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298 posts categorized "Beauty and Personal Care"

August 15, 2014

Innovation and Development in Oral Care

EURO_NT_Nicholas.Micallef_LThumbWith Nicholas Micallef, Beauty and Personal Care Research Analyst

Phillips and Braun are on the forefront of toothbrush technology, with Braun introducing products such as the Oral-B Pro 6000 SmartSeries, which monitors brushing times and habits and sends information to a user’s smartphone via Bluetooth. Innovations in the toothpaste market include Colgate’s sugar acid neutralizing toothpaste and Unilever’s Regenerate, which claims to rebuild lost enamel. Preventative care is becoming an important facet in oral care and products that assist consumers in these goals will perform well in the next five years.

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August 14, 2014

HBA Global 2014 Recap: First Aid Beauty's Success in South Korea

To successfully enter a new country, beauty companies need to be aware of the retailing and economic conditions as well as the needs of the consumers in that country. US-based skin care company First Aid Beauty (FAB) is a successful example, performing well in the ultra-competitive South Korean beauty market. FAB markets its products as medicated and safe for skin which appeals to South Korean women who purchase dermo-cosmetic brands such as Avene. FAB also promotes their products as hot-selling in the US, providing extra cachet. FAB sells its products in local Korean health and beauty retailer Olive Young, which promotes to young Korean women.

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August 12, 2014

Euromonitor to Speak at COSMEETING Paris

Event: Cosmeeting 2014

Date: September 9-11, 2014

Location: Paris, France

Event Description: For 3 days in 1 prime location, COSMEETING Paris is offering the most comprehensive and innovative selection of finished products targeted to all distribution networks. Get an exclusive preview of the latest trends and beauty products!

 

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August 7, 2014

HBA Global 2014 Recap: L’Occitane's Success in Brazil

To successfully enter a new country, beauty companies need to be aware of the retailing and economic conditions as well as the needs of the consumers in that country. A successful example of a beauty company entering a new market is L’Occitane’s entrance into Brazil. In order to compete with local beauty players and avoid the high import tax in Brazil, L’Occitane created a new line of locally manufactured products called L’Occitane au Bresil. The products mirror the success of Brazil’s own Natura, which offers products made with local ingredients, by using indigenous plants in the products.

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August 6, 2014

Three Challenges Answered by Procter and Gamble’s Divestment Strategy

 

Procter and Gamble’s decision to divest 100 brands falls in line with the company’s mantra of efficiency and innovation but also aims to answer three key challenges the company is facing. First, by focusing on key brands only, Procter and Gamble is attempting to stay relevant in developed economies where markets are often saturated. Second, P&G has fallen by the wayside in emerging markets and the divestment is a way to focus more attention to a select few brands in these economies. Third, the key brands P&G are left will compete with local players in select markets.

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August 5, 2014

Using Brand Loyalty to Tailor Product Offerings in Beauty and Personal Care

 

Investigating consumer's brand loyalty provides insight on how a company can tailor offerings to the needs of specific buyers. For example, Euromonitor International's recent survey on apparel, beauty and grooming found that in facial care, 50 percent of consumers stick to one trusted brand but in nail polish 55 percent of consumers switch between brands on a regular basis. Looking at a brand's market performance highlights these results. For example in 2008-2013, skin care brand L'Oréal Paris expanded its market value share by 50 basis points while L'Oréal's Maybelline line remained flat over the same period.

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HBA Global 2014 Recap: Beauty Goes Digital

VirginiaAnalyst Insight by Virginia Lee - Senior US Research Analyst

View Virginia Lee's profile on LinkedIn

The HBA Global conference took place in New York City’s Javits Center from 10-12 June. Digital beauty was a big theme at the conference as speakers talked about how growth in e-commerce, digital products, and social media has impacted the beauty industry.

Consumers Going Online to Buy Beauty Products

Online beauty sales are outpacing the beauty industry according to Diane Miles, Operating Partner at TSG Consumer Partners. Data from Euromonitor International shows that sales of beauty and personal care through internet retailing grew by a 15% CAGR from 2008 to 2013. In contrast, total global beauty and personal care sales grew by just 4% in the same time period. Ms Miles said that one in four beauty shoppers make beauty purchases online. Fifteen years ago, women purchased prestige beauty products from department stores in shopping malls and mass products from drugstores.  Now, consumers have a wider range of options, including internet retailing, infomercials and home shopping, speciality retailers like Sephora, and subscription beauty boxes like Birchbox. Consumers are not just buying online but going online to obtain product information and compare prices. Avid beauty shoppers are also using smartphones and tablets to research beauty topics, sometimes even while they are in stores, a melding of modern and traditional shopping habits.

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August 4, 2014

Procter and Gamble to Divest 100 Brands

Procter and Gamble announced they would divest 100 brands over the next two years, a move in line with the company’s ongoing restructuring process. One of the challenges that P&G faces is that the company does not have sufficient coverage across the pricing spectrum in comparison to its rivals, and by freeing up resources by divesting brands P&G may attempt to broaden its presence in both premium and value products.

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August 3, 2014

The Battle of the Fragrance Titans - J'Adore Dior Vs. Chanel No. 5

Nicole_TyrimouAnalyst Insight by Nicole Tyrimou - Beauty and Personal Care Analyst

View Nicole Tyrimou's profile on LinkedIn

Back in February during LVMH’s annual shareholder meeting, Bernard Arnault stated that the company aims to make J’Adore the world’s best-selling women’s fragrance. He went on to say how the fragrance has already overtaken its main rival (Chanel No 5) in many markets around the world and has retained its leading position in France. This statement was reaffirmed by Mr Arnault at April’s annual general meeting when he credited the strong performance of Christian Dior fragrances, including J’Adore, as a key growth driver of LVMH’s Cosmetics and Fragrances division.

2013 marked a crucial turning point for both J’Adore and LVMH as J’Adore overtook Chanel No 5 to become the best-selling women’s fragrance in China. Of the top 10 markets in women’s premium fragrances in 2013, J’Adore ranked first in four of them, two more than its main rival, which had a higher ranking in the rest of the top 10 with the exception of South Africa.

Continue reading "The Battle of the Fragrance Titans - J'Adore Dior Vs. Chanel No. 5" »

July 30, 2014

Survey Results: Personal Appearances

Based on widespread gender stereotypes, many would assume that women worldwide are more concerned with their outward appearance than their male counterparts. Euromonitor International's Survey Team polled over 6,600 consumers in over 16 different countries to further understand consumers’ style and their beauty and personal care routines. Play the video to find out which results enforced these stereotypes and which results went against the grain.

For further information, please download an extract of the survey results now or explore the full summary report.

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Recent Posts

Innovation and Development in Oral Care

HBA Global 2014 Recap: First Aid Beauty's Success in South Korea

Euromonitor to Speak at COSMEETING Paris

HBA Global 2014 Recap: L’Occitane's Success in Brazil

Three Challenges Answered by Procter and Gamble’s Divestment Strategy

Using Brand Loyalty to Tailor Product Offerings in Beauty and Personal Care

HBA Global 2014 Recap: Beauty Goes Digital

Procter and Gamble to Divest 100 Brands

The Battle of the Fragrance Titans - J'Adore Dior Vs. Chanel No. 5

Survey Results: Personal Appearances