Evereden, a mum and baby care brand, is expanding in Southeast Asia in 2024 to capture the Gen Alpha market. Evereden is bringing skincare, haircare, colour care, and sun care products to Southeast Asia, available in stores across Singapore, Malaysia, and Thailand through Sephora.
The brand has seen significant growth in its kids category, with a 150% year-over-year increase in direct-to-consumer sales and a 200% rise on Amazon. Mindy Zou, head of omnichannel growth at Evereden, highlighted that Gen Alpha is becoming a crucial customer base, with tweens and kids showing increased awareness and spending on beauty products. Evereden aims to offer high-quality, affordable skincare specifically designed for this demographic, positioning itself uniquely in the market. The brand also focuses on understanding Gen Alpha’s behaviors and preferences, leveraging platforms like YouTube to connect with this tech-savvy generation.
Gen Alpha Skincare Expansions
Evereden Expands to Southeast Asia in 2024 to Target Gen Alpha
Trend Themes
1. Gen Alpha Skincare Awareness - A growing awareness among tweens and kids about beauty products is shifting market dynamics.
2. E-commerce Surge - Exponential year-over-year growth in direct-to-consumer sales showcases the rising importance of e-commerce platforms.
3. Tech-savvy Marketing - Leveraging platforms like YouTube to engage a tech-savvy generation reveals new avenues for targeted marketing.
Industry Implications
1. Beauty and Personal Care - The expansion of skincare and beauty products designed specifically for Gen Alpha indicates significant market opportunities.
2. Retail and E-commerce - The notable rise in online sales, both direct-to-consumer and on platforms like Amazon, highlights a shift in purchasing behavior.
3. Digital Marketing - Utilizing social media and video platforms for brand connection opens up innovative strategies in digital marketing.