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Diving into the Diverse Underserved US Beauty Market: Insights Presented at the Inside Beauty Forum

Primary Analyst:
Marie Driscoll, CFA, Managing Director of Beauty and Luxury
Contributors
Primary Analyst:
Marie Driscoll, CFA, Managing Director of Beauty and Luxury
Event Presentation

What's Inside

In today’s evolving beauty industry, businesses must stay ahead of the curve and tap into emerging market segments. There is immense potential to capitalize on the current inclusivity zeitgeist and cater to previously underserved consumers.

On June 7, 2023, Coresight Research presented at the first annual Inside Beauty Forum, hosted by Drug Store News, on inclusivity in beauty.

In this presentation, we delve into five under-explored market segments: ethnic and multi-ethnic, Gen Z, women aged 50+, male beauty and adaptive beauty.

Data in this presentation include:

  • US beauty retail market size and growth, 2017–2027E
  • Trends in the US population (age, race)
  • Coresight Research proprietary survey data on US beauty shoppers’ recent spending and shopping habits and preferences

Companies mentioned in this presentation include: Apple, Lululemon, Nordstrom, Target, Walgreens

Other relevant research:

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