Cosmetic and Perfume Glass Bottle Market to Witness Impressive Growth During 2022-2026
April 07, 2022
Apr 07, 2022/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Cosmetic and Perfume Glass Bottle Market.
It was estimated prior to this unanticipated outbreak that the Cosmetic and Perfume Glass Bottle Market is estimated to grow at a healthy CAGR of 7.2% during the forecast period. Packaging of cosmetics and related products constitute a key part of the aesthetics and functionality and can affect the effectiveness of the quality and formulation of the contained product formulation. As per technical excellence of glass as a packaging material, moulded glass bottles are mainly used in the perfumery and cosmetic industries. For effective marketing, the distinctiveness that glass bottles can lends to a product externally which has made it critical for product differentiation. The evolution of various designs, shapes, styles, decoration, and material combinations has been vital for the use of glass bottle for cosmetic and perfume packaging.
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Segment Analysis
Application Trends
"Rising popularity of luxury perfume are key attributes boosting the application segment growth."
Based on application, the perfumery segment is likely to register a healthy CAGR in the coming years. The surging demand for natural perfumes when compared to synthetic-based ingredients are key attributes boosting the application segment growth.
Regional Trends
"The strong demand for perfume products in India, Japan, and China further boost the product demand."
By region, the European market is likely to register the largest market size for cosmetic and perfume glass bottles owing to robust demand and rising consumption of perfumery and cosmetic products in the European countries. UK, Germany, France, Italy, etc. among others are some of the key contributors. The Asia Pacific market is estimated to register the fastest CAGR by the end of 2026 due to increasing per capita income and growing awareness of perfumery and cosmetic primarily in growing urban population.
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Key Players:
Key players operating in the global Cosmetic and Perfume Glass Bottle market are-
The key aerospace OEMs are-
- Verescence Inc. (France),
- Vidraria Anchieta (Brazil),
- Vitro SAB De CV (Mexico),
- Zignago Vetro SpA (Italy),
- Piramal Glass (India),
- Pragati Glass Pvt Ltd (India),
- Roma International Plc (UK)
- Saver Glass Inc. (The U.S.)
- Sks Bottle & Packaging Inc. (India),
- Stolzle-Oberglas GmbH (Austria),
- Apg Group (Verbeeck Packaging Group) (Belgium),
- Baralan International SpA (Italy).
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Cosmetic and Perfume Glass Bottle analysis report discusses the following heads in great detail:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- COVID-19 Impact Assessment
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
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