11 minutes

What Does the Metaverse Offer Beauty Brands?

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Other Contributors:
Marie Driscoll, CFA, Managing Director of Beauty and Luxury
Insight Report

What's Inside

The expanding metaverse is a key retail trend that Coresight Research is watching; it is still in its infancy and will likely continue to see rapid evolution over the next few years.

In this report, we outline strategic entry points for beauty brands to navigate a new and promising virtual reality. We cover reality technologies (AR/VR), virtual idols, NFTs (non-fungible tokens), digital twins and more.

This free report is brought to you in partnership with CEW—conversation leaders in the beauty industry and community.

Data in this report are:

  • Value of retail sales in the metaverse and virtual stores, 2022–2030E
  • Average age of metaverse game players vs. total game players

Companies mentioned in this report include: Cult&Rain, Kiehl’s, NYX Professional Makeup, Olaplex

Other relevant research:

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