Increased OEM Attention May Drive Greater PCMO Demand to the Franchised Workshop Channel Globally
The original equipment manufacturer (OEM) franchised workshop (FWS) channel accounted for nearly a quarter of global PCMO demand in 2020 and is projected to grow at a faster pace than the overall PCMO market. Asia-Pacific leads in volume, while Europe leads in channel market share. The growth in the OEM FWS channel compared to others―such as the independent workshop (IWS) and local garage channel―is due to greater investment by OEMs and their dealers in retaining customers for after–sales service, as well as changing consumer preferences. Continue reading
Perms Are Bouncing Back
Love it or hate it, genetics determine your natural hair. Still, some people want to switch up what nature gave them, and changing the texture is one way to do that.
In the ’80s, perms were popular, but they fell out of favor due to damage caused by the chemical procedure used to break hair bonds and change their structure. Perming even became a health concern for both consumers and stylists. Moreover, clients did not want to be locked into a particular look and wanted the flexibility to have curly hair one day and straight hair next day. Continue reading
Nutraceutical Actives: What Manufacturers and Suppliers Need to Know
Consumers’ mounting health concerns, rapidly growing aging populations, the occurrence of chronic diseases, and the willingness to replace pharmaceutical agents are driving the market for nutraceutical actives in Europe and the United States.
The territories are two of the three key regional markets for nutraceutical actives, together accounting for around USD 8 billion; the U.S market is estimated to be higher in value.
Other reasons for the market increases include healthy lifestyles focusing on wellness, along with the rising number of gyms and fitness enthusiasts. Continue reading
Factors Impacting HDMO Demand
The launch of the newly redesigned, on-highway Model 579, class 8 tractor by Peterbilt Motors Company inspired Kline to make some observations about the HDMO market, and we would like to share them in our new series, Kline Energy Reflections Under a Minute. In it, we’ll offer our reflections on the most current news and what’s been trending around the world in our industry. Continue reading
Range and Pasture Managers Show Concern About Herbicide Usage Gaps and Needs
The industrial vegetation management market, as Kline defines it, is broken down into six market segments: rangeland and pastureland, forestry, roadways, railroads, aquatic areas, and electric utilities and pipelines. In each of these segments, herbicides are used to control unwanted vegetation for different purposes. Out of all six market segments, rangeland and pasture is the largest in terms of overall acres and the amount spent on herbicides. Kline conducted a structured interview survey with 300 range and pasture managers in the United States to identify market trends; it included an analysis of pasture weed control as well as invasive weed control in rangelands.
How are Retailers Supporting Black-Owned Beauty?
More and more retailers are joining the movement to help end racial injustice and discrimination. In June 2020, Sephora became the first major beauty retailer to take Aurora James’ 15% pledge, which calls on retailers to commit to a minimum of 15% of their shelf to Black-owned businesses. Some of the Black-owned brands already carried by Sephora are Fenty Beauty, Pat McGrath Labs, Briogeo, Adwoa Beauty, Golde, KNC Beauty, and Shani Darden Skin Care. The retailer also recently revamped its Accelerate incubator to specifically focus on assisting BIPOC (Black, Indigenous and People of Color) founders. Later in November 2020, Macy’s, Bloomingdale’s, and Bluemercury also came on board to support this initiative.Continue reading
Recent Growth Drivers in Analgesics
In what is normally a slow–growing category in the 0.5%-3.0% range for year–over–year performance, the internal analgesics category witnessed much stronger–than–average growth rates in 2020. Consumers stocked up on pain relievers and fever reducers to be prepared for coronavirus. The overall internal analgesics category witnessed sales growth of more than 6.0%, with the Tylenol brand up nearly 40% and Motrin IB (both by Johnson & Johnson) up nearly 100% compared to 2019 sales. Continue reading
How LubesNet Evolved into the Data Tool of Tomorrow
The latest release of Kline’s LubesNet database, on January 27, 2021, marked a significant milestone in its history: 15 consecutive years of offering market data and insight into the global finished automotive and industrial lubricants industry. LubesNet presents, through a user–friendly and intuitive platform, global, regional, country market, market segment, product type, and viscosity grade lubricants demand data featuring a five–year historical view, 2020 base year view, and two forecast year views. This latest release includes Kline’s assessment of the impact of COVID-19 by country market with a comparison to 2019 demand, plus Kline’s forecast for recovery as markets emerge from lockdowns and economic activity returns to pre-pandemic levels.
Holiday Foot Traffic in Beauty Boutiques Down 45% in 2020
As the beauty industry approached its most important shopping season of the year, there was ambiguity regarding what the final picture would look like for single-brand retailers like Lush and Bath & Body Works, which are renowned for luring consumers with exclusive in-store experiences, desirable promotions, and giftable items. Now, after the holiday months, Kline’s analysis of foot traffic data from SafeGraph reveals that holiday foot traffic for this channel of the beauty industry was down 45% in November and December. Despite this significant drop, sales did not decline as significantly, courtesy of higher consumer spending and stocking up during visits. Continue reading
Five Hot Spots to Watch in Salon Services
There’s no doubt that salons faced unimaginable challenges in 2020 and continue to re-evaluate how to do business; providing the right mix of services is a key factor in that process. Data from Kline PRO provides insights on the performance of salon services and retail products that can help map the road to recovery in the days ahead. Notable findings on salon services from our recent publication are:
Waving Services (Yes, Perms!)
If you wait long enough, everything comes back in style, and this seems true for perms. The start of 2020 saw an increase in perms and resumed in June when salons began to reopen.
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- Q3 saw 16.7% more perm services than Q3 2019.
- Revenue was up 20.2%.
- The average price for a perm and cut is $91.54 (+2.2%); perm only is $78.59 (+3.3%).
