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FRAGRANCE MARKET TRENDS PREPARED FOR SWSCC CONFIDENTIAL August 2019

FRAGRANCE MARKET TRENDS - SWSCC...4 FRAGRANCE MARKET TRENDS SWSCC August 2019 0 500 1000 1500 2000 2500 3000 1998 1 2003 2 2008 3 2013 4 2018 5 GLOBAL NEW FRAGRANCE LAUNCHES …

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Page 1: FRAGRANCE MARKET TRENDS - SWSCC...4 FRAGRANCE MARKET TRENDS SWSCC August 2019 0 500 1000 1500 2000 2500 3000 1998 1 2003 2 2008 3 2013 4 2018 5 GLOBAL NEW FRAGRANCE LAUNCHES …

FRAGRANCE MARKET TRENDSPREPARED FOR SWSCC

CONFIDENTIAL August 2019

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2FRAGRANCE MARKET TRENDSSWSCC August 2019

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4FRAGRANCE MARKET TRENDSSWSCC August 2019

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GLOBAL NEW FRAGRANCE LAUNCHES OVER TIME

Non-niche

Niche

Over the last 20 years:• 800% growth in annual launches • Niche brands went from 21% of newness to 44% of all new launches• Est. 5% of sales dollars, but niche = a potent source of inspiration for trends

Source: fragrancesoftheworld.info

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5FRAGRANCE MARKET TRENDSSWSCC August 2019

Heading 1 Heading 1 Heading 1

Maker Movement ManifestoCrafters, hackers, tinkerersMicrobrewsArtisan coffeeMetalworking, woodworkingLifestyle & educational philosophy: learn by doing

Access to informationAccess to raw materialsRetail not necessary

Big Beauty not coolRetail not coolDTC fragrance exploring communication & sampling challenges

WHY NICHE NOW

The will, the way, the underserved market

Maker Movement Bye Bye Barriers to Entry Shifting Consumer Habits

1 2 3

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6FRAGRANCE MARKET TRENDSSWSCC August 2019

CULTURE CONTINUUM

Niche Commercial appeal

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7FRAGRANCE MARKET TRENDSSWSCC August 2019

CULTURE CONTINUUM

Niche Commercial appeal

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8FRAGRANCE MARKET TRENDSSWSCC August 2019

THE HOURGLASS EFFECT

Copycat & me-too fragrancesNo distribution controlUninspiring retail experience

Perceived quality relative to selling priceFaceted, rounded, commercial fragrancesStrong communication campaignInconsistent retail experience

Overdose of ingredientsImmersive retail experienceTons of seasonalityLow digital presenceDriving trends

Quality & overdose of ingredientsImmersive experienceHighly selective retail & digital distributionDriving trends

N I C H E

P R E S T I G E

M A S S

S P E C I A L T Y

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9FRAGRANCE MARKET TRENDSSWSCC August 2019

HOW DO WE INSPIRE PERFUMERS?

https://jauntful.com/mmg212/rB-38SZ5L

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10FRAGRANCE MARKET TRENDSSWSCC August 2019

PERFUMER GINO PERCONTINO ON CANNABIS

It has like this mango, tropical fruit, juniper. . .

(yeah but it has texture that’s different, like a fleshy texture)

It’s rhubarb-y, and you get that grapefruit, even, feeling. . .that. . .kind of bitterness.

Oh, I love that one!

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11FRAGRANCE MARKET TRENDSSWSCC August 2019

Synthetic aromachemical

Proprietary to MANE

Citrusy, rhubarb, bitter

Starting point for “growing cannabis in a perfume bottle”

BETAHYDRANE™

Let’s smell!

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12FRAGRANCE MARKET TRENDSSWSCC August 2019

Discovered by accident

Natural extraction

Proprietary technology

Sustainable

Delivers maximum benefit at the origin of the value chain

A different starting point for “growing cannabis in a perfume bottle”

TIMUR PEPPER PURE JUNGLE ESSENCE™

Let’s smell!

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13FRAGRANCE MARKET TRENDSSWSCC August 2019

Natural extractionProprietary technologySustainableDelivering maximum benefit at the origin of the value chain

Timur Pepper Pure Jungle Essence™

https://www.youtube.com/watch?v=wZsq4pN1b9k

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14FRAGRANCE MARKET TRENDSSWSCC August 2019

CANNABIS IN RECENT NICHE LAUNCHES

Cannabis effects (whether called out or not) take a hit with peppery, citrusy, fruity, green, rhubarb, vetiver facets.

Dandelion FigShay & Blue

Kings WoodShay & Blue

HemingwayMasque Milano

PélargoniumAedes de Venustas

Freeway4160 Tuesdays

Green BubbleJusbox

Gamine

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1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025

COCONUT BECOMING THE NEW VANILLA (US)

In the US last year, 8% of all new launches called out coconut (vs 24% called out vanilla).

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16FRAGRANCE MARKET TRENDSSWSCC August 2019

FRESH ESCAPE COLLECTION JANUARY 2018

COCONUT FROSTED SNOWBALL Bath & Body Works

A wintry mix of frosted coconut, North Pole vanilla & winter freesia.

Winter launch

COCONUT: NO LONGER JUST FOR SUMMER

PINK SPIRIT VS PINK

fruity gourmand with fresh coconut, creamy praline & wild berries

Fall launch

COCONUT PUMPKIN LATTE BBW Hand Soap

A freshly brewed cup of coconut cream, whipped pumpkin & warm praline.

Fall launch

WHITE COCONUT CARAMEL BBW Hand Soap

A creamy, nutty treat of coconut flakes, toasted hazelnut & caramel swirl.

Fall launch

COCONUT MACAROONBBW Home Candle

Toasted coconut, fresh baked cookie, vanilla bean, touch of spice with essential oils

Fall launch

BRONZED COCONUTVS PINK

fruity gourmand with fresh coconut, warm with toasted coconut, juicy mango & tiare petals

End of Summer/pre-Fall launch

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17FRAGRANCE MARKET TRENDSSWSCC August 2019

COCONUT ISN’T JUST FOR SPECIALTY

Love the Way You FeelKilian

Luxury $200+

Rising SunShiseido

For the Asian market

First Instinct ExtremeAbercrombie & Fitch

Masculine

Pacific LimeAtelier Cologne

Genderless - mainstream

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Accord = an olfactive idea, a piece of a fragrance

Contains both Betahydrane™ and TimurPepper Pure Jungle Essence™

Creamy, warm, sensual, totally commercial

Reflects wellness trend: CBD + MCT

CANNABIS COCONUT ACCORD

Let’s smell!

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212 VIP MEN PARTY FEVER

A liberating herbal cocktailThis fresh summer scent

opens with a spicy energy, then mellows with

a herbaceous cannabis accord in the heart, giving

the fragrance an edge of risk. The base features the seductively masculine

combination of cedarwood and musk.

MALIN & GOETZ CANNABIS EDP

No lingering side effectsOnce defiantly naughty, now

inescapably chic, and always a rite of passage, cannabis has never been more à la mode. Because cannabis is a natural medicinal herb, we consider it a perfect

"modern apothecary" ingredient. Our cannabis edp fragrance

balances spicy herbs with white floral notes and a hint of lingering smokiness. One whiff and you'll

know the feeling. Lazy afternoons. Fading innocence.

Endless possibilities.

REPLICA MUSIC FESTIVAL

A hypnotic daydream of Woodstock on a sun-drenched summer day, exuding

rich and heady notes of cannabis, incense oil and leather accord. Lying

amongst an endless verdant landscape of greens and fresh buds, you feel the brightness of sunshine

and a red apple accord overcome your senses. Vibrations of sound and

throbbing melodies push you deeper into a trance of peace as a spirituous rush of tobacco and incense accord heightens your senses and free your mind. Day breaks into night, but the trail of earthy cedarwood and leather

scents flow through the evening summer breeze, eternalizing your

state of nirvana.

CLEAN RESERVE HEMP & GINGER

A playful and lively scent, Hemp & Ginger will delight

both the extrovert and artistic Clean lover.

CANNABIS CALLOUTS IN MAINSTREAM PRESTIGE

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20FRAGRANCE MARKET TRENDSSWSCC August 2019

Finished fragrance, contains both Betahydrane™ and Timur Pepper Pure Jungle Essence™

Cannabis = the new fresh

Topnote

Citrusy, green, aromatic, herbaceous

Understated nod to wellness

Genderless

Timely & on-trend

CREATIVE BEAUTIFUL DIFFERENT

Let’s smell!

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THANK YOU

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22FRAGRANCE MARKET TRENDSSWSCC August 2019

ADDITIONAL TRENDS

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23FRAGRANCE MARKET TRENDSSWSCC August 2019

• Barely detectable• Amplify—not overwhelm—your own scent• Effortless• Melt into skin• Evaporate in intimate puffs• “A deceptively expensive white t-shirt”• Notice you, not your perfume• Intimate, personal• Pashmina, goose feathers, pink translucent

creamy skin

NO-MAKEUP MAKEUP NO-FRAGRANCE FRAGRANCE

“The Softies”

“You. . .only better.”

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24FRAGRANCE MARKET TRENDSSWSCC August 2019

BEAUTY FIRST

Bath & Body Care Hair Care

Color Cosmetics

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25FRAGRANCE MARKET TRENDSSWSCC August 2019

SCENTING COLOR

L'Or has a distinctive and delicate floral scent. The first peach note blended with an accord of vegetal notes is fresh and sparkling. The rose, raspberry and jasmine heart is enriched with a powdery base of balsamic, benzoin and white musk.

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26FRAGRANCE MARKET TRENDSSWSCC August 2019

Au Bord de la MerL’Artisan Parfumeur

Coastal Cypress & Sea FennelMolton Brown

High TideBurberry Bespoke

Sir GallahadIsabey

Song of the Siren No 49Tokyo Milk

SEASIDE RENDEZVOUS

Tears of Men Who Have Wronged MeBullicorn Rainbow

Walk the SeaKerosene

Pacific Rock MossGoldfield & Banks

Olfactively, these are all over the map

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FlowerbyKenzo Eau de LumièreKenzo2017

L’Air du Temps L’AuroreCacharel

2017

Le Cri de la LumièreParfum d’Empire

2017

INTO THE LIGHT: 2018

J’Adore Eau Lumière2016

LumièreLalique

2017

Lumière du DésertChoix2018

Neroli Lumière Bastide

2017

Ombre et LumièreArmani Privé

2018

Peau de Lumière MagiqueStarck2018

Shalimar Souffle de LumièreGuerlain

2018

Lumière DoréeMiller Harris

2016

Terre de Lumière L’Occitane

2016

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28FRAGRANCE MARKET TRENDSSWSCC August 2019

SundazedByredo

2019

GratitudeLuxor Fragrances

2019

HERE COMES THE SUN: 2019

Light di GioiaGiorgio Armani

2019

L’Air du CielNina Ricci

2019

Solar BloomCLEAN Reserve

2019

Sun SongLouis Vuitton

2019

Sunflowers Sunlit ShowersElizabeth Arden

2019

Flowerful Decadent MimosaYardley

2019

Rising SunShiseido

2019

Nivea SunNivea2019

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29FRAGRANCE MARKET TRENDSSWSCC August 2019

AT THE BALLET

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30FRAGRANCE MARKET TRENDSSWSCC August 2019

VIBE THING

PHLUR’s playlists DS & Durga’s Collaboration with Duran Duran

Listen to your fragranceRoom 1015

Playlists & music conceptsLola James Harper

JUSBOX is the symbiosis of fragrance & music

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31FRAGRANCE MARKET TRENDSSWSCC August 2019

FINDING NEW PROBLEMS TO SOLVE

Smokers’ PerfumeGoest

Smokers' Perfume is especially made for those who carry the scent of cigarette smoke on their

clothes, hair, and skin. This perfume and the smell of cigarette smoke are two halves of one

complete unisex scent. Each "hard pack" box of Smokers' Perfume contains five mini spray tubes which fit individually into any standard pack of

cigarettes for portability.Before or after smoking, spray Smokers' Perfume on clothing, hair, or skin. It will combine with the

smell of cigarette smoke that will adapt uniquely to you, and your brand of cigarettes.

Wide Society

Travel solutions for perfume lovers: portable, refillable, designed to comfort the symptoms of jetlag, traveler’s

anxiety, and disorientation.Practical, simple and sophisticated, WIDE SOCIETY is a state

of mind.

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32FRAGRANCE MARKET TRENDSSWSCC August 2019

AUSTRALIA RISING

Fragrance brands emerging from untraditional parts of the world. In addition to these brands from Australia, we are also looking to Turkey (Nishane, Pekji), and Malaysia (Auphorie, Ningen).

Map of the Heart

Fort & Manle

Goldfield & Banks Australia

Grandiflora Mihan Aromatics

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33FRAGRANCE MARKET TRENDSSWSCC August 2019

CELEBRITY UPDATE

Prestige $8.1Mid-Tier $2.6Mass $20.7

Prestige $3.7Mid-Tier $1.7Mass $1.3

Prestige $1.6Mid-Tier $1.2Mass N/A

Prestige N/AMid-Tier $0.7Mass $5.7

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34FRAGRANCE MARKET TRENDSSWSCC August 2019

GENDER FLUIDITY

From “for both (nothing overtly fem/masc) ” to “----” to “intentionally fluid”