Innovation is the single biggest driver in the mature $64 billion U.S. beauty market. Consumers crave newness and, more than ever, demand value-added products that are not only “new and improved,” but truly deliver results. On May 15, 2015, CEW hosted its 21st Annual 2015 Insiders’ Choice Beauty Awards to recognize some of the industry’s most innovative beauty launches from 2014. In this blog post, we’ll take a look at a few award winners that had a positive impact on the beauty market.Read More »
The natural and organic personal care market has registered double-digit growth for the sixth consecutive year since Kline began reporting the burgeoning segment separately in 2007. Now at nearly $30 billion in global sales at the manufacturers’ level, natural beauty has solidified its position as a mainstay in the industry and as much more than a passing fad.
Growing consumer awareness and increasing efficacy of natural personal care products continues to attract consumers who are looking to move away from chemically processed personal care products. Plant-based ingredients were once enough to entice consumers; today a product’s function and efficacy are now regarded as at least as important as the ingredient source by many consumers.Read More »
The dynamic and hard-to-track professional hair care market continues to evolve each year. Care products, consisting of shampoos and conditioners, is the fastest growing category, advancing 3% globally in 2013. The conditioners category remains vibrant, particularly the treatment segment, which has begun to shift away from oils in favor of multi-benefit and hybrid products, a trend spurred by Revlon’s Uniq One.
Hair colorants are also gaining share, driven mainly by the continuation of the low/no ammonia trend which began in 2009 with the launch of INOA by L’Oréal Professionnel. In 2013, the segment evolved into new sub-segments, such as colorants with conditioning properties and those that are free from potentially harmful ingredients. The popular low/no-ammonia segment surged by 41% in North America, but still has relatively low penetration, especially when compared to Western Europe, which represents the majority of the segment’s sales.Read More »
The U.S. beauty industry has gotten off to a slow start in 2014 due to severe winter conditions and record low temperatures across much of the country, which kept consumers indoors and out of stores. As a result, many packaged goods categories showed soft sales in Q1, and the professional beauty segment is no exception. Things seem to have picked up in Q2, and Kline is optimistic that momentum will continue into the second half of the year.
Final results are still in the works, but Kline’s preliminary research points to a low, single-digit increase for the U.S. professional beauty market for the first half of the year.Read More »
Revlon has re-entered the professional beauty business with its acquisition of Colomer for $660 million—13 years after it initially sold this same business to CVC Capital Partners for $315 million—a move which returns the Revlon Professional business back “home”. The 2000 sale was part of a plan to help Revlon reduce debt and return to profitability, a plan that appears to be finally yielding benefits. In the years following the divestiture, Revlon continued to suffer from steep profit losses, a revolving door in top leadership, and various facility closures.Read More »
Within the hive of activity at Cosmoprof North America held in Las Vegas July 14-16 was a florid melody of bold nail shades, a swarm of keratin-inspired products, and international brands hailing from Brazil to Turkey.
There were many enticing opportunities to catch one’s attention. However, something different caught the eye of the Kline team. In the “Discover Beauty” pavilion, which is devoted to distinctive and emerging brands from around the world and featured brands such as African Botanics, Greenland, Jenetiqa,Read More »
The beauty industry sees out 2012 retaining its radiance, but revealing differing strengths across various markets and segments. The two niche market segments, in particular, boasting highly encouraging double-digit growth, should be on everyone’s watch list.Read More »
Nearly 200 of the fragrance industry’s elite were in attendance at The Fragrance Foundation’s annual members-only State of the Industry event, held on November 15, 2012, at the Harvard Club in New York City. Carrie Mellage, Kline’s Director of Consumer Products practice, attended the event where she presented, among other data, the findings from Kline’s recent survey on fine fragrance.