skininsider

What the skincare industry knows and does not tell you

Dispatch 6 August 2026Published by Northbank MediaNo affiliate links here
Manufacture

Why so many skincare products are nearly identical

Stock bases, semi bespoke formulas and a small pool of raw material suppliers make convergence structural rather than accidental. What that means for how you should compare products.

SectionManufacture
Reading9 min
Reviewed6 August 2026
EditorNorthbank Media
The short answer

Convergence in skincare has four structural causes. Contract manufacturers sell stock and semi bespoke bases that many brands adapt lightly. Raw material suppliers publish starting formulations that circulate widely. A relatively small number of suppliers serve the entire sector, so ingredient choices repeat. And regulatory limits, stability constraints and cost targets narrow the field of workable options. The result is that products at similar price points frequently resemble each other closely, which is a description of an industry, not an accusation against anyone in it.

Stock bases, semi bespoke formulas and a small pool of raw material suppliers make convergence structural rath
Stock bases, semi bespoke formulas and a small pool of raw material suppliers make convergence structural rath

Anyone who has read enough ingredient lists eventually notices something uncomfortable. Products from very different brands, at very different prices, with very different stories, are frequently built the same way. The same emulsifier systems. The same thickeners. The same actives at plausible levels. The same order, roughly, in the top half of the list. This is not a coincidence and it is not fraud. It is what happens when many companies solve the same problem with the same materials under the same rules.

Stock bases and the ladder above them

Contract manufacturers maintain libraries of proven bases: a light lotion, a rich cream, a gel serum, a cleansing milk. These exist because they work, because their stability is already known, and because they can be made on the existing plant without a new process. A brand can buy in at several rungs of a ladder.

The ladder from stock to bespoke
LevelWhat the brand changesTypical consequence
Private labelThe pack and the artwork onlyThe product exists under several names at once, legitimately and with nobody deceived
Stock base with a tweakFragrance, colour, one added activeThe product is genuinely different in one respect and identical in every other
Semi bespokeActive system, sensory profile, sometimes the emulsifierA distinctive product built on a known and de risked skeleton
Fully bespokeThe entire formula, developed from scratch to a briefSlower and more expensive, and still frequently drawing on the same materials

Each rung is legitimate. None of them is disclosed on the pack, and there is no requirement that any of them should be. A shopper cannot tell a private label product from a fully bespoke one by looking at it, which is precisely why the origin story does so much work in marketing.

The starting formulations that circulate

Raw material suppliers compete on ingredients, and the way you sell an ingredient to a formulator is to show it working. Suppliers therefore publish starting formulations: complete, competent, freely available recipes that place their material in a plausible finished product. These are technical marketing documents, and they are excellent.

They are also everywhere. When a new material becomes fashionable, dozens of brands approach it through the same handful of published starting points, adapt for cost and feel, and arrive in the same place. The convergence is not lazy. It is the rational response to a supplier having already solved the hard part.

A small pool of suppliers

Behind the entire sector sits a comparatively small group of speciality chemical companies producing emulsifiers, polymers, actives, preservatives and fragrance. A brand at any price point is buying from broadly the same pool. Materials that are genuinely restricted to one customer exist but are the exception, usually secured by paying for exclusivity for a period.

This is why the price of a product correlates so weakly with the cost of what is inside it. Two products can share most of their material inputs and differ by a large multiple at the till, because the difference is not in the drum. That is the subject of the economics of a moisturiser.

Who profits

Convergence and the price of the story

When products converge technically, the remaining points of difference are the pack, the narrative, the distribution and the price. Those are the levers marketing controls. So the more alike the contents become, the more is invested in everything except the contents.

That investment is real spending, and someone pays for it. It appears in the price of the product, alongside the retailer's margin and the cost of acquiring the customer.

  • Contract manufacturers. Sell proven bases repeatedly with development already amortised
  • Raw material suppliers. Set the direction of a whole category by publishing a starting formulation
  • Brands with strong narratives. Capture a premium that is not attributable to the formula
  • Shoppers who read ingredient lists. Can sometimes find the same construction for less, if they know what they are looking at

A description of a market structure. No claim is made about the composition, pricing or conduct of any specific product or company.

The constraints that narrow the field further

Even a formulator with no commercial pressure at all would arrive somewhere near their competitors, because the space of workable formulas is much smaller than the space of imaginable ones.

  • Regulatory limits. Restricted substances have maximum concentrations, and some are banned outright. The annexes to the retained cosmetics regulation define the field of play for everyone equally.
  • Stability. Only some combinations survive three years in a pack, and those combinations are well known.
  • Preservation. The list of permitted preservatives is finite and their working conditions are fixed by chemistry.
  • Sensory expectation. Shoppers reject products that feel wrong for their category, so texture is effectively specified by the market.
  • Cost. At any given retail price there is a narrow band of achievable material cost, and it excludes most of the interesting options.
TranslationLaunch copy, press releases, retailer product pages
Unlike anything else on the market
Permitted to mean

That the advertiser considers the product distinctive. Superlatives of this kind are frequently treated as obvious puffery, which is a category of claim that consumers are not expected to take literally and which is therefore not required to be substantiated.

If the phrase is presented as a specific factual comparison rather than as puffery, it becomes a comparative claim and does need evidence.

Does not mean

It does not mean the formula differs materially from competitors. It does not mean anybody has compared it to anything. It does not mean the base is bespoke, the actives unusual, or the manufacturing route different from the rest of the category.

What would have to be true

A version of this claim that meant something would identify the point of difference and the comparison set: a named technology, a stated concentration, a specific delivery system, a granted patent. Once that is stated, it can be tested. Which is why the strong versions of this claim are rare and the vague ones are everywhere.

The rule behind it. The CAP Code distinguishes objective claims, which must be substantiated, from obvious exaggeration that consumers are unlikely to take literally. Advertisers write to that line deliberately.

Why this is not the scandal it sounds like

It is worth resisting the pull towards outrage here, because the outrage would be misdirected. Convergence in a regulated manufacturing sector is a sign of maturity. It means the safe, stable, workable solutions have been found and are being used. Nobody is worse off because two lotions share an emulsifier system.

The problem is narrower and it is about information. Shoppers are invited to believe that price tracks formulation and that a story about a founder is evidence about a product. Neither is reliably true. Once you know that the technical distance between two products is often small, you can stop paying for distance that is not there, and you can also stop assuming that cheap means poor.

How to compare properly

The comparison that survives all of this is unglamorous and it is the only one you can actually run.

  • Compare ingredient lists, not stories. Order gives you a rough sense of proportion in the top half of the list. Its limits are set out in what INCI ordering does and does not tell you.
  • Compare pack format. An airless pump protects better than an open jar, and that is a real difference in what reaches your skin.
  • Compare price per unit volume, not price per pack, because pack sizes are chosen to frustrate exactly that comparison.
  • Compare over eight weeks on your own skin, one change at a time, which is the only trial whose result is about you.

That last one is worth more than everything else combined, and it is the one no brand can influence.

Questions people actually ask

Are expensive and cheap products often the same formula?

Identical formulas across price points do occur but should not be assumed. What is common is close similarity in construction, because the same materials, constraints and starting formulations are available to everyone.

Is private label the same as a dupe?

No. Private label describes a product supplied by a manufacturer to a brand that sells it under its own name. A dupe is a separately developed product intended to resemble another. They are different arrangements.

Does convergence mean brands are lying?

Not by itself. Using a stock base is legitimate and undisclosed by convention across the sector. It becomes a problem only when a brand actively asserts proprietary development that did not occur.

How can I tell if two products are similar?

Compare the full ingredient lists, particularly the order of the first eight or so entries, and compare pack format. This gives you a rough structural comparison, not a quantitative one.

Primary sources

Cited because they are public, stable and checkable. Read them rather than taking our word for any of this.

This is journalism about an industry. It is not medical, legal or regulatory advice. For a skin condition, see a clinician.

This article contains no commercial links. No affiliate links, no sponsored placements and no paid mentions appear anywhere on this site. No brand, manufacturer, retailer or agency is named in our editorial, and no company that pays us can appear in it. Published by Northbank Media.

The dispatch

One email a fortnight. A new translation, a mechanism explained, and what changed in the rules. No product recommendations, because we do not make any. No affiliate links, because we do not take commission. Unsubscribe in one click.

We use your address to send the dispatch and nothing else. See privacy. Sponsorship rates and limits are published on the newsletter page.