Category Archives: Niche Market

New Lifestyles System Data: 2017 Global Consumer Trends Survey Results

Thanks;  Euromonitor Research

Published; SEPTEMBER 28TH, 2017

images (2)

We are excited to announce that the latest consumer survey results from the 2017 Global Consumer Trends survey are now live in the Lifestyles dashboard in our Passport database. Euromonitor International’s Global Consumer Trends surveys help companies stay ahead of a fast-changing consumer landscape by reaching out to internet-connected consumers from across the globe, then translating the results into comprehensive analysis and actionable opportunities.

Euromonitor International’s latest Global Consumer Trends survey data reveals a multitude of information about the 2017 consumer. With a global environment of rapid change and constant innovation, it is no surprise that consumer’s lifestyles are adapting quickly. The megatrend analysis enables Euromonitor International to identify emerging trends, while also monitoring how long-term megatrends are shaping the world. These megatrends are applicable to this year’s survey results.  Read on to learn more about the five key trends shaping consumer lifestyles.

Experience More

Millennials lead the way in trading the accumulation of things for experiences, particularly authentic, international travel opportunities. However, all consumers of all ages are looking for more time to relax.

Middle Class Retreat

Shopping preferences vary widely across markets and consumer segments, with some focused on buying fewer, high quality products and others succumbing to the pull of bargain hunting.

Connected Consumers

Consumers must now balance the benefits of ever-present internet access with added stresses and challenges to focus on “real world” activities.

Healthy Living

While consumers across the globe have nearly-endless access to health and wellness information, those with higher education are most likely to take advantage of tech advancements and opportunities to research and monitor their health.

Premiumisation

Meal preparation from scratch is often the first thing to go as consumers juggle priorities, particularly among younger consumers who are more likely to turn to meal preparation kits or delivery / takeaway options that offer convenience and premium ingredients.

To learn more about the latest Lifestyles trends, download our free survey extract or request a demonstration of Passport. If you’re a current client, the full system refresher highlighting key survey findings across all major consumer lifestyles areas can be found in the Lifestyles system in Passport.

 

Advertisements

Most Americans can’t kick this habit, and it’s killing them

Thanks;Ilene Raymond Rush

Published;Aug 24, 2017 1:52 pm ET

*Should you give up sugar?

This article is reprinted by permission from NextAvenue.org.

With obesity on the rise and high rates of Type 2 diabetes, more people are attempting to give up sugar. It isn’t easy. Although scientific opinion is far from unanimous, there is tantalizing evidence that sugar can be as neurologically rewarding as some addictive drugs, helping to explain why it’s so hard to kick the habit.

Even figuring out how much sugar you eat is tricky. As Gary Taubes points out in his book, “The Case Against Sugar,” the sweet stuff appears in everything from breakfast cereals to tobacco. And sugar can evade even careful label-readers, masquerading as glucose, fruit juice concentrate, high fructose syrup and sucrose.

75 pounds of sugar a year

According to the U.S. Department of Agriculture, average consumption of added sugars amounts to about 75 pounds of sugar per person a year.

Taubes find the widespread idea of sugar as simply “empty calories” naïve. Instead, he sees sugar as having specific and possibly harmful effects in the human body.

“Different carbohydrates, like glucose and fructose, are metabolized differently,” he says, “leading to different hormonal and physiological responses. Fat accumulation and metabolism are influenced profoundly by these hormones.”

“People act as though all that matters is the dose, but when you talk about sugar like any other drug you have a paradigm shift,” says Taubes. “Why does Zoloft [an antidepressant] do something different than Lipitor [used to lower cholesterol]? No matter what dose we give a patient of Lipitor, it’s never going to be an antidepressant.

“We keep talking about what’s the right dose of sugar rather than how it works in the body,” Taubes says. “We need to look at it differently.”

Sugars for fats: a poor trade-off

“I think we’re just starting to understand the short- and long-term problems that increased sugar intake can cause to the human body,” says Dr. David Becker, associate director of the preventive and integrative heart health program at the Temple Heart and Vascular Institute in Philadelphia. “From the heart point of view, sugar raises [unhealthy] triglycerides, lowers [healthy] HDL and causes something called metabolic syndrome, a condition where the body can’t process things normally. As we get older, this is as powerful a risk factor as high cholesterol, which causes an increased risk of hypertension and hyperlipidemia and sets the body up to have [a heart attack] over time.””

The dilemma is that “we traded one problem for another,” says Becker. Over the years, in giving up cholesterol, people turned to processed foods that were low in saturated fat but high in sugar.

“But because cholesterol is bad, that doesn’t mean sugar is good. They’re both bad for you,” Becker says.

So what should people eat?

Becker suggests the Mediterranean diet — which is high in healthy fats, proteins and complex carbohydrates such as legumes or whole grains — as one option.

“Diets have been operating between polar extremes,” says Becker. “On one end, there is the Ornish plan, which cuts fats below 10%, which means people eat more junk carbs such as white breads, pasta and sugar, to make up for missing calories. Then there is the Atkins diet, which is very high in saturated fat. I believe we need some balance.”

‘Stepping down’ from sugar

“You can definitely live without sugar,” says Susan Renda, assistant professor of community and public health at Johns Hopkins Medical School. “Mainly, it’s a source of quick energy that rapidly raises blood sugar. If you’re running a marathon, you might need that burst of energy, but in most cases you don’t.”

For those who can’t go cold turkey, Renda advises a “step-down” approach.

“First, be aware of the foods you’re eating. Sugar is everywhere, even in bread, where high fructose corn syrup can be used to help the yeast grow. People aren’t aware of how much sugar they consume.”

Then, she recommends substitutions.

“Pick a processed or refined carbohydrate and substitute a food of the earth, something closer to its natural state,” says Renda. “If you eat ice cream every night, consider substituting a handful of grapes or a few nuts three nights a week.”

Her third step is to work hard to enjoy whatever food you select.

“We tend to eat things we like very quickly. Choose a corner of a bar of dark chocolate — which is healthier than milk chocolate — and eat it very, very slowly,” says Renda.

Skip the soda

Becker finds that the simplest tip for many people is to watch what you drink.

“Sugary sodas are the most harmful — you can have 10 teaspoons of sugar in a single can. And fruit juices aren’t much better,” he says. “Get back to water, and if you must, put a tiny bit of fruit juice in it. It’s something that cuts down the calories and makes a huge difference.”

Despite Becker’s best advice, he admits that not many of his patients abandon sugar completely.

Don’t miss: Still not losing weight? These may be the reasons why

“We need a lot of educating,” he says. “People like things that taste good. But this is a condition that can be cured. Try a sugar purge for a couple of weeks — people say that within two or three weeks they lose the taste for sugar really quickly.”

Ilene Raymond Rush is a health and science writer whose work appears in the Philadelphia Inquirer, Diabetic Lifestyle, Diabetic Living, Good Housekeeping, Weight Watchers Magazine, Philadelphia Magazine and many other publications. She lives in Elkins Park, a suburb of Philadelphia, with her husband and overweight schnauzer, Noodle.

There’s a new way to mine for lithium and it’s right here in the U.S.

Thanks;Claudia Assis

Published: Aug 19, 2017 4:14 p.m. ET

Crater Lake in Oregon, a caldera lake formed after a volcano collapse.

Using trace elements as proxy, Stanford says it is easier to detect lithium in supervolcano lake deposits

Scientists at Stanford University say they have found a new way to detect large deposits of lithium, an essential component of rechargeable batteries powering everything from common household electronics and smartphones to electric vehicles.

Stanford researchers say that lake sediments within supervolcanoes can host lithium-rich clay deposits, which would be an important step toward diversifying the supply of the metal—most lithium found in today’s electronics come from deposits in rock formations in Australia and salt flats in Chile. Moreover, trace elements in such deposits can be used as a proxy for lithium, they say in a study.

“Supervolcanoes” produce massive eruptions and their calderas, formed after the volcano literally blows its roof off, are their most recognizable feature. The huge hole post-eruption often fills with water to form a lake, and Oregon’s Crater Lake is an example.

Over tens of thousands of years, rainfall and hot springs leach out lithium from the volcanic deposits, and the lithium accumulates, along with sediments, in the caldera lake where it becomes concentrated in clay, Stanford said.

The scientists analyzed samples from several calderas, and found a previously unknown correlation between trace elements, such as zirconium and rubidium, and lithium concentrations.

Lithium is a volatile element shifting easily from solid to liquid to vapor, and thus it is hard to measure its concentration. Detecting the trace elements as lithium stand-ins, however, geologists will be able to identify candidate supervolcanoes for lithium deposits “in a much easier way than measuring lithium directly,” Stanford said.

“The trace elements can be used as a proxy for original lithium concentration. For example, greater abundance of easily analyzed rubidium in the bulk deposits indicates more lithium, whereas high concentrations of zirconium indicate less lithium,” it said.

The Stanford study was scheduled to be published Wednesday in the journal Nature Communications and was in part supported by a Defense Department fellowship.

Last week, energy news site Oilprice.com wrote about potential lithium constraints, singling out five stock plays for betting on the alkali metal: Albermarle Corp. ALB, +0.43% Canada’s Southern Lithium Corp. SNL, +2.63% Chile’s Sociedad Quimica y Minera de Chile SQM, -0.16% ; the Global X Lithium & Battery Tech ETF LIT, +0.53% and Tesla Inc. TSLA, -1.27%  

The Global X ETF has gained more than 31% so far this year, compared with gains of around 10% for the S&P 500 index SPX, -0.18%

Albemarle earlier this month reported a modest second-quarter earnings beat, saying its lithium sales rose 56% year-on-year and almost all of the gain was in battery-grade lithium.

Analysts at UBS said in a recent note they expect lithium margins at Albemarle to remain above 40% despite an additional $60 million to $70 million in costs from royalty and community payments as well as other expenses.

“Pricing was up 21% in 1Q, 31% in 2Q and the debate continues on how long the industry can maintain that pace,” the UBS analysts said.

The answer, at least as far as electric vehicles are concerned, might be “for a long time.”

Tesla in late July launched its Model 3, an all-electric sedan aimed for the masses, and expects to be able to run its Fremont, Calif., plant at a rate of 500,000 vehicles a year by the end of 2018.

Tesla has talked about adding other commercial and passenger vehicles, including an electric semi truck to be unveiled next month.

Interview Series: Q&A with Dominika Minarovic and Elsie Rutterford, Founders of Clean Beauty Co

THANKS; Pia Ostermann

Published;August 17th, 2017

Euromonitor International is pleased to present an interview with Dominika Minarovic and Elsie Rutterford, Founders of Clean Beauty Co.

Clean Beauty Co started with a shared love for health and wellness. It began with a natural beauty blog, workshops, and a beauty recipe book, which quickly transformed into the launch of beauty products under the brand BYBI, which stands for ‘By Beauty Insiders’, in March 2017.

What made you decide to start Clean Beauty Co?

We saw there was a disconnect between people scrutinising labels and being picky about what they eat, but not applying the same rules to their use of cosmetics. This disconnect made us question the labels of our favourite products, and what we found propelled us to become more educated consumers. We documented this journey across our blog and social media, and Clean Beauty Co was born.

We started sharing beauty product recipes on the Clean Beauty Co platform, which quickly developed into a series of DIY workshops. These workshops started in 2016, and gave us a few hours with our audience to understand their concerns, what they’re thinking about the market, while they are walking away with knowledge and beauty products. We also published our book “Clean Beauty” in January 2017. From then we started seeing revenue coming in even without launching any products. Next came our product range, and we launched Babe Balm and Prime Time in March and May 2017, and we have plans to extend the range this year.

Transparency and integrity are the fundamental pillars of the Clean Beauty Co, which is split across the content and BYBI Beauty, the product arm of the business.

When you talk about the Clean Beauty Company, what does ‘Clean’ mean?

Clean beauty is for us, about stripping away the fluff and pointless fillers found in mainstream beauty products, and formulating with purpose. Every ingredient used has holistic as well as functional benefits, and we find that this philosophy is best aligned with natural formulation, so we don’t include synthetic ingredients in our products.

How important is the online channel to communicate with the consumer?

Online for us is a huge platform to be able to communicate with customers and get them to try our products. People feel much more comfortable buying beauty products online these days. And while there is the element of wanting to touch and smell the product, it is easier, particularly when it is a repeat purchase, to sell online. And this takes us back to our community and how we started, by being content driven. Because when someone learns with us online, and sees that we are not just trying to sell the product but share recipes, content, events and a book with them, they connect with the brand emotionally. I think across the board consumers are moving away from mass production. People are thriving for that connection with the brand, whether it’s researching them or communicating with them, but even knowing that they are produced locally, they have good ethics behind the brand.

Do you think that the demonisation of “unnatural” ingredients could be of detriment to the beauty industry?

Fundamentally, the shift that we’re seeing in the beauty industry as a whole is the demand for transparency. Brands are responding to this by not necessarily re-formulating and making their products more natural, it’s about them being more open about how they produce things. And I think that this demand will mean that brands will have to shift the way that they market and produce their products. But I don’t necessarily think that would turn people off buying beauty products.

Do you think the clean beauty recipe book could encourage cannibalisation of sales of your products?

It probably seems like it doesn’t make a lot of sense commercially that we give away recipes and then try to sell products. We think what worked in our favour, which are two things: firstly, not everyone is going to make their own beauty products; they don’t have time or can’t be bothered. Secondly, what separates us are the two brands with the two offerings which is for one, the book, workshops and Clean Beauty contents that is about very simple recipes that we share and people can make themselves, such as face masks and body scrubs. While the other is the brand product side of it, where we offer products which are not as easy to make, which for us is about driving innovation, by saying natural doesn’t have to be five ingredients or less, natural can be as scientific as mainstream beauty. It can be really unique ingredients and can be about high performance skin care, and feels luxurious.

Have you come across any difficulty in, for instance, legislation?

The issue around legislation is that there isn’t any when it comes to the terms of natural, organic, clean, and green. So it leaves the door wide open for us and what we call ‘green washing’; often bigger brands take advantage of packaging something as natural or organic, when actually it is not and nobody can actually call them out on it. The issue we have is that at the moment there isn’t really in the UK a certification for ‘natural’, but that is about to change. There is an organic certificate from the Soil Association, which is very well respected and has a very rigorous progress.

What are your plans for the future?

We’re focused on skincare, but if anything we will move into colour but that would be hybrid as we would never launch a mascara, for example, rather a tinted version of Babe Balm, or something similar.

That bespoke element is a very nice part of making your own beauty products. The way that we are incorporating this into the BYBI brand is around customising through different products. For example, you may mix the Babe Balm with our Detox Dust, which is going to make a moisturising mask for dryer skin types. As far as the brand’s next few months, we will launch a booster set, little droppers that you can drop into your existing skin care, which will be based on the customer’s skin type, environment, and night and day use.

Asian markets fall on dollar’s weakness

Thanks; Kenan Machado

Published; Jul 17, 2017 11:24 pm ET

Nikkei dips below 20,000; Chinese stocks stable after Monday’s losses

The dollar was falling against the yen Tuesday.

Asian shares were broadly weaker Tuesday, with Chinese stocks stabilizing after Monday’s slump and Japanese stocks falling in reaction to the dollar’s weakness.
Tokyo investors returned from their Monday holiday and sold shares in reaction to the slide in the dollar on Friday after disappointing U.S. economic data added to skepticism about more Federal Reserve rate increases this year.

The dollar has continued to weaken with the euro getting above $1.15 for the first time in 14 months in Asian trading.
The Nikkei JP:NIK-0.63% fell 0.9% to below the psychologically-important 20,000 level as the dollar JPYUSD+0.51% slid to ¥112.20 Tuesday morning, from ¥112.63 in late New York trading on Monday. Exporters were among the biggest decliners in Japan because their offshore earnings are eroded by the yen’s strength.
The Wall Street Journal Dollar Index fell 0.3%.
Stocks of Japanese insurers also lagged as bond yields fell, as has been the case in recent days. Dai-ichi Life JP:8750-2.79% and Mitsubishi UFJ JP:8306-2.12% slid at least 2% Tuesday.
Market participants are looking to policy statements on Thursday from both the Bank of Japan and the European Central Bank.
Investors are expecting hawkish comments from the ECB, says Hisao Matsuura, chief strategist at Nomura Japan. A hawkish ECB could hurt Tokyo stocks as it could keep the dollar weak and lift the yen, as well as widen the gap between the European and Japanese bond yields, making it more difficult for the BOJ to keep rates low. “I don’t see any upside [for stocks] for now,” he added.
Meanwhile, Chinese stocks were holding up after sharp declines on Monday which saw the Shenzhen Composite Index closing down 4.3% and Shanghai Composite Index down 1.4%. The Shanghai Composite CN:SHCOMP-0.35% was recently down 0.3% while the Shenzhen Composite CN:399106-0.48% was up 0.1%.
Australian stocks, which lagged the stock gains seen in much of Asia Pacific on Monday, were the worst performing in the region Tuesday morning. The S&P/ASX 200 index AU:XJO-1.23% was down 1%, as the country’s big banks, which are heavily weighted on the index, weakened over 2%.

ASIA PACIFIC DRIVES GLOBAL MOBILE COMMERCE, RECORDING 64 PERCENT GROWTH IN 2016 TO REACH US$ 328 BILLION

Thanks ; Press-release  / Euromonitor International
Published  ; 06 July, 2017

SINGAPORE – Euromonitor International and Retail Asia are proud to announce the launch of the
14th ‘Retail Asia Top 500 Retailers Ranking’. According to the report, mobile retailing represents the
fastest growing digital channel in Asia Pacific, with sales totalling US$328 billion in 2016, an increase
of 64 percent year on year. Mobile commerce accounts for over 50 percent of total digital commerce
in China, Indonesia and South Korea. Euromonitor expects the region to reach US$795 billion by
2021, almost tripling North America’s leading mobile commerce market size.
“The success of internet and mobile retailing is a response to the rising demand for convenience
driven by ageing populations, the rise of smaller households, urbanization and hyper connected
consumers,” says Michelle Grant, head of retailing at Euromonitor International. “As shoppers seek
more convenience-based offerings, retailers will meet this demand by developing methods to assist
frictionless shopping, including opening new convenience focused formats and enabling more
purchases via internet – connected devices. Digital commerce is a truly coming force, one that
retailers need to include in their strategy.” Grant added.
Euromonitor and Retail Asia announced that the region’s top 500 retailers recorded total sales of
US$940 billion in 2016. While China and Japan witnessed slowing growth, Southeast Asian
economies performed well in 2016 with many retailers in India, Indonesia, Philippines and Vietnam
experiencing double-digit sales growth.
The Retail Asia Top 500 ranking, based on Euromonitor International’s retailing data, ranks the top
retailers from 14 key economies across Asia Pacific in terms of total sales, number of outlets, sales
area and sales per square metres.
The top 5 Asia Pacific retailers in 2016 were:
1. AEON Group (Japan)
2. 7-Eleven Japan
3. Woolworths (Australia)
4. Wesfarmers (Australia)
5. Family Mart (Japan)
To download the free report, visit:
http://go.euromonitor.com/FR-170619-Retail-Asia-Top-500_Download-top-40.html

Canada: Consumer Lifestyles in 2017

THANKS;Jennifer Elster / EURO-MONITOR INTERNATIONAL

CL2017-CACL2017-CACanada-Lifestyles-in-2017.png

In contrast to recent years, consumer confidence has strengthened based on an improving economy, supporting growth, albeit slow growth, in consumer spending. Rising levels of spending have also been reflected in greater comfort in consumer borrowing, but rising household debt has become a concern. High house prices have discouraged younger consumers from jumping on the property ladder and slowed demand for a wide range of household items. Younger consumers are driving growth in online shopping.CL2017-CA

People in this Swedish town gather in a ‘Solar Egg’ sauna instead of having town halls

Thanks;Leanna Garfield

Published ; Jun. 21, 2017, 5:41 PM

The Solar Egg by Bigert & Bergström.Jean-Baptiste Béranger

On the western border of Kiruna, Sweden, the state-owned mining company, LKAB, has been extracting iron ore from the Kirunavaara mountains for over a decade. But the long-term mining has caused fissures that are creeping closer to the city center of Kiruna.
Now, LKAB — which also founded the Arctic town in 1900 — is funding Kiruna’s relocation nearly two miles east, so that it can continue mining in the mountains.
Moving an entire town is no easy task and requires lengthy discussions with officials, the mining company, and residents. Local architects from Bigert & Bergström have designed one place where those talks can take place: a golden, egg-shaped sauna. 
Completed in late April, the sauna is a place for locals and officials to unwind and discuss questions and concerns about Kiruna’s relocation, the firm told Business Insider.


Located in Kiruna, Sweden, the Solar Egg is a sauna that’s free for anyone to use.

Visitors can book time in the saun ~> https://instagram.com/p/BTI25TCB8px/

By Jean-Baptiste Béranger

Its exterior is made of reflective sheets of plexiglass that were painted gold.


By Jean-Baptiste Béranger

The interior walls are made of pine ….

… and the benches from aspen wood. In the center, there’s a wood-powered stove made from iron and stone. The temperature inside can range from 167 to 185 degrees Fahrenheit (75 to 85 degrees Celsius).


Jean-Baptiste Béranger

The space, which fits up to eight people, is meant to serve as a local meeting place to discuss Kiruna’s relocation plan. “The egg shape seeks to symbolize rebirth and new opportunities at the start of Kiruna’s urban transformation,” the architects said.

Jean-Baptiste Béranger

To avoid being swallowed by the mine, Kiruna will need to move nearly two miles east. The Stockholm-based firm White Architects will be in charge of moving the town, where approximately 23,000 people live. Below is a rendering of what the new city center may look like:


Producing 90% of all iron in Europe, Kiruna’s mine has become the world’s largest iron ore extraction site. LKAB is also the biggest energy consumer in Sweden.
 
“It’s a dystopian choice,” Krister Lindstedt, a partner at White Architects, told The Guardian. “Either the mine must stop digging, creating mass unemployment, or the city has to move – or else face certain destruction. It’s an existential predicament.”Jean-Baptiste Béranger/Source: The Guardian

Later this summer, the Solar Egg will move to Nikkaluokta, a Swedish town about 45 miles west of Kiruna.

Evolving Trends and Hottest Ingredients in Sun Protection

THANKS:Maria Coronado Robles/EURO MONITOR INTERNATIONAL

Published; JUNE 18TH, 2017

As consumers are shifting to healthier lifestyles what is inside the products is becoming more important. More than ever before, consumers are questioning the ingredients and their sources and this is having an impact on the ingredients market.

Protection at the heart of consumer preferences

In a little over 50 years, the sun protection industry has evolved tremendously in both the level and type of protection and the aesthetic properties of the products, driven by consumer needs and technological advances, such as new encapsulating technologies and delivery systems. This has allowed companies to feed consumers with more attractive products that protect from a wide range of new environmental and technological stressors, from sun radiation to air and light pollution.

Change with your customers

The world is constantly changing and sun protection is no longer limited to traditional sun care products. Consumers are increasingly aware of the effects of UV radiation on skin health and appearance all year around and this is driving demand for sunscreen ingredients worldwide. Sunscreens are becoming essential ingredients in a wide range of products, from traditional sun protection and daily skin care to hair care, colour cosmetics and bath and shower products. As a result, there are an increasing number of new products and claims reaching the market. Perhaps one of the most interesting launches is Dr Russo Facial Cleanser SPF 30, with three encapsulated chemical UV filters (octocrylene, ethylhexyl methoxycinnamate and avobenzone) that remain on the skin once the cleanser is washed off, providing a protective layer.

Aware of the heterogeneous landscape of consumer lifestyles, preferences and needs across the globe, sun protection manufacturers are now targeting specific market segments. Multicultural products designed for different skin tones and environmental conditions or sports products designed for active lifestyles are gaining attention among consumers. In response, companies are launching specific sunprotection lines to cover this gap in the market. For instance, the natural brand UNSUN has launched its Sun Protection For All Skin Tones that do not leave whitening residue; Happy Skin is selling in Filipinas its Catch the Sun line with moringa seed oil that protects against UV rays and pollution and Lancaster is using its new Full Light Technology that can now be found in Lancaster’s Sun Beauty line.

More from less is driving consumer purchases in sun protection

Growing consumer and industry interest in multi-functional products is driving demand for ingredients that can serve multiple functions in their formulations. In fact, according to Euromonitor Beauty Survey, the use of multifunctional ingredients is among the top ten reasons to purchase sunscreens or dedicated sun protection products worldwide.

REASONS FOR PURCHASING SUNSCREEN OR DEDICATED SUN PROTECTION PRODUCTS

reasons-for-purchasing-sun-protection

As consumers increasingly want sun protection products that go beyond simple UV protection, there is a growing need for multifunctional ingredients and simpler formulations. Ingredients suppliers are developing ingredients able to play different roles in the formulation, from UV, light and pollution protection to anti-ageing, skin conditioning and benefiting agents.

Synthetic polymers with multiple functions and benefits such as film formers for better UV and pollution protection, as well as water and sand resistance, are expected to grow by 1,000 tonnes in the global sun protection market over 2015-2020. In this context, Covestro has launched a new waterproof polymer for transparent sun protection that shows an SPF-boosting effect. Demand for emollient esters with excellent spreadability on the skin – able to solubilise organic sun filters and disperse inorganic sunfilters, which also offer a barrier to the natural moisture loss from the skin and improve the sensorial sensation – are expected to grow globally by 2,000 tonnes in the sun protection market between 2015 and 2020. Vitamins and botanicals and especially plant extracts with antioxidant, anti-inflammatory andanti-pollution properties that boost SPF, provide UVA protection and have added skin benefits, are getting a lot of attention from both consumers and manufacturers.

Blending multifunctional actives with multiple claims is an increasingly appealing option which also fits the clean label trend. It enables manufacturers to use less ingredients which ultimately have a positive impact on the manufacturing process and the price of the product. In addition, this makes it easier for consumers to understand what is in their products.

Products that offer multiple properties are especially appealing to the youngest generations of consumers for whom pricing plays an extremely important role. Consumers that belong to Generation Z and especially those who live in developing countries are more likely to purchase sun protection products with multifunctional ingredients than those living in developed countries. These consumers with lower incomes own fewer products and thus want effective and cost-effective formulations with multifunctional ingredients that provide all-in-one integrated solution.

PERCENTAGE OF CONSUMERS WHO BUY SUNSCREEN OR DEDICATED SUN PROTECTION PRODUCTS WITH MULTIFUNCTIONAL INGREDIENTS

percentage-of-consumers-who-buy-sunscreen-with-multifunctional-ingredients

In developing countries such as India, Indonesia and Brazil, where the highest growth in sun protection is expected, between 30% and 40% of consumers opt to buy sunscreen products with multifunctional ingredients, while only 10% of the consumers in Australia, Japan and South Korea consider ingredients’ multifunctionality a key product feature

Opportunities in Western European sun protection

There is an increasing demand for healthier, safer and more effective sun protection products with improved spreadability and lighter textures which offer non-whitening, broad and long lasting sun, light and water protection. This has brought some challenges that the industry has turned into opportunities for a wide range of ingredients to meet consumer needs for convenience, protection and enhanced aesthetic appeal.

In Western Europe, the emphasis on protection is driving demand for a number of sunscreen ingredients, synthetic polymers, botanicals and vitamins, while the desire for easier application and better skin feeling is fuelling demand for emollient esters and hydroalcoholic formulas which tend to be lighter and dry faster.

opportunities-for-growth-in-western-europe-sun-protection.png

Sunscreen ingredients present huge opportunities for volume gains. Although there is a strong growth for ZnO in Western Europe due to the new regulation in place which approves the use of ZnO as UV filter (in its nano and non-nano form), the absolute growth in volume projected for mineral filters is still far lower than that expected for chemical filters. Homosalate is the UV filter which benefits the most from the high SPF trend due to its affordability, its high legal limits in sun protection formulations, its compatibility with other filters and its ability to dissolve and stabilise solid filters such as avobenzone.

Emollient esters with enhanced UV filter solubility and attractive skin feeling are ingredients that present big opportunities for growth. Although synthetic polymers and botanicals which also offer pollution and UVA protection offer smaller opportunities for growth in absolute volume, they are projected to grow at the fastest rate driven by the trend towards natural ingredients and the growing number of anti-pollution sunscreen product launches. Besides this, high-value ingredients such as peptides present further opportunities for growth in the forecast period (2015-2020).

What’s next for sun protection?

Global demand for multifunctional, full protection and long lasting products with increased sunscreen sensoriality, lighter touch and greater spreadability is projected to continue. The major challenges in the years to come are related to the need for safer and more effective sunscreens with fewer and more natural ingredients. Companies are now performing research to optimise the UV delivery systems and to improve the photostability, efficacy and wash-off resistance of the active ingredients with no detriment to aesthetic properties.

The new wave of products that goes beyond UV protection is expected to continue and this provides opportunities for novel ingredients with pollution and full light protection claims to enter the market. For instance, Indena has launched Vitachelox and antipollution active with botanical compounds andGreentech is marketing Soliberine with Buddleja Officinalis flowers that stimulate cellular detoxification systems and protect against blue light and IR rays.

Further studies are being conducted to look for natural alternatives to synthetic UV filters. In this context, the growing desire for natural and skin microbiome-friendly ingredients among consumers, with the recent penetration of probiotics in the skin care market, opens up opportunities for bio-derived sunscreens to reach the market in the long term. Although promising, however, the development of bio-UV filters that emulate bacterial natural sun protection mechanisms is a long and expensive road with many technical and regulatory barriers, especially in the US where SPF products are regulated as drugs and the process of getting approval for new ingredients is an overcomplicated path.

How to make money while you sleep

Thanks;Nancy Mann Jackson

Published: May 10, 2017 4:58 a.m. ET

Create passive income streams

Whether you’re trying to pay off debt, top off your emergency fund or invest more, a little extra monthly income can get you there faster.

But there are only so many hours in a day — and maybe adding another side hustle to your busy schedule just isn’t possible. Wouldn’t it be great if you could somehow earn more without working additional hours or hitting up your boss for another raise? That’s what happens when you create passive income streams.

Whether you’re trying to pay off debt, top off your emergency fund or invest more, a little extra monthly income can get you there faster.

But there are only so many hours in a day — and maybe adding another side hustle to your busy schedule just isn’t possible. Wouldn’t it be great if you could somehow earn more without working additional hours or hitting up your boss for another raise? That’s what happens when you create passive income streams.
“Passive income’s great because it increases your cash flow and allows you to save [more],” says financial adviser Craig J. Ferrantino, president of Craig James Financial Services, LLC in N.Y. “The initial effort in some cases is minimal, and you have the ability to collect money on those efforts over a period of time.”

Of course, investing in the stock market can provide earnings over time through market returns and the magic of compounding. But there are also ways to create steady streams of passive income that pay out at regular intervals.

These efforts don’t come without risk. But with careful planning and consideration, you can lower the risks — and initial costs — and increase the potential benefits.

Here are six paths to passive income that may be worth pursuing.

1. High-dividend stocks

When you purchase stock in a company that pays dividends to its shareholders, you’ll start earning a percentage of the company’s profits automatically. For example, if a company pays an annualized dividend of 50 cents per share and you own 500 shares, you’ll get an extra $250 in your pocket — for doing nothing more than being a shareholder. (Most companies pay dividends on a quarterly basis, so you’d earn about 13 cents per share each quarter.)

Certain industries, like public utilities, financial services and oil, tend to pay higher dividends than others, so do your homework with resources like Yahoo! YHOO, +1.31% Finance’s stocks screener or by talking to an adviser.

“If you’re going after dividend income, the sweet spot is not the company that’s currently paying the highest yield, but the companies that are likely to generate growth in dividends in the coming months and years,” says Rob Brown, a Certified Financial Analyst and chief investment officer at United Capital. “Pay attention to what companies and industries are thriving now; they are most likely to raise the dividends they’re paying now in the future.”

You may also choose to reinvest your dividends, which allows you to buy more shares even without spending more money, so you can benefit more when the price rises.

One caveat: Remember that there are risks involved with investing in individual stocks—even ones with high-dividend yield—as the price of the stock can go up or down. You can lower your risk by investing in an index or other low-cost funds, which contains shares of many companies. One option is to look for dividend-paying ETFs, or exchange-traded funds, which are funds that trade like stocks. (Investing apps like Acorns and Betterment use such ETFs and reinvest dividends automatically.)  

2. Bonds

Purchasing bonds can be another good way to earn consistent passive income, though the amount you’ll receive depends on the fluctuating bond market. “Bondholders [usually] receive a check every six months for the interest earned in loaning the entity money, and, in turn, get their principal back at maturity,” Ferrantino explains.

There’s a wide variety of bonds to choose from, including U.S. Treasury bonds, municipal bonds and corporate bonds. Each has its own maturity date, minimum investment, interest rate and payout. For instance, Treasury notes mature in two to 10 years and pay interest semiannually at a fixed rate (currently about 1% to 2%, depending on term lengths, and it is exempt from state and local taxes), while corporate bonds pay taxable interest and can have maturities ranging from a few weeks to 100 years.

Before purchasing bonds, make sure you know what you’re getting into — and what you will get out of it.

Read: How to buy bonds

3. Rental properties

Acquiring and maintaining rental property can require a lot more investment and sweat equity than other types of passive income, both upfront and over the years (if the roof leaks or the boiler breaks down in a rental property, you’re on the hook for it). But rental properties can also provide lucrative, ongoing income for many years to come.

“Rental properties in a market you understand can be a fantastic passive investment,” says Jeffrey Zucker, a seasoned angel investor and property management entrepreneur in Chicago. “I look for large or fast-growing housing markets, where people are clamoring for affordable, nice places.”

Before purchasing a property, Zucker recommends comprehensive due diligence to ensure that you can cover your costs — which likely include insurance, taxes and maintenance — and turn a profit on top of that. You want to invest in a property that will draw continued interest from renters and increase in value.

He also recommends using an experienced property manager. “There are some great property management companies out there that can assist to make leasing out rental properties truly passive mailbox money,” Zucker says. “Having managed our own properties for a few years prior to partnering with a company, we learned the long hours and effort that go into maintaining properties and dealing with tenants — and how much better those who focus solely on this role are at the job.”

4. Rewards credit cards

This might seem like an odd addition — and this is not a strategy to pursue unless you are able to pay off your bill in full each month. However, if you can use credit responsibly and avoid racking up debt, rewards credit cards can provide easy income, thanks to perks like cash-back bonuses. For instance, use a cash-back card for all your household expenses — and pay it off at the end of the month — and you’ll earn money simply by making necessary purchases. (Ferrantino recommends a card like the PenFed Platinum Cash Rewards Visa, which gives you 5% cash back on gas purchases and another 3% for groceries and has a low annual fee. NerdWallet also has a ranking of the best cash-back cards, including several with no annual fee.)

“My rewards have paid for a variety of travel experiences, and I have friends that use their points to pay exclusively for a certain [budget] category, like gas or household bills. It’s nice for them to cross an expense off simply by doing all of their planned spending on the right card,” Zucker says. “Be careful though, as many of the best rewards cards have high interest rates for any carry-over debt.”

5. Peer-to-peer lending

Also known as “marketplace lending,” peer-to-peer lending is the practice of individuals lending money to others in place of a bank or other financial institution. In recent years, platforms like Prosper and Lending Club have made these crowdfunded loans more widely available to borrowers and opened the possibilities for investors.

“New, technology-driven intermediaries have been coming in and replacing banks to make small loans to businesses or individuals, and they offer many comparative advantages,” Brown says.

Remember, though, that while investing through a peer-to-peer marketplace can pay off—Prosper investors, for example, can earn about 5% to 9% annually—there are still risks involved and borrowers may default on their debts. One way to protect yourself, Brown says, is by requiring that borrowers’ credit quality is above a certain level, depending on your appetite for risk. You can also reduce risk by diversifying your investment across many different loans.

6. Renting unused space
The sharing economy is in full force, and if you have extra space in your home or spend a lot of time out of town, you can join in and earn some extra cash. Thousands of people are renting out their homes through Airbnb, and sites like Liquid Space and Breather offer opportunities to place your office or home up for rent during daytime hours. (Airbnb hosts renting a single room in a two-bedroom home cover, on average, a whopping 81% of their rent, according to one report.)

“Any unused space is an asset worth renting out if there is demand in your market,” Zucker says. “[Online marketplaces] offer consumers easy ways to make some extra money on rooms that would otherwise be doing nothing for them.”