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The Growing Global Awareness For Organic Skincare Products

organic-skin-care

A new research report “Organic Personal Care Products Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020” was published recently by Transparent Market Research. At a compound annual growth rate (CAGR) of 9.3% between 2014 and 2020, global Organic Skincare Products is anticipated to reach a market value of US$15693.7 million by 2020. In 2013, global organic personal care products market was valued at US$8360.5.

The growth of organic personal care products is propelled by greater consumer awareness regarding the negative effects of synthetic products. Consumers today have an increasing preference for personal care products made from natural and organic ingredients because they are more environmentally friendly and healthy. Owing to this growing consciousness on organic and natural ingredients, the global market for Organic Skincare Products is enjoying unprecedented growth.

The most commonly used organic personal care products range from cosmetics, skincare products, oral care products and hair care products. The market for organic personal care products is characterized by increasing distribution channels and greater innovations through new product launches. Furthermore, regulations and standards promote the consumption of personal products from organic and natural ingredients.

The global organic personal care products are segmented based on product type and geography. Categories according to product type include organic oral care products, Organic Skincare Products, organic cosmetics, organic hair care products and other organic personal care products. In terms of revenue the highest share in global organic personal care products is held by the segment of skincare products. The revenue of this segment is driven by factors that include broadening distribution channels and continuous introduction of new innovative products in the market.

The second largest segment in organic personal care products is organic hair care products which is considered to be highly lucrative because it is primary dominated by new market entrants and the widespread availability of hair products that include shampoos, conditioners, hair styling products and hair color.

Geographically, the global organic personal care product market is dominated by North America with a market share of approximately 43% in terms of consumption. This is mainly fueled by the growing awareness on the advantages of using organic cosmetics and personal care products.

Why Consumer Preference Is Shifting To Flexible Packaging

biodegradable packaging

One of the most important factors that Paper Mart considers is consumer preference for packaging. Packaging materials need not only enhance aesthetics, they should provide the protection that guarantees safety during transport. One of the most noticeable changes in consumer preferences recently is the shift from rigid food packaging formats in favor of more flexible formats.

The global demand for flexible packaging is expected to reach about $99.1 billion by 2019. In fact flexible packaging is the fastest growing segment in the packaging industry with an expected CAGR of 4.4%. According to experts, the Asia Pacific region is identified as the most lucrative regional market for flexible packaging considering the development of food and beverage industries. The increase in demand is also associated with the rising disposable incomes in the region and the shift in consumer preferences towards flexible packaging. The flexible packaging market in the Asia Pacific region is expected to match the global CAGR of 4.4% between 2013 until 2019. The world packaging market also expects potential growth due to emerging markets particularly in Brazil. The major market segments of flexible packaging are Europe and North America.

Among the different industries all over the world, the food and beverage industry is expected to contribute to the growth of flexible packaging formats because of transportability, durability and re-sealability. Raw materials for flexible packaging include PVC, paper, aluminum, polyamide, polypropylene and polyethylene. When these materials are used, packaging becomes lightweight and durable. Packaging manufacturers also prefer the materials because it is relatively more cost effective.

Plastics used to be the material of choice for flexible packaging. Plastics accounted for approximately 70% of flexible packaging in 2012 in the global market. However, the growing consumer concerns over the environment and the government initiatives to help increase the demand for biodegradable packaging has seriously affective the plastic packaging industry.

There has been an increase in demand for cellulose packaging because of its high durability and the protection it provides against external factors like sunlight. In the future, it is expected that cellulose will be highly demand in the development of biodegradable flexible packaging.

Office Furniture Sector Experiences Increasing Growth

office furniture

According to latest sales figures along with the quarterly activity index, it is now evident that the office furniture sector is now experiencing generous growth and it would seem that this growth would continue on to next month’s NeoCon tradeshow which would be held in Chicago.

Knoll Inc. and HNI Corp. are two of the most notable key players in this growth, other than that; they are also one of the leading providers in this industry. Both of them had reported that their furniture divisions have had strong sales growth for the last month, April.

Meanwhile, throughout the rest of the office furniture industry, Michael A. Dunlap & Associates LLC have registered 56.80 on a scale of zero to one hundred which can be compared to January’s 57.27 and as well as a 57.58 experienced six months ago. The index for the month of April is also considered as the third biggest since last 2007.

Michael Dunlap had said that the industry is continuing to move steadily and is also improving on its trend line. He also said that they are reaffirming their prediction that the industry is heading towards the achievement of experiencing the best year in more than a decade.

The index reportedly gauges in 10 different categories and this is based in the surveys from different furniture makers and suppliers executives. Last April, three of these categories have experienced an improvement while the remaining 7 have declined with ‘minor adjustments’ to be made.

The declines for last April are considered by Dunlap as not very significant since they have been experiencing growth since 2013. He also said that the industry will continue to grow in the second and third quarter of this year.

With Knoll and HNI, the sales for office furniture have doubled in the first quarter. The Knoll based in The East Village, Pa has reported a sale of $167.7 million while the HNI based in Iowa has a sales of $407.4 million with 13.7 percent increase from the last quarter.

It has been projected that sales for HNI will grow from 8 percent to 12 percent in the next quarter.

All in all, it can be said that it will be a good year for the office furniture industry.

Bronies May Have Greatly Helped Lift Hasbro Company Up

mypony

It is no secret that Hasbro has become one of America’s most favorite companies. But with the way their competitors are going, it might be a wonder as to how Hasbro has managed to stay ahead in their game. The most likely answer to this is because of the company’s most girly product which has been shooting up every year.

In the recent earnings report of Hasbro, it was revealed that the company has seen a huge growth in their “Girls” sector, particularly with My Little Pony and Nerf Rebelle. The growth itself is already an achievement knowing that all the other traditional pillars of the toy industry, brands which have been part of children’s lives before, are now continuously flagging like Hasbro’s board games, Playskool as well as Mattel’s Barbie franchise and Fisher-Price.

My Little Pony has been performing extremely well over the past years, especially when its reboot was launched back in 2010. In fact, the My Little Pony franchise had propelled the girl’s category of the Hasbro Company to their very first $1 billion back in the year 2013.

In the first quarter of the year 2014, the Girl’s sector has grown to an outstanding 21 percent. The growth can be attributed to the My Little Pony and Nerf Rebelle brands which have continued to perform strongly in their category.

When you would compare their growth rate to the girls of Mattel, you would find that they are literally slamming them against the wall as proven how Barbie had fallen 14 percent in the same quarter.

Now with the Girls category performing extremely well, there is one question to be raised: are girls really the one who had bought their products?

That question is really difficult to answer since there is also a fandom that has continuously supported the My Little Pony franchise ever since the launch of My Little Pony: Friendship is Magic. The reboot didn’t just attract little girls; they have also attracted a wide number of grown men who now call themselves Bronies or simply the Brony fandom.

The fandom continues to buy their merchandise like My Little Pony pajamas, hoodies, shirts as well as attending various My Little Pony conventions all around the world. So it is only fitting to acknowledge that the Bronies have greatly contributed to the continued growth of the My Little Pony franchise.

Start Turning Your Hobby Into A Business

If an aspiring entrepreneur can benefit from doing something he loves then turning it into a business is the next best step. It could be a hobby, something he does when he has some free time or something he is very passionate about.

A starting businessman can start with something small and test it on the market. One very important thing to consider is if he can take his product or expertise to the market. If the market takes it well then he may start deciding whether he is ready to start a business of his own.

One thing for sure, he will be facing a dilemma like most starting entrepreneurs, leave his full-time day work and focus on his new business or leave it as a sideline. Most businesses take up a lot of time and effort if a person really wants it to work.

Here are some tips from business experts Simon Devonshire and Tina Ritchie which they shared in an article in BBC News:

• Know the problem to be solved
• Think of a brand name, unique logo and own the website name
• Inquire about loans and grant schemes that are available
• Don’t invest big in the beginning of a venture, sell and test the market first

Either a person is into baking, jewellery making or programming the next hit website in the World Wide Web, he should have a general idea of what problem he is trying to solve and what purpose the product serves. Most often, starting entrepreneurs are having a hard time finding the right product to sell rather than finding funds to start a business.

Once he got an idea and he knows what he wants to do, he can ask around and apply for grants and loan schemes that are available for him. A new business could start with something small. Not until the product is tested by selling in the market will you know if you are onto something.

A business will thrive if a person does what he loves and loves what he do.

6 Online Trends Small Businesses Must Be Aware Of

Ecommerce sites have obviously prepared for Black Friday and Cyber Monday and now they are looking forward to holiday sales. Nobody slows down with their efforts because it is the season where people in almost all parts of the world are holiday shopping for stuff like Ugly Christmas Sweaters. However, the landscape for online shopping has changed and it makes sense for online businesses to adopt their strategies to the present trend.

Ecommerce trends that small business owners need to be aware

1. Mobile Friday – as consumers become enamored with their mobile phones, online shopping will continue to be made through mobile phones and tablets and ecommerce sites need to ensure that their sites are optimized for different platforms that customers choose to access ecommerce sites.

2. Fast shipping – in order to provide the customer with a significant shopping experience, businesses must now offer free or fast shipping options. If this option cannot be provided by a business, there must be creative ways with which to handle delivery.

3. Business without bordersthe global growth of ecommerce is overwhelming. Black Friday ecommerce sales were the highest ever and email marketing was the driving force behind mobile shopping that broke all previous records. This is a wake call to businesses that have not yet made efforts to provide their customers with an online shopping experience.

4. Content marketing remains important – because it remains as the method to establish trust and credibility for an online site. Small businesses should increase their budget for content marketing for the holiday season so that their targeted audiences will have something to look forward. Information is very crucial and it inspires customers to make purchases.

5. Building a solid brand – no business can survive without a solid brand and no matter what marketing strategies and campaigns are made, brand must always be the priority

Making customers happy is a win-win solution for businesses particularly if they provide the customers with a unique shopping experience. When a business offers lower prices, better services and more options, it means happier customers. However, no matter what type of marketing strategies and campaigns are made, brand remains to be significant because it is the foundation of a business.