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311 posts categorized "Beauty and Personal Care"

September 11, 2014

Euromonitor to Speak at CosmeTokyo 2014

CosmeTokyo

Event Name: CosmeTokyo

Location: Tokyo Big Sight

Website: http://www.cosmetokyo.jp/en/Home/
Date:  October 20, 2014 - October 22, 2014

Event Description: Japan's LARGEST exhibition specialised in cosmetics

Presentation Topic: Global trend of the cosmetics market: with focus on fast-growing ASEAN market

Presenter Name And Title: Mariko Takemura, Analyst

Presentation Time:  October 22,10:00 – 11:00 am

Presentation Description:  The cosmetics market in ASEAN countries is growing rapidly amid the growing disposable income of consumers. Meanwhile, different trends are observed in the premium cosmetics market and the mass market. In this seminar, Mariko Takemura will explain the movement and updated trends of the cosmetics market.

September 8, 2014

Dry Shampoos Succeed through a Beauty Positioning

Anaïs_MirvalAnalyst Insight by Anais Mirval - Ingredients Analyst

Convenience is an underlying trend in most beauty and personal care categories. In hair care, consumers are looking for products that are easy to use and can help them save time. The recent success of products that have been around for a long time like dry shampoos and the development of practical mousse colourants is proof of the enduring popularity of the convenience trend in hair care. But, as hair care continues its alignment with beauty, manufacturers will have to focus their message on the glamorous side of the business.

Saving time with dry shampoos

Global Growth of Propellants in Hair Care

Source: Euromonitor International

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August 24, 2014

Beauty and Healthcare in the Convergence Zone

Nicholas MicallefAnalyst Insight by Nicholas Micallef - Beauty and Personal Care Analyst

View Nicholas Micallef's profile on LinkedIn

Against a backdrop of consumers looking to improve their general wellness and appearance, the beauty industry is gradually transforming to become more health orientated. As a result, cosmetics companies are increasingly focusing their innovation efforts in this new direction.

In responding to these demands, new product development is steadily becoming ever more concentrated on the capability of addressing topical health conditions experienced by consumers. This requires sophisticated technology to offer efficacy as well as to combine beauty with therapeutic solutions. Most commonly, these products are known as cosmeceuticals, and are generally prevalent in the areas of hair and skin care.

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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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Learn more about HBA Global

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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Learn more about HBA Global

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.

Continue reading "HBA Global 2014 Recap: Beauty Goes Digital" »

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