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.Continue reading
Stellar Year for U.S. Crop Protection Chemical Distributors in 2011 with Positive Outlook Ahead
The U.S. crop protection chemical industry experienced a 6.9% increase in the net distributor sales level during 2011, according to the recent report Leading Distributors in the U.S. Crop Protection Industry: A Strategic Market Analysis by global consulting and research firm Kline & Company. Tracking the U.S. crop protection industry, the research focuses on the top 16 distributors that collectively drive over 90% of the U.S. market.Continue reading
Smoky Eyes and Glittery Nails Drive Sales of Cosmetics and Toiletries
Data for the U.S. cosmetics and toiletries market in 2011 has been tallied, unquestionably confirming a rewarding year. The slump is over for many in the industry, and the market records the best year in more than a decade, with sales growing strong in several categories. The winning product classes are makeup and fragrances. Continue reading
Rx-to-OTC Switches Energize Solid OTC Drug Market Growth
Rx-to-OTC switch brands continue to be major game changers within the OTC market, whether promoting strong gains or causing steep declines. Aided by the launch of Rx-to-OTC switch brand Allegra (Sanofi-Aventis) and strong growth of private labels, allergy relief products grew 16.3% in 2011 to become the fastest growing category on the U.S. OTC drug market, according to the Nonprescription Drugs USA 2011 report by international consulting and research firm Kline & Company. The U.S. OTC drug market posted a gain of 2.4% reaching $21.4 billion in 2011 at the manufacturers’ level.
Kline Partners with WSL/Strategic Retail to Deliver In-depth Skin Care Market Analysis and the Shopper’s Perspective
To help companies understand every facet of the U.S. skin care market and its channels and shoppers, Kline is joining forces with WSL/Strategic Retail, a global retail strategy and shopper insights specialist headed by Wendy Liebmann, CEO and Chief Shopper and Candace Corlett, President. WSL/SR is highly respected for helping its clients build innovative retail strategies that drive shoppers to stores. WSL/SR has been delivering shopper insights to manufacturers and retailers for over a quarter of a century. Together, Kline and WSL have created a new report called Beauty View: Skin Care, which marries 50 years of Kline’s best-in-class market and competitive intelligence with WSL/SR’s perceptive shopper insights.Continue reading
Lights, Cameras, Doctors, and Skin Care Education!
With dermatology’s many facets and an even wider variety of solutions, an event such as the Annual Meeting of American Academy of Dermatology is the place where professionals discuss the most topical skin care condition issues and introduce the latest treatments. Despite record-breaking rain in sunny San Diego, there was an incredible turnout—nearly 11,000—at this year’s AAD meeting! The meeting was attended by dermatologists, many of whom traveled from faraway places like Saudi Arabia, Denmark, and Brazil to soak up information and insights.Continue reading
BB creams getting more face time in the United States
With a roster of promised skin benefits, BB creams are selling like hotcakes!
BB creams, also known as beauty balms, blemish balms, or beauty benefit creams, have enjoyed immense popularity in Asia and migrated to the United States during 2011. Essentially, these are hybrid multi-tasking products that combine facial treatment and cosmetic benefits. Continue reading
Make The World A More Beautiful Place, Let’s Meet at InnoCos USA in New York!
Grab your calendar quick!
Clear July 11 and 12 for InnoCos USA in New York City – an essential Cosmetics and Personal Care Industry rendez-vous!
Kline is proud to be part of this must-attend event for innovation, new product development and marketing for executives in personal care and cosmetics. InnoCos USA is a compelling and valuable opportunity to meet and mold the future, maximize knowledge exchange and to generate actionable results.Continue reading
U.S. OTC Market Posts Solid Growth in 2011 Driven by Rx-to-OTC Switches and Marketing
From 2010 to 2011, the U.S. OTC drug market posted a gain of 2.4% from $20.9 billion in 2010 to $21.4 billion in 2011 at the manufacturers’ level. The fastest growing categories include allergy relief products, which grew 16.3% in 2011 aided by the market launch of Rx-to-OTC switch brand Allegra (Sanofi-Aventis) and the strong growth of private-label allergy relief products. Past Rx-to-OTC switch brands continue to perform well with Rogaine (Johnson & Johnson) and Plan B (Teva Pharmaceutical), both posting strong gains in the hair regrowth products and contraceptives markets, respectively.
Asia, the Hot Spot of the Professional Hair Care Market
Growth in the global salon hair care market is being driven by the Asia and Latin America regions. Whereas Western Europe and the United States are diligently exploring novel marketing strategies to stimulate sales, the emerging markets are blooming. Consequently, we shall take a closer look and reveal early findings concerning these markets.
Asia: India and China – two giants showing different dynamics of professional hair care… Continue reading
