The professional hair care appliance market continues to grow steadily in the United States, at about 3%, driven by new innovations, players, and ways of thinking in all categories.
In 2016, Dyson, a manufacturer known for its vacuums, shocks the professional hair dryer market by launching a new hair dryer that borrowed technology from its vacuums to change the way stylists and consumers dry hair. The Supersonic dryer took six years to develop, is quieter than most hair dryers on the market, and is unique in the way the air comes out through an open-ended sphere rather than an elongated nozzle. Other companies continue to shake up the industry as well. (more…)
Savvy consumers have a sense of how advanced technologies can help attain a better, younger-looking and healthier complexion. End users in the United States consider expensive purchases as an investment in their appearance and self-confidence. As a result, cosmetic products that apply novel solutions with premium pricing are well-accepted, which adds to healthy growth of the U.S. market for active ingredients. According to Kline’s Specialty Actives in Personal Care: Multi-regional Market Analysis and Opportunities report, the market reached USD 365 million in 2016. To meet the demand for effective solutions, the supplier landscape is becoming highly competitive in terms of innovation, from new technologies to new ingredient categories and applications. In this article, we look into the most innovative solutions available on the U.S. active ingredients market. (more…)
Companies are being more selective in the Rx-to-OTC switches they pursue, according to new research just published by Kline & Company in the 13th study in its venerable syndicated series, Rx-to-OTC Switch Forecasts USA: Next Frontier.
Safety is paramount, and the sophistication of clinical studies required to gain approval has increased the cost burden and risk to switch sponsors. Most future switches will depend on a combination of market-driven forces and safety, as determined by regulators. (more…)
Nature-inspired products, social influencers, technology, indie brands, millennials, and the rise of gen z are key trends shaping the U.S. cosmetics and toiletries market today. Recording solid growth of 3% in 2016, the ever-evolving beauty market is poised for another year of success.
As we begin our research for the 43rd edition of Kline’s Cosmetics & Toiletries USA report, encompassing five product classes and 17 product categories, we take note of important developments and highlights. (more…)
The expansion of affordable healthcare and robust growth in generics due to increasing patent expirations of branded drugs are boosting consumption of specialty oral solid-dosage-form (OSDF) excipients globally. According to Kline’s recently published Specialty Excipients for OSDFs Database, the markets in China, CIS, Europe, India, Japan, and the United States are estimated at USD 3.5 billion and expected to grow at a compound annual growth rate (CAGR) of close to 6% during 2016-2021. While the growth is foreseen at all the industry levels, the key factors driving the growth in mature and “pharmerging” markets vary widely. In this blog, we look deeper into the most important market issues and trends affecting the industry and how suppliers can use them in their favor. (more…)
Changing industry regulations and continuous developments across end-use applications are the key factors affecting the USD 4.5 billion market for specialty biocides in China, Europe, India, and the United States, according to Kline’s recently published chapters of its Specialty Biocides: Regional Market Analysis study.
Due to their nature and the variety of applications they are used in, biocides are often a key component in chemical formulations. The fact that some chemistries are under scrutiny in many countries makes this sizeable and rather mature market an unexpectedly dynamic industry, where regional markets are characterized by sets of completely different trends. (more…)
Asia is a hub for many technology skin care innovations, as well as the home of key markets for beauty devices, such as China, Japan, and South Korea, some of which are posting double-digit growth in 2016. China drives the beauty devices boom in Asia, registering a substantial increase in sales of 18% and putting itself ahead of all the markets analyzed in our upcoming Beauty Devices: Global Market Analysis and Opportunities report.
While China shines brighter than ever, South Korea should not be overlooked either as it is a hotbed for innovations, especially when it comes to anti-aging devices. The market is mostly driven by wearable LED masks from local marketers, such as Milux, Park So-hoo, and AMC. Price points for these products range from $150 to upwards of $1,000 each. (more…)
Sales of the U.S. market for janitorial cleaning chemicals grow at a slow, but steady pace from 2015-2017, to some extent matching population growth in the country. To thrive in this mature market, janitorial cleaning product suppliers need a deep understanding of end users’ needs and market dynamics to bring innovation and capture profitable niches. In this article, we look into the key changes and challenges for jansan market suppliers in 2017.
Contract cleaners continue to expand their business, trying to gain a new client base beyond office buildings. (more…)
Kline’s July 2017 edition of the Base Stock Production and Re-refining Cash Margins Index, which characterizes recent cash margin contributions in the U.S. base oil market, indicates market turbulence since 3rd Quarter 2016. View July’s 2017 chart demonstrating direct cash margins on conventional and re-refined Group II base stock production on the U.S. Gulf Coast. (more…)
Technology is helping to connect the dots between online and offline experiences, creating deeper connections with consumers and driving businesses forward. From beauty stores adopting in-store and online technologies to engage consumers to exciting new social selling brands, such as Rodan + Fields and Monat, technology is revolutionizing the way the beauty industry interacts with its customers.
This online event will explore how technology is blending into online and brick-and-mortar stores to create a seamless and unique shopping experience. (more…)