Essential insights into how inflation impacts consumer decisions and sentiment in the cosmetics sector
Understanding consumer sentiment in the face of inflation is crucial for making informed business decisions. In the latest report by Revuze, created for CEW, we delve into the effects of inflation on the US beauty industry, examining consumer reviews from 2022 to 2024.
This comprehensive analysis covers four main product categories: Nail, Eye, Lip, and Face. Data was gathered from 15 top US websites, including Amazon, Sephora, Ulta, Macy’s and Nordstrom, to provide a detailed overview of how inflation and price sensitivity influence consumer behavior.