Post Time:Jun 22,2020Classify:Industry NewsView:1131
The “Cosmetics and Perfumery Glass Bottles Market” trend analysis report presents an in-depth analysis regarding the development, current trends, industry policies, and regulations implemented in each of the geographical regions. Cosmetics and Perfumery Glass Bottles Market Report (2020-2024) Provides key statistics on market overview, major key-players of industry, the scope of the report, key trends in the market as well as regional analysis. The report also provides leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue. It also provides Report provides an analytical calculation of the prime challenges faced by this Market currently and in the coming years.
Cosmetics and Perfumery Glass Bottles Market Report Includes Major Key-Players:
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
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.
Source: http://bouldergazette.com/Author: shangyi
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