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MARKET
The Age of Fluidity: Five Beauty Predictions for 2022 and Beyond
Feb 16, 2022
Despite the rolling uncertainty of living in a with-Covid world, McKinsey predicts that beauty sales in 2022 will overtake the pre-pandemic levels of 2019. “Beauty brands must adapt to the new normal, in order to benefit from the announced resilience of the beauty market,” explains Leila Rochet, Chief Inspiration Officer of Cosmetics Inspiration and Creation. Consumer sentiment is optimistic, and the urge to create moments of escapism and entertainment in the midst of all the unpredictability - is very real. In the future, consumers will learn the value of approaching life with a fluid mindset. If 2020-21 forced consumers to become rapidly adaptable, then 2022 and beyond will see them apply this flexible approach to deal with the dynamic motion of living in an uncertain world. Taking this newfound adaptability into consideration, Cosmetics Inspiration and Creation proposes a snapshot of the five key trends that will impact the industry in 2022 and beyond.
Consumer
Sustainable
MARKET
The Uprising Haircare Market in China
Dec 22, 2021
As a daily consumer product, the haircare market in China has massive headroom for brands to grow. The overall Chinese haircare market gained a steady growth rate of 4.8% in 2020, tapping a market size of 48.7 billion RMB...
Chinese Mainland
Hair Care
Business
Consumer
MARKET
The United States of America’s eCommerce Consumer Insights Snapshot 2021
Sep 16, 2021
In 2021, the United States of America still has the largest GDP in the world at US$ 20.93 trillion while still retaining the global number 2 spot in terms of eCommerce sales. This article follows up on our earlier article on the key trends of note to Southeast Asian merchants who want to sell to the United States by exploring key US consumer behaviours and insights...
Consumer
US
MARKET
Natural is the New Normal for Younger Us Beauty Shoppers
Jun 17, 2021
While they regularly share makeup trends and tutorials on social media, particularly on Instagram and TikTok, for young US people — aka Gen Z — makeup isn’t, or is no longer, the top priority when it comes to beauty. In search of authenticity and naturalness, the younger generations are instead focusing their attention on skin care and clean beauty, according to a recent study by Klarna.
Consumer
US
MARKET
Thai Consumer Preferences: Skin Care and Cosmetics
Mar 17, 2021
A recent HKTDC Research study found that 81% of the Thai consumers surveyed planned to spend more or about the same as they do now on skin care and cosmetics in the next three years. The affluent Thai middle class has an insatiable appetite for fresh new beauty products. The study also discovered a few trends in Thailand’s beauty and personal care products market. The growth of the market is being driven by the ubiquitous social media usage, bringing a whole host of new opportunities and challenges with it. The most obvious change is that social media has provided a new way to target more refined target segments of consumers. Focus group respondents indicated that they usually discover new brands or products via social media, and are more likely to give products a try if user reviews are positive.
Thailand
Skin Care
Consumer
MARKET
The Truth about Live-streaming E-commerce in China
Jun 29, 2020
Answers to Who benefits from live-streaming e-commerce? Is live-streaming e-commence a scam? Will it replace the traditional e-commerce? How to choose the platform etc.,
Consumer
MARKET
China’s High-End Cosmetics Segments
Mar 20, 2020
High-end cosmetics in China is a lucrative market that has huge potential for international stakeholders. High-end cosmetics are now within reach of a much wide range of consumers, including China's middle class, gen Z, and urban white-collar workers.
Consumer
Marketing
Product Innovation
High-end
MARKET
How COVID-19 Is Affecting the Beauty Industry in China
Mar 05, 2020
The outbreak of COVID-19 has impacted almost all sectors in China, including the beauty industry. There will be an inevitable delay in the implementation of China's new overarching cosmetic regulation (CSAR)...
Chinese Mainland
Business
Consumer
Marketing
Natural
MARKET
The Evolution of China's Consumer Market in the Past Decade
Mar 04, 2020
Big data & technology is transforming China’s consumer markets. Key milestones in the last decade include Wechat, Tmall, CBEC, Mobile Internet, New Retail, Pinduoduo, Douyin...
Chinese Mainland
FMCG
Consumer
MARKET
Cosmetics for the Elderly: A Neglected Niche Offering Major Potential
Feb 10, 2020
Research by the International Longevity Centre (Maximizing the Longevity Dividend), shows spending on fashion and shoes by older people will increase by 11 billion pounds (60 percent) from 2019 to 2040...
Chinese Mainland
Consumer
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[Updated] EU Amends the Use Requirements for 13 Nanomaterials in Cosmetics
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China May Provide Six-month Transition Period for Submission of Cosmetic Safety Assessment Report (Full Version)
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Monthly Recap: Global Cosmetic Regulatory Updates | February 2024
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China Consults on Guidelines for Submission of Cosmetic Safety Assessment Dossiers: Exemptions for Two Types of Cosmetics from Safety Assessment Report Submission
Featured
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Stay Current: China’s Cosmetic Safety Assessment Regulatory Landscape
Under the current regulatory framework, cosmetics registrants and notifiers can continue to submit a simplified version of the safety assessment report during the registration or notification process until May 1, 2025. Following this deadline, a full version of the safety assessment will be mandated. To facilitate a smooth transition, China is planning to release a set of technical guidelines.
China’s Safety and Technical Standards for Cosmetics (STSC) and Its Updates
The current cosmetic technical standard STSC 2015 specifies the cosmetics' general safety standards, prohibited/restricted/permitted ingredients and testing methods. It is revised aperiodically in response to changing trade practices in the industry. China is planning to issue a new version of STSC.
Cannabis Cosmetics Regulatory Updates in the Asia Pacific Region
Cannabis cosmetics are undoubtedly one of the hottest products across the globe in recent years, but with few regulations. To assist cosmetics companies to avoid compliance risks and seize market opportunity, ChemLinked has compiled the regulations.
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