The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.Learn More
The Cosmetics Innovate Summit is a place for curious, creative and conscientious cosmetics professionals to meet and discuss the greatest challenges facing NPD and quality professionals in the cosmetics industry today, to look at new product development from a whole new angle.
Session title: World Market for Beauty and Personal Care
Session description: Covid-19 sees the global beauty industry contract by 2% in 2020 with the forecast period impacted by slowing growth. Colour cosmetics and fragrances were particularly hard-hit while bath and shower, and skin care remained resilient. Asia Pacific remains a bright spot for the industry due to faster recovery from the pandemic, whilst North America and Western Europe see their economies suffer. Consumer attitudes have shifted due to the disruption of this period and companies must adapt to this through their digital and e-commerce offerings whilst aligning with simplicity and wellness.
Session date and time: 2nd March, 10:20 – 10:55
Speaker name and title: Amy Rollinson, Research Analyst