Summer festivals and Love Island see shoppers buy 60,000 more glitter products
Bracknell, UK; 1 August 2018 – Glitter season is in full swing with sales of glitter cosmetics worth more than £300,000 to retailers during the four week period 25th June 2018 to 21st July 2018 [IRI Retail Advantage w/e 21st July 2018] and up an impressive 321% compared to the same period last year. This is according to the latest data analysis from IRI, a leading provider of big data and predictive analytics for FMCG manufacturers and retailers.
Festival goers, party lovers and fans of the ITV series Love Island, the final of which was aired on Monday, have been boosting sales with more than 60,000 more glitter products sold this year, helping us to achieve maximum sparkle in 2018.
Top sellers include face glitter, which have contributed 51% to the growth of glitter in 2018 and worth £126k in value sales, and eye glitter, worth £138k in sales, contributing 50% to the growth in overall glitter in cosmetics sales. However, nail products, the mainstay of glittery cosmetics over recent years, have fallen, down 5% since last year.
“We are seeing something of a revival in glitter from the glam rock days and discos of the ‘70s and ‘80s, but with a new twist,” comments Kaajal Bhatti, Senior Insights Manager, IRI. “The glitter craze we are seeing this season really kicked off last year when the Love Island contestants had a glitter party. Last year’s glitter cleavage trend has turned into this year’s glitter craze with no body part untouched, including glitter lips, eyes, brows and even tongues! It seems that viewers are rushing out to copy the sparkly antics of Georgia, Megan and Samira.”
While Love Island is now finished, the summer festival season is still going strong with top temperatures set to boost crowds at major music festivals, including Reading and Leeds, RiZE, Bestival and Creamfields during August. IRI predicts further spending and growth in cosmetics with the sparkle factor.
IRI’s Kaajal Bhatti adds: “It may seem like glitter is everywhere right now, but I suspect there is more to come during the summer. It’s a perfect storm of school holidays, hot sunny weather and lots of outdoor events – whether that’s a big festival or a party in your back garden – and glitter will add that extra sparkle. Retailers and manufacturers are recognising the opportunities, with both brands and private label capitalising on the trend and developing interesting new products like glitter glue and even glitter body gels.”
She does add a note of caution: “Although glitter is a bit of fun, we have to consider that it is a micro-plastic and similar to plastic microbeads, and having a detrimental impact on our environment. Manufacturers are beginning to respond and there is already a cosmetics brand that has launched a biodegradable glitter. We expect more to follow suit and we hope to see other environmentally-friendly products trending across retailers in the near future.”
In March, IRI revealed that new government legislation banning the manufacture of products containing plastic microbeads saw manufacturers respond by developing new products using more natural ingredients, including clay, sugar, salt and fruits – adding £1.4m in sales of facial scrubs in the last year [Source: IRI Infoscan 52 weeks to 27 Jan 2018]. www.iriworldwide.com/en-GB/insights/news/Demand-for-more-natural-ingredients-in-beauty-products-added-£1-4m-to-sales-of-facial-scrubs-in-last
IRI Retail Advantage w/e 21st July 2018
IRI is a leading provider of big data, predictive analytics and forward-looking insights that help FMCG, OTC health care, retailers and media companies to grow. With the largest repository of purchase, media, social, causal and loyalty data, all integrated on an on-demand cloud-based technology platform, IRI guides over 5,000 clients globally in their quests to remain relentlessly relevant, capture market share, connect with consumers and deliver growth. www.IRIworldwide.com. Follow IRI on Twitter.
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