As was evident in other events that we spent considerable time at this year, including the 2019 Luxe Pack and MakeUp In shows and Cosmoprof Bologna, the undeniable focus was on Sustainable Packaging, with new advances and solutions announced seemingly in every aisle. Still, “packaging materials confusion” often reigns and, more than ever, it’s left to the suppliers to provide an insightful and accurate education.
Another leading trend is for CBD-related packaging, for non-psychoactive cosmetic purposes, with products ranging from skincare to makeup, including lipsticks, perfume, facial cream, moisturizers and shampoos.
No wonder these products are taking the industry by storm. According to Arturo Garcia, writing for born2invest.com, “Jefferies found that online search trends for ‘CBD beauty’ have increased by 370 percent within just the first two months of 2019. As they follow through with this, they estimated that the CBD beauty segment alone could reach $25 billion in the next ten years. Space will also eat up 15 percent of the market which used to be dominated by the traditional skincare market which currently sits at $167 billion.”
For more on the CBD market boom, please search BeautyPackaging.com for these online exclusives and others:
— Cannabis: The New Beauty Disrupter from Mylan Nguyen, Senior Analyst, Euromonitor International
— CBD Skincare Market on a High
— Talking Cosmetics Packaging with Neiman Marcus’s Ken Downing
When education in packaging and fast-growing sectors is more important than ever, Beauty Packaging continues to be the No. 1 industry resource, not only with our monthly publication, but with all of our entities, including our website, our trove of archived data, our twice-weekly newsletter, social channel information—and more.
Watch for our detailed review of Cosmoprof NA in our October issue—once we’ve also visited the Indie Beauty Show, MakeUp in NewYork, ADF&PCD and Luxe Pack Monaco! In the meantime, don’t miss Beauty Packaging’s Cosmoprof NA show-floor videos.
Jay Gorga and I hope to see you at at least one of these upcoming industry bellwethers—and look forward to hearing your thoughts.
We hope you enjoy this issue,