This is February and you are yet to see the green light in terms of opportunities for 2020.
Let those who know what customers and consumers think advise you.
Yves Saint Laurent
Beauty will turn to foraging, with indigenous wild-harvested ingredients gaining traction from 2020 and beyond. This process is more sustainable than farming it on a plantation, as plant-based extracts are sourced from their natural environments. These ingredients, which include plants, flowers, fruit and vegetables, are also more potent when used in beauty products, which will resonate with skintellectual Millennials seeking high-performance formulas.
Alfred van der Zwaard
Zero-Waste, Socially Conscious
Brands are embracing the zero-waste, plastic-free and clean beauty movement. We’ve tracked a real shift towards all-natural ingredients and 100% biodegradable, recyclable and compostable packaging, including initiatives such as planting one tree in the Amazon rainforest for every product purchased. Brands are also looking to ‘waterless’ skincare and refillable packaging.
Plant-based beauty will be even more important than ever before. Consumers are demanding more ingredient transparency in the products they buy, and for brands this means providing honest, evidence-based information.
The skincare category will continue to be the biggest category and we’ll start to see more of a focus on science-based formulas or derma skincare brands emerging in 2020. Educated consumers are demanding products with high-performance actives. Fragrance is one area to watch. We’re already seen perfume houses offer new formats to apply scent via scented tattoos and pens, and in 2020 and beyond, innovations in this area will grow.
The way consumers buy beauty products is evolving. Beauty brands are embracing direct-to-consumer strategies, such as using pop-up shops to drive engagement and create immersive and discovery-led experiences. We have seen a whole host of beauty brands opening pop-ups this year and these stores are putting phygital elements into the spaces to appeal to beauty consumers. Local shops selling niche and local artisan products will become popular as homegrown brands become more appealing to conscious consumers.
Yves Saint Laurent
We’ve been tracking the rise of bio-tech ingredients since 2018, with brands adopting bioengineered ingredients. Combining nature with science can offer a more sustainable way to protect the environment. In 2020 and beyond, the emulation of biological forms, processes, patterns and systems will become an integral part of future product development, from self-cleaning products inspired by the ‘lotus effect’ to colour inspired by butterfly wings and beetle shells.