Three Reasons for Chemical Suppliers to Focus on Shale Oil and Gas
The rebounded prices for crude oil help the production of shale oil and gas to recover, after the all-time low in 2016. Manufacturing costs for shale oil and gas, specifically in the United States, have also fallen by almost 25-30% in the last few years, resulting in increased production from these sources. The United States and Canada are the leading suppliers of oil and gas from shale and tight resources, together accounting for more than 90% of the global market. In the long term, U.S. production of shale oil and shale gas is expected to double by 2035 and 2040, respectively. Canada will also double the production of shale gas by 2040. As a result, the consumption of chemical additives used in the development of these fields is set to grow.Continue reading
The Struggle is Real…at Least for Independent Hair Salons
A double-digit decline is definitely not a good way to kick off a new year. The Kline PRO database, which is based on actual salon transactions, shows that retail product sales to clients in the first quarter of 2017 are down by nearly 13% over the first quarter of last year. For those that were hoping to shake off 2016’s 5% overall slide, it could be a long year.
Why is this happening, and what can be done to turn it around? The landscape of the professional salon industry has changed in recent years. Competition for sales is fierce and coming from all sides: big chain salons, beauty super stores, diverted product retailers, and the Internet.Continue reading
Male Grooming Reaches New Heights in the Cosmetics and Toiletries Market
Male grooming, one of beauty’s most dynamic segments, has undergone an irreversible change over the past several years, reaching a USD 4.5 billion mark in 2016, with an over 3% growth rate. With our Male Grooming Products: U.S. Market Analysis and Opportunities report close to publication, Kline’s expert Naira Aslanian reveals some exciting highlights from it.
What drives the male grooming market?
The market is driven by increasingly aware male consumers putting more emphasis and effort into the way they look and feel, fueled by the easy accessibility of products through the Internet, which continues to propel the sector forward.Continue reading
How Indie Brands Are Reinventing Beauty
Beauty indie brands continue to unfold their power, contributing to industry growth with double- to triple-digit gains. Unique concepts, authentic stories, innovative ideas, customized solutions, and exotic ingredients, all supported by the digital force are behind the success story of indie brands. Heightened consumer interest in these focused, fine-tuned beauty brands brings these niche players into the spotlight. While overnight successes, like IT Cosmetics, Too Faced, and Becca, have been acquired by major companies, new brands, such as Nudestix, Glossier, and Kylie Cosmetics, have become the hot topic in beauty with their audience-focused approach to product and brand development.Continue reading
Revealing important changes in the jansan cleaning industry
What are the key changes and emerging trends in the jansan cleaning chemicals market? Kline reveals important findings from its upcoming Janitorial and Housekeeping Cleaning Products: U.S. Market Analysis and Opportunities research program.
Increased square footage of resilient hard surface flooring has reduced the need to strip/wax floors. Rubber flooring, solid vinyl tile, linoleum, and synthetic resin are becoming popular options for high-traffic commercial spaces, as they often offer lower maintenance requirements. As a result, the market for floor finishes and coatings shows a decrease compared to 2014 market data.Continue reading
Digestive Immunity is a Hot Growth Category Propelling Sales of Probiotics
Digestive disorders affect nearly 70 million people in the United States, or about 20% of the population. Alongside this dramatic number, a growing number of consumers seek to improve immunity and understand the strong link between the digestive and immune systems. These two groups of consumers help to propel strong sales of probiotics. The market for digestive health products is growing at over 20% in 2016, finds Kline’s just-published Digestive Health, Immunity, and Probiotics: U.S. Market Analysis and Opportunities study. Continue reading
The Scented Home: What’s Trending at NY NOW
From new candle sizes to vibrant colors to limited-edition collections and scents, the trends we predicted in the home fragrances market for fall/Christmas 2017 made their debut this week at the NY NOW Gift Show.
Many of the home fragrance exhibitors that we visited are market-movers, including Archipelago, Chesapeake Bay Candle, Illume, Nest Fragrances, and Voluspa, all who recorded double-digit gains last year according to Kline’s 2016 Home Fragrances: U.S. Market Analysis and Opportunities report. Increasingly, these luxury players are bringing new elements of sophistication to the market from a scent and design perspective. Some of the highlights of what we saw on the exhibition floor are discussed below.Continue reading
The Global Professional Nail Care Market: Evolution and Future
Once a solid market with double-digit growth rates, the global professional nail care market has slowed down in recent years, registering growth of a little over 5% in 2015 and 2016 alike.
The revolutionizing gel polishes category was the major driver behind the professional nail care market from 2011-2013, aided by the nail polishes category. Although more expensive than regular nail polishes, gel polishes was the fastest-growing category due to its ability to provide long-lasting, chip-free color with ease of application due to their packaging in nail polish-like bottles. Companies continue to develop technologically advanced gels by bringing about improvements in formulations, setting methods, and the removal process.Continue reading
Augmented Reality Shakes Up the Professional Hair Appliances Market
The professional hair care appliance market continues to grow steadily in the United States, at about 3%, driven by new innovations, players, and ways of thinking in all categories.
In 2016, Dyson, a manufacturer known for its vacuums, shocks the professional hair dryer market by launching a new hair dryer that borrowed technology from its vacuums to change the way stylists and consumers dry hair. The Supersonic dryer took six years to develop, is quieter than most hair dryers on the market, and is unique in the way the air comes out through an open-ended sphere rather than an elongated nozzle. Other companies continue to shake up the industry as well. Continue reading
U.S. Consumers Demand Innovation in Personal Care
Savvy consumers have a sense of how advanced technologies can help attain a better, younger-looking and healthier complexion. End users in the United States consider expensive purchases as an investment in their appearance and self-confidence. As a result, cosmetic products that apply novel solutions with premium pricing are well-accepted, which adds to healthy growth of the U.S. market for active ingredients. According to Kline’s Specialty Actives in Personal Care: Multi-regional Market Analysis and Opportunities report, the market reached USD 365 million in 2016. To meet the demand for effective solutions, the supplier landscape is becoming highly competitive in terms of innovation, from new technologies to new ingredient categories and applications. In this article, we look into the most innovative solutions available on the U.S. active ingredients market.Continue reading
