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EVONIK WANTS TO ACHIEVE MORE SALES AND PROFITS FROM NEW PRODUCTS
* HOME
* Evonik wants to achieve more sales and profits from new products
EVONIK WANTS TO ACHIEVE MORE SALES AND PROFITS FROM NEW PRODUCTS
FOCUS products market - global industry analysis, size, share, growth, trends,
and forecast 2015-2021'. According to the report, the global skin care ...
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FOCUS products market - global industry analysis, size, share, growth, trends,
and forecast 2015-2021'. According to the report, the global skin care products
market was valued at valued at $110.69 bn in 2014 and is expected to reach
$155.44 bn by 2021, surging at a CAGR of 4.9% between 2015 and 2021. The skin
care products market is expected to do exceptionally well in Europe and North
America due to the growing usage of organic personal care products and a huge
demand for antiageing cosmetics. Additionally, an increasing demand for
skin-glowing products amongst mid- and lowincome groups is also expected to
augment the overall market, especially so in Asia-Pacific. The global skin care
products market is also benefitting from the rising interest in grooming in
regions of Africa and Middle East. On the other hand, the need for sun
protection and skin hydration is driving the skin care products market in Latin
America. Research analysts stated that the Middle East and Africa skin care
products market will rise at a CAGR of 8.6% between 2015 and 2021. The South
Africa region will grow at an incredible pace. AsiaPacific, which previously held
a significant share in the overall market, is expected to retain its dominance.
Some of the important players in the global skin care products market are
L'Oreal SA, Kao Corporation, The Estee Lauder Companies Inc, Procter & Gamble,
Beiersdorf AG, Unilever PLC, Colgate-Palmolive Company, Avon Products Inc,
Shiseido Company Limited and Johnson & Johnson. Original Source: Transparency
Market Research, 2016. Found on SpecialChem Cosmetics and Personal Care
Innovation and Solutions, 31 May 2016 (Website: http://www.
specialchem4cosmetics.com)
Body care: global round up Mintel reported that the US body care market
increased by 9% between 2012 and 2014. In 2015, the US market increased by 0.2%
to $3.22 bn from 2014, according to Euromonitor International. General purpose
body care increased by 0.3% to $3.16 bn. Firming and anti-cellulite treatments
dropped by 3.5% to $61.80 M. Euromonitor said that depilatories increased by 2%
in 2015. New August 2016
ON
S U R FAC TA N T S
products introduced in the market include the Boppy Bloom Skincare line for
pregnant and nursing mothers; and Too Cool For School's Egg Mellow Body Butter,
which contains 20% of ten various moisturizing oils, egg ingredients, and shea
butter. The Brazilian body care market dropped by 13.4% to $1.66 bn in 2015,
according to Euromonitor International. The core general purpose body care
products dropped by 13.9% to $1.56 bn. Firming and anticellulite products
decreased by 4.6% to $99.1 M. Beiersdorf's Nivea recently introduced Sentidos, a
range of three fragranced body moisturizers, in the market. Euromonitor reported
that the Mexican body care market increased by 1% to $612.10 M. Firming and
anticellulite products increased by 6.7% to $44 M, with a 4% and 43% increase in
the mass and premium segment, respectively. The skin care prestige segment and
mass segment increased by 17% and 3%, respectively, in 2015. Pierre Fabre
Mexico's Elancyl recently introduced anticellulite cream Slim Design. Reckitt
Benckiser Mexico also recently released Veet Naturals with camellia seed oil.
Church & Dwight's Nair recently introduced its new range Nourish with rice bran
oil and Japanese cherry blossom for improving skin tone and texture. Three
tables show the US, Brazilian, and Mexican body care market value during
2014-2015.
its innovation portfolio and established new fields of growth. A total of six of
these are to generate additional sales of over €1 bn by 2025. The company
increased the value of its innovation pipeline by €500 M in 2015. It is now
worth a low single-digit billion sum. Research and development spending has
risen an average 6%/y since 2010. It was €434 M in 2015, or 3.2% of sales. It is
to remain above the 3% mark in the medium-term.
Original Source: CBM, Cosmetics Business Markets, Jun 2016, 33 (6), 30-32
(Website: http://www.cosmeticsbusiness.com) © HPCi Media Limited 2016
Henkel announces billion-figure acquisition
COMPANY RESULTS Evonik wants to achieve more sales and profits from new products
Speciality chemicals company Evonik wants innovations to make a more visible
contribution to the company's sales and profits. In the medium term it wants to
generate 16% of its sales from products and applications that are less than five
years old. The quota is currently around 10%. In order to achieve its target,
Evonik has focussed
Original Source: Chemie Aktuell, 21 Jun 2016 (Website:
http://www.maerkte-weltweit.de) (in German) © MBM Martin Brueckner Medien GmbH
2016
COMPANY NEWS Russia: Henkel commissions new production plants in Perm Henkel has
commissioned an expanded production and logistics centre for detergents and
cleaners in Perm, Russia. Investment was €30 M. The company says the plant is
one of the largest detergent producers in Russia, and will serve cities across
Russia but also the majority of the CIS states. Original Source: Nachrichten
fuer Aussenhandel, 3 Jun 2016 (Website: http:// www.maerkte-weltweit.de) (in
German) © MBM Martin Brueckner Medien GmbH 2016
Henkel is acquiring US detergents producer Sun Products Corporation for €3.2 bn
(inclusive of debts), thus becoming number two on the market. The seller is
Vestar Capital Partners. Sun Products had sales of around €1.4 bn in the US and
Canada in 2015. It employs around 2000 and operates two production sites and one
research and development facility in the US. Henkel had sales of €3.6 bn in the
US in 2015. Original Source: Handelsblatt Wirtschafts- und Finanzzeitung, 24 Jun
2016 (Website: http:// www.handelsblatt.com) (in German) © Verlagsgruppe
Handelsblatt GmbH & Co KG 2016 Original Source: Chemie Aktuell, 24 Jun 2016
(Website: http://www.maerkte-weltweit.de) (in German) © MBM Martin Brueckner
Medien GmbH 2016
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