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285 posts categorized "Beauty and Personal Care"

May 28, 2014

Emerging and Frontier Markets Drive Global Hair Care Growth

Oru_Mohiuddin (1)With Oru Mohiuddin, Senior Analyst - Home and Personal Care, Euromonitor International

View Oru Mohiuddin's profile on LinkedIn

The hair care category weakened from 5.5 percent in 2012 to 4.9 percent in 2013 but still performed better than other categories in beauty and personal care such as skin care and colour cosmetics. This resistance to market challenges is due to hair care’s increasing penetration of emerging markets such as China, Brazil and India and new frontier markets such as Turkey, Indonesia and Iran. Brazil remains the most dynamic market, accounting for 20 percent of global hair care growth in 2013 due to an increasing competition from local players.

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May 27, 2014

Innovative Packaging Products Combine Shelf Appeal with Functionality

 

Shelf appeal and pack functionality are two of the main trends Euromonitor observed at interpack 2014, and some the innovative brands are combining these trends into one package. For instance, Japanese canned preserved food brand Meidi-Ya recently changed its corned beef packaging from a metal can to a plastic container. This switch helps the product stand out on the shelf due to the material used, and is easier to open than a metal can with a key. Another instance of these converging  trends is found in the Lancôme product Rénergie Lift Multi-Action Reviva-Concentrate, which is hot stampped to produce a metal look and has an innovative closure that twists to open or close the product to prevent spillage.

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May 15, 2014

Opposing Strategies for Success in the Latin American and Western European Sunscreen Markets

Anaïs_MirvalAnalyst Insight by Anais Mirval - Ingredients Analyst

In 2012, the consumption of sunscreens in Asia Pacific was stronger than in Western Europe. As the Western European sun care market is not showing any signs of recovery, this situation is set to be replicated in Latin America by 2017. Despite similar consumption patterns, sunscreen manufacturers will have to adopt “opposing” strategies if they want to succeed in both markets. In Latin America, efficacy will be key and sunscreens able to provide a high SPF in sun protection will be popular. In Western Europe, sunscreen manufacturers will have to focus on non-core categories, while offering a mix of sunscreens and ingredients with additional benefits to sun protection manufacturers, particularly in Southern Europe.

Consumption of Sunscreens by Region

Source: Euromonitor International

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May 13, 2014

Metal Aerosol Cans: A Modern Day Solution for Developing Markets

D-gWith Daniel Grimsey, Senior Research Analyst

Metal aerosol can growth in developed markets is slowing down, but emerging markets are pushing growth of the pack type globally. This strong growth in emerging markets is due to convenience, low cost and the switch towards more modern solutions in products such as air fresheners, shaving cream and insect repellant. As emerging markets continue the trend of urbanisation and rising disposable incomes, aerosol cans are expected to continue their growth.

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May 4, 2014

Euromonitor to Speak at BeautyWorld Middle East 2014

Beautyworld_middleeast_logoDate: 27-29 May

Location: Dubai International Convention & Exhibition Centre

Description: Beautyworld Middle East is the largest international trade fair for beauty products, hair, fragrances and wellbeing in the Middle East and one of the top 3 exhibitions worldwide. A truly international event, Beautyworld Middle East offers trade visitors the convenience of meeting over 1,000+ companies face to face over three days, for serious business. Now in its 19th year, the exhibition has played a vital role in the growth and development of the industry, with a solid representation of global products and brands.

http://www.beautyworldme.com/frankfurt/5/messe-frankfurt/for-visitors/welcome.aspx

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April 30, 2014

The 10 Best-Selling Celebrity Fragrances in the US

VirginiaAnalyst Insight by Virginia Lee - Research Analyst

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Though celebrity fragrances remain popular with young consumers, these fragrances are becoming a smaller proportion of the total fragrances market. Celebrity fragrances comprised about 11% of the US fragrances market in 2013, down from 12% in 2012. Why are celeb scents losing their sparkle? Tweens, teens, and young adults continue to like celebrity scents as they care more about their favorite actors and singers than their parents and grandparents. However, young Americans have less disposable income to spend on discretionary items such as fragrances post-recession as unemployment remains high among youth. Products such as apparel and fragrances are also now competing with other purchases such as smartphones and apps

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April 21, 2014

Euromonitor to Speak at World Perfumery Congress 2014

World Perfumery Congress Logo

Date: Wednesday June 11, 2014

Location: Centre International Deauville, Deauville, France

Conference: Occurring every two years, the World Perfumery Congress (WPC) is a unique three-day educational and networking forum uniting fragrance industry professionals, their suppliers and brand marketers to discuss current and future opportunities. A multinational group of thought leaders will present the latest innovations in ingredients, formulation, product development, sustainability and other hot-button issues at the WPC conference. Visit the WPC exhibition to investigate new products, services and ingredients from nearly 100 of the industry’s leading suppliers. Meet new industry contacts and visit with fellow fragrance professionals during the ample networking opportunities WPC provides.

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April 12, 2014

Low-Cost Sophistication Shapes Fragrance Trends in Latin America

Anaïs_MirvalAnalyst Insight by Anais Mirval - Ingredients Analyst

Along with incomes, social aspirations are growing in Latin America. Consumers are becoming more concerned about their image. And, of course, they want that image to be at its best according to their financial resources. Thus, demand for sophisticated products is increasing.

In order to stop consumers from trading up and switching brands, manufacturers of hair care and deodorants are reformulating or expanding their product ranges to incorporate “luxury-feel” fragrances. With hair care and deodorants becoming the main beneficiaries of consumption, fragrance manufacturers should increasingly focus on these customers and boost demand by offering low-cost complex scent blends.

Annual Disposable Incomes of Latin American Households

Source: Euromonitor International

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April 11, 2014

Top Five Beauty Trends in 2014

Nicole_TyrimouAnalsyt Insight by Nicole Tyrimou - Beauty and Personal Care Analyst

View Nicole Tyrimou's profile on LinkedIn

The beauty industry slowed moderately in 2013, growing by 5% compared to 6% in 2012, due to a slowdown in emerging markets, specifically China and Brazil, as well as in innovation hub South Korea, a lustreless performance which was bad news to premium players. Latin America and Middle East and Africa remained the only regions growing by double digits, despite issues like high inflation, taxation and unstable political climates hindering prospects in many markets within the regions.

Multi-Benefit Becomes Universal

The most defining trend in 2014 will continue to be cross-category alignment, as consumers have become even more accustomed to paying for convenience as well as trying novel products and services. The vast information available, especially in the form of online reviews, has helped minimise the risk of trying new offerings for consumers. BB/CC creams’ robust progression is a testament to how the convenience and novelty that these hybrid products provide has been a successful recipe for beauty companies.

Continue reading "Top Five Beauty Trends in 2014" »

April 5, 2014

새로운 히트제품의 등장: 에어쿠션 한국 메이크업 시장에 각인되다

 

액체형 파운데이션이 메이크업 베이스, 자외선 차단제, 로션등과 함께 스펀지에 흡수되어 있는 제품인 에어쿠션은 한국 페이스 메이크업 시장의 가장 큰 트랜드입니다. 에어쿠션은 메이크업 시장의 성장을 이끌고 있을 뿐 아니라 페이스 메이크업의 경쟁 구도에도 영향을 미치고 있습니다. 에이쿠션의 특별한 점은 무엇이며 향후 어떤 영향을 미칠까요? Euromonitor International의 김민지 애널리스트가 한국의 에어쿠션 열풍에 대해 논의합니다.

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