Impacts of COVID-19 on the natural ingredients for cosmetics market
Not a homogenous impact within the cosmetics industry: The coronavirus pandemic has forced nearly one-third of the world’s population into lockdown. During this time, consumer demand for cosmetics has decreased in general. However, if you take a closer look within the segments some are booming! While decorative cosmetics experienced a dip in demand, essential oils, hygiene and skin care segments are thriving as consumers try to improve their immunity. But what are the impacts of the COVID-19 on the natural ingredients for cosmetics market? In Europe, where the COVID 19 outbreak has made most of the victims in March [Read more]