candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee...

28
candles and beyond 2010 Home Fragrance Overview

Transcript of candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee...

Page 1: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

candles and beyond2010 Home Fragrance Overview

Page 2: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

air care industry review

Air fresheners* sales

increased 15% from 2004-

2007 but declined -8%

from 2007-09 as

consumers cut spending

Candles sales decreased -

12% from 2004-09.

*sprays, plug-ins, deodorizers

Page 3: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

Air care forecast

Air fresheners sales will

increase 10% during 2009-14

Candle sales are projected to

grow 16% from 2009-14.

Air Fresheners 2009 sales*=

$983 million

Candles 2009 sales**= $2.0

billion

* FDMx Mintel International Group ** National Candle Association

Page 4: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

Air care Opportunities

Potpourri sales more than doubled

from 2004-09 as consumers

demand for natural products

increased.

Air care sales are expected to

increase again as discretionary

spending recovers toward 2014.

Candles peaked by 2005; sales will

increase with the housing market

recovery and opportunities to

market candles in air care and

decor categories.

Page 5: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

Air apparent

“Which of the following air

fresheners, if any, do you use?”

Type %

Spray 64

Candle 48

Plug-in 40

Auto Freshener 30

Incense 16

Potpourri 17

Solid 16

Plug-in-Fan 14

Battery-Op Fan 7

Other 5

Do not use 6

base: Mintel Consumer Survey 2009

Page 6: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

shop talk-Air Care

Consumers purchase air

fresheners (sprays, solids,

deodorizers) primarily

through food, drug & mass.

48% of respondents made

their purchases at Wal

Mart.*

Brand % Use

Febreze 51

Glade 45

Air Wick 26

Renuzit 16

Lysol Neutra

Air14

2009 Mintel Air Freshener survey

Page 7: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

shop talk-candles

80% of candle sales come from non-FDMx*

channels (stores, catalog, internet, direct-

sellers).

Yankee Candle Company is the largest

retailer/manufacturer producing $401

million in 2009 with 498 US stores,

wholesale customers of 19,200 and

international distribution of 3,600 stores and

distributors in 43 countries.

White Barn Candle, a division within Bath

and Body Works, is estimated to produce $5-

10 million annually.*food, drug, mass stores, excluding Wal Mart

Page 8: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

Home Fragrance ~The players~

Wal Mart Target

Pier 1

Pottery Barn

Cost Plus

World Market

Bath &

Body Works

Yankee

Candle

Independent

Gift Stores

All FDMx

Gold

CanyonPartyLite

+PPT

-$$

-PPT

-$

+PPT

+$$$

-PPT

+$$$

Kohl’s

Bed Bath

& Beyond

Page 9: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

Comparative Assortment

Pillars Jars Plug Ins Diffusers Sprays Fillers

Yankee

Bath & BodyWorks

Pier 1

Pottery Barn

Bed Bath & Beyond

Kohl’s

Gift

Direct

FDM

Page 10: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

Florientals

Ambery notes, powdery notes, and

modern florals

Citrus notes emphasizing energy and

bursting combinations

Classic florals- Muguet, Honeysuckle,

Hyacinth....

Natural greens continue

Solar musks for warmth

New clean notes

Marine scents

Fragrance trends

Report 2010-The Fragrance Foundation

Page 11: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

Cardamom

Sweet Potato

Hibiscus

Cupuaçu

Rosewater

Latin Spices

Fragrance & Flavor trends 2010+

2010 US Flavor & Fragrance Trends-US (Mintel)_

Page 12: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

MUSKS AND MUSK BLENDS

auratouch

auranone

muscenone 98219

FLORAL CHEMICALS

magnolian

jacinthaflor

NEW AMBERS

ysamber K

cetalox 9222510

Fragrance & Flavor trends 2010+

2010 US Flavor & Fragrance Trends-US (Mintel)

Page 13: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

Think outside the box

Momentum continues toward sustainability/eco/green

Simple

Technology inspired

Collectible/luxury inspired

High quality packaging that says “I have to have it”

Page 14: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

Food & Drink Trends 2010Exotic Chocolate

Ethnic Foods, more Mexican

and African

“Time for Tea” Culture

Leatherhead Food Research 2010

Page 15: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

Location. Location. Location

Eco-friendly product groups

Candles emphasized for air

fresheners v. décor-only

High end value price point

product offers

Candles as emotional appeal

for family gatherings (even

simple dinners) during these

difficult economic times

Page 16: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

Color forecast2011

Page 17: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

Color Direction 2011

Pantone Colour View 2011

Page 18: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

Color Direction 2011

Pantone Colour View 2011

Page 19: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

Color Direction 2011

Pantone Colour View 2011

Page 20: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

Color Direction 2011

Pantone Colour View 2011

Page 21: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

Color Direction 2011

Pantone Colour View 2011

Page 22: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

Color Direction 2011

Pantone Colour View 2011

Page 23: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

Color Direction 2011

Pantone Colour View 2011

Page 24: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

New PRODUCTS2011

Page 25: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

: NewPronunciation: \ˈnü1 : having recently come into existence : recent, modern

Bath and Body Works

Page 26: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

: NewPronunciation: \ˈnü1 : having recently come into existence : recent, modern

Pottery Barn

Page 27: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

: NewPronunciation: \ˈnü1 : having recently come into existence : recent, modern

Estéban

Page 28: candles and beyond · 2010. 6. 8. · channels (stores, catalog, internet, direct-sellers). Yankee Candle Company is the largest retailer/manufacturer producing $401 million in 2009

: NewPronunciation: \ˈnü1 : having recently come into existence : recent, modern

L’Artisan Parfumeur

Chez Moi Perfume Diffuser System