Three Big Trends Impacting the Beauty Industry Right Now
August 10, 2023
The beauty industry is experiencing three significant trends that will shape its future. Firstly, the way marketing is conducted has changed, with a focus on engagement and entertainment through short videos that tell a story, correlating directly with higher sales. Secondly, technology is impacting product formulation, personalization, and marketing, with a surge of startups focused on technological innovation in the beauty sector. Lastly, men’s use of personal care products has almost doubled since 2004, indicating a growing market that requires different marketing strategies.
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