Shower Soap, Bath & - OCTOBER 2020 - Sozio
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AT A GLANCE... In light of COVID-19’s impact, hygiene remains the top of mind for consumers. The Soap, Bath, & Shower (SBS) market will continue with slow, but steady growth. ● Adults are seeking premium body wash scents, as well as relaxing and therapeutic claims offered by bath products. ● Eco-conscious consumers are more interested in saving water through new innovative products and making changes to their daily routines to help conserve the planet’s natural resources.
TABLE OF CONTENTS 1 2 3 MARKET TRENDS FRAGRANCE OVERVIEW COVID-19 Impact Remixing Rituals Olfactive Trends Category Overview Everyday Luxe Sozio Fragrance Analysis Key Brands Gender Breakdown Fragrance Collection Facts and Figures Saving Water Trending Now
MARKET OVERVIEW • COVID-19 Impact • Category Overview • Key Brands • Facts and Figures • Trending Now
MARKET OVERVIEW – COVID-19 Impact Consumer Routine Shift The impact of COVID-19 is apparent in every industry, considering SBS and its close ties to hygiene, sub-segments like handwash and liquid soap will continue to see growth. The hand sanitizer segment will continue to see growth and innovation as the product becomes a daily essential. Consumers will look for convenient packaging, better performance, safer ingredients and enhanced functionality like moisturization or healing. Timeline Short Term Medium Term Long Term (0-6 months) (6-24 months) (2+ years) The focus on hygiene Hygiene and safety There will not likely be and safety have will continue to be a huge impact in the increase us of hand critical for consumers long term in the SBS sanitizer and soap. when faced with the market as people shift Mental health is part possibility of infection, back to their usual of conversation as especially as they hygiene behavior. isolation and begin returning to Normal levels are restrictions continue, work. Soap and hand anticipated in the leading the rise of sanitizer will continue long term. more self-care rituals to be important and like bathing. will have an increase focus on efficacy. Source: Mintel, The Future of Soap, Bath & Shower Products 2020 -2-
MARKET OVERVIEW - Category Overview Market Factors Total US retail sales forecast of SBS products, by segment, at current prices, 2014-24 925 new product launches in 2019 • Retail sales were estimated to reach $6.5 billion in total retail sales of 2019, an increase of 2.4% from 2018. Source: Mintel SOAP, BATH & SHOWER PRODUCTS, US- FEBRUARY 2020 -3-
MARKET OVERVIEW - Category Overview Facts to Consider Younger adults, Bath products ages 18-34 continue to report above experience strong average usage for gains, increasing all bath products, sales by 28% from making them the 2017-2019. prime target. Consumers want products not only The SBS market to cleanse but to is expecting to also make their reach $7.45bn by skin feel good. the year 2024. Source: Mintel SOAP, BATH & SHOWER PRODUCTS, US- FEBRUARY 2020 -4-
MARKET OVERVIEW - Category Overview Market Estimation by Country The top 5 retail value SBS markets, 2020 (USD) 7 20% 6 5 12% 12% 4 Billion 3 8% $ 2 6% 1 0 U.S. China India Brazil Japan Country • The US market accounts for about 20% of global retails sales, followed by China & India, Brazil, then Japan. • These mature markets are losing market share with countries like Turkey showing the fastest retail market growth followed by Russia and Vietnam. Source: Mintel THE FUTURE OF SOAP, BATH & SHOWER PRODUCTS, 2020 -5-
MARKET OVERVIEW - Category Overview Top Sub-Categories for SBS Market Segmentation by Sub- Launches Categories % by segment, US, 2019 by value (m USD), US, 2019 Bath Additives Bath Additives $487.00 19% Bar Soap $1,543.00 Shower Shower Products Products 42.30% $3,182.00 Bar Soap 20.50% Liquid Soap Liquid Soap $1,239.00 17.90% 2020 Facts To Consider • Bar soap usage is continuing to decline due to continued adoption of liquid products . • Liquid body wash shower products dominate the SBS market, accounting for 49% of category sales in 2019. • Bath additives are gaining popularity as the need for self -care becomes more prominent with consumers. Source: Mintel, GNPD 2020, SOAP, BATH & SHOWER PRODUCTS, US- FEBRUARY 2020, Market Size 2020 -6-
MARKET OVERVIEW - Facts & Figures Market Leader Breakdown of SBS Market % of company retail market share (by value), US, 2019 TOP BRANDS $2.18 billion Meijer in sales for top market Other Essentia l s by Clearly Natural player 18.6% Unilever Victoria’ s Secret Unilever 33.9% Kroger Own Label Dove 9.1% Alaffia Parfums de Coeur, Ltd. Dial 3.1% Addison & Gates Johnson & Johnson Henkel Colgate-Palmolive 3.3% 9.7% Pacha Soap Co. Procter & 11.2% Gamble 11.1% Softsoap Philo s op h y Source: Mintel, GNPD 2020 • Unilever continues to dominate the market; however, smaller brands are gaining traction while most leading players losing market share. Source: Mintel, Market Size 2020 -8-
MARKET OVERVIEW - Facts & Figures Top Product Formats & Textures for SBS % by Variants, US, 2019 Spray / Mist / Liquid Spritz 2% Mousse 2% 2% Whipped 3% Facts To Consider Cream 4% • Gels / Jelly textures are the most Scrub popular formats for SBS products. 10% These types of formats can be attributed to products like liquid shower gels. Gel / Jelly 47% Oil • While the rise of bath additives 7% continue, Granules / Salt and Scrubs continue to grow as well. This is mainly in line with self-care and bathing rituals. Granules/ Salt 15% Foam 8% Source: Mintel, GNPD 2020 -9-
MARKET OVERVIEW - Facts & Figures Top Product Claims for SBS % by Segment, US, 2019 Convenience, Plus 3% Facts To Consider Product Tested 4% 5% • Natural and Ethical & Environmental take the lead in SBS product claims . Eco- Natural friendly lifestyles have 20% Positioning continued to increase and 6% consumers want more natural ingredi ents or packaging that is recyclable or compostable. Suitable For 8% • Free From clai ms li ke Paraben- Free or Cruelty-Free saw a Ethical & Functional Evironmental huge spike in 2019. Consumers 5% are looking for products that 17% do not contain hazardous Demographic materials or harsh chemicals. 7% Beauty • The fastest growing claim in Enhancing Free From SBS is Convenience. Consumers 11% 14% are starting to look for more products to help save time or that they can take on-the-go to fit into their busy lifestyles. Source: Mintel, GNPD 2020 - 10 -
MARKET OVERVIEW - Trending Now Alternatives For Shower Routines Consumers lives are busy and stressful and time -strapped individuals struggle to carve out “me time”. This presents brands with the opportunity to play with different formats for convenience and time -saving shower routines. The Formats And Functions Drive Convenience CNKCOS Multi-Cleanser is a solid format cleanser that is easy to use and functions well on the go, making it great for traveling. Multi-functional products is a strai ghtforward way to engage with a br oader range of consumers looking to enhance wellness routines with simple add-ons rather than complicated and time-consuming routines. CNKCOS Multi- Cleanser Honey Bean Reimagine and repurpose existing formats A simple strategy involves looking to bath additives and adapting formats for in-shower convenience. Shower bombs bring the added benefit of aromatherapy and relaxati on to the speed of showering for those who can’t carve out the time to take a bath. Adding shower bombs that also double as a cleanser or exfoliating scrub, furthers the Lush Sleepy notion of saving time only enhancing the product even more. Shower Bomb Source: Mintel, The Future of Soap, Bath & Shower Products 2020 - 11 -
MARKET OVERVIEW - Trending Now Hair Care Trends Impact SBS Routines 34% What To Consider • The concerns around frequent hair washing have caused some Of adults are agree that frequent washing can consumers to skin their daily hair washing. Given that hair damage their hair. washing takes place in the shower, less frequent hair washing not only impacts the haircare market, but, also the soap, bath Source: Mintel, SOAP, BATH AND and shower products market. SHOWER PRODUCTS 2020 • These behaviors indicate challenges for brands, as less frequent showering and bathing can lead to less frequent product usage. 28% • Women are more likely than men to skip their daily hair washing due to the concerns that it is damaging; therefore, it is not surprising that they are more likely to shower and Of adults agree that they are showering/bathing less bathe less. This highlights chall enges for brands, as women because they’re washing their trend to be more i nvested and engaged in their personal care hair less often. routines, making them a prime target for most companies. Source: Mintel, SOAP BATH AND SHOWER PRODUCTS 2020 Source: Mintel, SOAP, BATH & SHOWER PRODUCTS, US- FEBRUARY 2020 - 12 -
MARKET OVERVIEW - Trending Now Personal Care Home Care An increasing number of brands are focusing on beauty and household markets. Many brands are tapping into the common themes that consumers want to see in both categories such as natural or eco -friendly products. S h o w e r G e l , H an d S o ap , H ai r C ar e , D e od or an t B od y W as h , D e od or an t , H an d W as h , B ab y C ar e L au n d r y C ar e , D i s h C ar e , S u r f ac e C ar e L au n d r y C ar e , D i s h C ar e , Su r f ac e C ar e L o v e B e a u t y A n d P l a n t , L o v e H om e A n d P l a n e t S e v e n t h G e n e r a t ion B o d y W as h B od y W as h , H ai r C ar e , B u b b l e B at h , B ab y C ar e L au n d r y C ar e , D i s h C ar e , S u r f ac e C ar e L au n d r y C ar e , D i s h C ar e , Su r f ac e C ar e Method Th e H on e s t C om p a n y - 13 -
TRENDS • Remixing Rituals • Intimate Wellness • Everyday Luxe • Gender Breakdown • Sustainability o Natural & Eco-friendly Positioning o Preventing Plastic Waste o Saving Water
TRENDS- Remixing Rituals The Growing Need for Self-Care • Bath products not only experienced an increase in usage, but also turned into the strongest sales performance in t he category, thanks to the growing demand for rituals to help consumers relax. • Looking to ex pand wellness soluti ons, cons umers remix ancient remedies for a new age, helping heal the bodies, hearts, and minds. OUAI Beauty Pie Dove • SBS Brands have the opp ortunity to become an Chill Pills Nourishing Relaxing integral part of these new rituals with scrubs Bath Bomb Body Polish Lavender and bath additives that cater to the needs of Body Wash this consumer . In the USA… 37% 59% 22% Of adults agree that Of consumers agree that Of consumers like to they care more about beauty and grooming create a spa-like the relaxing benefits of routines (i.e. bathing) atmosphere bath products than the are a good way to when they bathe cleansing benefits. reduce stress. from home. Source: Mintel, The Future of Soap, Bath & Shower Products 2020, Soap, Bath and Shower Products, US, February 2020, FahsionSnoops FH 21/22 - 15 -
MARKET OVERVIEW – Intimate Wellness Taking V Good Care Of Yourself Moving the category from hygiene to self -care, the women’s empowerment was a movement that caused for a shift in the intimate care category. Brands are squashing taboos and promoting self -love and confidence through everything from feminine washes to exfoliators. The Intimate Zero Taboos health industry It is a sulfate -free, most gentle intimate foaming wash for women to keep their private areas clean, smooth and is estimated to fresh. The wash specially focuses on intimate microbiome be worth balance, with a formula designed to maintain pH and feed $38 billion healthy bacteria. by 2026. Source: Vogue Queen V A brand that is focused on normalizing the conversations Opportunity Spotlight surrounding women’s health. Their feminine wash is dye - free, paraben -free, glycerin -free, contains vegan With consumers speaking extracts, healthy pH balanced, and supports private more open and candid hygiene for women of all ages. about their bodies along with the increasing awareness of female Summer’s Eve healthy and hygiene, Mass market brand, Summer’s Eve expands their feminine brands have the wash by offering a new product geared towards women’s opportunity to explore lifestyles. Their new Active cleansing wash is for use developing products for after exercise or a busy day running errands. Formulated the intimate care industry . with a blend of cooling oils and helps balance pH levels without any dyes, alcohol or parabens. - 16 -
TRENDS- Everyday Luxe Luxury Bath Experience • Mass market brands are taking more lux urious approach to new product launc hes with new products being ins pired by fi ne fragr ance scent but, still at affordable prices. • Upscale brands are using scents as t heir fine fragrances or premium candles products for their personal care products . Caress MALIN + GOETZ Bath & Body Works • With an uptic k i n self -care, consumers are Adore Forever Rum Coast wanting to indulge more in the SBS products . Body Wash Hand & Body Wash Body Wash In the USA… 57% 30% 46% Of consumers using SBS Of consumers agree that Of adults agree that products use or are they used fragranced they sometimes treat interested in using products SBS products instead of themselves to luxury that match the fragrance of a perfume or cologne. bath products. their perfume or cologne. Source: Mintel, SOAP, BATH & SHOWER PRODUCTS, US- FEBRUARY 2020 - 17 -
TRENDS- Gender Breakdown Not One Man Fits All • The definition of masculinity is every evolving, and men are more open to experiences that were reserved for women only. More masculine scents and packaging are being shown on bath additives. • Brands are beginning to target male consumers on their lifestyle routines (i.e. going to the gym) and behaviors to better address their needs. The Scent Library Midwest Sea Salt Co. Beast • Simple packaging is commonly found in unisex or LBK Water Ocean Breeze Tame The Beast genderless products, making them appeal to both Shower Gel Men's Bath Salt Body Lather men and women. In the USA… 61% 56% 76% Of older Gen Z male Of men agree that they Of young Millennial men consumers have tried or are bathing more often have used or are are interested in trying than a year ago because interested in pre/post- genderless beauty they want to relax. exercise bodycare products. products. Sozio has an entire collection and presentation for men. Ask for our SOZIO MEN’S GROOMING presentation Source: Mintel, The Future of Soap, Bath & Shower Products 2020, Soap, available for personal care applications. Bath and Shower Products, US, February 2020, - 18 -
MARKET OVERVIEW – Sustainability Natural & Eco-friendly Positioning Consumers are drawn to products that contain familiar ingredients, such as coconut oil and honey. Strong interest in familiar ingredients stems from the broader appeal of natural and clean products, as a consumers perceive these products as a safer option than mainstream products. 40% Raw Sugar Raw Sugar offers natural products at an Of buyers of natural and affordable price point, but also has strong organic shoppers buy ethical an environmental initiatives in natural/organic products place. They use eco-friendly packaging because they think they’re and donate a fresh bar of soap to a safer than mainstream ones. person in need through their Raw Giving Source: Mintel, A YEAR OF INNOVATION Program. IN SUNCARE 2020 20% Mrs. Meyers Mrs. Meyers had the strongest sales Of consumers rank performance for SC Johnson in their most environmentally sustainability recent review peri od. The brand leverages as one of their top three most a strong natural positioning while also important areas for companies offering a variety of unique fragrances to to support. help drive their growth. Source: Mintel, SOAP, BATH, AND SHOWER PRODUCTS 2020 Source: Mintel, SOAP, BATH & SHOWER PRODUCTS, US- FEBRUARY 2020 - 19 -
MARKET OVERVIEW – Sustainability Preventing Plastic Waste Consumers are becoming increasingly concerned with sustainability and are looking for ways to reduce their carbon footprint. Whether that is using recycled ocean plastic to create body wash containers or investing in refillable or plastic free packaging. 50% Blueland Blueland has household and personal car e products that come in the form of a smal l Of adults have not tried products that come in refillable tabl et, which users mix with water form packaging but are interested home. The offer a shatterproof glass in trying. pump bottle that be refillabl e and reused along with their foaming soap tablets. Source: Mintel, SOAP, BATH AND SHOWER PRODUCTS 2020 43% Method Method’s 2-in-1 dish & hand soap bottle i s Of consumers are interested in recyclable/plastic-free made with a blend of recovered ocean packaging. plasti c from Hawaii along with post- consumer recycled plasti c making it the Source: Mintel, SOAP BATH AND first of its kind. SHOWER PRODUCTS 2020 Source: Mintel, SOAP, BATH & SHOWER PRODUCTS, US- FEBRUARY 2020, Method Website - 20 -
TRENDS- Sustainability Saving Water In the USA… 30% Of adults agree that they are trying to use Yuni EC30 Nude & Crude Seventh Generation less water when No Rinse Body Enlightened Clean Waterless Shower Waterless Shower showering and/or Cleansing Foam Body Wash Soap Powder Soap Powder bathing. • The waterless trend is growing as jus t one of many sus tainability strategies, but the crucial aspect is t o to take the concept all the way through the sup ply chain, fr om ingredient sourcing and 71% manufacturing to the end product in order to be truly green. • Product innovations that offer the cleansing benefits consumers Of consumers express need, but also require less water to use and formulate will not onl y the interest in help consumers adapt to a water-scarce world, but also help brands innovations that help better reach eco-conscious consumers . save water. • Consider innovations li ke fast-ri nse technol ogy or waterless formulations . Source: Mintel, The Future of Soap, Bath & Shower Products 2020, Soap, Bath & Shower Products, US, February 2020, A Year In Innovation In Soap, Bath & Shower 2020 - 21 -
FRAGRANCE • Olfactive Trends • Sozio Fragrance Analysis • Fragrance Collection o Fresh Botanicals o Traditional x Tropical o Treat Yourself
FRAGRANCE - Olfactive Trends Top Fragrance Groups for SBS % by segment, US, 2019 Marine Fresh & Clean 2% 2% Fruity 3% Citrus 7% Most Popular Green/Herbal/ Fragrance Components for SBS Products Woody Fantasy 26% 6% LAVENDER COCONUT MINT HONEY Floral 25% Gourmet/Edible 29% •GOURMAND/EDIBLE fragrance group remains leading fragrance family in new product launches as consumers desire mood-boosting treats and experiential scents. •GREEN/HERBAL/WOODY & FLORAL fragrance families tie into the idea of natural ingredients and aromatherapy aspects supporting the botanical and herbaceous olfactive trends. Source: Mintel, GNPD 2020 - 23 -
CITRUS FLORAL FRUITY FRAGRANCE - Olfactive Trends - 24 - GREEN/AROMATIC ORI ENTAL WOODY
Fresh Botanicals a collection inspired by garden grown botanicals that give a fresh and natural feel Perfect Peony Shower Gel Bath & Body Works White Tea & Basil Wild Meadow Body Wash Hand Wash Nivea Method - 25 -
FRAGRANCE – Sozio Collection // Fresh Botanicals SZUSM000813 SZUSM000811 SZUSM000812 PEONY BLOOMS & IVY GREEN TEA & BASIL AGAVE NECTAR & CUCUMBER Floral/Green Citrus/Aromatic Green/Woody Top: Lush Greens, Rose Water, Top: Lemon, Top: Dewy Cucumber, Fresh Cut Stems Bergamot, Orange Aloe Vera, Crisp Apple Middle: Pink Peony, Jasmine Middle: Tea Leaves, Middle: Violet Leaf, Magnolia, Muguet, Ivy Leaves Herbal, Basil, Sage Lavender, White Floral Base: Sandalwood, Base: Woody, Base: Musks, Cedarwood, Musks Musks Cedarwood Alternate Name Alternate Name Alternate Name Water Lily & Rose Lemon Blossom & Sage Green Apple & Aloe - 26 -
TRADITIONAL x TROPICAL recognizable ingredients are combined with exotic tropical fruits and botanicals for unique new fragrances Pineapple Papaya Body Wash Maui Moisture Pomegranate & Golden Glamour Hibiscus Tea Feminine Cleansing Wash Body Wash Summer’s Eve Dove - 27 -
FRAGRANCE – Sozio Collection // Traditional x Tropical SZUSM000814 SZUSM000816 SZUSM000815 BLACKBERRY & PASSION FLOWER PINK POMELO & PALM TIARE PETALS & PINEAPPLE Fruity/Floral Fruity/Tropical Fruity/Floral Top: Tropical Berries, Top: Tropical Fruits, Top: Tangerine, Star Apple Pink Pomelo Sparkling Pineapple Middle: Passion Flower, Middle: Mango Pulp, Middle: Coconut Milk, Rhubarb, Black Currant Guava Nectar Tropical Blooms Base: Vanilla, Base: Musks, Base: Vanilla Orchid, Woody, Musks Palm Leaves Creamy Woods, White Musks Alternate Name Alternate Name Alternate Name Acai Berry & Hibiscus Mango Leaf & Grapefruit Pineapple Blossom & Coconut - 28 -
TREAT YOURSELF fine fragrances and rich premium scents inspire a collection that make you feel extravagant without breaking the bank Amber & Honey Body Wash SoftSoap Mystique Foever Neroli Body Wash Body Wash Caress Dial - 29 -
FRAGRANCE – Sozio Collection // Treat Yourself SZUSM000817 SZUSM000819 SZUSM000818 DAHLIA & PLUM BLOSSOM HONEYSUCKLE & AMBER CASHMERE VANILLA & MAGNOLIA Fruity/Floral Oriental/Fruity Floral/Oriental Top: Dark Plum, Osmanthus, Top: Anjou Pear, Top: Ripe Blackberry, Pink Lady Apple Raspberry Jam Orange, Creamy Coconut Middle: Peach Blossom, Middle: Star Jasmine, Middle: White Tuberose, Red Dahlia, English Rose Honeysuckle, White Lily Magnolia Blossom, Wild Jasmine Base: Woody, Base: Vanilla Sugar, Amber Base: Opulent Woods, Musks Sandalwood, Velvet Musks Cashmere Musks, Vanilla Alternate Name Alternate Name Alternate Name Rosehip & Peach Nectar Star Jasmine & Honey Warm Vanilla & Tuberose - 30 -
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