Report: Anti-aging skin care sales soar
CHICAGO Women’s quest for youthful looking skin catapulted anti-aging sales in 2008 to more than $1.6 billion, surpassing — for the first time — facial cleansers, according to recent research by Mintel.
The market for anti-aging skin care has grown rapidly over the past couple of years, per Mintel. U.S. sales rose 13% from 2006 to 2008, outpacing general facial skin care sales, which grew less than 11%. Mintel expects the market to remain robust over the next five years, growing some 20% through 2013.
“Anti-aging won’t fall to the recession,” stated Kat Fay, senior beauty and personal care product analyst at Mintel. “Looking young is extremely important to many women, especially Baby Boomers, and it’s not an issue they’re willing to compromise on because of tightened budgets. Many women see anti-aging skin care as a reasonably priced investment in their appearance and well-being.”
Nature’s Gate launches new lotion
NEW YORK Nature’s Gate is launching for 2010 its new Glow Lotion, which moisturizes skin while gradually adding a hint of color for a natural looking glow.
The formula features dihydroxyacetone, a natural ingredient derived from sugar cane that won’t wash away with soap, water or sweat. The lotions are enriched with an exclusive blend of seven natural moisture boosters including sodium hyaluronate and vegetable glycerin. To protect the skin from signs of aging, the formula is infused with vitamin E and apricot kernel oil.
The Glow Lotion, available in light and medium shades, has a suggested retail price of $12.99 each. It is slated to hit stores in May.
Shady Day to offer exclusive sun protection lip balm
NEW YORK Shady Day, a maker of sun protection wipes and face sticks, has teamed up with the Aim at Melanoma Foundation to offer an exclusive organic sun protection lip balm with a portion of the proceeds from sales going to support the foundation.
The Protect Your Pout lip balm, which is 82% organic, is currently available at Ricky’s NYC locations for $8.
“The numbers surrounding melanoma among young women are frightening,” stated Jennifer Odell, president of Shady Day Inc. “We hope this new product and our support of the Aim at Melanoma Foundation will help fight the melanoma battle on two fronts. The fact is that more young women are putting themselves at risk everyday by not using sunscreen. And even those young women who protect their faces and bodies need to be aware of the dangers of sun damage to their lips.”
According to recent research released by the National Cancer Institute, the melanoma rate among young women had doubled between 1973 and 1980, and increased by another 50% by 2004.
The foundation honors the memory of Charlie Guild, a young woman whose life was cut short by melanoma at age 26. Today, the foundation, started by her family, is dedicated to providing direction and focus on an international level to preventing, informing and finding a cure for melanoma.
The foundation is at the forefront of legislative efforts nationwide requiring access to skin cancer education and protection and for more stringent regulation of sun tanning salons, in particular, requiring in-person, parental consent for minors. In addition, the foundation and its advisors are creating the world?s first melanoma tissue bank to provide researchers with access to actual melanoma tissue samples from around the world for research and study.