Another aspect of wellbeing which is under the spotlight nowadays concerns women’s health and empowerment. It is undeniable that this specific segment is leading to the rise of new products and brands, focusing on targets which were completely ignored by marketers and communication mangers till a few years ago. Once again, Cosmoprof acted as a forefront hub in developing new opportunities and analyzing new trends, and last March it presented a CosmoTalks session focusing on this issue: “Empowering Beauty: unlocking opportunities through the lens of women’s life stage health”. The panel discussion was moderated by Lauren O’Connell, Beauty Editor at Cosmopolitan Middle East magazine.
The international agency Euromonitor International played a crucial role in uncovering strategies for transforming beauty and wellness through a women’s health perspective, maximizing value for consumers, society, and business alike. Irina Barbalova, Global Lead Health & Beauty at Euromonitor International, highlighted how the arising interest in women’s health globally is leading to new opportunities for brands in solutions and treatments focusing on well-defined physiological body functions, supplements and dietary supports for women, and new tools influencing daily routine and behaviors. “Brands can play an important role as mediators and facilitators, nit just providing products but increasing awareness and education about women’s health and wellbeing”, she said. “There are still lots of underserved areas for women, such as intimate care, sexual wellness, mental health, or mood boosting fragrances. Women’s health must not be approached as an isolated segment, but it is strictly interlinked to other health issues such as stress, lack of sleep, anxiety, hair loss, scalp care”.
“Education is the key”, stated Hannah Samano, Founder & CEO at Unfabled, a UK platform for women’s health and wellness. “Social media, and specifically TikTok, drive lot of conversations on women’s health and wellness, but there is a lot of misinformation circulating on the web. Brands should adopt a community-centric approach, involving consumers directly in their strategy and gaining a highly engaged and trustful clients”.
“Brands must act as consultants: they need to be transparent, to improve confidence, to provide concrete and proper answers, and to help consumers feel more comfortable with their bodies. More than ever, brands are responsible for supporting and enhancing people's lives, especially empowering women by promoting self-acceptance, well-being, and authenticity. Through meaningful actions and inclusive communication, they can become true allies in helping individuals feel seen, heard, and valued in their everyday lives”, echoed Silvia Santinelli, Trade Marketing Manager at Jean Paul Mynè, taking part in the round table.
One of the biggest topics when exploring women’s health is menopause. 1 billion women are experiencing menopause globally, with 75 million in the US and 15.5 million in the UK, navigating a life transition that can last up to 15 years of a woman’s life. And every woman will enter menopause. 87% of women in menopause are feeling underserved, 66% of them cannot find what they need. Women in menopause spend 215% more than GenX consumers. “Today only 5% of women in menopause are feeling confident with themselves: this demonstrate how huge this market, and purposeful growth opportunity could be. Menopause is not a trend, it is a forever market”, highlighted Heather Jackson, GenM CEO & Co-Founder. “Having women live their best menopause is vital and can bring purposeful, commercial growth globally”. This is being delivered by GenM through the MTick, the universal and trusted symbol for menopause-friendly shopping. The MTick is helping women to search, source and shop for menopause solutions with confidence, ultimately empowering them to thrive.
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