Breaking News

Product Diversion Impedes Salon Product Growth

November 22, 2005

The $2.2 billion U.S. professional salon hair care market was affected by recession and increasing brand diversion, resulting in the lowest rate of growth in two decades, 2.8% from 2001 and 2003, according to the “Salon Hair Care USA 2003” study by Kline & Company, Little Falls, NJ. Consumers have budget constraints as well and have increased time between salon visits.
During the first half of 2004, 45% of all new launches were specialty hair care products and styling aids. However, diversion of salon-only brands to mass market channels accounted for 15% of the salon segment with 20% annual sales growth in shampoos and conditioners between 2001 and 2003, compared to 2.4% in salon channels, according to Kline. Kline executives said manufacturers need to offer new, trendy products to gain market share. More info: Carrie Bonner, (973) 435-3412; E-mail: carrie_bonner@klinegroup.com; Website: www.klinegroup.com/Y357.htm.
blog comments powered by Disqus
  • Patent Update

    Patent Update

    June 30, 2016
    J&J's anti-aging patent, LVMH and cannabis essential oil, transdermal botulinum toxins and more in recent patent news.

  • Start Stuffing The Ballot Box (Again)!

    Start Stuffing The Ballot Box (Again)!

    June 28, 2016
    Vote on the finalists in Happi's reader's choice Anti-Aging Product of the Year contest!

  • What

    What's Next for the UK?

    Sarah Boumphrey, Euromonitor International||June 27, 2016
    Euromonitor weighs in on how Brexit could impact consumer product companies.

  • The Top 50

    The Top 50

    June 30, 2016
    A look at the biggest US companies in the global household and personal products industry.

  • Take Notice

    Take Notice

    Melissa Meisel , Associate Editor||June 1, 2016
    Packaging trends revolve around trendy artwork, eco-conscious materials—and portability is a plus too!

  • Virtual Reality

    Virtual Reality

    Christine Esposito, Associate Editor||June 1, 2016
    An update on nature-identical ingredients for cosmetics and personal care products.