The Five Toughest Competitors to Beat in the Plant-Based Meat Market
Innovation and expansion are the two key strategies adopted by leading players to grow and sustain in the plant-based meat market. Furthermore, plant-based meat analog producers are strengthening their sustainability goals by making stronger commitments to reduce their carbon footprints and promote more sustainable food alternatives. Here are some of the most dominant plant-based meat analog producers: Continue reading
Sustainable Personal Care Ingredients and a Local Focus Trending in Africa
Strong GDP and Population Growth
The market for personal care products in Africa is set to grow at a massive pace due to population increases. Already, the continent has the highest population growth in the world at a staggering 2.7% annually; if the trend persists, population is set to double by 2050, and Africa will be home to a quarter of the world’s population.
In addition, Africa’s overall GDP increase is broadening the market for personal care products as the African middle class grows.
CHIP SHORTAGES & CONSEQUENCES: A New Angle to the Outlook for PCMO
Passenger vehicle OEMs were among the first to be affected by chip shortages at the end of last year. Continuous shortages have various impacts on the auto industry as well as the PCMO market. To learn about Kline’s point of view on the extent of the impact on the lubricants market, download the file by clicking the image below.Continue reading
How the Asia-Pacific Salon Industry Faced the Pandemic
As the pandemic continues to linger, the salon hair care industry in the Asia-Pacific region is rising to the challenge ― from expansion of e-commerce in China to fostering local salon brands in Australia. Here are some key developments that have taken place: Continue reading
The Salon Industry is Celebrating Some Highs After a Year of Lows
There’s a reason for the salon industry to celebrate: Retail product sales were up in the first quarter of 2021.
While it might be tempting to downplay gains following 2020’s pandemic-related lows, it’s important to remember that the majority of Q1 2020 was “normal.” According to Kline PRO USA, salon retail product sales in January and February of 2020 were indexing just slightly ahead of 2019; it was only the latter part of March that affected quarterly results. This year, meanwhile, started off with a bang, as the care categories of conditioners, shampoos, and treatments posted double-digit growth.Continue reading
NAK: Sizable Increases in Australia’s Salon Hair Care Market
NAK was one of the best-performing companies in the Australia market, registering double-digit growth as opposed to the average market (which declined at 7% in 2020). The company has been gaining traction over the years, driven by the “shop local” movement, and is now the third-leading marketer in Australia. NAK focuses on the hair care and hair coloring categories, with a minor presence in the hair styling category. To track brand performance in the professional hair care industry, follow our Salon Hair Care Global Series report.
STMNT: High-Performing, Gender-Free Grooming
Henkel joined forces with a team of barber industry disruptors—Julius Arriola, Miguel Gutierrez, and Sofie Pok—to create a new collection of high-performing grooming goods that are accessible to all, regardless of gender or style. The STMNT collection consists of lines personally created by each artist as well as a collaborative care line. The carefully curated portfolio, with a mission to “respect people that have bold, authentic statements to make,” debuted in the last half of 2020 and is currently ranked third of all brands launched last year. To monitor the progress of STMNT and other brands, follow our Kline PRO US and Canada offerings.
Evolving Industry: Consumer Healthcare Categories Pivot Toward Wellness
The consumer self-care industry is shifting in the wake of the COVID-19 pandemic, with both consumers and retailers focusing on wellness.
According to the University of California, Davis, “Wellness is an active process of becoming aware of and making choices toward a healthy and fulfilling life. Wellness is more than being free from illness; it is a dynamic process of change and growth. It is a state of complete physical, mental, and social well-being and not merely the absence of disease or infirmity.” Continue reading
[INFOGRAPHIC] WHAT IS RESHAPING THE PCMO MARKET? 2040 OUTLOOK
The global passenger car motor oil (PCMO) market is on the cusp of significant change due to many emerging technologies. The growth in electric and plug-in hybrid vehicles has the potential to reduce the consumption of PCMO. As ride sharing becomes more widespread, reliable, and economical, future vehicle owners may decide to forego vehicle ownership. The breakthrough of technological disruptors will result in a realignment of the market’s structure, with implications across the PCMO value chain. Autonomous vehicles still have a long way to go in terms of everyday use, but they may eventually find use in select applications, thereby impacting PCMO consumption.
This infographic is looking at:Continue reading
Home Scents: Unprecedented Growth Continues in 2021
After outstanding double-digit growth in 2020, the home fragrances market is poised to continue outpacing its pre-pandemic performance, with all-channel retail sales anticipated to maintain strong growth in 2021, according to Kline’s recently published Home Fragrances USA. Candles will be driving much of the growth for the next few years, as consumers will continue to work from home and place value on surrounding their home with scent. Existing trends will continue to reign, with premium products and extensive brand portfolios making an impact on the market. Continue reading
