With gas prices continuing to hit record highs — and with the average per-mile cost of electricity for an EV currently less than half the average per-mile cost of gas, according to AAA — it’s no surprise that sales of electric cars are increasing. In fact, California became the first state to hit one million plug-in vehicles earlier this year. But despite such gains, there’s still one obstacle that’s hindering further growth.
Beauty is back in business with 2021 results reversing the losses that several categories, such as fragrances and skin care, faced in the year prior. The U.S. beauty and personal care market surpassed $85 billion in retail sales in 2021, an increase of $7 billion from 2019 sales levels. This is the market’s strongest performance in the last 10 years, with no signs of slowing down given the 6% CAGR forecasted for the market through 2026.Continue reading
Kline team members from around the globe got green(er) to celebrate Earth Day.
In India, staff members became gardeners-for-a-day to assist iamgurgaon, a citizen’s initiative focused on restoring the green habitat in Gurugram that has been lost to urbanization. Since its inception, iamgurgaon has planted more than 175,000 trees – its goal is to propagate 1 million local native species. The Kline group then made a stop at the Aravali oxy-van, a 180-acre forest restoration project, to help clear the grounds of weeds, plastic, and litter in preparation for tree planting. Continue reading
The global professional skin care market has almost doubled in size in 10 years, from $4.5 billion in 2010 to $8.5 billion in 2021. And the future looks robust, as sales are estimated to rise at a CAGR of 10% through 2026, which shows the strong momentum and opportunities that exist in this market.
In-Cosmetics was one of the very first major tradeshows to be canceled due to the COVID-19 pandemic back in 2020. At that time, very few of us had realized how challenging the situation ahead would be.
The New York International Auto Show (NYIAS), dark for the last two years due to the pandemic, officially opened its doors to the general public at the Javits Convention Center in NYC last Friday (it runs until April 24).
The invasion of Ukraine has caused various EU governments to focus on the need to reduce their dependency on Russian gas. In a plan released in March 2022 (REPowerEU), a blueprint was laid out to gain energy independence from Russia while, at the same time, strengthening and accelerating the transition to net-zero. European policy officials affirm that the move toward energy independence will take effect at “lightning speed.”
Protecting the environment has taken on global urgency, with the world increasingly focused on sustainability efforts. This has driven demand for global biopesticides, biostimulants, and biofertilizers.
The pandemic accelerated key market trends in the industrial and institutional cleaning industry over the past two years, causing dynamic changes and driving growth. Today, these trends continue strong.
Professional Beauty London’s first-ever hybrid event drew fewer attendees than in pre-COVID days, but it still wowed with a variety of offerings.