Last week, Yankita Garid, Researcher in our Beauty and Wellbeing sector, attended the 23rd edition of the Professional Beauty India Trade Show, taking place at Pragati Maidan in Delhi. “The exhibit hall was lively featuring live beauty demonstrations, as well as the latest product launches and new brand entries,” Garid notes.
Which Categories are Succeeding and Which are Falling Behind in Professional Hair Color?
Hair color remains a key pillar of the professional hair care market, showing a dynamic performance with global growth of almost 5% in 2022, according to our upcoming report. One product type that has been rising in popularity is demi-permanent color, thanks to its gentle way to achieve a vibrant hair color.
How Passenger Cars — and Passenger Car Motor Oils – Will Evolve in a Post-Pandemic World
With a turbulent geo-political and economic environment as its background, personal mobility is struggling to adapt to a post-COVID world. In this article, Sharbel Luzuriaga, Industry Manager in our Energy division, will discuss how the collateral effects of the pandemic — including supply chain shortages and inflationary pressures — impacted the adoption rate of electric vehicles, along with the direct implications for the passenger car motor oils (PCMO) market.
A Tale of Two: The Fusion of Clean and Clinical Skin Care
Clean beauty has held many definitions over the years, and while an industry standard remains blurred, substantial progress has been made in product education and ingredient transparency courtesy of intensifying consumer demand. Those shopping for these products a decade or more ago would have found limited brand and product offerings on shelves, less accessibility across the retail landscape, and former buzzwords such as “green” and “natural” more commonplace. Today, these products perform like many of their mainstream competitors, rely on “non-toxic” and “clean” positionings, and align more closely with consumerism trends such as wellness and sustainable initiatives.
Salon Hair Care: What’s Driving the Divergent Growth of Canada and the United States?
The hair care category remains the star performer in both Canada and the United States, despite the overall slowdown of the two markets. While Canada maintained its overall double-digit growth of 11% in 2022, the United States dropped significantly, from 23% growth in 2021 to only 6% in 2022. What are the key factors behind these divergent growth rates? Which companies and distribution channels are leading the way in these markets?
The Virality of Makeup Keeps Cosmetics and Toiletries Sales Optimistic
The makeup industry is still booming despite inflation, and collective retail sales of eye, face, and lip products are on track to surpass $16.8 billion this year. While the last decade has been characterized by fluctuating performance for color cosmetics, consumers returning to the category and new channels of discovery have allowed makeup marketers to hit their stride once again. In 2022, retail sales for these products rose 13% according to Kline’s Cosmetics & Toiletries USA, and unlike other categories in beauty where consumer demand was relatively unchanged, makeup’s momentous year was driven by more than price hikes.
From Boom to Sale: Hand Care Leader GOJO Seeks New Ownership
Making news in the hand care segment, GOJO, the maker of Purell hand sanitizers and hand soaps, has recently announced that its business is up for sale. The independent company, founded by Jerry and Goldie Lippman in 1946 in Akron, Ohio, has emerged as a dominant force in the market, thanks to the soaring popularity of its flagship brand Purell. “GOJO sells its products to consumers, but the B2B side represents a larger opportunity,” comments Laura Mahecha, Kline’s Director of I&I Cleaning Products.
The Rapidly Changing Empty Hard Capsules Market: Where Do Opportunities Lie?
The market for empty hard capsules (EHC) is undergoing a notable transformation, with an increasing preference for tablets among formulators. Not only did all seven of the regional markets we analyzed in our recent Empty Hard Capsules: Business Analysis and Opportunities series behave in unique ways in 2022, but the different capsule polymers also saw changing market dynamics. In the midst of this flux, what lies ahead, and where will the business opportunities be found?
Five Facts About the Global Medical Dispensing Skin Care Market
The global medical dispensing skin care market remains buoyant, increasing by a double-digit rate of 11% in 2022, according to our recently published Medical-Dispensing Skin Care: Global Screening Assessment report. Despite challenges such as supply chain and staffing shortages, the market has returned to healthy pre-pandemic growth levels and is inching toward the $3 billion mark. Sai Swaroop, Industry Manager in our Beauty and Wellbeing sector, is answering five key questions regarding the state of the market:
Immersion Cooling In Data Centers: An Emerging Opportunity
Given the heightened focus on climate control and sustainability, data centers worldwide are working full throttle to develop cooling solutions that utilize less power and consume less water, providing opportunities in a rapidly developing technology: immersion cooling.