NIQ Beauty Buzz : Use global beauty trends to sculpt your strategy


NIQ Beauty Buzz : Use global beauty trends to sculpt your strategy

  • As inflation persists across global markets and shoppers adopt strategies to manage their wallet spend, the Beauty industry continues to outperform FMCG sales1.
  • To stay ahead in a competitive industry, CPG beauty brands can use market measurement to strategize around the trends driving the market.

The beauty landscape 

Globally, the beauty category’s value outpaced total FMCG sales in Q4, but intentions for future beauty spending vary.  

European consumers are tightening their belts the most, with a projected decrease in beauty spending2. This trend is mirrored by data from NIQ’s European panel, indicating a 4.0% decrease in volume per buyer3. In contrast, consumers in the Middle East and Africa are gearing up to invest more in personal care and beauty, with 35% and 28% respectively planning to up their spend in 20242

The beauty marketplace

Navigating the beauty marketplace requires a keen understanding of where and how to connect with shoppers. Europe is witnessing e-commerce growth at a pace 2.1 times faster than offline sales4, a trend echoed in both established and emerging e-commerce markets across APAC and LATAM. However, venturing into online sales isn’t a one-size-fits-all decision. Grasping the unique dynamics—from Amazon and DTC to TikTok Shop—is crucial for success regardless of geography.

Ready to learn more?

For more insights on global beauty trends, get the full report today.

The beauty consumer

There are multiple consumer trends driving growth within the global beauty industry and we could write a full blog post about each one (watch out for the next article in our series where we’ll discuss trends driving innovation within the beauty category).

Shoppers stated that “functionality” was their #1 reason for choosing a brand, and we are currently witnessing an increase of +50% in electric cosmetic devices1. In particular, those that increase the efficacy of skin care products are a big hit with beauty lovers.

Health and wellness is important for global consumers. Think everything from mental health, vitamins and minerals, better sleep quality to weight management and there are endless possibilities to tap in and connect with consumers here.

Sustainability has been on the agenda of beauty brands for some time now, and it’s not going anywhere. In fact, 70% of global consumers said sustainability is more important to them now than it was 2 years ago2.

What’s next in global beauty trends

There is no doubt that the path to success within the global beauty industry is through insightful understanding and capitalizing on the trends defining the market.

Ready to elevate your strategy by diving deeper into global beauty trends? Our Global Beauty Trends report is your compass. Sculpt your strategy by understanding the insights and embracing trends that will set you ahead of the competition.

Is your beauty business growing the right way?

At NIQ we pride ourselves on helping our clients identify strategic pathways to growth with a wide range of solutions to cover all needs.


1NielsenIQ Global QBN Q4 2023 vs Q4 2022 

2NielsenIQ Consumer Outlook 2024  

3NielsenIQ Consumer Panel EU7 (Italy, Germany, France, Spain, United Kingdom, Switzerland, Portugal). 

4NielsenIQ Omnisales | France, Germany, Span, Italy – WE 25.02.24 

5GfK Consumer Life 2023 | NielsenIQ The Balancing Act 2022  

6GfK Market Intelligence Sales Tracking Period : Jan-Dec 2023 Countries:  Global ex North America