Conflicting news reports abound about the state of the luxury market in 2012, and the jury is still out on where the year will end up for the cosmetics and toiletries industry as a whole. Some reports show luxury companies like Ralph Lauren missing revenue goals and lowering EPS in the second quarter of 2012, and a cluster of such reports in August point to skittish high-end consumers putting down their credit cards. Continue reading
With the 2012 Olympics officially inaugurated and people all over the world watching and cheering on their teams, these are exciting times, as well as a source of inspiration for cosmetics collections. Limited-edition products in medal-winning shades are a must for those who can’t make it to London, but want to deck themselves out in Olympics-inspired products to show their support at home.
As the Asian American community passes the average American population in spending power and becomes the fastest-growing ethnic group in the United States it has gained the attention of the media and businesses as an attractive market segment.
The Asian community grew 43.3% from 2000 to 2010, to 14.7 million. This rate of growth is higher than Hispanics and all other groups.
Recently at in-cosmetics Barcelona, Nikola Matic, Kline’s Chemicals and Materials Project Manager, delivered the presentation Opportunities in Skin Care: Exploring Specialty Actives where he shared insights gleaned from Kline’s latest findings: Specialty Actives in Personal Care: Multi-Regional Market Analysis and Opportunities. These included the significant drivers and trends behind the growing ubiquity of specialty actives and how multifarious consumer demands are shaping the market and affording formulators ever greater opportunities.
Shortly afterwards, Matic was interviewed by Michelle Yeomans on behalf of William Reed Business Media. Watch this short, but informative interview here.
Read Matic’s incisive article Does the Consumer Drive Actives Development? here.
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The natural care segment within the personal care market has seen a compound annual growth rate of 13.8% over the last five years, culminating in an estimated global $26.3 billion in 2011. That’s serious business and while its momentum is expected to slow a little, the natural personal care market is still projected to maintain far above average industry growth.Continue reading
Although Hispanic families suffered significantly with the economical turmoil, their purchasing power remains strong.
The Hispanic market in America is a dynamic, complex market segment composed of multiple groups of distinct cultures. Hispanic or Latino is the largest minority group in the country, comprising 16.3% of the total population and growing at a very fast rate. With the ever increasing population of Hispanics in the United States, there has been a tremendous increase in their spending power as well. Thanks to their culture of high grooming standards, the young Hispanic population uses personal care products frequently and likes to experiment with new products.Continue reading
The direct sales channel in BRICs outpaced the worldwide beauty sales growth of 4.7% CAGR from 2006 through 2011 by more than double! In China alone beauty sales through the Internet have grown by nearly 200% over the last 5 years and are valued at $3.5 billion in retail sales.
Seize these opportunities!
Karen Doskow, Kline’s Industry Manager, Consumer Products Practice, will share key findings from our recently published report: Beauty Retailing Through Direct Sales in Emerging Markets 2011: Channel Analysis and Opportunities in a webinar on Wednesday, March 28, 2012 9:00 am (U.S. Eastern Daylight Time).Continue reading
Grab your calendar quick!
Clear July 11 and 12 for InnoCos USA in New York City – an essential Cosmetics and Personal Care Industry rendez-vous!
Kline is proud to be part of this must-attend event for innovation, new product development and marketing for executives in personal care and cosmetics. InnoCos USA is a compelling and valuable opportunity to meet and mold the future, maximize knowledge exchange and to generate actionable results.Continue reading
Three of Kline’s industry experts and beauty mavens—Carrie Mellage, Karen Doskow, and Donna Barson—attended the Cosmetic Executive Women’s Beauty Awards Product Demonstration held March 7, 2012 at New York’s Metropolitan Pavilion. This much anticipated event showcases the latest and greatest product offerings from hundreds of beauty brands, while attendees leave with the mother lode of all goodie bags. Some exciting products spotted by Kline include:Continue reading
With over 25 years of industry experience, Kline’s Eric Vogelsberg, Senior Vice President of the M&A and Corporate Development Practice, brings an authoritative and qualified perspective.
While 2011 ended in uncertainty, Eric sees the M&A environment as remaining fundamentally strong and fecund.
On April 18, 2012 at in-cosmetics Barcelona Eric will discuss the current M&A environment and key underlying trends and drivers and share his views on the impact on the personal value chain. He will examine how the continued consolidation and evolution of players will alter the structure of the business and the competitive landscape, and he will help you understand why personal care remains one of the hottest spaces in M&A.
Hear Eric speak on Future M&A Trends and Drivers Across the Personal Care Value Chain at in-cosmetics Barcelona, April 18, 2012 at 12:30PM in the Marketing Trends Theatre.