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Perfume brands must create bottles and secondary packaging for a marketplace that is growing increasingly more digital and eco-minded.
August 2, 2021
By: Christine Esposito
Managing Editor
It is shaping up to be a much better year for fine fragrance. According to The NPD Group, first quarter sales of US prestige fragrances were $953 million, up 45% compared to Q1 of 2020. In the weeks leading up to Valentine’s Day, sales increased sharply. Fragrance sets with a free gift and perfumes both rose triple-digits. The momentum carried over to the next big gifting holidays that followed—Mother’s Day and Father’s Day. Both were deemed a success at the cash register. During the two weeks leading up to Father’s Day, for example, men’s fragrance sales increased 68% compared to 2020, according to NPD. With sales rebounding, marketers can rest assured that scent remains important in the beauty business. But they can’t rest on their laurels. In addition to the ever-present pressure to create enticing new juices, fragrance companies are coming face-to-face with rising demand for more sustainable products. Reuse, Reduce Marketers of fine fragrances are addressing sustainability on both sides of the equation—ingredients and packaging.
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