Kevin Plank, CEO and founder of UnderArmour, addressed Consumer Electronics Show (CES) attendees at the 2017 annual show held in Las Vegas last week in a keynote speech, inquiring “What if Apple or Samsung started making apparel and footwear? What would they do, and how do we beat them to it?” With the almost endless options consumers have in choosing beauty brands and products, it is imperative that beauty companies begin to model UnderArmour’s thinking and ask themselves how they can move forward to create the next generation of gadgets for beauty. This is especially important as Samsung’s C-Lab announced its foray into the skin care market at this year’s CES through Lumini and S-Skin, its skin analysis devices and apps. (more…)
As we enter 2017, we wanted to share with you our most appreciated initiatives through 2016. We covered an array of new trends from bond builders in the global salon hair care market to barbershop trends in Europe. We continued our coverage of the dynamic and important markets through our well-regarded report series: Beauty Devices Global, Natural Personal Care Global, Professional Skin Care Global, Salon Hair Care Global, and Professional Nail Care Global. We also expanded our portfolio to cover the fast growing channel of boutique beauty retailers in four dynamic markets, as well as one of the most talked about trends in the United States—Korean beauty. We also introduced our legendary Cosmetics & Toiletries USA in a new and interactive format to enhance your experience while browsing this insightful study, which is often called the “industry bible” by industry professionals. (more…)
In a presentation at the ICIS Pan-American Conference held in December 2016, Sergio Rebelo, Managing Director in Kline’s South America affiliate, Factor, discussed the struggles and opportunities of the South American finished lubricants market.
South America has a population of 419 million and a continental GDP of USD 3.6 trillion, roughly 5% of the global total. The top countries in terms of GDP are Brazil, Argentina, and Colombia. Nonetheless, the region is undoubtedly experiencing a challenging economic climate. Projected growth has been cut in half since 2010 and is forecast to grow 2.5% per annum until 2020. (more…)
With less than a week until the holidays, consumers are busy shopping for last minute deals and steals. Holiday bundles and kits, free gifts with purchase, friends and family sales, and buy one, get one free are all promotional strategies beauty retailers have been using to drive sales during the festive season.
However, what is different in 2016 is consumers’ increase in savviness in where they can get the most value for their dollar. With consumers buying wherever they can find the best deal, retailers and marketers have proven that they are willing to accommodate changing consumer preferences by offering exclusive online deals. (more…)
Operating under tight budget constraints, many small businesses are purchasing jan/san chemicals from retailers as they offer convenience and value pricing. While the majority of jan/san chemicals are sourced from janitorial supply and paper distributors, there has been an increase in sales through retailers for these products. In this article, we profile three retail channels that are emerging as popular sources for jan/san chemicals and examine their appeal to small business, contract cleaners, and other institutional end users. (more…)
Dispensing skin care continues to be attractive to physicians in the United States as the number of physicians dispensing skin care products increases in 2016, especially among medical spas and other physicians. As the demand for cosmetic procedures continues to increase, physicians typically recommend take-home skin care products to be used in combination with procedures to increase the benefits or reduce the side effects of procedures. However, dispensing skin care products have been a tradition/mainstay mainly for dermatologists and plastic surgeons as over 40% of both these physician types, respectively, have been dispensing skin care products for over 10 years, according to Kline’s soon-to-be-published Physician-dispensed Skin Care: Perception and Satisfaction Survey. (more…)
Overall demand for finished lubricants in Latin America and the Caribbean was negatively affected by the regional economic downturn during the period from 2014 to 2016. However, this general challenging picture is hiding a number of dynamic markets, such as Chile, Dominican Republic, Panama, and Costa Rica, where lubricant demand is posting above-average industry growth, finds the recently published Opportunities in Lubricants: Latin America and Caribbean Market Analysis report by global market research and management consulting firm Kline.
As the region starts to pick up, it is entering a new post-recession cycle in 2017. The regional differences emerging show that growth will not be uniform. (more…)
The dynamic professional nail care market continues on its evolution path with new innovations and trends. The boundaries between categories start to blur, as marketers continue to launch products that are either cross category or similar in results to products from another category. Let’s take a look at the top three trends and innovations from this market in 2016:
1. Top coats with gel-like results – Originally started by L’Oréal with the launch of Essie Gel Setter in 2015, this new trend makes big waves in 2016 with several marketers launching similar variants. When applied on nail lacquer without UV/LED curing, these top coats give a gel-like result, such as high shine, long-wear, and chip-resistance. (more…)
Transcutaneous electrical nerve stimulation (TENS) technology has existed for over 50 years, but such devices have only been in the consumer marketplace since 2006-2007. Today, over 500 manufacturers of TENS products are registered with the FDA, and this number continues to increase. Innovation, convenience, and the ease of use of TENS devices, coupled with consumers’ increasing demand for non-drug options to prevent and alleviate pain, have helped boost sales of such devices.
The introduction of Sanofi’s Icy Hot TENS device in November 2014 had a big impact on this market segment, resulting in a 15% sales increase. Backed by an intensive marketing campaign, wide retail distribution through drug store chains and mass retailers, and a moderate price point of about $40.00-$50.00, this game-changer device helped increase Sanofi’s sales by more than 20%, as well as taking the leading spot in the at-home TENS devices market in the United States. (more…)
Decoding the channel in France, the United Kingdom, and the United States.
The boutique retailer channel is one of the fastest growing channels in the beauty industry, being a hotbed for various brands that are looking to create a more personalized and unique shopping experience. Many of the players here, such as Lush, Kiko, and Rituals, are seeing double-digit increases each year, which is far ahead of the beauty industry’s average. (more…)