Eccentricity, Ethnicity, and Electricity Drive the U.K. Professional Beauty Market

Despite the generally challenging economic climate, the U.K. professional beauty market remains among the fastest paced across all European countries. ToNails_UK_188-170day’s cautious, more enlightened, and empowered British consumer is demanding more affordable products and better in-store services to complement their beauty regimes and not tax their budgets.

Taking the biggest cut, the hair-care segment continues to keep ahead of the United Kingdom’s professional beauty market with a 65% total market share, generating £370 million (USD 560 million) in sales at the retail level in 2012. However, consumer visits to hair salons continue to decrease, particularly in the lower-end segment. (more…)

New Year Resolutions – Health and Wellness

New year wishes and resolutions are closely tied to health and well-being. We wish for good health for others and want to get in better shape ourselves and therefore this phenomenon can translate into big bucks for many savvy companies promoting corresponding offers. Gyms are still full, and sales of health preparations increase. The digital helping hand also comes in a variety of apps, such as Fitocracy, Lose It, and My Last Cigarette. The most common new year resolutions include weight loss, quitting smoking, exercising, eating healthy, and a better work/life balance. (more…)

Fall 2012 Beauty Trends

Since the change of the millennium, fashion, beauty, interior design, and other aesthetic indicators have been celebrating multiple decades concurrently. Not that long ago, trends came and went, where one era or particular look was popular for a while and then faded away. Once upon a time, each decade actually had its own distinctive look. Nowadays, one can observe strong influences from the 1920s, 30s, 40s, 50s, 60s, 70s, 80s, and 90s all in the same season’s runways. (more…)

Cosmetics and Toiletries Industry Shows Signs of Tempered Optimism

Conflicting news reports abound about the state of the luxury market in 2012, and the jury is still out on where the year will end up for the cosmetics and toiletries industry as a whole. Some reports show luxury companies like Ralph Lauren missing revenue goals and lowering EPS in the second quarter of 2012, and a cluster of such reports in August point to skittish high-end consumers putting down their credit cards. (more…)

An Olympic Effort – Medal-winning Shades for Cosmetics, and What’s Next in Brazil?

With the 2012 Olympics officially inaugurated and people all over the world watching and cheering on their teams, these are exciting times, as well as a source of inspiration for cosmetics collections. Limited-edition products in medal-winning shades are a must for those who can’t make it to London, but want to deck themselves out in Olympics-inspired products to show their support at home.

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Different Preferences for Personal Care Products Among Asian Americans

ImageAs the Asian American community passes the average American population in spending power and becomes the fastest-growing ethnic group in the United States it has gained the attention of the media and businesses as an attractive market segment.

The Asian community grew 43.3% from 2000 to 2010, to 14.7 million. This rate of growth is higher than Hispanics and all other groups.

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Market Trends: Nikola Matic at in-cosmetics Barcelona

Recently at in-cosmetics Barcelona, Nikola Matic, Kline’s Chemicals and Materials Project Manager, delivered the presentation Opportunities in Skin Care: Exploring Specialty Actives where he shared insights gleaned from Kline’s latest findings: Specialty Actives in Personal Care: Multi-Regional Market Analysis and Opportunities. These included the significant drivers and trends behind the growing ubiquity of specialty actives and how multifarious consumer demands are shaping the market and affording formulators ever greater opportunities.

Shortly afterwards, Matic was interviewed by Michelle Yeomans on behalf of William Reed Business Media. Watch this short, but informative interview here.

Read Matic’s incisive article Does the Consumer Drive Actives  Development? here.

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Making $26.3 Billion the Natural Way – The Natural Personal Care Segment is Thriving

The natural care segment within the personal care market has seen a compound annual growth rate of 13.8% over the last five years, culminating in an estimated global $26.3 billion in 2011. That’s serious business and while its momentum is expected to slow a little, the natural personal care market is still projected to maintain far above average industry growth. (more…)

Hispanic Purchasing Power Remains Resilient Despite Economic Challenges

Although Hispanic families suffered significantly with the economical turmoil, their purchasing power remains strong.

The Hispanic market in America is a dynamic, complex market segment composed of multiple groups of distinct cultures. Hispanic or Latino is the largest minority group in the country, comprising 16.3% of the total population and growing at a very fast rate. With the ever increasing population of Hispanics in the United States, there has been a tremendous increase in their spending power as well. Thanks to their culture of high grooming standards, the young Hispanic population uses personal care products frequently and likes to experiment with new products. (more…)

Webinar: The Changing Face of Beauty Retailing in BRIC Markets

The direct sales channel in BRICs outpaced the worldwide beauty sales growth of 4.7% CAGR from 2006 through 2011 by more than double! In China alone beauty sales through the Internet have grown by nearly 200% over the last 5 years and are valued at $3.5 billion in retail sales.

Seize these opportunities!

Karen Doskow, Kline’s Industry Manager, Consumer Products Practice, will share key findings from our  recently published report: Beauty Retailing Through Direct Sales in Emerging Markets 2011: Channel Analysis and Opportunities in a webinar on Wednesday, March 28, 2012 9:00 am (U.S. Eastern Daylight Time). (more…)

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