Beauty & Personal Care
Empowering beauty and care for the modern world
Sustainable Beauty and Wellness Experiences for All
The beauty and personal care industry has grown conscientiously in recent decades. People’s high cost of living and cautious expenditures have led them to be selective and increasingly inclined toward the beneficial features of personal care products. With certain innovations in this vast segment, most manufacturers are trying to develop products of supreme quality with the least environmental impact.
Industry Trends
Beauty & Personal Care Trends
Holistic Skin Care
Stem Cell in Hair & Skin Care
K-Beauty
Skinification of Hair
Holistic Skin Care
The holistic skin care trend is exhibiting swift growth while integrating spirit, mind, and body into beauty routines. The demand for including natural ingredients, wellness-oriented benefits, biotech advancements, an in-depth understanding of the skin-mind sync, and eco-friendly packaging is pushing the development of holistic skin care.
The holistic skin care market is slated to spike at a CAGR of 8.5 percent for the next 5 years, driven by sustainable and cleaner alternatives. The focus on natural, multifunctional products that offer stress relief and improved mental clarity has propelled this trend. Inducting the latest trend backed by innovation and scientific approach can ensure increased loyalty and leverage branding for investors and companies. Moreover, further horizon scans and R&D can aid in the escalation of business.
How Can We Help?
With innovation charging product lines and market dynamics in the retail and CPG industry, a wide window of opportunity has opened for industry players to become disruptors rather than being disrupted. A close scrutiny of market signals and a guided approach could easily help either change the game or make you the game changer. Most importantly, foresight could be the key to developing business resilience against market, geopolitical, and consumer-based uncertainties. Our CPG and retail consulting team has been helping companies identify challenges and opportunities reshaping the consumer products and retail domain, enabling seamless business transformation, scenario planning, technology and innovation adoption, strategic decision-making, and defining key trends and drivers.
ExploreInnovation is a paradox that the retail and consumer goods world has long struggled with. It has been both the biggest growth driver and challenge to this industry. A pertinent reason for reimagining innovation, measuring success, cross-functional collaboration, agile development processes, customer-centric design, consumer insights and market analysis, and iterating and R&D strategy keep clients ahead in the competition. Our consumer goods and retail consulting team shoulders innovation and R&D strategizing with intellectual property protection, technological, and regulatory insights. From innovation whitespace identification to benchmarking R&D strategies, we ensure that your product line aligns with shifting consumer, market, and regulatory perspectives.
We understand the intricacy of navigating through a complex yet deeply connected ecosystem of marketers, influencers, consumers, customers, and business counterparts. It can’t be done alone. As your growth partners, we help you capitalize on evolving opportunities in new geographies, channels, markets, and the innovation landscape. Our omnichannel approach empowers our clients with go-to-market solid propositions, competitive edge, and scalable business models that enhance their operational and revenue generation capacity across their value chains. Our services focus on market research and analysis, target market segmentation, marketing and promotion strategies, product portfolio strategy, corporate social responsibility, customer experience, and distribution channels, to list a few.
Explore
Establishing and achieving ESG goals is tricky, given the varying definitions and multi-level risks associated with sustainability. It also requires quantifying efforts against measurable ROI, evolving business needs, and rapid geopolitical shifts disturbing the value chain dynamics. An end-to-end approach holds immense potential to resolve these predicaments. Our team of CPG and retail consultants partners with companies to develop a holistic approach driven by in-depth, data-driven, actionable insights, impact and risk assessments, goal settings, resource efficiency, circular economy initiatives, packaging, and product design tailored to their business goals and requirements.
ExploreMarket disruptions and increasing consumer fluidity demand swift adaptations, implying the need for co-manufacturers and collaboration partners. With our sector-specific expertise, we are helping companies find synergy between changing consumer preferences and proofing business growth against disruptive trends. Our CPG consultants are helping retail companies find befitting partners, co-mans, and collaborators and leverage evolving consumer, market, ESG, and regulatory demands. We do it through market research and networking, compatibility and alignment, relationship building and management, continuous monitoring, performance evaluation, supplier assessment, and contracting and negotiation.
Explore
The retail and CPG world is going through a paradigm change, implying faster adoption of AI, customized POS and FID innovations, generative AI, acknowledging complex consumer sentiments, and so much more. As more and more industry players move to grasp underlying opportunities in these shifts, the search for scaleups, innovations, technologies, and startups takes center stage. Our team is helping retailers find answers to these quests with innovation scouting, business & trend monitoring, market research, product development and differentiation, distribution and sales channels, operational efficiency and scalability, financial planning and funding, and benchmarking solutions. We are constantly screening the global ecosystem to identify solutions beneficial for your business growth.
Our Experience
Startup and Material Scan: Clean Label Cosmetics
A famous cosmetics brand contacted Stellarix to identify top startups working under non-GMO, non-toxic, and non-indigenous compliances and materials. The company’s aim remained trend mapping and material scouting for cosmetic products. The study primarily focused on discovering waxes, oils, gums, and natural polymers that work wonders in skin protection, collagen production, and hydration. Client Background […]
Landscape: Nanotech & plant-based bioactives in Sunscreen
A globally renowned cosmetics and personal care brand approached Stellarix to gain a deeper understanding of the use of plant-based bioactives and the application of nanotechnology in the industry. The client requested to discover the landscape of sunscreen technologies. The study delved into complications like visible residue, skin coating, reduced UV efficacy, and uneven skin […]
Paper-based Packaging for Pet Food
A top pet food manufacturer interested in sustainable alternatives to plastic packaging sought help reducing and mitigating industrial waste through paper-based solutions. The study focused on finding quality paper packaging with tremendous functional properties, locating relevant and important technologies, and competitive analysis. The vital insights empowered the client to understand the limitations and advantages of […]
Client Queries Addressed
Q1. What are the latest trends and technologies in product development that can be leveraged to accelerate innovation? Q2. How can companies streamline their R&D processes to shorten the time from concept to market? Q3. What strategies can be employed to effectively manage and prioritize new product ideas and development projects? Q4. How can collaboration with research institutions or technology partners enhance the product development process? Q5. What role does consumer feedback play in the product development cycle, and how can it be effectively integrated?
Q1. How can brands effectively leverage unique selling propositions (USPs) and differentiators to stand out? Q2. What are the most effective methods for identifying and targeting key consumer segments and demographics? Q3. How can brands use marketing and promotional strategies to build a strong and distinctive brand identity? Q4. What role do product packaging and design play in differentiating products and attracting consumers? Q5. How can companies measure the effectiveness of their branding and positioning strategies?
Q1. What digital platforms and tools can be used to engage consumers and build brand loyalty? Q2. How can e-commerce and digital marketing strategies be optimized to drive online sales and customer acquisition? Q3. What are the best practices for utilizing social media and influencer partnerships to increase brand visibility and consumer interaction? Q4. How can brands use data analytics to gain insights into consumer behavior and preferences for targeted marketing? Q5. What steps should be taken to ensure a seamless and effective digital experience for customers?
Q1. How can horizon scanning be structured to identify long-term industry trends and disruptive technologies? Q2. What tools and techniques are most effective for monitoring shifts in consumer behavior, regulatory changes, and competitive dynamics? Q3. How can companies prioritize and act on insights gained from horizon scanning to stay ahead of the curve? Q4. How can you help in scenario planning play in horizon scanning?
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