Industry publications dubbed CES a key destination for beauty brands in 2019 — but while beauty tech was on display at the event in abundance, most of what was showcased is, frankly, already familiar to beauty insiders.
Simplehuman, the company that turned the trash industry upside down, is now looking to claim a bigger stake of the $1.1 billion beauty accessory business, as tracked by Statista.
Founded by Frank Yang in 2000, Simplehuman morphed even the most prosaic household items into technology marvels such as a garbage can that opens on command or sensor soap pumps for the home. By innovating household products, the company has amassed annual sales of $220 million.
Estee Lauder’s Origins line is the latest big-name company to join the cannabis beauty market with the launch of a brand-new celadon face mask containing hemp-derived cannabis oil.
“There's no escaping the fact that the millennial generation's coming of age has had a ripple effect on consumer habits as we once knew them. No industry was spared, and all businesses had to adjust the way they market to people.”