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Innovation you can build on TM Skin and Hair Care Trends El Mercado Cuidado Personal en Mexico

Croda mexico presentation_marketplace_trends_seminar _summary_aug2016

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Page 1: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

Innovation you can build onTM

Skin and Hair Care Trends

El Mercado Cuidado Personal en Mexico

Page 2: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

Innovation you can build onTM

Market Dynamics

El Mercado Cuidado Personal en Mexico

Page 3: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

El M

ercado de CuidadoPersonal

enMexico

Innovation you can build onTM

2%

© Euromonitor International 2016

WorldWorld

425.914,70LatamLatam

60.194,80MexicoMexico

9.140,30

Market Size 2015 USD million

0

2

4

6

8

10

12

14

16

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Latin America Mexico

YOY Growth % 2010-2020

YO

Y G

row

th%

CAGR 2015-2020: 6,9%CAGR 2010-2015: 5,4%

Personal Care Market

Page 4: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

LatAm Skin C

are Trend

s

Innovation you can build on™

Mexican Personal Care Market

0.00

200.00

400.00

600.00

800.00

1,000.00

1,200.00

1,400.00

1,600.00

1,800.00

2,000.00

Skin Care Hair Care Men'sGrooming

Fragrances ColourCosmetics

Bath andShower

Deodorants Baby andChild-specific

Products

Sun Care Depilatories

7,8%

5%4,7%

5,3%

9,7%

4,3%

7,3%5,8%

5%

8,4%

Gro

win

g m

ark

ets Sun Care

Men´s grooming

Colour cosmetics

Hair Care

Skin Care

Source: Euromonitor International 2016

Page 5: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

El M

ercado de CuidadoPersonal

enMexico

Innovation you can build onTM

Top 10 Mexican CompaniesColgate-Palmolive

Procter & Gamble

Unilever Group

L´Oréal Groupe

Avon Products

Vorweck & Co KG

Quala SA

Mary Kay Inc

Tupperware Brands

Beiersdorf AG

Source: Euromonitor International 2016

Page 6: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

LatAm Skin C

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Innovation you can build on™

Top 10 Mexican BrandsParent Company

Avon Products Inc

Vorwerk & Co KG

Colgate-Palmolive Co

L'Oréal Groupe

Procter & Gamble Co, The

Mary Kay Inc

Tupperware Brands Corp

Beiersdorf AG

Natura Cosméticos AS

Unilever Group

Brands

Avon

Jafra

Palmolive

L'Oréal Paris

Gillette

Mary Kay

Fuller

Nivea

Natura

Pond´s

Source: Euromonitor International 2016

Page 7: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

LatAm Skin C

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Innovation you can build on™

Mexico Personal Care Spend per Capita

5.8 5.8

3.1 2.9

4.1

2011 2012 2013 2014 2015

Baby & Child Products, 3.60

Bath and Shower, 4.40

Colour Cosmetics, 3.90

Deodorants, 5.90

Depilatories, 6.90

Fragrances, 2.90

Hair Care, 3.60

Men's Grooming, 6.40

Skin Care, 3.30

Sun Care, 8.20Other;

Source: Euromonitor International 2016

In the last few years Mexicans have been spending

41% more!

Year-on-Year Growth (%)

CAGR % 2011-15 (US$ Per Capita mn)

Page 8: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

Innovation you can build onTM

Driving Forces

El Mercado Cuidado Personal en Mexico

Page 9: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

LatAm Skin C

are Trend

s

Innovation you can build on™

Urban Wellness

Page 10: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

LatAm Skin C

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Innovation you can build on™

Urban Wellness� Most dramatic changes to patterns of urbanization in modern

history.� pose formidable challenges� provide unparalleled opportunities

� How best to satisfy the energy, transportation and health needs of urban populations for now and the future. � The Expo’s “Better City, Better Life” (Shanghai, 2010)� Limited food supply, pollution, health, hygiene and other issues exist…

� Those living in the cities of tomorrow are likely to seek an increased connection with Nature. � Tomorrow’s urban residents will enjoy urban ecosystems that integrate

vertical farming, gardens, and parks� Mega-cities offer opportunities to better manage issues important to residents

for hygiene and air quality

…in search of enhanced well-being for those living in mega-cities.

Page 11: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

LatAm Skin C

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Innovation you can build on™

Urban Wellness� Occuring on a global scale yet even more dramatic in

Brazil/LatAm

� Those living in the cities of tomorrow are likely to seek an increased connection with Nature� Latin American cities have a complex matrix. Cities like Mexico City or São

Paulo have over 20mi people living there in a diverse urban fabric� In Brazil growing demand for green space housing

…in search of enhanced well-being for those living in mega-cities.

In 2010, 83% of people in Brazil were living in urban area, more than in the USA (80%) or in France (76%)

Page 12: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

Innovation you can build onTM

ProtectionPollution

Trends in Personal

Care Applications

Page 13: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

Innovation you can build onTM

Purpose

� Provide an introduction to pollution and the growth of pollution-related claims

� Present insights into Key Market Drivers and Trends

� Skin Care

� Radical Protection

� Cleansing for Complexion Conformity

� Structural Support

� Hair Care

� Cuticle Care

� Appealing Appearance

� Scalp Saviours

� Outline how Croda can help with targeted ingredient and formulation suggestions

Please request

full presentation

to learn more!

Page 14: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

LatAm Skin C

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Innovation you can build on™

Healthy Lifestyle

Page 15: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

El M

ercado de CuidadoPersonal

enMexico

Innovation you can build onTM

Prevention as a Lifestyle� Evolving from cure to prevention,

proactively helping our bodies help themselves� A different approach to prevention,

such as sun protection, as “Fun in the Sun” is part of the Latin American culture

� Different relation to beauty & the body, more relaxed and more obsessed at the same time, change the nature of relation to prevention � A different approach to anti-aging as

well, thanks to a more positive relation to aging not so “taboo” as in western culture

� More obsessed with a wide consideration for plastic surgery to perfect bodies to be seen at the beach

Nivea-Brazil

“Keep the Summer Close to

you”

Page 16: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

Innovation you can build onTM

The Future of Superfoods

� Wellbeing trend prevails

� Superfoods have a heavy focus in what we eat and the supplements we take

� Growing influence in what we put on skin and hair

� Consumers emotionally buy into products before making purchase

� Combining the superfood origin with consumer perceivable benefits reinforces the message; superfood = super health

� Creates psychological drive for repurchase

� Need ingredients that connect emotively and offer functional benefits

Page 17: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

Innovation you can build onTMInnovation you can build onTM

Superfoods withSuper Effects

Please request

full presentation

to learn more!

Page 18: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

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Innovation you can build on™

Personalized: For You!

Page 19: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

El M

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Innovation you can build onTM

Customisation Concept

� Consumers recognise that one size does not fit all

� Consumers want products tailored to their skin needs

� Personalisation rules!

� Croda, Crodarom and Sederma present a selection of formulations created with the customisation trend in mind

� Giving the consumer the freedom to express their skin individuality

Beauty begins the moment you Beauty begins the moment you Beauty begins the moment you Beauty begins the moment you decide to be yourselfdecide to be yourselfdecide to be yourselfdecide to be yourself

//// Coco ChanelCoco ChanelCoco ChanelCoco Chanel

Page 20: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

Innovation you can build onTM

Customisation

By Croda, Crodarom

and Sederma

Please request

full presentation

to learn more!

Page 21: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

LatAm Skin C

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Innovation you can build on™

Digitisation: Beautiful Technology

Page 22: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

LatAm Skin C

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Innovation you can build on™

“Wearable” Fashion

Nancy Tilbury, co-founder and director of Studio XO was reported as “imagining a future less than 10 years away where we will be able to change the surface of our clothes; where we’ll be able to walk into a room and transform what we’re wearing like a chameleon does his skin.”

London Fashion Week - Sept 2014

Click here to view “Truly Beautiful Wearable

Technology”

Page 23: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

LatAm Skin C

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Innovation you can build on™

“Smart” Skin� Humans as computers!

� Attachable computers, similar to temporary tattoos (MC10 (Cambridge, Massachusetts USA) & University of Illinois at Urbana-Champaign)� Working with L’Oreal for

sensors to measure skin hydration

� E-skin under development at the University of Tokyo!

NY Times-Wearable Technology

Click here to view “Wearable Technology That Feels Like Skin”

Page 24: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

LatAm Skin C

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Innovation you can build on™

In the News!

http://www.gcimagazine.com/marketstrends/segments/suncare/LOreal-is-Disrupting-UV-Exposure-Monitoring--364519591.html

http://www.cosmeticsdesign-europe.com/Brand-Innovation/L-Oreal-s-wearable-UV-patch-finally-launched

Page 25: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

El M

ercado de CuidadoPersonal

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Innovation you can build onTM

Lots and lots of Apps!� mySkin™: Find skincare

products that work for you -personalized, scientific, unbiased advice on what skin care products work best for your unique skin profile.

� Modiface, a well-recognized name in beauty and photo editing apps, offers several options from hair color trials to aging simulators. Company claims over 117 million* downloads (and counting)!

https://itunes.apple.com/br/app/myskin-skincare-advice/id542468181?mt=8

Click here to learn more

http://modiface.com/* Downloads Aug 21 2016

Page 26: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

Innovation you can build onTM

Marketplace

Trends for Hair Care

El Mercado de Cuidado

Personal en Mexico

Page 27: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

El M

ercado de CuidadoPersonal

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Innovation you can build onTM

Seen in the Market Now� Co-Wash, Cleansing Conditioners, No-

Poo/Low-Poo… all options for a consumer that still wants to wash the hair but…

� Washes hair twice a day

� Goes exercising in the evenings – gym addicted trend

� Feels hair damaged after chemical treatments

� Has curls and want them clean but conditioned

Page 28: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

Innovation you can build onTM

Co/WashSystems

Insights and Concept

Formulations……for a new

consumer demand!

Page 29: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

Innovation you can build onTM

Co/W

ash System

s

Why am I interested?� Co-Wash, Cleansing Conditioners, No-

Poo/Low-Poo… all options for a consumer that still wants to wash the hair but…

� Washes hair twice a day

� Goes exercising in the evenings – gym addicted trend

� Feels hair damaged after chemical treatments

� Has curls and want them clean but conditioned

� Sulfate-Free Systems were popular globally 2 years ago – now hot in Latin America for Hair dressers… Hot soon: Co-Wash and Cleansing Conditioners

Please request

full presentation

to learn more!

Page 30: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

Innovation you can build onTM

Marketplace

Trends for Skin Care

El Mercado de Cuidado

Personal en Mexico

Page 31: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

El M

ercado de CuidadoPersonal

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Innovation you can build onTM

Seen in the Market Now� Cleansing solutions

� Effective make-up removal

� Speed and convenience

� Multifunctional

� Technology

� Water Trend – for color cosmetics and facial care

� Foundations

� Mists and essences

� Water cream

Page 32: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

Innovation you can build on™

CleansingEffortless

Make/up Removal Solutions

08/15 PCETP001V1EN

Page 33: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

Cleansing Solutions

Innovation you can build on™

Effortless Cleansing

Purpose

� To highlight new and current trends in skin cleansing

� To highlight market opportunities

� To highlight how Croda can help

Please request

full presentation

to learn more!

Page 34: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

Innovation you can build onTM

Water Trend

Trend Insights & Formulation Solutions

Page 35: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

Water Trend

Innovation you can build onTM

Water Trend Proposition

� Highlighting new concepts from Japan, Korea and France’s luxury beauty brands

� Inspired by the purity and weightlessness of water

� Proposals for a series of formulations with watery textures and weightless skin feel

� “In Stores Now” examples to enlighten and inspire

� Croda solutions to help you to deliver this new trend to your consumers

Please request

full presentation

to learn more!

Page 36: Croda  mexico presentation_marketplace_trends_seminar _summary_aug2016

Innovation you can build onTM

Thank You!

El Mercado de Cuidado

Personal en Mexico