The Future of Skincare: Trends & Predictions
With more time spent indoors and increased screen time, people have become more aware of the effects of environmental stressors and pollution on their skin. The growing interest of people in clean beauty and natural products has led to a surge in demand for organic or herbal skincare products. CBD, or cannabidiol, has also become increasingly popular in the skincare industry in recent years. In addition, technological advancements in skincare have opened new possibilities for consumers, allowing them to achieve better results and address specific skin concerns with greater precision.
Skincare has always been an essential aspect of our daily routine, but the COVID-19 pandemic has highlighted its importance even more. With more time spent indoors and increased screen time, people have become more aware of the effects of environmental stressors and pollution on their skin. The demand for skincare products has skyrocketed, and market players are launching novel products to cater to the rising demand for organic or herbal skincare. In this blog, we will explore some of the new developments in the skincare market that are set to revolutionize the way we care for our skin.
The Current Skincare Market
As per a report by Research Dive, the global skincare market is expected to grow at a CAGR of 6.7% from 2022 to 2031. The market is driven by several factors, including rising disposable income, increased awareness about skincare, and the availability of a wide range of products for different skin types and concerns. The growing interest in clean beauty and natural products has led to a surge in demand for organic or herbal skincare products.
Herbal and Organic Skincare
The use of herbal and organic ingredients in skincare products has become increasingly popular in recent years. Consumers are becoming more aware of the harmful effects of synthetic chemicals in skincare products, which has led to a growing demand for natural and organic alternatives. Herbal skincare products are made from natural plant extracts and are free from harmful chemicals, making them ideal for people with sensitive skin. Organic skincare products are made from organically grown ingredients and do not contain synthetic chemicals, making them eco-friendly and safe for the skin.
Ayurveda, the ancient Indian system of medicine, is gaining popularity amongst today's beauty enthusiasts for its emphasis on holistic wellness and natural ingredients. Many consumers are turning to Ayurvedic skincare products as an alternative to synthetic and chemical-based products, seeking pure and natural alternatives that are gentle on their skin.
In April 2022, the Shahnaz Husain Group, one of India's leading herbal beauty & skincare brands, launched a luxurious premium range of Ayurvedic skincare products to cater to this growing demand. The range comprises of four premium formulations - Shamla Premium, Shatone Premium, Shylocks Premium, and Sharose Premium.
CBD, or cannabidiol, has become increasingly popular in the skincare industry in recent years. This compound is derived from the hemp plant and has many therapeutic properties, including anti-inflammatory and antioxidant effects. CBD skincare products are known to reduce redness, soothe irritated skin, and promote overall skin health.
The use of CBD in skincare products has become greatly popular in recent years, and many companies are launching new products that contain this ingredient. For instance, Avon, an American-British multinational cosmetics, skin care, fragrance and personal care company, launched its first CBD skincare product, 'Green Goddess', in January 2020. This facial oil is infused with CBD and contains a range of natural ingredients such as sunflower and jojoba seed oils, hemp, turmeric, and squalene oil. The launch of this product demonstrates how even established brands are embracing the trend towards natural and organic skincare, and incorporating ingredients like CBD into their formulations
The Future of Skincare: How Technology is Changing the Game
Advancements in technology have undoubtedly had a significant impact on the skincare industry, with innovative devices such as LED light therapy masks and micro-needling devices becoming increasingly popular among consumers. These devices offer a more advanced and targeted approach to skincare, allowing users to address specific skin concerns and achieve better results.
LED light therapy masks use different colors of light to penetrate the skin at different depths, targeting specific skin concerns. Moreover, micro-needling devices, on the other hand, create tiny punctures in the skin, promoting collagen production and improving skin texture.
These technological advancements in skincare have opened new possibilities for consumers, allowing them to achieve better results and address specific skin concerns with greater precision. As the skincare industry continues to evolve, it is likely that we will see even more advanced and innovative devices and techniques being developed to meet the growing demand for effective and targeted skincare solutions. In a nutshell, the skincare industry is evolving rapidly, and new developments are set to revolutionize the way we care for our skin.
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