Weekly Beauty Tech Review: Innovations in the Cosmetics Industry (12/09/24)

a teenager using a smartphone

The beauty industry is advancing rapidly, driven by technological innovations, sustainability efforts, and a growing emphasis on personalization. This week, we highlight three pivotal developments shaping the landscape:

Consumer Interest in Longevity and Wellness to Drive Growth in Personalization and Beauty Tech

Recent insights from Mintel reveal that the demand for hyper-personalized beauty solutions is surging, fueled by consumer interest in longevity and wellness. Innovations like AI-powered diagnostics, iPS cell-based skincare, and cellular longevity research are leading this transformation. Technological advancements are enabling brands to cater to specific skin needs with biocompatible formulations, while initiatives like longitudinal studies by L’Oréal and Verily are redefining skin health research. The focus on prevention over repair underscores the role of advanced imaging and diagnostic tools in this space.

Source: Cosmetics Design Asia

Benefit Launches First-Ever Virtual 3D Shopping Experience

Benefit Cosmetics has entered the virtual commerce space with “The Benemart,” a gamified 3D shopping experience developed with Obsess. Available in multiple countries, the platform lets users shop as avatars, play games, and take part in interactive activities like scavenger hunts and product quizzes. This initiative aligns with the growing trend of merging gaming and retail, appealing to younger, digital-savvy consumers. The immersive experience bridges physical and digital retail, demonstrating how beauty brands can innovate to captivate their audiences.

Source: Cosmetics Business

TikTok Bans Beauty Filters for Teenagers to Foster Authenticity

TikTok is taking a significant step to protect young users by banning beauty filters for teenagers. This move follows the release of the “Unfiltered” report, which highlights the negative impact of these filters on self-esteem. While fun effects like animal filters remain unaffected, the initiative promotes authenticity and aims to reduce body image issues among teens. The platform is also implementing stricter controls for underage users, including enhanced moderation to detect and manage accounts of users below 13 years.

Source: Cosmetics Business