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Cosmetics and Perfumery Glass Bottles Market Growth Rate 2020 – Evolving Technology, Market Size, Share, Data Analysis, SWOT Analysis Forecast to 2024

Cosmetics and Perfumery Glass Bottles

Cosmetics and Perfumery Glass Bottles Market” report presents a comprehensive overview, market shares, and growth opportunities of the Cosmetics and Perfumery Glass Bottles market by product type, application, key companies, and key regions. It comprehensively prepared with the main focus on the competitive landscape, geographical growth, segmentation, and market dynamics, including drivers, restraints, and opportunities. It offers a detailed analysis of the competition and leading companies of the global Cosmetics and Perfumery Glass Bottles market. It concentrates on the recent developments, sales, market value, production, gross margin, and other important factors of the business of top players operating in the global Cosmetics and Perfumery Glass Bottles market.

Market Overview:

  • The global cosmetics and perfumery glass bottles market was valued at USD 1,745.91 million, and is estimated to witness a CAGR of 3.63% over the forecast period (2019-2024). Urbanization, growing millennial population, and rising disposable incomes are the major contributors to this growth. Urbanization created several opportunities for the market players. Further, consumer awareness regarding the availability of different cosmetics is driving the demand for cosmetic products, and subsequently, packaging.
  • Key players in the fragrance and perfume market are focusing on developing natural-based fragrances, due to the rising consciousness about risks associated with synthetic fragrances. For instance, the Luxe brand positioned itself as a natural fragrance brand, and is collaborating with celebrities for product endorsement.
  • The increasing demand for personalized and natural fragrances is augmenting the market’s growth. Key players are focusing on developing innovative fragrances and packaging to boost their sales across the world.
  • Furthermore, premium brands are gaining high popularity among consumers. Increasing consumer spending on luxury products, due to the rising disposable incomes (particularly in the Middle East and Europe) is instrumental in boosting the global fragrance and perfume market’s growth.
  • Bottles have been a favored pack format for decades, constituting a majority share of perfume and cosmetic packaging, and thus demonstrating the popularity of this pack type. Bottles are the core pack types for majorly all applications in these products, and thus, there is no apparent shift in product launches.
  • Bottles, however, are facing fierce competition from tubes, and thus, in response to the same, companies are providing different kinds of applications and closures for bottles to make them suitable for on-the-go use.

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    Scope of the Report:

    Packaging is a critical element for the cosmetic and perfume industries. Packaging for these industries is not only about security and protection but also about ensuring that the product is kept in its best condition during transportation and storage.

    Top Manufacturers Are:

  • Verescence Inc.
  • Vidraria Anchieta
  • Vitro SAB De CV
  • Zignago Vetro SpA
  • Piramal Glass
  • Pragati Glass Pvt Ltd
  • Roma International Plc
  • Saver Glass Inc.
  • Sgb Packaging Inc.
  • Sks Bottle & Packaging Inc.
  • Stolzle
  • Oberglas GmbH
  • Apg Group (Verbeeck Packaging Group)
  • Baralan International SpA
  • Bormioli Luigi
  • Consol Glass (Pty) Ltd
  • Continental Bottle Company Ltd
  • Dsm Packaging Sdn Bhd
  • Gerresheimer Group
  • Heinz
  • Glas Group Holdings
  • Lumson SpA

    Key Market Trends:

    Perfume Segment Is Expected To Register a Significant Growth

    As glass bottles dominate the global fragrance and perfume market, the growing demand for perfume is also expected to increase the usage of glass bottles in the cosmetic sector.

    Also, the demand for natural-based, fragrances instead of synthetic-based ingredients, is growing, due to growing consciousness about the risk of allergies and toxins. For instance, the US-based Luxe Brands, Inc. is positioning itself as a natural fragrance brand and is collaborating with celebrities for product endorsement.

    According to industry estimates, the Indian perfume industry is valued at INR 2000 crore, estimated to grow by 50% by 2020. The current online perfume market is also estimated at INR 148 crore, and is expected to increase by approximately 120%.

    Also, the increasing importance of personal grooming, coupled with growing demand from the millennial population, is forcing many luxury perfume companies to cater to local markets too.
    For instance, Ahmedabad-based luxury perfume company, All Good Scents, was launched in 2014. The company introduced its luxury products in the local market and recorded a month-on-month average sales growth of 40% in 2016.

    The Increasing Adoption of Advanced Technologies

    The increasing adoption of advanced technologies in the United States for cosmetic packaging and growing trends of skincare products are some of the significant factors driving the market growth. Nail care and perfume products seem to be the biggest focus of consumers and retailers in the country. Due to the growing demand for cosmetic products, many cosmetic vendors are also adopting and innovating intelligent glass packaging solutions to improve customers’ interests, as well as increase product safety.

    For instance, in 2018, Verescence, with two production facilities in Atlanta, showcased its latest patented technologies in the United States, including unbreakable glass and mineral glass, as well as NEO infinite glass (the first premium clear glass composed of 90% recycled materials). It also introduced a wide range of stock bottles and many personalization techniques (colors, shapes, and decorations) that can transform La Collection bottles into customized creations.

    The packaging vendors in the country are also producing airless pumps and glass bottles. These protect sensitive products, such as natural skin care creams, serums, foundations, and other preservative-free formula creams, by preventing them from excessive exposure to air, thus, increasing product shelf life up to 15%.

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    What Cosmetics and Perfumery Glass Bottles Market Research Offers:

    • Cosmetics and Perfumery Glass Bottles market gives evaluations for the regional level analysis with Production, Sales, Consumption, Imports, and Exports
    • Cosmetics and Perfumery Glass Bottles market forecasts for a minimum of 5 years of all the mentioned segments
    • Supply chain trends mapping the latest industrial advancements
    • Global Cosmetics and Perfumery Glass Bottles industry shares drivers, constraints, opportunities, threats, challenges, investment opportunities
    • Calculated for the new entrants in the Cosmetics and Perfumery Glass Bottles market
    • Manufacturing process, suppliers, price, production and consumption analysis, mode of transport and cost analysis, industry chain analysis
    • Cosmetics and Perfumery Glass Bottles market provides manufacturers with basic information, product category, sales revenue, price, and gross margin
    • Provide Company profiling with detailed strategies, financials, and recent developments

    And many more…

    Detailed TOC of Cosmetics and Perfumery Glass Bottles Market – Segmented by Geography – Growth, Trend, and Forecast:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Rising Demand for Dropper Bottles
    4.2.2 Increased Emphasis on Packaging for Product Differentiation
    4.3 Market Restraints
    4.3.1 Growth of Plastic Packaging as a Substitute for Glass Bottles
    4.4 Porters Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Product
    5.1.1 Perfumes
    5.1.2 Nail Care
    5.1.3 Skin Care
    5.1.4 Other Products
    5.2 Geography
    5.2.1 North America
    5.2.1.1 United States
    5.2.1.2 Canada
    5.2.2 Europe
    5.2.2.1 Germany
    5.2.2.2 United Kingdom
    5.2.2.3 France
    5.2.2.4 Russia
    5.2.2.5 Rest of Europe
    5.2.3 Asia-Pacific
    5.2.3.1 China
    5.2.3.2 South Korea
    5.2.3.3 India
    5.2.3.4 Japan
    5.2.3.5 Rest of Asia-Pacific
    5.2.4 Latin America
    5.2.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Verescence Inc.
    6.1.2 Vidraria Anchieta
    6.1.3 Vitro SAB De CV
    6.1.4 Zignago Vetro SpA
    6.1.5 Piramal Glass
    6.1.6 Pragati Glass Pvt Ltd
    6.1.7 Roma International Plc
    6.1.8 Saver Glass Inc.
    6.1.9 Sgb Packaging Inc.
    6.1.10 Sks Bottle & Packaging Inc.
    6.1.11 Stolzle-Oberglas GmbH
    6.1.12 Apg Group (Verbeeck Packaging Group)
    6.1.13 Baralan International SpA
    6.1.14 Bormioli Luigi
    6.1.15 Consol Glass (Pty) Ltd
    6.1.16 Continental Bottle Company Ltd
    6.1.17 Dsm Packaging Sdn Bhd
    6.1.18 Gerresheimer Group
    6.1.19 Heinz-Glas Group Holdings
    6.1.20 Lumson SpA

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

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