Global finished lubricant demand reaches an estimated 40 million tonnes in 2017. PCMO/MCO continues to lead the finished lubricant demand after taking over the leading position in 2016. The demand is forecast for minimal volumetric growth; however, growing segments, including synthetics, low visgrades, and alternative fuel vehicles (AFV), among others, offer a myriad of opportunities for all suppliers.
Kline estimates that Shell is the number one global supplier of automotive and industrial lubricants for the 12th consecutive year, followed by ExxonMobil. The top five global lubricants suppliers — Shell, ExxonMobil, BP, Total, and Chevron — account for more than a combined one-third of global lubricants sales in 2017.Continue reading
Salon International is the United Kingdom’s biggest hairdressing event and one we couldn’t miss — especially now, with the upcoming publication of our hot topic report, Professional Hair Care Retailing: Channel Analysis and Opportunities, and the expansion of our groundbreaking salon data tracking service Kline PRO into the United Kingdom and Ireland markets. With more than 400 brands exhibiting, the show offered a solid scene to uncover some of the latest novelties, trends, and developments in the salon hair care market. Here are some that caught our eyes the most:Continue reading
As of today, every province in Canada and eight U.S. states have legalized cannabis for both medical and recreational use. Other U.S. states are expected to follow suit in the short-term, seeing value in its therapeutic effects as well as tax revenues from the legal sale of such products. In fact, New Jersey’s Governor Phil Murphy announced he may sign a bill to legalize cannabis use by the end of October if state lawmakers can agree on an acceptable tax rate, ranging anywhere from 10% to 25%. The Trump administration announced last week that it intends to pursue legislation lifting the federal ban on cannabis after the mid-term election on November 6, 2018 and some predict this could happen as soon as Spring 2019.Continue reading
As marketers fight to stay on top of the fast-paced professional skin care market, there is a vital need to take stock of consumers and what they value most when it comes to the treatments, brands, and types of products offered in professional skin care dispensing outlets. Often, marketers can misjudge what is most important to potential consumers, leading to oversights in their consumer-centric strategies. In addition, marketers may not realize which attributes are of the greatest importance to the consumer and may be spending unnecessary resources on perfecting an area that is already viewed positively.Continue reading
Learn more about the turf and ornamentals market in France, Germany, Italy, Spain, and the United Kingdom.Continue reading
If you are interested in the webinar, please register by Tuesday, October 16.A variety of challenges and developments within the global basestocks industry continues shaping the market landscape. Moreover, demand for synthetic lubricants, driven by OEM recommendations and regulatory changes, drives demand for synthetic basestocks.
Attend our live presentation led by two key Kline experts, Anuj Kumar and Sharbel Luzuriaga, on Wednesday, October 17, 2018 to gain understanding of the current status of the mineral and synthetic basestocks industry with insights sourced from our two just-published reports Global Lubricant Basestocks and Global Synthetic Lubricant Basestocks.
- How is basestock demand likely to evolve amid the changing demand patterns in finished lubricant demand and new basestock supply creation?
- How is new supply altering global trade flows?
- What will be the impact of new basestock production technologies on global synthetic lubricants basestock demand over the next five years?
The first half of 2018 results from Kline PRO USA, our powerful tool for the salon industry based on transactional data, is in. Unlike previous years when Q1 sales routinely fall off after strong fourth quarters that are fueled by holiday activity and gift card sales, Q2 historically trends back up with an increase of 3% to 4%. That did not happen in 2018 − Q2 sales fell 0.6%. While that percent is barely noticeable, it is not consistent with what is normally seen and does not bode well for Q3, which is customarily the weakest quarter of the year.Continue reading
The European market for at-home beauty devices sees an influx of new market entrants from established beauty marketers, helping to keep it lively in 2017. These new launches create curiosity among new and current device consumers, enticing them to try the innovations.
L’Oréal’s luxury skin care brand Carita enters the at-home beauty devices market with the My C.L.E. cleansing device, which uses a combination of electric microcurrents and light therapy and claims to target anti-aging by improving skin firmness and skin radiance. Beiersdorf, a prominent skin care marketer, also enters the at-home beauty devices market with its Nivea brand in 2017. With the Nivea Pure Skin Electric Cleansing Brush, the marketer penetrates the cleansing skin care category.Continue reading
Sustainability has become an essential part of corporate growth strategies. The lubricant industry is increasingly playing a decisive role in achieving improved sustainability performance.
Sharbel’s presentation will navigate through the global bio-lubricants market and analyze opportunities existing in the key global markets, across end-use applications. Additionally, a brief description on the holistic approach the industry is taking in order to reconcile sustainability, cost, and performance, will be also provided.
LOCATION: Hilton Budapest
Nature-inspired products, social influencers, technology, indie brands, millennials and the rise of Gen Z are key trends shaping the U.S. cosmetics and toiletries market. Recording solid growth of 4% in 2017, the ever-evolving beauty market is poised for another year of success.
As we begin our research for the 44th edition of our legendary Cosmetics & Toiletries USA 2018 report, encompassing five product classes and 19 product categories, we take note of important developments and highlights. Continue reading