Sustainable Development & The Fragrance Industry
May 21, 2024 2024-07-04 9:21Sustainable Development & The Fragrance Industry
Emerging top niche perfume brand trends are a result of climate change and its effects on the fragrance sector. The industry has already seen a noticeable rise in eco-ethical issues in recent years. Due to the widespread perception among customers, particularly in the EMEA region, that scents are less sustainable than other BPC categories, fragrance firms face difficulties.
To combat this, firms need to speak more openly and be more forthcoming with their sustainability promises. This is because customers are still dubious of claims made by brands that are more environmentally friendly. Beyond open and honest communication, brands can:
Create novel scents and sustainable products
Appeal to consumers’ curiosity in the components and manufacturing processes of perfumes.
Make sustainability the standard and incorporate it into every aspect of the product—not just the packaging, for instance—by emphasizing the procurement of locally sourced ingredients.
Even though fragrance bottles frequently have basic designs and little on-pack space, there are still ways for firms to appeal to consumers who are inclined to look for ethical promises on packaging. Despite space constraints, one effective technique to convey eco-ethical information on-pack is by using QR codes that direct consumers to educational websites on topics like ingredient sources and the production process.
Another strategy to assist companies increase their eco-profile is through celebrity ambassadors. Actress Emma Watson advertises the benefits of Prada Paradoxe Eau de Parfum’s refillable formula. The reusable spray bottle’s construction minimizes weight and glass used for a more environmentally friendly result.
Use Creative Textures to Unlock New Opportunities
Based on trends in the fragrance market, it can be seen that BPC products with unique textures are more appealing to young females in Asian countries like China than traditional perfume sprays.
Nowadays, 65% of launches in the perfume market adhere to the classic formats of sprays, mists, and spritzers. Brands should reevaluate their formats to enable fragrance discovery with no commitment during a time of economic hardship when most consumers are frugal with their spending. They should also create accessible elegance for those on a lower budget by utilizing innovative entry-level layouts and elevated experiences, like scented body products, hair perfumes, and accessories.
Take the Lead in Innovation with Multifunctionality & Secondary Elements
While customers in APAC, and particularly lower-income households, are drawn to novel formats, one of the most popular scent trends in the US market is the incorporation of features that elevate a product beyond others.
With supporting components like skincare, premium items may stand out and improve brand perception. Belgium perfume Brands can market scent items with several functions, highlighting the advantages of a single product:
- In times of economic hardship, two-in-one ideas save money and add value to a product, which helps customers on tight budgets.
- Users find multifunctional formulations that blend scent with skincare or cosmetics handy since they remove the need for additional processes.