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22 May

Data Provider Circana Breaks Down The Beauty Industry’s Growth

Data Provider Circana Breaks Down The Beauty Industry’s Growth
“It’s very nice to be speaking with an industry that’s growing,” said Circana’s president of thought leadership, Don Unser. After tracking declines in unit — and in certain cases, dollar — sales across several consumer goods sectors, beauty and its cross-channel resilience is a “glad place” for him, he quipped. “You're the one industry that has been growing by each units and dollars,” said Unser, while Circana’s vp of beauty, Larissa Jensen, added: “Whenever you take a look at the whole industry, inclusive of mass and prestige, it’s a really healthy market — it’s up 13 percent.” While the industry’s performance overall is promising, the expansion of prestige beauty particularly — which is up in each unit sales and dollar sales,...
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