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Fragrance stats are on the rise, and brands are capitalizing on fabulous flacons for best results.
August 25, 2011
By: Jamie Matusow
Editor-in-Chief
Floral designs and color gradations, such as those on Givenchy Very Irresistible L’Intense, proved popular. Good Packaging Scents Fragrance stats are on the rise, and brands are capitalizing on fabulous flacons for best results. Written by Jamie Matusow, Editor With global and domestic reports of a rising trend in fragrance sales, there’s no shortage of recent launches. Whether in the U.S. or abroad, the accent on scent runs the gamut—celebrities, flowers, countries, cities, cars and even blood types—and packaging plays a powerful role in capturing consumers’ heart- and purse-strings. According to a report released earlier this year by Global Industry Analysts, Inc. (GIA), the global fragrances and perfumes market is expected to exceed $33 billion by 2015, “driven by a growing trend toward consumer urbanization, higher spending propensity and heightened importance of personal appearance and grooming. In addition, increased demand for youth-oriented, floral and exotic fragrances and celebrity perfumes will set the pace for rapid market expansion.” The report predicts that women’s fragrance will lead the market, but that the men’s category is on course for rapid acceleration. GIA adds that while regions such as the U.S. and Europe are witnessing slight comebacks from a flat period, emerging world markets are picking up the slack, and providing opportunity for future growth. GIA says the niche segments of luxury as well as custom fragrances remained relatively stable throughout the recession, and continue to show marginal growth in sales. Packaging Trends Karen Grant, vice president, NPD Beauty—and a member of Beauty Packaging’s Board of Advisors—notes the same prestige trends domestically, and credits innovative packaging for much of the continuous and renewed interest. According to NPD research, year-to-date January-June 2011, women’s fragrance sales fell slightly (12% in dollars), while men’s grew by an impressive 35%. Women’s fragrance launches generated $32.9 million for the period. “In looking at the top women’s launches,” says Grant, “the trends we saw were big, plastic flowers on recent top launches including Daisy Eau So Fresh, Justin Bieber Someday, and Bond No. 9 Madison Square Park.” In fact, says Grant, “the January 2011 launch of Daisy Eau So Fresh garnered a 20 percent share of total launch volume, a 32 percent share of women’s.” For year-to-date 2011, Daisy Eau So Fresh generated $10.6 million, or close to $2 million more than last year’s top ranked first half launch brand, Chance Eau Tendre.” Justin Bieber Someday, Grant reports, which hit counters in June 2011, captured over 6% of all launch dollars, a 10% share of women’s. “This marks the strongest first month sales among all launches this year, with over $3.3 million generated in its debut month on counter.” Other notable trends among the top women’s launches, according to Grant, were accents on the bottles such as the bows on Bulgari Mon Jasmin Noir and Chloe Rose, and the charm hanging from the Coach Summer Edition fragrance. The color gradations on summer-edition fragrances including CK One Summer 2011, Estée Lauder Bronze Goddess Soleil and Thierry Mugler Alien Sunessence Or D’Ambre “showcased the vibrant colors of the season,” says Grant, while the floral designs on the bottles of Calvin Klein Eternity Summer 2011, Philosophy Summer Grace, and Givenchy Very Irresistible L’Intense “brought a soft and elegant feel to the scents.” Men’s prestige fragrance launches, according to NPD research, generated $19.4 million for the period, which resulted in a 35% growth in dollars when compared to year-to-date 2010. In looking at the top men’s launches, Grant says packaging trends included strong lines with metal accents, such as Prada Amber Pour Homme Intense, Pure Nautica Discovery, Gucci Guilty Homme, Ecko Blue, Angel Men Pure Havane, and Burberry Sport Ice Men. In addition, Grant points to “bold designs such as the cubic Zen for Men White Heat, the classic shape of a man for Le Male Summer 2011 (which is characteristic of Jean Paul Gaultier scents), and the uniquely cylindrical design of Aqva Pour Homme Toniq and Aqva Pour Homme Marine Toniq, which represent strong masculinity. Celebrity Appeal Celebrity and designer appeal continue to soar in both the mass and prestige markets. GIA says fragrance sales are driven by the strength of big name endorsements, and that demand for celebrity-inspired scents shows no signs of abating. Additionally, the researcher reports “the fine fragrances market is increasingly looking at the teenage segment as a potential growth market.” The pending department store launch of Grammy Award winning singer/songwriter Taylor Swift’s first fragrance, Wonderstruck, from Elizabeth Arden, will undoubtedly be a hit not only with her younger fans, but with a more mature market as well, due to its exotic, magical and personalized packaging. The name Wonderstruck comes from the song “Enchanted” on Taylor’s current album, Speak Now. Swift says, “I wrote the lyric, ‘I’m wonderstruck, blushing all the way home,’ about the first time you meet someone. A fragrance can help shape someone’s first impression and memory of you. It’s exciting to think that Wonderstruck will play a role in creating some of those memories.”
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