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January 1, 2024
By: Melissa Meisel
The vibrancy of the indie beauty scene continues into 2024, with sales up 90% during the past year, according to Kline’s recently published Beauty Indies: U.S. Analysis of Brands to Watch in partnership with NielsenIQ. According to Leah Wisniewski, analyst, beauty and wellbeing, Kline, recent growth in the indie beauty sector has outpaced the total industry more than tenfold, which is a result of retailer support and brands’ purpose-driven efforts, accessible pricing and innovation that spans product development, brand messaging and digital marketing. The increased pace at which indies enter the marketplace comes with a caveat: their longevity. “The average lifespan of indie beauty brands has experienced a notable transformation in recent years,” said Wisniewski. “Previously, these brands would typically endure for around 20 years. However, this lifespan has been halved. This condensed runway presents both opportunities and challenges for indie brands—allowing certain brands to realize their success more quickly, while putting pressure on brands to demonstrate their competitive edge within a more restricted timeframe.” Innovations are seen across all beauty indie categories—from toiletries to hair care—and this is often what gets an indie brand off the ground and into the spotlight. But smaller cosmetics brands have had a financial shift from rapid brand growth as a goal in the past toward creating brands with longevity and stability. According to Eber Bodmer, vice president, marketing and communications, Independent Beauty Association, marketers should connect with their consumer on a personal level. Truly authentic and transparent brand messaging with formula clarity is also key to successful indie brand. “Marketers of these indie brands need to pull up a seat and speak with suppliers, formulators and product development teams,” said Bodmer. Read on to learn more about the latest indie beauty brands making Happi headlines. Each is primed to grow in the year ahead thanks to a founder’s unique talents and personal stories. They are placed in alphabetical order.
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