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Beauty & Personal Care: Strong growth in 2021

A great-looking market!

The Beauty & Personal Care market is thriving and is one of the fastest growing consumer markets, driven in particular by the Cosmetics and Skin Care segments. 

  • Revenue in the Beauty & Personal Care market is expected to be US$511,401m in 2021 with an expected 4.75% CAGR ( 2021-2025).

The main reason for this strong growth is the generational shift as young consumers enter the market. This change is reinforced by social media, internationality, and eCommerce, which have a lasting effect on buying behavior when it comes to beauty products. Trends from all over the world are spreading and changing the daily beauty and care routine.* 

Long controlled by giant legacy brands, the beauty industry has turned increasingly online. Once “challenger” brands like IPSY, Glossier, and Fenty Beauty are now household names — spanning geographies and demographics alike.  Entrepreneurs are rushing to respond to a new wave of consumers seeking fresh norms and niche products.** 

How you can grab your share

Cosmetics and personal care labels have some of the most stringent application demands in our industry. Brands in this segment want expedited label order turnaround times, highest definition printing and their label-printing vendors to be true supply chain partners. 

With run sizes getting smaller and smaller and SKUs continuing to proliferate, label converters need a range of labelstock supply options to ensure they’re keeping up with their customers’ requirements.

With fast turnaround and a broad supply of labelstocks – Channeled Choice premium offcuts are a great option for converters printing labels for beauty and personal care.

Turn to us for:

  • BOPP 
  • Polyolefins 
  • Polystyrene 
  • Polyethylene 
  • Semi  & Hi Gloss 
  • Silver & Gold Foil & Metalized Paper
  • Tag Stock (PS) 
  • Destructible Vinyl 
  • Synthetic Paper 
  • Fluorescents

 

*Source: statista.com

** Source:  commonthreadco.com