The New Age of Cosmetics

The 1950s were a time of new fashions and trends. Hosiery was being made from nylon versus silk, making it more accessible to the average consumer. It was a time when makeup was very popular and red lips and dark eyes was the staple look. Women weren’t so concerned with anti-aging; they were more focused on outer beauty. But wow have times changed, and for the cosmeceutical industry, this change is good. According to IBISWorld, cosmeceuticals are forecasted to grow 7.7 percent; and by 2011, the market is projected to hit $4 billion. As botanicals, extracts and paraben-free sunscreens become more common in cosmeceutical formulations, consumers’ cosmetic interests will shift and the industry will continue to grow. It’s a great time to be in the cosmeceutical industry.