The beauty and skincare industry is a rapidly growing sector that shows no signs of slowing down, further fueled by a growing interest in sustainability and natural ingredients.
In this week’s Retail Spotlight, we’re focusing on this billion-dollar industry. According to GlobalData, the industry is projected to reach $2.1 billion by 2026, with consumer preferences shifting towards “clean-label” and “green” beauty.
Despite its dominance in the e-commerce industry, around 30% of consumers still prefer to purchase beauty products from physical stores. Therefore, we’ve identified some standout retailers who excel at providing a cohesive brand experience by integrating their digital and physical storefronts.