We all enjoy looking out of the box and being complimented for special occasions which leads us to visiting a beautician. However, these services until recently were mostly reserved for the rich and influential and today since it is available for everyone, irrespective of their social status has gone on to become a 532 billion dollar market that is predicted to grow at a CAGR (compounded annual growth rate) of five to seven percent and earn revenues of around 800 billion dollars by the year 2025. So, the question worth asking is what are the revolutionary trends in the beauty industry that have actually helped it achieve such high numbers, after all? Well, to answer the same, we have listed the major revolutionary trends in the beauty industry below. Revolutionary Trends in Beauty Industry #1 Artificial Intelligence This is the first trend to have taken the world of beauty by storm. The beauty industry makes use of methods like artificial intelligence in order to provide a personalized experience to the customers. The customer simply needs to answer a few questions, and as soon as they complete this step, they are provided with a range of products that match their requirements and choose the appropriate one. #2 Virtual Try-On Apps This is the second revolutionary trend to have taken the beauty industry and customers by awe. It utilizes software like image recognition and face tracking to help the customers locate the cosmetics appropriate for their skin on a whole #3 On-Demand Beauty Services Today since people all over the world have an altogether busy and hectic life, it but becomes difficult for them to visit a beautician. Thus to help them receive the beauty services at the comfort of their house, a revolutionary like the on demand beauty services have entered the market to connect customers with beauticians nearest to them and assist them in receiving personalized beauty services at the comfort of their houses #4 Smart Skincare Tools Finally, a revolutionary trend to have helped the customers at large to take care of their skin and protect it is the smart skincare tools that assist them in detecting their wrinkles, pores, fine lines, etc. and take appropriate actions. Concluding, these revolutionary trends have gone on to make the beauty industry become a 800 billion dollar valued market and an industry that would gain maximum customers and profits in the years to come.
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