Five Facts You Should Know About Today’s Beauty Indies
The vibrancy of the indie beauty scene has continued in 2023, with sales up 90% versus 2022, according to Kline’s recently published Beauty Indies: U.S. Analysis of Brands to Watch in partnership with NielsenIQ. This year, growth in this sector has outpaced the total industry more than tenfold, which is a result of retailer support and brands’ purpose-driven efforts, accessible pricing, and innovation that spans product development, brand messaging, and digital marketing.
Saudi Arabia, the UAE, and Kuwait’s Firm Commitment to Electrification and Sustainability
Countries across the Middle East are in the middle of a sweeping economic transformation. Governments are seeking to diversify their economy, turning away from oil and gas dependency to develop broader, more versatile economies. From Kuwait to the United Arab Emirates (UAE), ambitious plans are being rolled out to develop new industries and markets, with sustainability and greener, environment-friendly alternatives to fossil fuels at their core, as unveiled in our latest research on the lubricants market in the Middle East.
Excipients for Parenteral Pharmaceuticals Set to Grow, But Specialization Is Key
While oral administration remains the most preferred drug delivery method worldwide, the parenteral route plays a crucial role in global healthcare due to its ability to bypass the digestive system. According to our report, the global parenteral pharmaceutical market is projected to grow at a remarkable 7.5% rate over the next five years, surpassing the average industry growth in pharmaceuticals. This rise is driven by the increasing FDA approvals of parenteral new molecular entities (NMEs), primarily in the field of oncology, along with steadily rising in infectious diseases, cardiovascular, and diabetes treatment.
New Physician and Consumer Skin Care Findings Point to New Normal
All signs in our professional skin care research point to a reset in the demand for aesthetic services and skin care products in 2023 and moving into 2024. While there continues to be a high level of enthusiasm for medical-dispensing skin care and services amongst physicians and consumers alike, this will be the second year in a row of a slowdown in growth.
Green Policies Fueling Esters Demand Amid Global Economic and Inflation Challenges
Esters, produced through an esterification reaction between an alcohol and an acid, exhibit a variety of properties, which make them valuable in diverse industries. These versatile compounds find application in industries such as paints and coatings, adhesives and sealants, food and beverages, lubricants, and personal care, thanks to the multiple combinations possible from the abundant choice of acids and alcohols.
Gains for Vegetation Management Pesticides in the Utilities and Pipelines Segment
Sales of vegetation management pesticides to the electric utilities and pipelines segment have exhibited strong gains recently, growing more than 14% over the past three years, according to our Industrial Vegetation Management Market for Pesticides USA report.
Salon International London 2023 Recap: From Tech Breakthroughs to Hair Health and Education
Salon International London 2023 recently wrapped up, leaving beauty enthusiasts—including our own Industry Expert Giorgi Zarnadze, in our Beauty and Wellbeing space, who was on site—buzzing with excitement. This annual event once again proved to be a beacon of innovation, networking, and inspiration for the professional hair care industry.
Wellness Champions: Brands Addressing Hair Care Head-On
The health and wellbeing category is experiencing a dynamic evolution, particularly with the increasing convergence of beauty and wellness in recent years. Consumers are becoming more knowledgeable and selective in their choices, opting for products and practices that enhance their overall wellbeing. Consequently, they are seeking brands that align with their lifestyles and champion a holistic approach to beauty and wellness.
The Road Ahead: OEMs and Dealership Challenges and Opportunities
In recent years, original equipment manufacturers (OEMs) have been making efforts to transition their dealerships toward an agency model. This model gives OEMs greater control over their dealerships, with the dealers functioning more as service providers. This transition aims to enhance the customer experience and ensure brand consistency.
Navigating Emerging Trends in Industrial Surfactant Consumption
Industrial applications represent over one-third of the total global market volume of surfactants. They encompass a wide range of industries such as construction, paints and coatings, textiles, lubricants, food and beverages, crop protection, oilfield and mining, pulp and paper, and metalworking fluids (MWFs), with each requiring specific surfactant properties tailored to its unique needs. In 2022, the global consumption of surfactants in industrial applications reached 5.7 million tons (100% active basis), according to our just-published Industrial Surfactants: Global Market Analysis and Opportunities.
