Hot Tools Market Performance in 2020

Hot Tools Market: Belgium Sprints Ahead of France and the United Kingdom

Belgium’s hot tools market grew by almost 8% in 2020, driven by the exceptional e-commerce sales of L’Oréal and Dyson in the last quarter, according to Kline’s just-published Hot Tools: Market Analysis and Opportunities report. In contrast, the other two markets covered in our study – the United Kingdom and France – declined by 2% and 5%, respectively.Continue reading

L’Oréal Professionnel Stepping Up Its Innovation Game with Steampod 3.0

L’Oréal Professionnel: Stepping Up Its Innovation Game with Steampod 3.0

LOréal Professionnel has been present in the hot tools market for several years with its sole Steampod device, but the latest generation of the product has created significant buzz in the industry. Steampod 3.0 paved its entry in the market in late 2019; the expansion of its limited distribution network was a major focus in 2020, leading to double-digit growth across European markets. Steampod 3.0 is being touted as a tremendous innovation in the straighteners category. Its steam properties have caught the attention of many other marketers who are trying to replicate the same in their straighteners. For additional brand insights, follow our Hot Tools: Market Analysis and Opportunities report.