Cannabis in Food & Beverages

U.S. Marketers Bet Big on Cannabis-Infused Products

Cannabis has emerged as the new buzzword across many U.S. industries as a result of the 2018 Farm Bill, which legalized the cultivation, sale, and distribution of hemp. The overall market for cannabis-infused food and beverages achieved strong double-digit growth of over 70% in 2019, while CBD health and wellness products are expected to approach $1 billion by 2024 with strong growth each year. Driving market growth is strong word-of-mouth and growing consumer interest in new and natural ingredients.Continue reading

professional skin care

Professional Skin Care: Growing by $1.1 Billion Globally in Five Years

The professional skin care market registers a strong growth of about 7% in 2019, across key markets including China, Europe, India, and the United States, according to Kline’s recently published Professional Skin Care Global Series. All four markets register positive growth, with developing country India registering double-digit growth and Russia registering the highest growth in Europe.
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Professional Skin Care

How Is Professional Skin Care Shaping Key Markets?

The professional skin care market continues to witness a healthy growth of more than 7% in 2019 across key markets such as China, Europe, India, and the United States, according to our soon-to-be-published Professional Skin Care Global Series report. China continues to be the largest market; however, developing markets such as India register the strongest growth of more than 12% in 2019. This solid increase is driven by various factors including rising incomes, an emerging middle class, a growing millennial population, and increasing awareness of skin health.Continue reading

Cannabis Coffee

Cannabis in Food & Beverages: The Dawn of a New Era

Cannabis has been popping up as the “it” ingredient everywhere, from skin creams to pain relievers and now food and beverages. The food & beverage industry in the United States is on the verge of crossing a new threshold due to changing consumer perceptions and the growing acceptance of CBD, combined with substantial investments being made in this market by private equity firms, start-ups, and leading beverage companies alike.

As a plant, cannabis benefits from the halo effect of being natural and “good for you,” which plays well into overarching consumer demand for natural and health-conscious products. CBD has already started to impact other consumer packaged goods industries, including the beauty and personal care and nonprescription drug markets.Continue reading

Professional Beauty London: A Mix of Skin Care, Aesthetics, and Lash Extensions

The Professional Beauty London trade show is one of the largest platforms for marketers participating in the professional beauty business to showcase their innovations and treatments. The 2019 event was crowded with a mix of marketers from various categories including skin care, aesthetics, nail care, hair care, and lash extensions. There were many large, medium, and small brands displaying their products/treatments and educating consumers and beauticians about their efficacy.Continue reading

Professional Hair Care Market

Four Questions Salon Hair Care Marketers Must Ask in 2019

As 2018 closes, we are looking back at the salon hair care market’s performance wondering what changes the year has brought to the industry and where did the market land in comparison to its historical performance. Between 2017 and 2018, the salon hair care industry grew at a steady pace of around 3%, although the category and country market performance varied. For example, while the U.S. market shows some slowdown compared to previous years, the Chinese market blossoms, driven by the development of e-commerce. In light of the recent changes on the global landscape, some of the key questions salon hair care players should be asking themselves include:Continue reading

Professional Skin Care China

Cha-Ching: China’s Professional Skin Care Sales Are on the Rise

The Chinese professional skin care market grows by nearly 7% in 2018, higher than the global market growth of 6%, according to Kline’s just-published China volume of our annual Professional Skin Care Global Series report. China continues to be the largest market for professional skin care products, accounting for approximately 40% of global sales in 2018. Significant growth of the medical care providers and retail channels primarily drives overall sales of the Chinese market.Continue reading

Professional Skin Care 2018 U.S. and Europe Growth

Professional Skin Care 2018 Preliminary Results Show Impressive Growth for U.S. and Europe

The professional skin care market in Europe and the U.S. continues to register strong growth in 2018, according to our soon-to-be-published Professional Skin Care Global Series report. The increase in both these markets is mainly driven by the medical and retail channels, and consumer demand is high for products containing retinols, hyaluronic acid, and vitamin C in both markets.

The professional skin care market in Europe continues on a steady growth trajectory, completing another dynamic year in 2018 and registering higher growth than the year prior. The U.K. registers the highest growth of over 6%, followed by Poland. However, all other segments comprising smaller markets, including Scandinavia and the Nordics, register strong growth in 2018.

 

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Professional Aesthetics

Professional Aesthetics Take a Turn from Facial Skin Care to Body Treatments

The market for non-surgical procedures has exploded over the last two decades and continues to be vibrant in the United States, recording strong double-digit growth to reach $3.5 billion in 2017, according to our upcoming Professional Aesthetics: U.S. Market Analysis and Opportunities study. This strong growth is driven by several factors, including growing demand for body contouring treatments, technological advancements, distribution expansion, increasing brand awareness as notable celebrities including Christie Brinkley have become the face of devices, such as Ultherapy (Merz), and partnerships with skin care companies to provide complete skin health to consumers.Continue reading

Professional Skin Care

Top Five Trends to Watch in the U.S. Professional Skin Care Market

The U.S. professional skin care market performed at its best in 2017, posting a strong growth of over 6%. Findings from our recently published U.S. volume for our Professional Skin Care Global Series reveal several reasons behind this solid growth, and some of the noteworthy developments are discussed below.

  • Two key channels continue to dominate

The medical care providers channel is the largest channel of distribution and continues to gain market share. The number of physicians providing skin care treatments and dispensing products is increasing quickly, creating a favorable environment for beauty marketers. Continue reading