Look at any growing industry, and you’ll soon find new entrants wanting to cash in on its rise. So, it’s not surprising that a young brand called Jolie wants to do exactly that with the beauty and wellness sector.
The U.S. skincare industry will see 12.6% retail sales growth in 2023, according to a recent Insider Intelligence prediction. What’s more, Insider Intelligence forecasts that U.S. cosmetics and beauty retail sales will grow by 10.1% this year, and that U.S. health and personal care sales growth more broadly will grow by 8.5%.
But Jolie doesn’t sell products such as face wash or mascara. Instead, it sells shower heads.