A year in the life of beauty trends
Beauty is always changing, and new untapped territories have been unveiled recently. We released several reports this year, with Univar Solutions Beauty and Personal Care, demonstrating the potential of different beauty segments.
- Textured haircare shows a lot of potential, with a global haircare estimated to reach over 100,000 million USD of retail value by 2026, which is a 6.9% year-on-year growth.
- Suncare is currently experiencing an annual growth rate of around 15.3%. It was estimated at 12,473 million U$D in 2021 and will grow to reach nearly the 20,000 million U$D figure by 2026. (Euromonitor International 2023).
- Skincare globally had an estimated value of 115,116 billion USD, in 2021, and will move beyond 200,000 billion USD by 2026 according to a recent report by Euromonitor.
- Accessible beauty is a growing interest in the market. In our interview with Victoria Watts, founder of VictoriaLand Beauty and the CyRUS system, we unveiled the innovation in the segment.
Read our insights below: