To succeed in the beauty sector and retail in general, customer connection is becoming increasingly important. Nailtopia invites customers to interact by serving as a sounding board for new launches. Known as Nailtopia Mavens, these customers test products and provide feedback — good or bad — to help the team at the nail care company get direct, unfiltered opinions on everything from colors to brushes to ease of use.
The leadership team at Nailtopia looks at every option when it comes to providing a clean solution, including packaging. They recently launched a bio-degradable cap for their nail colors that is compostable. Furthermore, the manufacturers that produce the products recycle their fumes, so they are not released into the environment. Even their displays in Ulta are all wood to minimize the use of plastics. According to the company, Nailtopia polishes are freshly made in the USA, are 100% vegan, cruelty free, Leaping Bunny approved, and PETA certified.
Companies that value environmental responsibility and sustainability are not a fad or passing trend. The cosmetic products market size was valued at USD 388.2 billion in 2020 and is projected to reach USD 468 billion by 2028, growing at a CAGR of 5.8% from 2021 to 2028.3 The global cruelty-free cosmetics market size was 6249.3 million USD in 2020 and is projected to reach 7919.4 million USD in 2027, growing at a CAGR of 3.4% during 2021-2027.4 Communicating this commitment to consumers, and demonstrating it effectively through ingredient choices, packaging, and displays, will fuel long-term brand loyalty and sales growth.
1Linkage Research’s Free From Market Monitor, February 2021, data on 474 past-year cosmetics buyers
2Linkage Research’s Free From Market Monitor, February 2021 and April 2021, data on 905 past-year cosmetics buyers
3Verified Market Research, Global Cosmetic Products Market Size By Product, By Form, By Application, By Distribution Channel, By Geographic Scope and Forecast, July 2021.
4360 Research Reports, Global Cruelty-Free Cosmetics Market Report, History and Forecast 2016-2027, Breakdown Data By Manufacturers, Key Regions, Types And Application, June 9, 2021