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…)
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…)
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…)
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…)
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…)
With hundreds of new door openings during 2015-2016, boutique beauty stores remain on a high growth trajectory. These vertically-integrated specialty stores offering an immersive, single brand experience and supported by younger generations, including millennials, are seeing expansion across all the countries analyzed in Kline’s upcoming Boutique Beauty Retailers: Channel Analysis and Opportunities report series.
These freestanding stores offer unique concepts, a fun environment, and highly knowledgeable staff. Unlike e-commerce, which is another strong channel, customers have the advantage of trying products and having in-store guidance. There is also no other direct brand competition like in department stores. “Boutique retailers offer a fun and interactive environment that isn’t found in other channels, which is appealing to younger, digital consumers,” notes Ewa Grigar, the study’s manager. (more…)
The United Kingdom
The United States
Experiencing more than five consecutive years of double-digit growth, the natural beauty and personal care market is more vibrant than ever, outpacing the growth of the U.S. cosmetics and toiletries market by more than double. The market is propelled by several factors, including greater consumer awareness, more efficacious products, and expanding shelf-space across various retailers.
To learn more about this ever-evolving market, join this live webinar drawing on key findings from our soon-to-be-published Natural Personal Care Global Series report. The session will take place on Thursday, December 1, 2016, at 11:00 AM EST | 4:00 PM GMT. (more…)
The salon hair care market is notoriously difficult to measure because it is more fragmented than nearly all other industries. With over 170,000 locations, mostly controlled by sole proprietors, and growth of booth rentals adding to the fragmentation, quantitative gathering of credible data has been practically impossible…until now. Through the revolutionary Kline PRO, we have done what nobody else has been able to do—a tool that measures sales of products both into salons, as well as into the hands of consumers, and now also services.
From the beginning of 2016, service dollars and number of transactions are being tracked and reported for seven different categories that include typical services, such as haircutting and coloring to “other,” which ranges from beard services and eyebrow tinting. Data shows which services are trending and the average price for each of them—even down to a region of the United States and the size of the salon. (more…)
As a symbol of looking beautiful at every age with a youthful, dewy complexion, Korean beauty has been the most talked about trend in the U.S. beauty industry for the past few years. The offer of a personalized, targeted approach to beauty addressing specific skin concerns and offering value for money has resonated with U.S. beauty lovers looking for the next best thing to cater to their needs. Drawing on the recently published K-Beauty: Riding the Wave in the United States, Kline’s beauty experts answer some questions on K-beauty and its impact on the U.S. beauty market. (more…)