The Chinese professional skin care market grows by nearly 7% in 2018, higher than the global market growth of 6%, according to Kline’s just-published China volume of our annual Professional Skin Care Global Series report. China continues to be the largest market for professional skin care products, accounting for approximately 40% of global sales in 2018. Significant growth of the medical care providers and retail channels primarily drives overall sales of the Chinese market.Continue reading
The professional skin care market in Europe continues on an upward path, closing another dynamic year in 2018 and registering higher growth than the previous year by almost 5%. Attend our live presentation on Tuesday, January 29, at 10 AM CET to learn about the latest developments in this market based on our recently published Professional Skin Care Global Series report.Continue reading
Quality sleep is a major issue for many Americans. According to data compiled by the American Sleep Association, 50 to 70 million adults in the United States suffer from a sleep disorder. Insomnia is the most common with short-term issues reported by 30.0% of adults and regular insomnia by 10.0%. Sleep disorders tend to become aggravated with age, as 40.0% of people aged 40 to 59 years report short sleep duration, compared with 37.0% people in the 20 to 39 years age group. The National Sleep Foundation estimates that 43.0% of Americans between the ages of 13 and 64 rarely or never get a good night’s sleep on weeknights, and 60.0% experience disruptions in their sleep every night or almost every night.Continue reading
Both consumers and foodservice professionals alike share concerns over food-borne illness and preventing such outbreaks. The cleanliness of food preparation areas, surfaces, and wares used to prepare and serve food are of utmost importance. In fact, food safety compliance was the single most important issue among over 700 foodservice professional respondents surveyed recently by Kline. Employee training was a close second in terms of importance with other trends, such as minimum wage increases, Internet of Things (IoT), green cleaning, labor-saving devices, the impact of social media on their business, and online reviews, being of secondary importance.
The market for natural OTC products continues to see double-digit year-over-year sales growth, while the traditional OTC market struggles with only 2%-3% growth each year. Kline defines natural OTCs as drug-free, non-monograph products that may contain natural, plant, or herb-based ingredients. Natural OTCs can be homeopathic products and often make claims of support, prevention, maintenance and/or treatment of minor ailments. What seems to work for natural OTCs is honesty and transparency of ingredients. Millennials are driving demand for natural OTC products that have natural ingredients and help treat minor ailments without harmful ingredients or unwanted side effects. Millennials are also becoming parents and are also demanding natural products for their children.
The year 2018 has proven to be another strong year for the nail enhancements category, although it was powered by the new segment of sculpting hybrid gels or poly-acrylic gels as opposed to dipping powders, which was the big rage behind the category’s growth in 2017. That said, it is worth mentioning that dipping powders continued to enjoy popularity in 2018. However, the growth was not as phenomenal as 2017, as the segment witnesses saturation with most of the marketers already offering a dipping powder system as a part of their portfolio. The only novelty evident for dipping powders is that of marketers introducing new shades as a part of their seasonal collections.
Demand for heavy duty motor oil (HDMO) in trucks in China is estimated to increase at a compound annual growth rate (CAGR) of 0.6% through 2022 based on the most likely scenario of the recently published Heavy-Duty Motor Oil: China Channel Dynamics and Opportunities for Trucks, Buses, and Construction Vehicles report. In particular, the heavy trucks population, estimated to have 5% to 7% annual growth through 2022, will drive the demand.
The global shipping industry faces a period of immense economic and technological challenges. The industry continues to suffer from overcapacity and poor profitability. At the same time, emission limits are set to tighten in the coming years. Engine OEMs, ship owners, oil refiners, and bunker fuel suppliers all face difficult strategic decisions for complying with the new emission regulations while enhancing profitability.
Kline & Company is well known in the industrial and institutional (I&I) cleaning industry for research, analysis, and insights on janitorial and foodservice cleaning chemicals, laundry chemicals, and cleaning wipes. This week, Kline is pleased to announce the launch of a brand new report for the industry — Floor Care Pads and Tools: Market Analysis and Opportunities. Research is kicking off this month and will focus on the markets for floor pads, mop heads and floor cleaning tools, key players, brands, and understanding end users’ preferences and usage patterns.
This interview was originally published in Expression Cosmétique Guide des Ingrédients Cosmétiques 2018, p.28-30, www.editionsbgm.fr
The cosmetics industry and its upstream players are moving on with their transformation. Nikola Matic, Head of the Chemicals & Materials Department for Kline & Company, shares with us the main changes in the industry and the future trends.
Can you give us an update on the sales of ingredients in 2017?Continue reading