Many aspects of the European economy and political situation are looking increasingly uncertain. A new report highlights that shifting political allegiance and economic volatility could stunt growth and polarise consumers.
Unilever felt the full force of the slowdown in emerging markets, with China in particular making for bad news; and even the performance of its largest, and normally more reliable, category, Personal Care, took a hit.
It was a slow summer for many of the cosmetics industry’s big players and CosmeticsDesign-Europe.com takes a look at how this affected five of the manufacturers in Europe and what their plans are for the future.
Urbanisation is one of the key factors driving the growth of metal aerosol cans in emerging markets, Euromonitor International has noted recently, with the packaging type seen as an increasingly affordable modern option in such regions.
At the in-cosmetics event in Hamburg, Nikola Matic industry manager at Kline stopped by Cosmetics Design's booth to discuss his presentation which focused on specialty actives and what markets we are likely to see innovation coming from next.
The tactic employed by ingredients suppliers in order to stay one step ahead has developed a much more consumer-led theme in recent years and this is relevant when observing the big players’ approach to Asia.
For many years we have been concerned with how we age, how to get rid of wrinkles and keep skin young; and when it comes to hair care, this is no different, with the anti-aging trend driving the market with the US and Japan poised to pounce.
Thanks to a strong fourth quarter in the hair care segment, Unilever signed off a good year of growth in Personal Care, as well as its other consumer categories, with the announcement of its full year results.
Hair colourants, conditioners and styling agents offer the best opportunities for hair care in the developed markets as the ‘affordable luxury’ trends picks up pace, according to market analyst Euromonitor.
A combination of its recent acquisitions, a strong personal care push and the continued performance of the Dove brand has given Unilever a strong start to the year, as it posted a turnover increase of 11.9 per cent to €12.2bn in the first quarter.
On the back of its fourth quarter 2011 results announcement last week, Unilever CFO Jean-Marc Huet has reiterated that the Personal Care business and emerging market push that helped boost those figures will remain key factors in the company’s future...
According to Dr. Benjamin Punchard, the head of global packaging research at Euromonitor International; “Over the 2005-2020 period the fastest growing countries for skin care packaging were Indonesia, China and India.”
German manufacturer Henkel saw a boost in its Q2 profits thanks to an increase in raw material prices to combat rising input costs, with growth in the emerging markets in the double-digits for the cosmetics business.
Cosmeceuticals, or supplements that target skin health and beauty,
are seeing fast growth in Europe since emerging as a new concept
but much of the growth so far has come from a handful of brands,
reports Dominique Patton.