Recent Recession Decidedly Influenced Cost Structures in the U.S. Personal Care Market
Most of the leading personal care marketers were hit by higher costs of goods caused by the recent recession. While the high crude oil prices from the beginning of 2008 resulted in higher raw material, processing, packaging, and distribution costs, these normalized in the second half of 2008 and the first half of 2009. The recession brought about other significant challenges for personal care marketers during this time. Cosmetic companies had to develop a wide range of strategies in order to keep pace with their competitors.Continue reading
BRIC by BRIC, Rebuilding Demand for Finished Lubes, Says Kline Study
The four BRIC countries accounted for over one-quarter of global finished lubricants demand in 2009. According to data from The Impact of the Global Recession on BRIC Countries, the positive outlook for economic and manufacturing activity coupled with a growing and financially strong middle class will have these countries accounting for nearly one-third of global lubricant demand by 2013. Continue reading
Natural cosmetics conference: information and networking in pleasant atmosphere
);)
The second natural cosmetics conference was held in Nuremberg on 22 and 23 September 2009 in the Congress Center CCN Ost. The program was wide-ranging, with 13 presentations and three panel discussions attended by 120 participants, who learned about new market developments, trends, the results of market research and basic issues like brand management, design and labels.Continue reading
McDonald has Big Shoes to Fill at P&G
McDonald has Big Shoes to Fill at P&G Lafley’s tenure was a profitable one that will be tough to top, says Carrie Mellage of Kline.
On January 1, 2010, Robert McDonald will succeed A.G. Lafley as Chairman of the Board of Procter & Gamble after assuming the role of CEO and President earlier this year, and Lafley will officially retire from the company effective February 25, 2010. Though the last year has been rough for P&G (who hasn’t it been rough for?), Lafley’s tenure marks one of the more prosperous periods for the company—an era which will be tough to top. More…
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Kline Study Reveals Changing Consumer Behavior Forces Shift in Global Beauty Retail Channels
As developing nations continue to embrace modern retail formats, beauty marketers in the Western world are working overtime to devise market-specific strategies to keep up with changing consumer behavior. According to data from Beauty Retailing Global Series, the latest research conducted by worldwide consulting and research firm Kline & Company, the nuances of each individual market demand that beauty brands evolve alongside consumers to compete on the worldwide stage. More…
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Convergence in the Chemical Industry
Chemical Week recently published a ranking of the largest chemical companies in the world by revenues and Rob Westervelt, CW’s editor-in-chief, has commented on the rapid shifts taking placing in the sector. Only BASF, Dow Chemical, DuPont and Shell remain in the top ten from the first time CW published its ranking 15 years ago. Meanwhile, SABIC and Sinopec have grown rapidly and are now top ten players.Continue reading
Agricultural & Specialty Pesticides Market Builds Momentum into 2010
Amid the drumbeat of dismal economic news from the past year, the market for specialty pesticides has been notable in that its decline was less than most other finished goods products. The agricultural/specialty pesticides markets actually held up well in 2008, but recent quarterly reports from basic producers indicates that the economy has now caught up with crop protection. With the buzz of the biofuels boom behind us, at least temporarily, growth in the agricultural market has tempered somewhat. However, even though consumer spending, consumer confidence, and nearly all other consumer market indicators are down, the consumer pesticides market shows some bright promise in the coming year—ironically, some of it driven by the economic downturn. For manufacturers and service providers in the lawn, garden, and pet products categories, there just may be a touch of silver lining the economic storm cloud. More…
Agricultural and Specialty Pesticides Market Builds Momentum into 2010 – Act Now to Ensure a Brighter Future
Most agricultural and specialty pesticides producers are, at this moment, grateful that the industry seems to have borne the brunt of the economic turmoil fairly well. However, we’re seeing strong indication that the effects may have simply been delayed.Continue reading
Consumer Products Show Promise for Specialty Chemicals Industry
Global Lubricants Industry: A review of 2009
The global lubricants industry entered 2009 with significant negative momentum. The last quarter of 2008 was very bad in terms of sales growth, and worse was to come. In the first quarter of 2009, sales volumes dropped 20% to 40% depending on the end-use industry, product, and region. The second quarter was flat. Recovery seems to have started sometime in the third quarter of 2009 in Asia – particularly in China and India, as well as Indonesia and South America. In Europe, Germany and France seem to have weathered the recession quite well and are on the road to recovery. On the other hand, the United Kingdom, Ireland, and Spain continue to struggle due to their own housing bubbles. The United States is recovering, but high unemployment will continue to be an enduring problem. More…
written by Milind Phadke, Industry Manager, Energy
