What Can Beauty Retailers Learn from Amazon’s Prime Day?

beauty retailing AmazonIn case you missed it, Amazon hosted its third annual Amazon Prime Day last week. The event is often compared to Black Friday, as the e-commerce giant rewards its Amazon Prime members through deep discounts and promotions on its products. What’s different about Black Friday and Amazon Prime Day is where consumers are shopping—it is traditional brick and mortar versus the virtual world. Coincidently, Amazon Prime Day this year took place on the same day Kline presented about the shift in where beauty consumers are shopping at the Cosmoprof NA event. (more…)

Unmasking Opportunities in Facial Skin Care at Cosmoprof

facial skin care masks marketWalking through the aisles of the exhibition hall at Cosmoprof North America, it was clear that the K-Beauty trend, specifically the trend of facial sheet masks, continues to be in full swing. Sales of Korean beauty products in the United States grew almost 30% in 2016, as reported in our K-Beauty: Riding the Wave in the United States study. The category is well known for its affordable luxury proposition and has inspired a variety of new anti-aging and hydration masks in the United States. At the show, there was no shortage of facial skin masks, many with new innovations in format, texture, and delivery. (more…)

Stimulated by changing demand patterns, the global basestock industry is witnessing significant changes

Global Lubricant Basestocks
Global Lubricant Basestocks

According to the Global Lubricant Basestocks report, the basestock market registered a very small growth in 2016 over the previous year. While Group II and III basestocks registered good growth rates, Group I continued on a downward trajectory. The global basestock market is in the middle of witnessing substantial structural changes. These changes are stimulated by changing demand patterns due to evolving technological and environment requirements, as well as changes in the supply landscape. (more…)

Home Fragrance Market Movers: Indies Fuel Sales

Home Fragrances Market Movers
Home Fragrances Market Movers

Luxury players continue to win, moving the market forward with unique product designs and sophisticated fragrances. According to the recently published Home Fragrances: U.S. Market Analysis and Opportunities report, the mass trade class remains the key contributor of market sales while luxury players are expected to inch the segment out in 2017. Alternate channels of distribution, such as boutique beauty retail specialty stores, e-commerce, and person-to-person sales, account for nearly 45% of the market share, up from 35% just five years ago. Standout performers in these channels include Illume, Nest, and Diptyque. (more…)

Skin Care and Technology—A Good Cocktail in the European Beauty Devices Market

Ziip Beauty Device
Ziip Beauty Device
Image credit: Ziip Beauty

The at-home beauty devices market in Europe experiences solid growth of about 13% in 2016, with a plethora of opportunities to explore. The market is dominated by three-leading skin care concerns—hair removal, anti-aging, and cleansing—accounting for 75% of the total market sales in 2016. However, hair regrowth is the fastest-growing segment as U.S. marketers emphasize on establishing their brands in Europe.

The market has been categorized by the presence of generic devices targeting acne, anti-aging, cleansing, hair removal, and hair regrowth for a few years now. To break this status quo, marketers are beginning to embrace the concept of bespoke solutions by combining skin care and technology to develop customized skin care treatments for consumers. One such classic example is Skin Inc’s Optimizer Voyage Tri-light with NASA-based technology that uses Chromotherapy and Low Frequency Therapy to help boost the skin’s absorption. (more…)

OTC contraceptives and personal lubricants propel sales gains for OTC feminine products in 2016

The emergency contraceptives segments of the OTC feminine products market, particularly Teva Pharmaceuticals’ Plan B and store brand copies of Plan B, drove significant gains for the otherwise flat category, according to Kline’s just-published Nonprescription Drugs USA 2016 study. Sales of OTC contraceptive products continue to show strong growth in 2016 as a category, driven entirely by steadily expanding consumer awareness, appeal, and accessibility to the relatively new and expanding range of emergency feminine contraceptive products. (more…)

Hot Dynamics to Watch Out for in Professional Hair Tools and Appliances

Professional Hair Tools and Appliances
Professional Hair Tools and Appliances

After years of minimal or no innovation in the professional hair tools and appliances market, we are now seeing some exciting developments, shaped by various innovations and novelties, as well as the growing barbershop trend. Let’s take a look at some of the most interesting dynamics:

Multifunctional professional hair tools and appliances – Similar to the salon hair care market, multipurpose functionality for easier and faster hair styling, drying, and even coloring is key. The U.S. professional hair care brand Pravana introduces a unique multifunctional product – Blonde Wand, a thermal straightening tool which combines a lightening cream with heat for quick results. The product claims to color hair in just 1.5 hours. (more…)

Nutritional supplements aimed at specific health issues and backed by scientific studies experience gains

Select vitamin brands aimed at eye and brain health had significant sales gains in 2016, according to Kline’s just-published Nonprescription Drugs USA 2016 study. Preservision adult multivitamins for eye health, which is marketed by Valeant Pharmaceuticals, experienced sales growth over 20.0% in 2016, driven by a switch from print to television media for the brand and claims that “only Preservision’s formula has been proven to reduce the risk of progression of moderate to advanced Age-related Macular Degeneration (AMD) in the National Eye Institute’s Age-related Eye Disease Study (AREDS).” Preservision contains high potency antioxidants and minerals, such as 1,000mg omega-3 fatty acids, lutein, and zeaxanthin, and claims to be “the only clinically proven formula.” (more…)

Trends and Insights gathered from the CIS Base Oils and Lubricants Conference

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About the conference and impressions

The CIS Base Oils and Lubricants conference has gained significant traction since its start five years ago, becoming a highly recognized event within the CIS (Community of Independent States) region. The conference’s agenda is exclusively dedicated to the base oils and lubricants industries in Russia, Belarus, Ukraine, Kazakhstan, and other CIS countries; however, every year, the number of international guests increases, mainly from Western Europe, but also from the United States, India, China, etc. (more…)