Beauty Treatments in 2030

There are likely to be very significant developments in the beauty treatments sector between now and 2030. 

18 November 2024
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We are sharing four elements of the Shaping Tomorrow platform: 

• An introductory Narrative

• An overview of twelve trends

• One more detailed perspective

• A Shaping Tomorrow Futures Card

Each of these has been in less than a minute.

Transformative Trends in the Beauty Industry

• The beauty industry is rapidly evolving with technological advancements shaping its future.

• An additional 600 million consumers are expected to enter the beauty sector by 2030. (Moodie Davitt Report)

By 2030, an additional 600 million consumers are anticipated to enter the beauty sector, indicating a sustained demand for beauty products. The Moodie Davitt Report highlights the sector's growth potential, while studies show technology, particularly Artificial Intelligence (AI) and biotechnology, playing a pivotal role in reshaping the industry in 2023 and beyond. As highlighted by Harper's BAZAAR, AI is set to enhance the efficiency and efficacy of beauty innovations, further corroborated by the CosmeticsDesign.com report on Biotechnology in beauty.

This technological intersection is also paving the way for innovative product offerings, with personalized beauty solutions becoming more prevalent. An advancement discussed in Essence shows expectations for a seamless blend between virtual and real beauty experiences in 2024. The upward trend is supported by TheIndustry.beauty, which emphasizes the importance of data-driven personalization and Generative AI in transforming consumer experiences.

Clean beauty's convergence with clinical efficacy is another significant trend expected by 2025, as seen in reports from Reviva Labs. This highlights a growing consumer demand for transparency and sustainability, underscoring National Logistics Services insights on beauty manufacturing's shift towards profitability and sustainability. Moreover, virtual beauty consultations are expected to soar by 2025, indicating a digital transformation in salon engagement, as outlined by Scottmax.com.

Trends

Emerging Skincare Trends and Growth Prospects

The skincare industry is on the brink of significant transformations and growth in the coming years, driven by evolving consumer demands and technological advancements. By 2025, probiotic skincare will become more mainstream, highlighting the importance of maintaining a balanced skin microbiome as emphasized by Reviva Labs. Simultaneously, there's an anticipated synergy between clean beauty and clinical efficacy, further aligning with sustainability goals and consumer preferences.

In 2024, personalization within skincare is expected to soar, particularly aided by AI advancements. News18 states that products catering to individual microbiome profiles will see a surge. An inside-out approach, including the rise of edible skincare, is emerging as well, as highlighted by the Sunday Tribune.

Looking ahead, the global skincare sector is poised for expansion. The Market Data Forecast predicts growth propelled by increased consumer awareness and access to diverse brands, especially in the Asia Pacific region. By 2030, the industry could witness a valuation exceeding $1000 billion, supported by a projected 4.4% average growth rate mentioned by SWOT Wizard. Furthermore, specialized areas like acne treatments and facial moisturizers are anticipated to grow significantly, as noted by Cosmetics Design.

A Shaping Tomorrow Futures Card

Our futures cards provide a consistent structure for a brief presentation of selected future topics - Every card created by a single click. 

We've shared these to keep you updated about the selection of formats available to you and your organization.

Stay curious,

Matthew Richardson

CEO, Shaping Tomorrow