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Skincare Products to Reach $179 Billion by 2022

The global skincare products market is expected to reach $179 billion by 2022, according to "Skin Care Products Market by Type and Geography: Global Opportunity Analysis and Industry Forecast, 2014-2022," by Allied Market Research.

The market is projected to grow at a CAGR of 4.7 percent from 2016 to 2022. The report also noted that Asia-Pacific dominated the market and contributed more than 40 percent of the overall market revenue, followed by Europe in 2015.

Americans Ready for Independence Day

More than 156 million consumers—nearly two thirds of those celebrating, are planning to take part in the patriotic holiday by attending a cookout, picnic or barbecue, spending an average of $71.23 per household, up from $68.16 last year, according to the National Retail Federation’s 2015 Independence Day Survey conducted by Prosper Insights & Analytics.

FIT’s Beauty Think Tank Presents Future of Luxury

Lasting memories, "centers of creation" flagship stores, and like-minded cities will drive future sales in the luxury sector, according to new research revealed by graduating students in the Fashion Institute of Technology's School of Graduate Studies Cosmetics and Fragrance Marketing and Management Master of Professional Studies program.

Silver Hair, Co-Washing Are Top Hair Trends

It turns out that the “granny trend” of women of all ages coloring their hair shades of silver and gray is more than a media craze. Hair colorant sales within the brights and silver shade groups were up 46% and 14%, respectively, in 2014, according to Kline PRO, a product-level database published quarterly by global market research and consulting firm Kline.