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| Aug. 25, 2010: |
Cosmetics Design
Demand for Personal Care Ingredients to be Driven by Naturals Trend
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Although there are still perceived issues with the performance of natural ingredients, the opportunities for growth in this category surpass those of more traditional alternatives, encouraging a forum for innovation. Sales growth for this category was estimated to have reached 8 percent in 2009, establishing the naturals trend as a key contributor to the recovery of demand for personal care ingredients. |
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| Aug. 25, 2010: |
Premium Beauty News
Green innovation to drive growth of the European personal care ingredients market |
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The European personal care ingredients market shows recovery in sales in the first half of 2010, according to Kline, and is anticipated to continue to increase at an annual volume growth rate of 2.6% until 2014. Although traditional ingredients will take advantage of this upturn, the largest growth is expected in the “green” product area. |
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| Aug. 23, 2010: |
OEM/Lube News
North American Lubricant Demand Forecasted to Reach 2.9 Billion Gallons by 2014 |
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North American total finished lubricant demand in 2009 is estimated at 2.6 billion gallons, down from 3.2 billion gallons in 2007. This demand is forecasted by Kline to recover and reach about 2.9 billion gallons by 2014. Both internal and external market conditions will be affecting demand in the next five years. These include extended oil drain intervals, a shift in viscosity grades and channel dynamics, new vehicle sales and the rate of recovery from the recession. |
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| Aug. 19, 2010: |
Cosmetics Design
Innovation returns to drive the personal care ingredients market, Kline |
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During the economic downturn price was the key motivation behind purchasing decisions, creating a challenging situation for personal care ingredients suppliers. However, as economic pressure eases, innovation is back as an important factor in ingredients buying decisions. This will create an opportunity for suppliers to develop more added values and compete for market share with established products. |
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| Aug. 17, 2010: |
Cosmetics and Toiletries
Eco-friendly Ingredients to Lead the Industry's Recovery |
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Even in an unstable economy, people still want to look and feel good. Fueled by a relatively stable consumption of cosmetics and personal care products during the crisis, the personal care ingredients market is anticipated to continue to outperform other specialty chemical sectors. |
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| Aug. 11, 2010: |
Happi
Primed for Perfection |
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In the cosmetics industry, more advanced formulations are being introduced across the boards. The innovations are making an impact, boosting sales in many product categories. Registering some of the highest increases in demand is nail polish, sales of which have climbed 19% to $297.5 million. According to Kline & Company, cutting-edge nail color is back in style. Thanks to its new popularity in the fashion world and the shift from nail salon visits to at-home application induced by economic instability, this category has had a banner year. |
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| Aug. 5, 2010: |
The Ecologist
Can I trust my 'natural' or 'organic' body cream? |
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The natural beauty and health products market suffers from a lack of industry wide standards that would regulate companies’ marketing claims about the proportion of natural ingredients in their products. Kline’s global study Natural Personal Care 2009 confirms that an overwhelming majority of products are only 'natural-inspired' and mostly made up of synthetics. While efforts including the ‘Cosmos standard’ are made to introduce clearer benchmarks, companies are still left to define their own criteria for what constitutes a natural ingredient. |
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| Aug. 5, 2010: |
European Coatings
Market for synthetic latex polymer consumption in Europe to grow |
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The outlook for synthetic latex polymer consumption in Europe remains optimistic despite a negative GDP growth in 2009. This growth will primarily be driven by applications like printing inks and overprint varnishes, construction, and paints and coatings, according to market research firm Kline & Company. |
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| Jul. 26, 2010: |
Cosmetics Design
Consumer spending continues to be impacted post-recession |
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According to Kline’s consumer products director Carrie Mellage, consumer interest in the U.S. in cheaper private label personal care brands continues to stay strong, despite returning consumer spending power. Top players in the industry have seen diminished interest in their professional care and luxury lines. Although these categories have shown some signs of rebounding in the first two quarters of this year, continued economic uncertainty makes this upward trend seem uncertain for the rest of 2010. |
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| Jul. 23, 2010: |
Cosmetics Business
Private label and natural beauty benefit from scaled-back spending habits, says Kline |
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Post-recession consumers in the U.S. hold new attitudes to consumer goods, replacing the buying on credit mentality by a more frugal approach to spending. Kline says the new values are not only driven by economic forces but by a greater awareness of environmental issues and sustainability. Following aggressive marketing campaigns by retailers to bring their products in line with branded merchandise, sales of private label personal care products jumped 6% in 2009, compared with an overall market decline of 0.8%. Growth in natural personal care products has also continued through the recession. |
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