Global Cosmetics and Perfumery Glass Bottles Market

[Aarti Ghodke]

 

Global Cosmetics and Perfumery Glass Bottles Market size was valued at US$ XX Mn in 2019 and the total revenue is expected to grow at XX% through 2020 to 2026, reaching nearly US$ XX Mn.

 

The global Cosmetics and Perfumery Glass Bottles market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Cosmetics and Perfumery Glass Bottles report also provides trends by market segments, technology, and investment with a competitive landscape.

 

Global Cosmetics and Perfumery Glass Bottles Market

 

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Global Cosmetics and Perfumery Glass Bottles Market Overview:

 

Packaging is an essential aspect of the functioning and aesthetics of cosmetic and perfumery goods, and it may have an impact on the formulation's effectiveness and the quality of the substance it contains. Because of the material's technological excellence, moulded glass bottles are widely employed in the cosmetics and perfumery industries.

 

Glass is a nonporous and impermeable substance that does not decompose and has chemically inert qualities, making it one of the oldest packing materials. Glass is also a very sustainable product, meaning it can be recycled forever with no loss of volume. Many well-known firms throughout the world utilize a lot of glass packaging for their products, which makes them more appealing and posh-looking. Also, high-end items, such as fragrances, are frequently found in glass containers.

 

According to several reports, the beauty business had a net sales decrease of 15% or more in the first quarter of 2020, with net profit and operational profit falling between 80% and 90%.

Global Cosmetics and Perfumery Glass Bottles Market Dynamics:

 

Drivers:

 

The rising demand for beauty goods is due to an improved lifestyle, and a desire for a better personality. The appearance and feel of the packaging is a significant role in the fast development in the consumption and manufacturing of these items. As a result, manufacturers are concentrating their efforts on improved packaging solutions that provide customers with a quality experience at a low cost. Quality packaging not only provides customers with appealing alternatives but also ensures that the product within the bottle maintains its quality and efficacy.

 

In addition, the rapidly growing market for nail care products are helping to drive the rise of glass bottles in the cosmetics sector. More than 74% of women who frequent manicure salons buy their supplies, tools, and equipment rather than utilizing salon materials according to a poll performed by Nail Magazine, a popular magazine located in California, the United States.

 

The worldwide cosmetic and perfume glass bottle market is expected to be driven by rising disposable income and the growing integration of cosmetic and perfumery products into a regular grooming routines.

Restraints:

 

The growing use of plastic in cosmetic and perfumery packaging, on the other hand, is expected to be a key restraint on the global cosmetic and perfume glass bottle market's growth.

 

However, because of the global epidemic of COVID-19, which has restricted personal interactions, gatherings, travel, and the shutdown of the hotel business, the cosmetic packaging business has seen a considerable drop in demand.

Global Cosmetics and Perfumery Glass Bottles Market Segment Analysis:

 

Based on Product, the perfumes market is predicted to grow at a significant pace over the forecast period owing to rising demand for natural scents over synthetic-based chemicals, and luxury perfumes. As a result of the rising demand, corporations have begun to invest in new perfume bottle designs. According to L’Oreal, luxury cosmetics account for one-fourth of the worldwide cosmetic market and are increasing at a rapid rate, accounting for half of the market's growth. Skincare accounted for about 40% of the luxury market, with cosmetics accounting for 30%. In the skincare industry, there has been a trend toward greater "premiumization," or a switch from plastic to glass packaging.

 

Glass bottles are anticipated to be in high demand in the cosmetics industry as demand for unisex premium scent grows. For example, Louis Vuitton released FirstEver Oud and Ombre Nomade, a unisex fragrance. The best available oud from a family-run plantation in Bangladesh is combined with other high-end smells in First-Ever Oud.

 

Global Cosmetics and Perfumery Glass Bottles Market

Global Cosmetics and Perfumery Glass Bottles Market Regional Insights:

 

Strong demand and greater consumption of cosmetic and perfumery goods are expected to propel Europe to the top of the global cosmetic and perfume glass bottle market.

 

The Asia Pacific region is expected to be the second-biggest market for cosmetic and perfume glass bottles, owing to rising per capita income and increased knowledge of cosmetics and perfumery, particularly among the fast-developing urban population. Strong demand in Japan, India, and China are the main drivers of demand in the Asia Pacific area.

 

North America, followed by the Asia Pacific, is expected to play a prominent role in the global cosmetic and perfume glass bottle market. Some of the major reasons driving the market growth are the rising usage of innovative technologies for cosmetic packaging in the United States and the growing popularity of skincare products. Consumers and merchants in the nation appear to be more interested in nail care and perfume products. Many cosmetic vendors are adopting and creating clever glass packaging solutions to promote client interests and promote product safety as a result of the increased demand for cosmetic products.

 

Airless pumps and glass bottles are also produced by packaging suppliers in the nation. These shield delicate items, such as natural skin care creams, serums, foundations, and other preservative-free formula creams, from excessive air exposure, extending product shelf life by up to 15%. Furthermore, the region's cosmetics industry is focusing on eco-friendly packaging and enhanced formulas.

 

Due to growing urbanization and increased expenditure on beauty care goods, the Middle East is predicted to contribute to the worldwide cosmetic and perfume glass bottle market demand.

 

Glass Bottles MarketThe objective of the report is to present a comprehensive analysis of the global Cosmetics and Perfumery Glass Bottles market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

 

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

 

The report also helps in understanding the global Cosmetics and Perfumery Glass Bottles market dynamics, structure by analyzing the market segments and project the global Cosmetics and Perfumery Glass Bottles market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Cosmetics and Perfumery Glass Bottles market make the report investor’s guide.

Global Cosmetics and Perfumery Glass Bottles Market Key Developments:

 

In May 2020, Qosmedix created 100 % certified recyclable metal closures to go with their low-profile glass jars in response to the rising demand for more sustainable packaging solutions. These glass jars come in sizes of 3, 5, and 15 grams and are popular for sampling and packaging various cosmetic and skincare formulas.

 

In October 2019, at the 32nd Edition of LUXE PACK Monaco, Piramal Glass displayed its newest ideas and ideas in sustainable glass packaging for premium cosmetics and fragrances, as well as specialty liquor. The firm spent EUR 15 million to build three new Premium Perfume Bottle manufacturing lines, doubling its capacity to 50 million bottles.

 

In September 2019, Gerresheimer AG declared its intention to use more post-consumer recycled glass in its cosmetic glass packaging to promote sustainability. From 2020, the firm declared that it will begin producing glass with a larger proportion of recycled glass at its Tettau, Germany, facility.

Global Cosmetics and Perfumery Glass Bottles Market Scope: Inquire before buying

 

Global Cosmetics and Perfumery Glass Bottles Market

Global Cosmetics and Perfumery Glass Bottles Market, by Region

 

• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America

Global Cosmetics and Perfumery Glass Bottles Market Key Players

 

• Piramal Glass
• Roma International PLC
• Zignago Vetro SpA
• Gerresheimer AG
• Vitro Packaging, LLC
• Verescence, Inc
• Pragati Glass Pvt Ltd
• Lumson SpA
• Saver Glass, Inc.
• Sgb Packaging, Inc.
• Sks Bottle & Packaging, Inc.
• Stolzle-Oberglas GmbH
• Apg Group (Verbeek Packaging Group)
• Baralan International SpA
• Consol Glass (Pty) Ltd
• Other Key Players

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