MarketLine Blog

Posts about Cosmetics

Canopy Growth acquires This Works: Entry into skincare market will pay dividend

MarketLine

This Works was created in 2003 by Beauty Director of Vogue UK and International journalist Kathy Phillips, and has since established an international footprint and become a notable player within the health and beauty industry. The company is headquartered in London and develops products high-quality natural skincare and sleep solutions, which have garnered a loyal following over the years and propelled the company to success. Canopy Growth purchased This Works for £43m ($57.3m) in an all-cash transaction, highlighting the value it sees in the brand. This Works is an ingenious… Read more

Selfie generation: Refashioning make-up market

MarketLine

The global make-up industry grew by a record 8.4% in 2016 and was the main growth driver for the cosmetics market worldwide. The range of make-up products is endless, and some product categories, in particular those highly popular with the generation of Millennials, (i.e. concealers, illuminating highlighters, lipsticks) are booming. These hyper-connected customers are young, have a strong purchasing power, new ideas about beauty, and are also very keen to spend money on beauty products. While clothing and department stores are increasingly closing their physical locations, not being able to… Read more

Nude Makeup: Makeup is the new natural look

MarketLine

Historically, makeup was seen as a thing only used by grownups, however makeup being used by younger demographics is a growing trend. Trends now focus on teaching younger individuals how to use makeup with a recent quote suggesting that ‘nude makeup is the new natural’. Children are now being brought up to believe that makeup is natural and needed in order for them to look good. TV shows such as Toddlers and Tiaras further glamorize the use of makeup on children. Younger individuals using makeup has stimulated the appearance of… Read more