WGSN Big Ideas 2023 Beauty
WGSN Big Ideas 2023 Beauty
WGSN Big Ideas 2023 Beauty
Farmacy Beauty
Executive summary and methodology
Against a challenging economic, social and environmental backdrop, we Each January WGSN produces the Big Ideas series of reports (one for each
present five areas that will impact product development for beauty of our platforms – Fashion, Lifestyle & Interiors, Beauty, and Food & Drink),
businesses by 2023. The following pages explain these areas, explore the which highlight the industry-specific trends you need to know now, so you
opportunities they present, identify early adopter companies, and outline can start developing products and services that will resonate with
what you should do to succeed. The areas are: consumers in two yearsʼ time.
Push for Progress: the urgent need for inclusive and regenerative The five trends in our Big Ideas reports evolve from the broader themes
change will drive demand for proactive products and business practices explored in our two annual flagship forecasts – Future Innovations, which
that actively improve the world showcases the creative and cultural directions that will shape the next two
Embracing Frugality: long-lasting, reusable and circular products will years, and Future Drivers, which chronicles the social, economic and
political factors that will affect businesses in 2023. Big Ideas takes shape
gain importance as consumers look to save costs and reduce waste
alongside our Future Consumer forecast, which is published in January and
Mastering Wellbeing: with wellness now core to consumer priorities, outlines the key consumer profiles you will need to engage with over the
brands should explore hi-tech and lo-fi solutions that respond to mood
coming years.
and improve wellbeing
These reports are produced by WGSNʼs global team of experts and analysts,
Tech-ceptance: digitised design will go mainstream, opening up new ensuring they have broad relevance across all regional markets. Our trends
retail channels and boosting the importance of customisation and are validated by data, industry examples and our unique STEPIC
flexible design
methodology (encompassing developments in society, technology,
Intentional Community: emerging social and values-led networks will environment, politics, industry and creativity) so you can apply them with
become more influential on consumer purchasing decisions, and brands confidence to your product development.
will need to implement new strategies to reach these communities
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Overview
The ve need-to-know Big Ideas for 2023
The Halo Collective Live Tinted Superegg Opulus Beauty Labs 54 Thrones
The urgent need for ethical, Beauty consumers will Beauty and health will be Beauty consumersʼ Beauty communities and
inclusive and sustainable prioritise efficacy and one and the same, with newfound tech-ceptance customer collaboration will
change will drive consumers efficiency as they look to products and treatments will create ʻbeauty increasingly shape product
to seek proactive products make smart purchases that formulated to support moonshotsʼ in product development. Consumers
and business practices that donʼt harm the planet. The physical and mental design. Advances will focus will migrate to brands with
actively improve the world. skinimalism trend, which wellbeing. Cellular beauty on new bio-engineered shared values, which treat
Transparency will be non- champions simplified will combine science and ingredients and enhanced networks and co-creators
negotiable. skincare routines, will unite therapy. potency and delivery equitably.
frugality and sustainability methods.
in hybrid products.
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Push for Progress
In 2023 products will need to be t to function in a trading
environment where collective activism has increased and industry
practices are being continually challenged on environmental and
social grounds.
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Push for Progress: case studies
Brands must become activists, inspiring and helping consumers to do better
while creating an eco-optimist mindset that protects, celebrates and
supports humanity. Products that give back to the environment, rather than
just take less from it, will be expected, as regenerative design becomes the
norm. Businesses must protect the planet for future generations and the
future of beauty, too.
Kloraneʼs anti-pollution haircare line uses aquatic mint, which has an ability
to purify polluted freshwater. It means the shampoo does not contaminate
the water as it is rinsed away down the drain.
Dow has saved $500m thanks to its Valuing Nature goal, proving that
working with nature – not against it – delivers financial rewards.
Supply chain tracking technology will be essential for all businesses to
securely and efficiently prove their actions on a local and global platform.
This transformative approach to traceability will become the industry
blueprint, empowering brands to become more trusted in an increasingly
discerning society.
By 2023, the ʻrefillutionʼ will be in full effect, with ʻbottles for lifeʼ and
milkman-style delivery services becoming an easy and affordable everyday
habit, such as Meiyumeʼs new jar with removable inner cup, which allows Maison Made
the weighty outer jar to be refilled quickly.
Maison Made is the rst luxury skincare brand to be certi ed as biodynamic, through Demeter
Brands that stand for humanity will be the new leaders, setting a standard Association Inc. It limits production rather than manipulating crops and land to over-deliver
for the industryʼs accountability around its impact on the world. Financial
implications for brands that fall short will be commonplace, as investors
look to lend more positively. The Halo Collective is a newly founded group
fighting to end discrimination against Black hairstyles. Unilever is the first
company to commit to the groupʼs code, pledging to protect workers with
afros and dreadlocks. In 2023, brands that prioritise the protection of
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people and planet will see profit follow.
Embracing Frugality
Income insecurity and recession will have been experienced by
many by the time we reach 2023, leading consumers to reassess
their priorities and needs.
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