Economies and Consumers

Smells like teen spirit: Premium fragrances for 13-19-year-olds

by September 27th, 2006

Teens have become key spenders; a much-hyped fact that in terms of beauty products has spawned a new category of fun and funky, fashion-led lines and functional, problem-solving brands. Fine fragrances have formerly stood beyond this market, positioned at an older consumer and priced accordingly, but this is starting to change as the premium segment looks for new avenues to growth.

Ready meals benefit from lifestyle and demographic trends

by June 13th, 2003

Ready meals are currently one of the most dynamic sectors in the global packaged food market, registering value growth of nearly 4% during 2002. While developed US, UK and Japan markets, which account for 66% of global value sales, clearly dominate, key emerging markets of Eastern Europe, in particular, are also increasingly attracted by the convenience of such products. Per capita consumption in the Czech Republic, for instance, is at over 5kg comparable to that in Germany, and total market value in the region grew by 11% during 2002.

The lure of generation Y

by December 20th, 2002

With a plethora of anti-ageing products flooding the market, catering for society’s baby boomers would appear to be at the fore of new trends within the cosmetics and toiletries industry. However, manufacturers have also set their sights firmly at the other end of the spectrum, on the tweens and teens market, as they increasingly segment products across all age groups.

Private label in the UK (part 1): the personalisation of private label

by November 26th, 2002

The price battle which formed a large part of the private label war has ended in something of a truce between Sainsbury’s, Tesco and Asda. While competition remains fierce, there has been a palpable shift in strategy from cheap and cheerful private label to private label ranges that offer consumer lifestyle solutions, particularly among the top two grocers; Tesco and Sainsbury’s.