Why the secondhand beauty industry is a 'risk not worth taking' in 2020

By Sarah Parsons 17-Feb-2020

A new and unregulated market is emerging in used cosmetics as consumers begin trading a new beauty commodity

Glambot has set different rules for reselling beauty products for industry employees and consumers

Sharing is an intrinsic part of how consumers enjoy beauty. Borrowing lipstick on a night out, trying new face masks on a girly night in, a spritz of a loved one’s cologne – to use someone else’s cosmetics, or to share your own, is a marker of intimacy and trust.

Sign up for your free email newsletter

But shoppers are now looking further afield than friends or family members in order to experiment with preloved products. Set to be a US$51bn industry by 2023, the secondhand market is attracting...

This is a small extract of the full article which is available ONLY to premium content subscribers. Subscribers sign-in (top right) to read the article.
Or
Subscribe now to premium content on Cosmetics Business

Companies