The beauty and wellness consumer goods industry is driven by discretionary consumer spending, which was propped up by pandemic-driven government monetary support. The result was an increase in overall consumer spending of 8.6% from '21-'22. 

As we approach the midyear point, consumers have slowed their discretionary spending as inflation and rising rates take a bite out of spending power. While seeing declines in revenue thanks to the consumer pullback, a bright spot is margins are holding steady in the face of increased competition and higher input costs.

The attached Industry Update looks at the beauty and wellness consumer goods' headline transactions, Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITA) margins, revenue growth, and more.

Read More
 

For more information, please reach out to project leads Kathleen Lauster, CFA, and Matthew Lapish

^{© Copyright 2023. The views expressed herein are those of the author(s) and not necessarily the views of Ankura Consulting Group, LLC., its management, its subsidiaries, its affiliates, or its other professionals. Ankura is not a law firm and cannot provide legal advice.}