The last several years have been all about beauty marketers and retailers embracing digital. For good reason too, as e-commerce has been the fastest growing retail channel in the U.S. beauty market, advancing at a compound annual growth rate of 24% since 2009. In a turn of events, Kline observes the opposite occurring in 2014, as digital pure plays are increasingly expanding beyond the virtual world into the physical one.
Birchbox, the pioneer of online subscription sampling, opened its first physical store in New York City in 2014, followed by its first holiday pop-up shop for men later in the year. The firm has also teamed up with Gap to bring Birchbox to seven U.S. locations through pop-up shops.
In January 2014, Kline, a worldwide consulting and research firm serving needs of organizations in the lubricants and base stocks industry, introduced its monthly Base Stock Margin Index, a characterization of recent cash margin contributions in the U.S. base oil market over the past 24 months.
The Index estimates cash margin contributions associated with U.S. Group II base stock production. It simulates EBITDA before the deduction of corporate SG&A expenses for typical VGO-based virgin base stock plants and RFO-based re-refineries. A more detailed description of the Margin Index can be found in the January 2014 release.
The beauty industry came together at the Mandalay Bay Convention Center in Las Vegas last week for the annual Cosmoprof North America show. A highlight of the event was the first-ever Beauty Pitch, which allowed dozens of beauty entrepreneurs to present their brand to a expert panel of judges, including famed billionaire entrepreneur Mark Cuban and industry icon, CEO, and Co-Founder of John Paul Mitchell Systems, John Paul DeJoria. Beauty Pitch was such a success that it has already been added as a permanent fixture to future shows. Congratulations to this year’s winner, 100% Pure, which is a natural cosmetics brand.
Accounting for 40% of the global market, Asia-Pacific is the leading region for finished lubricant demand. Emphasis on fuel economy and a modern vehicle parc will drive the use of synthetics and other lighter viscosity grade lubricants for passenger car motor oil (PCMO) in the region. Capitalizing on this shift, China and Malaysia are integral to the strong performance of finished lubricants in the Asia-Pacific region, capturing about 45% of regional demand, according to the soon-to-be-published Global Lubricants: Market Analysis and Assessment report by global market research and management consulting firm, Kline.
In China, synthetic oils have grown at more than 10% annually since 2013. Mobil 1 from ExxonMobil is the best-known full synthetic product in China, and similar products from Shell and BP products are also very popular.
In 2015, the trend towards acquiring successful up-and-coming, innovative brands continues. Some of the most notable headlines in the beauty industry in recent months are about who is being acquired by whom. More importantly, these acquisitions feature a new generation of competition for the leading companies—indie brands. As noted by Carlotta Jacobson, President of CEW, at a recent CEW Newsmaker Forum, “These brands are the new newsmakers.” Many leading companies, like Unilever, are taking notice.
At $1.6 billion, the bio-pesticide segment of the market is still less than 5% of the global crop protection market, but is projected to increase its share over the next ten years. The main growth driver behind recent growth is the advent of microbial seed treatments on field crops such as corn, soybeans and cotton.
Driven in part by societal concerns and in part by regulations, the bio-pesticides market, once a domain of a niche specialty for organic fruit, greenhouse, and environmentally sensitive homeowner uses, is emerging to a much broader scope. In 2014, the market grows rapidly, posting double-digit growth, according to the recently published Global Biopesticides: An Overview of Natural and Microbial Pesticides report by global market research and consulting firm, Kline.
At $1.6 billion, the biopesticide segment of the market is still less than 5% of the global crop protection industry, but is projected to increase its share over the next 10 years. All countries are projected to grow in the double digits or high single digits during this period. The main driver behind current growth is the advent of microbial seed treatments on field crops, such as corn, soybeans, and cotton.
In the heart of Paris, next to the famous Arc de Triomphe, the Union of Ethical Biotrade (UEBT) organized the seventh edition of their annual conference entitled “The Beauty of Sourcing with Respect.” This year, the event was dedicated to the subject of biodiversity in the segment of beauty and personal care products. Gathering more than 150 people in the beautiful venue of Etoile Saint Honore, the participant list was very diverse and included representatives of beauty companies, government representatives from several countries, UN and European Commission, as well as raw ingredient producers, press, and many others.
All product categories and companies register growth on the market for industrial and institutional cleaning wipes that increases by over 5% in 2014. Several companies, such as market leader Clorox Professional Products or various smaller brands like Metrex Research or Spartan Chemical, are growing faster than the overall market growth, reveals the imminent Industrial and Institutional Wipes USA: Market Analysis and Opportunities report. This across the board uptake is due fact that end users view wipes as a convenient and effective way to clean their facilities.
This webinar will cover key insights from the following:
• A review of the North American market
• An overview of the commercial automotive lubricants segment in the United States
• A review of performance by different fleet segments
• An overview of product performance
• Market outlook