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.
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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
Maria Nila: Vegan and Cruelty-Free Nordic Brand Making Waves in Western Europe
With 15% growth in Western Europe coming mostly from its home market in Sweden, but also from Germany, Maria Nila is one of the exceptions in terms of professional brands that are growing healthily during the pandemic. The brand portfolio is 100% vegan and animal-friendly and produced in Sweden, making it appealing to the demanding consumers of Western European countries. For additional brand insights, follow our Salon Hair Care Global Series report.
The Crucial Players Within Renewables: Green Hydrogen for Europe and Natural Gas for the Rest of the World
The reason for the steady growth of natural gas consumption, and subsequently, its production, can be attributed to multiple factors. In addition to the conditions of the global economy, crude oil prices, ease of installations of clean energy sources, availability of natural gas in regions with high demand, monetization of natural gas, and global trade logistics play a key role in shaping the consumption of natural gas. However, the primary driver for the natural gas market is environmental consideration.
The GelBottle: Diversifying in Nail Care
The GelBottle has been making waves with its international expansion. The U.K.-based brand started off as a gel polish company and now offers nail enhancements within the same label. It has also expanded its business with its sister company, Peacci, offering only nail polishes. For additional brand insights, follow our Professional Nail Care: Global Market Analysis and Opportunities report.
United States Outperformed United Kingdom in the Professional Nail Care Market
COVID-19 pandemic measures massively disrupted the ability of U.S. and U.K. nail salons to perform services, but new research by Kline finds that the United Kingdom took a much bigger hit.
According to Kline, the United Kingdom experienced a decline of 60% in 2020, while the United States decreased by 30%. From March to May, both markets faced lockdowns; however, subsequent lockdowns were imposed in the United Kingdom throughout the rest of the year, and this is the primary factor for the U.K.’s dismal market performance. Continue reading
