Market research provider Euromonitor International has released a white paper on what it predicts the future of direct selling will look like in the context of a digital age.
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.
Cosmetics is one of the few areas in which millennials buck the trend of being “nowners” (no-owners) and are keen to spend, according to a recent overview by Euromonitor International.
The L’Oréal boss says he expects a positive second half of the year after Western Europe and North America continued their improvement and the company sees ‘significant growth’ in 2015.
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.
Fragrance and food ingredient manufacturer Frutarom has recorded another successful financial period as sales and operating profit both increased in Q3.
Leading beauty company Coty has announced that it will form a new subsidiary in South Africa to direct, manage and operate operations on the continent.
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.”
Having already tailored its business increasingly around personal care, Unilever CEO Paul Polman says the company is hoping to eventually derive most of its sales from emerging markets.
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.
Procter and Gamble posted double-digit growth in the fourth quarter; however it expects a slowdown in the US, Europe and other developed markets following the current financial struggle.
Contract manufacturer Swallowfield has been recognised for its expansion into new international markets, while maintaining its manufacturing expertise in the UK.
Procter & Gamble’s focus on the emerging markets is paying off as net sales for the first quarter show a strong increase, but net earnings take a tumble on rising costs.
Growth in all its geographical markets excluding the US helped France-based natural cosmetics company L’Occitane deliver a profit above original estimates.
Having been hard hit by the economic downturn in 2009 L’Oreal says new markets will help to counteract limited growth opportunities in developed markets.
With the growth of cosmetics sales continuing in most of the major developing markets new opportunities continue to proliferate for niche cosmetic players, but now is the time to get in on the act.
With its main markets in developed countries still struggling under the strain of the economic downturn, Beiersdorf CFO Bernhard Duetmann says the business is not out of the doldrums yet.
Kose, one of Japan’s biggest cosmetic and personal care providers, says it will start to focus on developing international markets to counterbalance weaker developed markets.
Sales for the beauty segment of the direct seller Tupperware dropped in the second quarter, although emerging regions stood up better than developed markets.
Recent retail statistics from China show particularly strong consumer goods sales, vindicating the continuing investment the big players are pouring into the region.
Rexam Beauty used last week's Luxe Pack show in Monaco to showcase
its most recent beauty packaging launches for the Brazil, China,
Indonesia, European and US markets.
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.
