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Section: Fragrance > Personal Care/Beauty

Pf February2023 Twittercover

RTD Flavor Trends, Fragrance Formulation Upgrades and More in February 2023 Issue

Emerging consumer demands are offering opportunities for innovation across F&F.

The CitroButter product line is part of P2’s Plant a Forest initiative, where P2 plants a tree for every kilogram of product sold.

P2 Science Launches CitroButter S for Cosmetics and Personal Care

CitroButter S provides protection and hydration for the skin. In hair applications, CitroButter S provides a barrier to retain moisture and protect against heat, humidity and frizz for a healthier feel and look.

This year's PCHi Summit marked record-breaking attendance for the annual event.

PCHi Technology Summit 2024 Hosts 1000+ Attendees Highlighting Cosmetics & Personal Care Segments

The summit's central theme was the need for continuous innovation in a fast-evolving market driven by consumer demands for quality, efficacy, and sustainability.

L to R: Tarun Tahiliani, Sujata Assomull, Ryan J. Piela, Rochelle Pinto, Shana Randhava, Sumit Bhasin, Gianandrea Ferrari, Dr. Kiran Sethi, MD, Anaita Shroff Adajania, Shruti Chandra, Rosemin, Jaffrey Zaman

Beauty & You India 2024 Winners, Awarded by The Estee Lauder Companies’ NIV

Beauty & You 2024 event, themed “Supercharged Futures,” saw more than 660 applicants from more than 50 cities in the categories of skin care, makeup, hair care, fragrance and storytelling.

Impressions of You encourages users to layer by utilizing musky bases in each formula.

Glossier Launches 2 Skin-scent Enhancers Rêve and Doux with Musky Ambrox Base

Impressions of You encourages users to layer by utilizing musky bases in each formula.

Physical retail drove Q3 prestige skin care sales gains, though the online channel reportedly accounts for almost 40% of sales.

Q3 2022 Prestige Beauty Unit Sales and Revenue Grow Double Digits

Key drivers include hair health products, lip products, clinical skin care and interest in luxury fragrance.

“2025 remains a transition year for Coty,” CEO Sue Nabi explained

Coty Reports Third Quarter Financial Results, Shares Multi-Pronged Plan for 2026 and Beyond

According to the report, net revenue for the third quarter of the fiscal year was $1.299 million, a 6% decline from the previous year period.

Q1 2023 U.S. prestige beauty sales grew 16% year-over-year, totaling $6.6 billion, according to point-of-sale data from Circana (formerly IRI and The NPD Group). The mass beauty market generated $7.0 billion in the same period, representing growth of 10% versus the same period of 2022. Category-by-category Q1 growth trends are pictured in the graph at left.

Q1 2023 US Beauty Sales Driven by Lips, Prestige Fragrance, Clinical Skin Care & More

“Following a stellar 2022, the beauty industry continues to bask in the glow of growing sales,” said Larissa Jensen, beauty industry advisor at Circana.

Manufacturers are investing in novel and high-performance ingredients to meet consumer demand.

Perfume Ingredient Market Projected to Reach $11.4 Billion by 2032, Says New Market Report

Consumers are seeking premium formulations and spending more on their personal care products.

Juliette Karagueuzoglou, VP perfumer, IFF, said, “In a segment where bergamot and lemon tend to take center stage, our new grapefruit (pictured) and lime oils offer brands refreshing alternatives, with the same commitment to quality and transparency they expect from LMR.'

IFF's Ylanganate Floral Booster & Mindfully Produced Grapefruit and Persian Lime Oils to Debut at the 2024 World Perfumery Congress

Ana Paula Mendonça, president, scent, IFF, said, “Ylanganate, grapefruit and Persian lime oils exemplify mindful fragrance design that brings together the best of nature and cutting-edge science."

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