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…)

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…)

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…)

Naturals Market Set to Make Waves with Amazon’s Purchase of Whole Foods

Natural Personal Care
Natural Personal Care

Recording a compound annual growth rate of 8% since 2011, the U.S. natural personal care market remains a powerful force. The avalanche of new, niche brands and innovative products hitting the market, coupled with consumers’ rising demand for natural beauty solutions, promises another year of success. Following the trail of this booming market, we’re pleased to announce a new edition of our Natural Personal Care: Market Analysis and Opportunities report series, which will look at the U.S. and Russian markets.

Key highlights expected to emerge in our market discoveries include: (more…)

Webinar Next Week: Key Issues Trending in the OTC Market

Nonprescription Drugs USA
Nonprescription Drugs USA

The U.S. OTC industry witnesses another year of growth with categories like topical analgesics, internal analgesics, herbal products, nasal allergy sprays, and contraceptive products all experiencing stronger than average sales growth.

What’s behind this growth? What are the latest developments? What is the impact of recently approved switches? We will reveal it all during this live webinar drawing upon highlights from our preeminent Nonprescription Drugs USA, Digestive Health, Immunity, and Probiotics: U.S. Market Analysis and Opportunities, and Rx-to-OTC Switch Forecasts USA: Next Frontier studies. (more…)

How Millennials are Shaping the Future of Beauty

The Future of Beauty
The Future of Beauty

The Fashion Institute of Technology in New York City has long been an incubator shaping minds whose ideas influence the beauty industry. As part of the Industry Advisory board for the Cosmetics and Fragrance Marketing and Management Program, we had the privilege of attending the annual Capstone Research Presentation. The final project was “The Future of Brands” – a look at the roles brands currently play and how they will impact a consumer’s purchasing choice in the future. Will they adapt? Will they continue to exist? This made us ask the question: Who is in control of their destiny? Not long into the presentation, it was clear—the consumer. Not just any consumer, the millennial consumer. (more…)

Live Webinar Tomorrow: Impactful Shifts in Beauty and Retail

Beauty Retailing
Beauty Retailing

The U.S. beauty industry continues to make bold moves supported by newness, runaway trends, social media, indie brands, and savvy millennials chasing down the next big thing. Its retailing scene is undergoing a facelift with some brands shifting into high gear to channels such as specialty stores and direct sales.

KEY LEARNINGS FROM THE WEBINAR

We will discuss the latest shifts and developments in beauty and retail, based on key findings from our soon-to-be-published  Cosmetics & Toiletries USA and Beauty Retailing USA: Channel Analysis and Opportunities reports. (more…)