The upper respiratory self care market is crowded with many brands, ingredients, claims, and offers. Walking down the cold and allergy aisles of retail stores can make consumers dizzy from the assortment and sheer number of products on shelves, each making similar but not exactly the same claims. This makes the cold and allergy aisle a complex section for consumers to navigate. Much of this complexity is rooted in the fact that colds, the flu, and allergies all affect the upper respiratory system—yet each condition has symptoms that set it apart, as well as symptoms that overlap with each other.
In 2014, global demand for finished lubricants is estimated at 39.4 million tons, a marginal decline from 2013. Automotive lubricants account for over 50% of the total demand, with industrial products and greases accounting for the balance. Asia-Pacific is the largest lubricant-consuming region, accounting for over 40% of global demand, compared to North America, which accounts for just 22%.
Passenger car motor oils (PCMO) are defined by their quality specifications, viscosity, and, from a labeling point of view, the basestocks used to blend the product.
In January 2014, Kline & Company, 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.
In an interview, Kline’s beauty experts reveal some insights from the new Beauty’s Most Buyable Brands: Analysis of Booming Independent Brands in the United States report that focuses on independent beauty brands.
Q: Why is the subject of independent or “indie” brands so relevant?
A: Indie brands have been making headlines in the industry as they pose a challenge and threat to the large cosmetics giants. In fact, this subject is so relevant that a first-ever expo dedicated to independent brands was held in New York City last month.
Join Anuj Kumar, Project Manager of Kline’s Energy Practice as he presents insights and observations from Kline’s recently published Global Lubricant Basestock: Market Analysis and Opportunities report in a complimentary webinar on Wednesday October 7, 2015 at 9 AM EDT.
A quick Google search of the term “sexual wellness” brings a deluge of information, with two of the top three posts from Walgreens and Amazon showing how prevalent this category is within the health and wellness category. It should not come as a surprise that individuals now more than ever are taking care of their sexual wellness in more ways than one. With new products popping up in local grocery store aisles from personal lubricants to nutritional supplements, Kline is seeing growth trends for sexual wellness and feminine products. For example, nutritional supplements for sexual enhancement/performance are up 6.8% from 2013 to 2014, according to Kline’s recently published Sexual Wellness: U.S. Market Analysis and Opportunities study.
The professional food service cleaning products market has seen an increase in food sanitation regulations, with sanitizing and disinfecting food preparation areas and kitchen wares a primary concern for end users. According to the latest published edition of Food Service Cleaning Products: U.S. Market Analysis and Opportunities report, full-service restaurants represent over 40% of consumption of food service cleaning products in 2013. However, fast-casual restaurants post double the amount of growth because of new fast-casual restaurants opening. This includes restaurants such as Panera Bread, Chipotle, Chili’s, and TGIFriday’s.
Over the last several years, the beauty retailing environment has experienced a revolutionary transformation, with the rise of new technology, innovation, and more knowledgeable and savvy omni-channel consumers.
No longer are consumers drawn to retail stores with knowledgeable salespeople, sample products, and promotions, as these benefits can all be enjoyed from home—either through e-commerce, or television. Convenience becomes the most important attribute in beauty retailing as growth of e-commerce continues to outshine any other beauty retail venue, increasing nearly 20% in 2014. Television shopping also continues to grow well above the industry average, at approximately 10% in 2014.
Acquisition activity has greatly altered the landscape of the global professional beauty industry in the past few years. L’Oréal is now the clear leader and only major player to have a leadership role in all three sectors of professional beauty: hair care, skin care, and nail care. The company has long held the #1 spot in the hair sector. With its acquisitions of SkinCeuticals (2005) and Essie (2010), L’Oréal landed a slot among the top 10 in skin care and nail care, respectively. Adding Decléor and Carita to its portfolio in 2014 propelled L’Oréal to the #1 ranking in skin care. The #1 spot is now firmly taken, but rankings beyond that are very much up for grabs.
The U.S. market for professional laundry chemical products is a mature market with increased supplier consolidation, characterized as having a small number of large customers that have high service requirements and a considerable number of small to medium-sized end users. Margins are tight in this business, and end user consolidation continues to be a factor in suppliers’ need to maintain and retain their customers. Therefore, understanding the needs of end users is paramount.