These apps and devices will use consumers’ biometric data to create a real-time set of recommendations to make product discovery faster and more personal. Shoppable social media posts convert inspiration to information, allowing consumers to seamlessly transition between 67% of US iGeneration beauty creative imagery, product education, buyers aged 18-22 prefer and purchases, adding another layer of to search for product consumer convenience. information in store on their mobile device than Base: 1,743 US internet users aged 18+ who have purchased ask a sales associate 35% beauty products; Chinese internet users aged 20-49 who have purchased beauty/personal care products; 1,307 UK internet users aged 16+ who have bought clothes, footwear and/or fashion accessories in-store; 455 Spanish internet users aged 16+ of Chinese beauty buyers who have seen beauty-related content on social media; 1,142 aged 20-49 are interested metro Thai internet users aged 18+ who own a smartphone in trying a mobile app that can recommend beauty Source: Beauty Retailing US 2017; Beauty Retailing China 2017; products based on Fashion Technology & Innovation UK 2017; European Consumer their needs Research 2017; APAC Metro Consumer Study 2017 26 27
TRENDS IN ACTION Kanebo Smile Connect app VAQSO VR is a small Lightwave found a way Smashbox has worked Japanese skincare brand Sephora and Ulta are among device that attaches to the to channel emotion to create with ModiFace to trial new Kanebo launched the Smile the 20 retail brands selected to bottom of any virtual reality living artwork. In June 2017, technology that tracks Connect app, which gathers pilot Instagram’s shoppable (VR) headset, and emits they partnered with Mountain consumers’ eye movements data from a skin moisture platform. When the user realistic scents synced Dew and turned biometric to improve conversion rates. sensor to order to measure taps shoppable posts, the to the content. Scents so data from skateboarders’ The app allows users to consumers’ skin condition names and prices of the far include ‘the hair of a wristbands to convert heart go beyond virtually trying on a daily basis, and gives pictured products appear. beautiful girl’, which hints at rate, skin temperature, on Smashbox make-up; it advice on how to improve Within three clicks the user the promise for fragrance motion, and galvanic skin follows their eye movements the user’s skincare routine is directed to the brand companies to create response into a digital art to see what they are most in relation to seasonal website, where the option to multisensory VR advertising display in Long Beach, interested in, enabling the changes. purchase is available. and sampling campaigns. California. The colours brand to prompt the user and shapes changed along to buy or look up with the skateboarders’ more information. OUTLOOK physical responses. FOR 2020 he commercial use days of social media being of biometric data purely social will have long since will extend beyond passed as companies transform eye tracking. Heart these online interactions into Instagram’s rate, body language, and shopping opportunities. shoppable speech will all be important platform biometric indicators for a Over the next three years, more complete assessment holistic approaches to biometric of consumer preference and data and the blurring of lines ta personality in 2018 and beyond. between social media and ul b ea ut Meanwhile, the collection and online retail will encourage yI nst agr am use of personal data for brand brands to drive unprecedented benefit will see a backlash from customisation of the shopping privacy advocates who will experience, giving consumers VAQSO VR demand that consumers are able more control over where, when, to learn from and act on their and how their data is used. own data. Looking ahead, the 28 29
30 31
mintel.com © 2017 Mintel Ltd. All rights reserved.
You can also read