The ongoing COVID-19 pandemic has accelerated consumer demand for greener baby and toddler skin care, driving popularity of clean label, natural and organic, and vegan-certified products, says GlobalData.
The business magazine’s second annual list of Private Titans highlights 1,000 companies across industries that were once startups but have since grown in sales, employees, valuation and other indicators so as to standout in the private sector.
Private label beauty and personal care products are now high on the agenda of consumers, retailers and manufacturers, meaning national brands are facing strong competition, according to Michel Gutsatz from the brand strategy agency, Scriptorium Company.
Private label and added-value products promoting wellness and
beauty are expected to see future growth in Germany in 2005,
reports Euromonitor. More confident consumer spending is expected
as Germany shows signs of recovery after...