Euromonitor’s latest findings comes as good news to the cosmetic giants investing in emerging markets like P&G and Estee Lauder, as the market researcher predicts emerging countries to be three of the world’s five largest economies by 2020.
The move online is not moving as quickly for grocery e-tailing as for other industries, but personal care products are a key opportunity sector for attracting first time shoppers.
Organic Monitor feels that the consumption phase of cosmetic products is often being ignored by the industry in comparison to the focus on raw materials and production process, which can damage the relationship with the consumer.
The oral care market freshened up 2012 with U.S. retail sales approaching $5 billion as consumers pay more attention to health concerns, as well as striving for whiter teeth and fresher breath.
A new study from Cancer Research UK shows that skin damage in British sunbed users is leading twice as many of these individuals to use anti-ageing products in an attempt at fighting back wrinkles.
Put the date in your diaries: June 12th 2013, marks the return of the SkinCare Ingredients virtual trade show and conference and the third year running for this fast growing annual event.
The US nail color and care market battled through the recession and is tipped to see sales reach $4 billion in 2017 thanks to the at-home trend as well as the popularity of these products with moms.
According to Euromonitor, The Americas remains a divided beauty market as mass products continue to drive growth in Latin America and prestige beauty fuels growth in the north.
A new market report points to category leading growth for the global cosmeceutical market as advancements in ingredients technology leads to more innovative and effective products.
Market analysts say demand is high and continuing to grow for beauty products in Brazil, and with consumption reported as nearing that of America and the UK, more and more cosmetic companies are investing in the country's markets.
As times change and consumers expect more from their products, emotional engagement is becoming the dominant driver of purchase decisions and brand loyalty.
With the US said to be bouncing back from the recession of late, certain consumers appear to be spending more freely again, particularly in the area of luxury cosmetics.
Compared to the likes of Asia and even Europe, the US has been a bit slower on the uptake of nutricosmetics; however the Eastern influence couple with the numerous launches of beauty drinks could change this.
The turn of a new year gives us the perfect chance to give a complete review of the previous one, and market analyst NPD Group has announced that 2012 was a strong one for the US prestige beauty industry, despite facing a number of challenges.
The economic downturn has taken its toll on the Canadian cosmetic manufacturing industry with revenue only growing a meager 0.7 percent per year to an average $1.7 billion in the last five years; but the next five are tipped to fare better.
Media and consumer attention towards certain ingredients used in beauty and personal care can stifle innovation in the industry, according to a Euromonitor analyst.
Unilever’s AXE brand is broadening its grooming portfolio with the launch of a new range of products which includes a face wash, shave gel and hydrator.
It is the season of men’s grooming it seems, and with this in mind, CosmeticsDesign-Europe.com visited the HQ of natural skin care manufacturer Bulldog to discuss the challenges in the male arena and how to tackle them.
There is no doubt that the unstable economic situation is taking its toll on the global cosmetics ingredients industry, but innovation is the key to a bright future says Euromonitor global head of Ingredients Research, as he outlines the key 2013 beauty...
The men’s grooming market has traditionally moved at a slower pace due to perception and demand, but as the segment begins to boom, engaging and understanding the consumer is as important as ever.
According to market researcher Ceresana, global revenues in the fragrance industry are to continue to develop at dynamic rates in the next eight years as demand from consumers in both developed and emerging countries rises.
Women in North America are more concerned with cruelty-free cosmetics than certified organic or preservative-free, with Canadian ladies leading the charge.
The modern man is concerned with his appearance and is increasingly aware of the benefits associated with a proper beauty regime and this, in turn, is driving the growth of the global men’s grooming market.
As consumers become more interested in greener products, this demand is filtering down the supply chain, resulting in the global chemical industry focusing more on sustainability.
The Illinois-based research service company has developed a high-throughput skin permeation testing service to help with the development of cosmetics and personal care products.
Sales of prestige make-up have recorded double-digit growth in value sales year-on-year, beating the recession as products are viewed as affordable luxury.
US personal care manufacturer Herbalix has urged for more certification of ingredients used in products, particularly as consumers become more aware and the market for natural & organic continues to grow.
Researchers have uncovered increased amounts of triclosan in several Minnesota freshwater lakes that they are linking to a growing use of the chemical since being patented back in the sixties.
In many ways market entry into the natural and organic cosmetics category is easier these days but success will not come without integrity, according to a Euromonitor analyst.
It is as surprising as the Coke and Pepsi, McDonalds and Burger King, and the Oilers and the Flames rivalries, but Procter & Gamble and L’Oréal continue to duke it out for top spot in the Canadian cosmetics arena.
The affordable indulgence of getting your nails done is driving consumer demand and aiding the segment in outperforming all other cosmetics categories.
Naturals skin care company Andalou Naturals has become the first personal care company in the US to bear the non-GMO certification label – posing the question as to whether this will now spark a new labeling trend.
Researchers at the University of Minnesota have found a way to utilise birch bark that they say will be particularly beneficial to the cosmetics industry.
New research points to the fact that the majority of younger men aged 18 to 34 prefer to make their beauty purchases online, citing technology, ease and anonymity as the driving forces.
Organic Monitor is looking to tackle the issue of greenwashing in the American personal care industry with its first ever masterclass dedicated to the topic in California later this month.
Beauty boxes have revolutionised how consumers shop for beauty products, providing sensory elements to online shopping that was not present in the traditional retail format and this will continue to drive e-commerce.
New Zealand-based company Golfersskin is expanding its reach in international marketing through the sponsorship of golf tournaments, a strategy that is proving particularly successful in the US.
In the visual world of the beauty industry it should come as no surprise that video sharing platform YouTube is tipped as one of the largest sources of referral for the big cosmetics brands.
Market research company has begun the New Year with the appointment of a new Global Skin Care Analyst as it looks to continue to deliver valuable insights in the sector.
P&G experts from its Wella brand have predicted the top hair care trends for 2013. And it seems that sound and color are going to have a big impact on both styles and coloring.
It has been a tough year for the North American cosmetics industry, which has meant that more than ever innovation, the key trends and faster growth in the emerging markets have been the top reasons why you the readers have clicked on the news stories...
A survey shows that many black American women are avoiding the gym because it may mess with their hair, suggesting that there are hair care and styling opportunities for innovative product designers targeting this segment of the population.
