In 2009, the beauty industry will undergo its own cleansing regime, as Mintel Beauty Innovation predicts a year of consolidation. The 21st century has been marked by the introduction of many new beauty companies, all claiming to make us look younger, thinner and more attractive in their own unique way. But the tougher economic climate will mean that only the strongest brands, which can really prove their worth, will earn their place in our beauty cabinets. “2009 will be all about survival of the fittest in the beauty industry. Consumers are going to demand real value for money as well as visible results, and they will stick to the select number of brands they can truly trust,” comments Nica Lewis, Head Consultant of Mintel Beauty Innovation.

Related Insights

Press Release
Mintel, the global leader in market intelligence, today revealed three key predictions set to impact the global beauty and personal care (BPC) industry in 2026 and beyond.     By…
Press Release
Current fragrance trends are heavily influenced by social media platforms such as Instagram and TikTok. Mintel’s The Future of Fragrance 2025 highlights how viral micro-trends and growing interest in…
Press Release
Indonesia is emerging as a major force in the global beauty industry, fueled by a youthful population, digital engagement, and evolving consumer preferences. With over 270 million people—more than…
Press Release
Thailand’s fragrances and scented products market is growing, with product launches increasing from two percentage points between October 2019 and September 2020 to 4% in the same period from…