In an industry that sometimes moves at the speed of TikTok, brands compete on speed to market, chasing often elusive viral moments. The barrier to entry has never been lower when it comes to launching a beauty brand. Platforms, stock formulations, and turnkey solutions have emerged, reengineering the process of bringing beauty and wellness products to market, often a pain point for young brands.
There’s a reason so many brands and products feel the same—because they are. While they have this time and place, private-label products will only get you so far in a landscape that has never been more crowded or competitive.
Product development in the beauty and wellness category is one part science and one part art form, with success emerging at the intersection of left-brain analytical and methodical thinking and right-brain creative thinking. For today's breakthrough brands, product development sits at the heart of the business. Next-gen innovation in formulation, technologies, and textures provides unlimited possibilities limited only by the imagination.
The 2023 NEXT Awards finalists in product innovation all share one common denominator: these brands break through the noise with product innovation that rewrites the rules and forward-thinking products that challenge the tried and true.
Our judges were chosen for their depth of experience, from beauty pros to product developers and seasoned merchants. They evaluated 170+ submissions across categories using the following criteria:
The Judges
INNOVATION - PRODUCT: Recognizes innovation in a finished product launched to market related to either formulation, delivery system, new format type, use of technology or sustainability.
Best Breakthrough Product (Bodycare)
Best Breakthrough Product (Color Cosmetics)
Best Breakthrough Product (Fragrance)
Best Breakthrough Product (Haircare)
Best Breakthrough Product (Men's)
Best Breakthrough Product (Personal Care)
Best Breakthrough Product (Skincare)
Best Breakthrough Product (Tools)
Best Breakthrough Product (Wellness)
Winners will be announced on October 26, 2023, at the BeautyMatter NEXT Summit: The Future of Beauty in Los Angeles, CA. Find out more here.