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Amazing Insights

Data-driven intelligence on the evolving Multicultural Beauty market.

Featured Report

BLACK BEAUTY FORWARD

REALITY CHECK

SPENDING IS DOWN

BEHAVIOR IS SHIFTING

CONSUMERS AREN'T QUITTING BEAUTY... THEY'RE REDEFINING IT.

The Big Shift

37%

of consumers spent LESS on beauty

28%

Only spent more

-9%

Net change (lowest since 2020)

This isn't a decline in interest.. It's a shift toward smarter spending

What Consumers Are Doing

Consumers aren't abandoning beauty, they're adapting:

  • Switching to affordable brands
  • Simplifying routines
  • Choosing value over excess
35%didn't change spending — A stable, loyal core still exists

Where Money is Moving

Not all channels are losing

+48%
SEPHORA
+42%
Amazon
+48%
Services
-33%
Salons

The Retail Reality

64%still shop at Walmart
51%use Amazon

Consumers want:

  • ✓ Convenience
  • ✓ Better pricing
  • ✓ Easy access

Omnichannel isn't optional anymore, it's survival

The Unexpected Twist

Even high-income consumers are cutting back:

-6%
Spending
-5%
Units

Luxury mindset is changing

"Is it worth it?" matters more than ever

What Winning Brands Will Do

Winning brands will:

  • 1Balance premium + value
  • 2Focus on bundles & smart pricing
  • 3Win on convenience + accessibility

Want to Learn More?

Connect with Us: Info@SSIConsults.com

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