“The beauty industry has been on a tear for years. There are some submarkets that are exceptions, like the mass beauty markets, but overall the business of beauty continues to defy gravity. Even multibrand stores, which in other consumer sectors have a questionable future, are performing.” [https://www.forbes.com/sites/richardkestenbaum/2018/09/09/beauty-industry-biggest-trends-skin-care-loreal-shiseido-lauder/#42e82a796982]
The Cosmetic industry continues to defy consumer trends with both growth in on and off line stores, inspired by the consumer’s journey of discovery, new indie brands and the acquisition of brands by the majors. The big takeaway from Forbes article ‘The Biggest Trends In The Beauty Industry’ is that there is clearly room for growth and innovation. To read more visit the Forbes article here.
However to take advantage of these trends, its vital that brands work with an innovative and quality driven manufacturer that will enable the brand to take advantage of the fast paced selling environment and be on step ahead of the competition. New Laboratories takes a collaborative approach to client relationships, researching and developing formulations and production methods to help our clients build and innovate their brands.
New Laboratories we continually research cosmetics category and will work with you to create value in your investment through our cosmetic formulation and manufacturing skills. Our team has years of experience in both cosmetic formulation, brand creation, and manufacturing processes that can be invaluable to your brand’s future value and asset protection. For more information email New Laboratories at firstname.lastname@example.org