On our ongoing journey to discover the gems of the beauty devices market, we continue to be amazed by the multitude of players that exist and the innovative approaches they constantly bring to their products. Many new, creative, and price-accessible devices launched in the market in 2014, contributing to its record-breaking growth of nearly 15% globally, with China being on top of the chart.
Over the last few years, the market for janitorial cleaning products in Europe has been showing unstable results, moving from a declining to flat performance. However, according to Kline’s soon to be published study Janitorial Cleaning Products in Europe: Market Analysis and Opportunities, the country markets of Germany, the United Kingdom, France, Italy, and Spain show an overall growth of 1.6% in 2014. Factors include changing end-user preferences, individual product type characteristics, and the performance of end-use applications and contribute to the market’s growth.
I did not really know what to expect from Cosmoprof Asia. I was invited there as a speaker to talk about two out of many beauty market segments that Kline analyzes: natural personal care and professional nail care. During my two-day visit to the show, I came to realize that it differed in many ways from other shows I’ve attended.
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.
As recently discussed in a previous blog, acquisitions are constantly reshaping the global professional beauty landscape. Coty’s $1 billion acquisition of the personal care and beauty division of Hypermarcas is the latest move to shake things up, giving Coty an even stronger position in professional beauty, particularly in Brazil.
Coty has eyed Brazil since at least 2012, when the company made an unsolicited bid to acquire Avon, which had Brazil as its largest market. The company also failed multiple times at acquiring Brazil’s direct seller Jequiti. Coty finally made some inroads in 2013 by establishing a joint-venture with Frajo, a local Brazilian cosmetics distributor, but still desired a more potent move.
Join Joe Prochaska, Project Manager in Kline’s Agriculture/Specialty Pesticides practice as he presents insights and observations from Kline’s recently published Leading Distributors in the U.S. Crop Protection Industry: A Strategic Market Analysis and Crop Protection In-season Market Update: U.S. Market Analysis reports.
The webinar will take place on Wednesday, November 18, 2015 at 9:30 AM EST|2:30 PM GMT
Join Milind Phadke, Director in Kline’s Energy/Petroleum practice as he presents insights and observations from Kline’s recently published Global Lubricant Additives: Market Analysis and Opportunities report.
The webinar will take place on Tuesday, November 17, 2015 at 9:00 AM EST| 2:00 PM GMT.
The International Spa Association (ISPA) held its annual conference on October 19-21 at the Mandalay Bay in Las Vegas. Professionals from all spa industry sectors gathered to connect with each other, gain insight and inspiration, as well as to celebrate the industry’s continued growth. Over 220 companies offering the latest spa products and services available on the market were present while the theme for this year’s conference was ”explore,” with many seminars focusing around the idea.
Innovation, drive, technology, and profitability were common threads at the ISSA Interclean North American show in Las Vegas, NV, in October. Guest speaker Kevin O’Leary, also known as “Mr. Wonderful” from ABC’s hit television show Shark Tank, spoke to a large audience about these four themes and how they apply to the current economy. O’Leary also spoke about how companies that exhibited and attended ISSA can apply these ideas to their current business, noting that in the past, only two out of eight companies become profitable, but now, due to high visibility shows like Shark Tank, the secret ingredient to becoming profitable is managing the cost of customer acquisition.
In contrast to the U.S. FDA, regulatory agencies outside the United States have been much more aggressive in approving switches for conditions outside the typical OTC paradigm. The United Kingdom in particular takes pride in being at the forefront of switching. U.K. Pharmacy Minister Earl Howe has continually stressed that increasing patient choice by making more medicines available without a prescription is a priority for the British government. When speaking at the Proprietary Association of Great Britain conference in London on July 5, 2012, he stated, “The United Kingdom leads the world in the range of products available without a prescription—but more can always be done.”