Cosmetic And Perfume Glass Packaging Market Trend, Share, Growth, Size, Analysis and Forecast 2032

Cosmetic And Perfume Glass Packaging Market Insights

According to the report published by Zion Market Research, the global Cosmetic And Perfume Glass Packaging Market size was valued at USD 2389.1 Million in 2023 and is predicted to reach USD 3754.96 Million by the end of 2032. The market is expected to grow with a CAGR of 4.6% during the forecast period. The report analyzes the global Cosmetic And Perfume Glass Packaging Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the Cosmetic And Perfume Glass Packaging market.

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Global Cosmetic and Perfume Glass Packaging Market: Overview

In the cosmetic and perfume industry, glass is one of the most commonly used for packaging. Optimum product preservation is guaranteed by this material, which is also recyclable. In recent years, though technologies in plastic packaging have come a long way, glass is still widely used in cosmetic and perfume packaging as quality is the king and the growing preference of the consumer towards "natural" products, right from formulations to packaging.

Global Cosmetic and Perfume Glass Packaging Market: Growth Factors

The global cosmetic and perfume glass packaging market is growing at a significant rate. Factors such as rise in spending on personal care products, innovative shapes of the glass used for packaging of the products, and rise in the standard of living are some of the major factors that are spurring the growth of the global cosmetic and perfume glass packaging market. In the cosmetic and perfume application, most of the glass used for packaging is made from sustainable and natural materials, including soda ash, limestone, and sand. One of the desirable and unique properties of glass is that it can be recycled infinitely without any deterioration in its properties. Glass is also recognized as the most environment-friendly, natural, and premium material by most consumers.

Owing to all such beneficial properties, glass is been widely used as a perfect packaging material in the cosmetic and perfume industry. This is ultimately fueling the growth of the global market. Moreover, the rising trend of glassification, elaboration of packaging projects from the key players, and availability in several kinds of decorations, including coating, frosting, fire polish, glass, & hand polish, are the factors that are propelling the growth of the global market. Furthermore, technological advancements and rising focus on innovation may lead to several opportunities for the growth of the global cosmetic and perfume glass packaging market over the forecast period. However, the high cost associated with glass packaging may limit the growth of the global cosmetic and perfume glass packaging market.

The Covid-19 pandemic has severely affected the growth of the global cosmetic and perfume glass packaging market. Due to rapidly spreading coronavirus, most countries were put under strict lockdown and imposed restrictions on movement. The shift in supply and demand for cosmetics and perfume is the prime factor affecting market growth. The constraints on travel, get-together functions, and the shutting down of hospitality sectors led to a decline in the demand for cosmetic products. The key players in the glass packaging were also been hampered due to strict lockdown. All these factors are affecting the growth of the market during the pandemic.

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Global Cosmetic and Perfume Glass Packaging Market: Segmentation

The global cosmetic and perfume glass packaging market is bifurcated based on capacity, product, application, and region.

Based on capacity, the global cosmetic and perfume glass packaging market is categorized into up to 50ml, 50ml to 100ml, 100ml to 150ml, 150ml to 200ml, and above 200ml.

Based on the product, the global market is split into jars and bottles. The application segment is divided into nail care, fragrances, make-up, hair care, and skincare.

Cosmetic And Perfume Glass Packaging Market: Report Scope

Global Cosmetic and Perfume Glass Packaging Market: Regional Analysis

Geographically, North America is anticipated to dominate the global cosmetic and perfume glass packaging market over the forecast period. Factors such as the rise in the use of advanced technology in the glass packaging industries, the growing trend of glassification, and the growing use of recyclable material for packaging are fueling the growth of the market in this region. Asia Pacific region is expected to grow at the highest CAGR owing to a rise in sales of cosmetic products due to a rise in disposable income and a rise in the standard of living in the developing countries. Europe is also estimated to contribute a major share in terms of revenue. This is attributed to the growing demand for perfumes and the increase in innovations in the glass packaging industry.

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Global Cosmetic and Perfume Glass Packaging Market: Competitive Players

Some of the major players operating in the global cosmetic and perfume glass packaging market are

• Piramal Glass Private Limited
• ZIGNAGO VETRO S.p.A.
• Saverglass sas.
• Coverpla S.A.
• Gerresheimer AG
• Vitro, S.A.B. de C.V.
• Aptar Group, Inc.
• Swallowfield Plc
• Quadpack Ltd.
• Libo Cosmetics Company, Ltd.
• among others.

Global Cosmetic and Perfume Glass Packaging Market: Segment Analysis

Based on the capacity

• up to 50 ml
• 50ml to 100ml
• 100ml to 150ml
• 150ml to 200ml
• above 200ml

Based on the product

• jars
• bottles

Based on Application segment

• nail care
• fragrances
• make-up
• hair care
• skincare

Global Cosmetic and Perfume Glass Packaging Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provide

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonies to companies in order to fortify their foothold in the market.