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Data Tracker: The changing face of the beauty market

Globally, 60% of skincare product launches have a botanical/herbal positioning

Two reports point to significant changes in the market for beauty products, globally and in Asia.

According to Euromonitor’s research, there is a shift towards premiumisation as consumers are becoming more selective about what goes into the making of their beauty products. And a report by global market research firm Mintel looks at Asian consumers and brand behaviour. •Premium beauty and personal care outperformed the mass segment in 2017, for the second consecutive year, growing at nearly 6% •China and the US are expected to contribute just over half of ...

First Published: Mon, November 06 2017. 13:21 IST

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