Beauty Industry

Beauty and Cosmetics

From Procurement to Packaging: 4 Ways Specification Management Supports Your Beauty Brand

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In an industry worth $532 billion, beauty companies have plenty of incentive to build a strong brand. In fact, one Nielsen study found that nearly 60 percent of all consumers prefer to buy products from brands with which they’re familiar. Companies can build this familiarity through their marketing, packaging, messaging, and product quality. In a…

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Beauty Manufacturing Specifications

Specification Data Management and the Beauty Industry: 4 Takeaways from Forrester Research

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Consumers are demanding more from beauty products than ever before. Especially with younger generations, there’s an increased emphasis on the importance of transparency, social responsibility, and sustainability. Added to this are the ongoing and rapidly-increasing challenges of cosmetic industry changes and innovations seen by all suppliers and producers.  Beauty companies who understand the need to…

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Exploring the Relationship Between Specification Data Management™ and Quality Assurance in the Beauty Industry

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The global beauty industry was estimated at $532 billion just two years ago and is expected to increase to over $800 billion by 2023, according to market research. This represents a Compound Annual Growth Rate (CAGR) of over 7.1% between 2018 to 2023. New trends are driving change in the category, such as the entry…

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