Inflation has had a negative impact on the professional cleaning business of more than half of the respondents that we surveyed in our soon-to-be-published Janitorial and Housekeeping Cleaning Products USA, with many noting less hiring, reduced revenues, and higher costs associated with day-to-day operations. This situation is expected to continue as 78% of our sample indicated that they expect inflation to last for one to two years. In addition, nearly 60% of the respondents said that it is now more difficult to attract and retain employees than it was pre-COVID.
Kline’s latest agrochemicals report is providing consensus from distributors on program likes, dislikes, and suggestions for the future.
The professional scalp care segment showed a strong increase in sales last year. A stable 12% growth was seen across all regions and almost all country markets covered in our recently published Professional Scalp Care Products: Global Market Snapshot report. While scalp care growth is still behind the overall salon hair care market, its decrease in 2020 was also not as abrupt.
Last year, hair serums in the treatment category increased in revenue by almost 23% compared to the revenue of styling aid serums, which was up about 13%, according to Kline PRO USA data. This trend continued in 2022 as consumers keep expanding their hair care routine with products inspired by skin care.
A slew of factors caused global prices of pharmaceutical excipients to soar from 2019 and 2021 – with some jumping by a whopping 40%.
The market for pesticides and fertilizers used at horticultural nurseries and greenhouses has grown steadily in the United States, topping out at approximately $250 million in 2021.
Fungicides, herbicides (both pre-emergence and post-emergence), insecticides, and plant growth regulators are experiencing high growth in terms of sales volume in the United States.
As issues caused by climate change continue to cause worldwide concern, policymakers are scrambling to meet their future goal of becoming carbon neutral (or carbon negative). Among the initiatives they’re expending the most research and development efforts on: decarbonization and de-fossilization.
Institutional turf is a growing end use for makers of pesticides and fertilizers, but our research shows that turf farms have been contracting.
China’s lubricants market is on track for a downturn – and the slump is expected to last for the next decade. Continue reading