The 40th edition of MCB by Beauté Sélection—an annual, prestigious event—once again took center stage in Paris, the heart of the beauty universe. This rendezvous for beauty professionals encompassed all facets of the industry, from hairdressing to aesthetics, makeup, and nails. It featured international competitions, hair shows, masterclasses, and innovation awards, providing a platform for industry leaders to demonstrate their expertise.
The global nutraceuticals market has been steadily growing over the last decade, but the COVID-19 pandemic propelled it to new heights. While sales growth has recently stabilized, the market is expected to continue expanding significantly. The United States and Europe nutraceutical markets are valued at USD 163.0 billion and 90.0 billion, respectively, with high single-digit growth rates year-on-year, according to our just-published Excipients for Nutraceutical Oral Solid Dosage: United States and Europe report.
The professional pest management market in Latin America faces several challenges due to significant inflationary pressures and a sizeable gray market. Despite this, early findings from our research in Argentina and Brazil indicate that these markets are poised for robust growth over the next five years. What are the main drivers behind this increase?
The medical spa market is booming in the United States. These aesthetic skin care havens are outpacing the competition and experiencing double the revenue growth of the total medical-dispensed skin care channel. In fact, sales through medical spa outlets such as OVME and SkinSpirit are estimated to grow upwards of 40% in 2023, according to Kline’s new Multi-Site Skin Care and Wellness Destinations.
In the ever-evolving hair care market, the dynamic of hair bonding treatments is impossible to ignore. According to the Q1 2023 data from our Kline PRO: Salon Retail Products and Services Database, the hair bonding market accounts for a substantial 8.5% share of the total U.S. hair care market and it is a key growth area to watch.
From delivery services to stringent hygiene protocols to the online impact, restaurants have experienced significant changes since the pandemic wreaked havoc and upended the industry. Today’s restaurants need to be nimble as many are simultaneously managing a high volume of demanding take-out service while also offering exceptional service in clean, welcoming dining rooms to their dine-in clientele—all amid staff shortages and inflation.
Mosquito vector control is a critical aspect of public health in the United States as these pesky insects are known carriers of various diseases, including West Nile virus, Zika virus, dengue fever, and malaria. In this blog, Laura Mahecha, Director in our Agrochemicals sector, answers three key questions regarding the multifaceted market for mosquito control.
In the global professional nail care market, the United States has emerged as a true frontrunner, while Europe is still navigating unique hurdles on its path to recovery. The United States market registered a growth rate of almost 6% in 2022, slowing down from the 7.3% recorded in 2021. Conversely, Europe’s growth is down by 2.5% in 2022 from the 3% growth that was registered in 2021. What led to this interesting contrast?
The Barbie movie is officially a billion-dollar blockbuster and is on track to be the highest-grossing movie of the year. Can the movie’s success help turnaround sales for hair lightening services, which have been soft over the last 12 months?
The market for railway pesticides is relatively stagnant, reflecting the subdued dynamics of the rail industry. There are approximately 140,000 miles of railways in the United States, with only minimal new track miles added in the past decade. On the contrary, abandoned rail lines—due to businesses moving and the lack of use—partially offset these gains. Such closures underscore the challenges that the market for railway pesticides faces, as the demand for solutions to maintain vegetation along tracks wanes in tandem with the decline of these routes.