GlobalCosmetics and Perfumery Glass Bottles Market size wasvalued 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 PerfumeryGlass Bottles market report is a comprehensive analysis of the industry,market, and key players. The report has covered the market by demand andsupply-side by segments. The global Cosmetics and Perfumery Glass Bottles reportalso provides trends by market segments, technology, and investment with acompetitive landscape.
Global Cosmetics and PerfumeryGlass Bottles Market
To know about the ResearchMethodology :- Request Free Sample Report
Global Cosmetics and PerfumeryGlass Bottles Market Overview:
Packaging is an essential aspect ofthe functioning and aesthetics of cosmetic and perfumery goods, and it may havean impact on the formulation's effectiveness and the quality of the substanceit contains. Because of the material's technological excellence, moulded glassbottles are widely employed in the cosmetics and perfumery industries.
Glass is a nonporous andimpermeable substance that does not decompose and has chemically inertqualities, making it one of the oldest packing materials. Glass is also a verysustainable 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 fortheir 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, thebeauty business had a net sales decrease of 15% or more in the first quarter of2020, with net profit and operational profit falling between 80% and 90%.
Global Cosmetics and PerfumeryGlass Bottles Market Dynamics:
Drivers:
The rising demand for beauty goodsis due to an improved lifestyle, and a desire for a better personality. Theappearance and feel of the packaging is a significant role in the fastdevelopment in the consumption and manufacturing of these items. As a result,manufacturers are concentrating their efforts on improved packaging solutionsthat provide customers with a quality experience at a low cost. Qualitypackaging not only provides customers with appealing alternatives but alsoensures that the product within the bottle maintains its quality and efficacy.
In addition, the rapidly growingmarket for nail care products are helping to drive the rise of glass bottles inthe cosmetics sector. More than 74% of women who frequent manicure salons buytheir supplies, tools, and equipment rather than utilizing salon materialsaccording to a poll performed by Nail Magazine, a popular magazine located inCalifornia, the United States.
The worldwide cosmetic and perfumeglass bottle market is expected to be driven by rising disposable income andthe growing integration of cosmetic and perfumery products into a regulargrooming routines.
Restraints:
The growing use of plastic incosmetic and perfumery packaging, on the other hand, is expected to be a keyrestraint on the global cosmetic and perfume glass bottle market's growth.
However, because of the globalepidemic of COVID-19, which has restricted personal interactions, gatherings,travel, and the shutdown of the hotel business, the cosmetic packaging businesshas seen a considerable drop in demand.
Global Cosmetics and PerfumeryGlass Bottles Market Segment Analysis:
Based on Product, the perfumesmarket is predicted to grow at a significant pace over the forecast periodowing to rising demand for natural scents over synthetic-based chemicals, andluxury perfumes. As a result of the rising demand, corporations have begun toinvest in new perfume bottle designs. According to L’Oreal, luxury cosmeticsaccount for one-fourth of the worldwide cosmetic market and are increasing at arapid rate, accounting for half of the market's growth. Skincare accounted forabout 40% of the luxury market, with cosmetics accounting for 30%. In theskincare industry, there has been a trend toward greater "premiumization,"or a switch from plastic to glass packaging.
Glass bottles are anticipated to bein high demand in the cosmetics industry as demand for unisex premium scentgrows. For example, Louis Vuitton released FirstEver Oud and Ombre Nomade, aunisex fragrance. The best available oud from a family-run plantation inBangladesh is combined with other high-end smells in First-Ever Oud.
Global Cosmetics and PerfumeryGlass Bottles Market
Global Cosmetics and PerfumeryGlass Bottles Market Regional Insights:
Strong demand and greaterconsumption of cosmetic and perfumery goods are expected to propel Europe tothe top of the global cosmetic and perfume glass bottle market.
The Asia Pacific region is expectedto be the second-biggest market for cosmetic and perfume glass bottles, owingto rising per capita income and increased knowledge of cosmetics and perfumery,particularly among the fast-developing urban population. Strong demand inJapan, India, and China are the main drivers of demand in the Asia Pacificarea.
North America, followed by the AsiaPacific, is expected to play a prominent role in the global cosmetic andperfume glass bottle market. Some of the major reasons driving the marketgrowth are the rising usage of innovative technologies for cosmetic packagingin the United States and the growing popularity of skincare products. Consumersand merchants in the nation appear to be more interested in nail care andperfume products. Many cosmetic vendors are adopting and creating clever glasspackaging solutions to promote client interests and promote product safety as aresult of the increased demand for cosmetic products.
Airless pumps and glass bottles arealso produced by packaging suppliers in the nation. These shield delicateitems, such as natural skin care creams, serums, foundations, and otherpreservative-free formula creams, from excessive air exposure, extending productshelf life by up to 15%. Furthermore, the region's cosmetics industry isfocusing on eco-friendly packaging and enhanced formulas.
Due to growing urbanization andincreased expenditure on beauty care goods, the Middle East is predicted tocontribute to the worldwide cosmetic and perfume glass bottle market demand.
Glass Bottles MarketThe objectiveof the report is to present a comprehensive analysis of the global Cosmeticsand Perfumery Glass Bottles market to the stakeholders in the industry. The pastand current status of the industry with the forecasted market size and trendsare presented in the report with the analysis of complicated data in simplelanguage. The report covers all the aspects of the industry with a dedicatedstudy of key players that include market leaders, followers, and new entrants.
PORTER, SVOR, PESTEL analysis withthe potential impact of micro-economic factors of the market have beenpresented in the report. External as well as internal factors that are supposedto affect the business positively or negatively have been analyzed, which willgive a clear futuristic view of the industry to the decision-makers.
The report also helps inunderstanding the global Cosmetics and Perfumery Glass Bottles market dynamics,structure by analyzing the market segments and project the global Cosmetics andPerfumery Glass Bottles market size. Clear representation of competitiveanalysis of key players by product, price, financial position, productportfolio, growth strategies, and regional presence in the global Cosmetics andPerfumery Glass Bottles market make the report investor’s guide.
Global Cosmetics and PerfumeryGlass Bottles Market Key Developments:
In May 2020, Qosmedix created 100 %certified recyclable metal closures to go with their low-profile glass jars inresponse to the rising demand for more sustainable packaging solutions. Theseglass jars come in sizes of 3, 5, and 15 grams and are popular for sampling andpackaging various cosmetic and skincare formulas.
In October 2019, at the 32ndEdition of LUXE PACK Monaco, Piramal Glass displayed its newest ideas and ideasin sustainable glass packaging for premium cosmetics and fragrances, as well asspecialty liquor. The firm spent EUR 15 million to build three new PremiumPerfume Bottle manufacturing lines, doubling its capacity to 50 millionbottles.
In September 2019, Gerresheimer AGdeclared its intention to use more post-consumer recycled glass in its cosmeticglass packaging to promote sustainability. From 2020, the firm declared that itwill begin producing glass with a larger proportion of recycled glass at itsTettau, Germany, facility.
Global Cosmetics and PerfumeryGlass Bottles Market Scope: Inquire before buying
Global Cosmetics and PerfumeryGlass Bottles Market
Global Cosmetics and PerfumeryGlass Bottles Market, by Region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
Global Cosmetics and PerfumeryGlass 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 PackagingGroup)
• Baralan International SpA
• Consol Glass (Pty) Ltd
• Other Key Players
For More Information Vist : https://www.maximizemarketresearch.com/market-report/cosmetics-and-perfumery-glass-bottles-market/105115/
Report Is Submitted By : MaximizeMarket Research Company
• Other
Customization of the report:
Maximize Market Research ofreports as per your demand. This report can be personalized to meet yourrequirements. Get in touch with us and our sales team will guarantee provideyou to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research providesB2B and B2C research on 20,000 high growth emerging opportunities &technologies as well as threats to the companies across the Healthcare,Pharmaceuticals, Electronics & C
ommunications, Internet of Things,Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Facebook Conversations