NEWARK, Del, Aug. 10, 2022 (GLOBE NEWSWIRE) -- As per Future Market Insights (FMI), the global glass cosmetic bottle market is expected to reach a valuation of US$ 5.4 Bn by 2032 and exhibit growth at a CAGR of 4.4% from 2022 to 2032.
Packaging plays a vital role in the marketing and branding of cosmetic products. Glass bottles are generally used for the packaging of skin care, hair care, perfumes, and nail care products. These bottles are mainly used in the cosmetics industry because of their sturdy structure and zero chemically inert properties.
High demand for luxury products among consumers is set to push the need for glass bottles in the cosmetics industry. Glass bottles usually come in a large number of capacities such as below 30ml, 30 to 50ml, 51 to 100ml, and above 100ml.
Thus, consumers can buy the one that they require. Besides, surging demand for hair oils, moisturizers, creams, serums, perfumes, and deodorants is set to push sales of glass packaging offering a luxury look.
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Key Takeaways: Glass Cosmetic Bottle Market
- By closure type, the fine mist spray bottles segment is estimated to create an incremental opportunity of US$ 447.7 Mn during 2022-2032.
- Based on application, the perfumes and deodorants segment is anticipated to generate a total revenue of US$ 2.3 Bn by 2032.
- By closure type, the push pump bottles segment is expected to dominate the global glass cosmetic bottle market and exhibit a CAGR of 5.0% during the forecast period.
- South Asia and East Asia are likely to exhibit growth at CAGRs of 3.8% and 3.7%, respectively, in the glass cosmetic bottles market during the forecast period.
- The glass cosmetic bottle market in India is projected to accelerate at a CAGR of 5.5% during 2022-2032.
“Rising popularity of luxury cosmetics products among consumers is expected to drive the glass cosmetic bottle market in the upcoming decade,” says a FMI analyst.
Increasing Shift towards Sustainable Products to Aid Growth
Increasing shift of cosmetics packaging manufacturers towards glass bottles from plastic to provide an attractive and a premium look to their products is set to aid growth. Manufacturers are aiming to create stylish and unique bottles for cosmetics products. They are also striving to offer a diversified portfolio of innovative bottles.
Besides, rising trend of online shopping is set to encourage manufacturers to develop creative glass packaging to increase sales. Due to rapid urbanization and increasing purchasing power of customers, the glass cosmetic bottle market is set to grow steadily in the next decade.
High Demand for Aesthetically Pleasing Glass Bottles to Fuel Sales
Manufacturers are focusing on creating innovative packaging to expand their portfolios, which would drive demand for cosmetic glass bottles. The perfume industry mainly utilizes glass bottles to offer a premium and aesthetic look to products.
Moreover, demand for luxury packaging is estimated to grow at a rapid pace over the next decade due to rising per capita income, surging millennial population, and increasing number of beauty influencers globally. These factors are further expected to create new growth opportunities for glass cosmetic bottles producers.
Competitive Landscape: Glass Cosmetic Bottle Market
Some of the leading players present in the glass cosmetic bottle market include Piramal Glass, SGD-Pharma, Stolzle Glass Group, Gerresheimer Group, Bormioli Luigi, Verescence Inc., Pragati Glass, Saver Glass, SGB Packaging Group, Vidraria Anchieta, Roma International Plc, Pochet, Zignago Vetro Sks Bottle & Packaging Inc, Consol Glass (Pty) Ltd, Vitro SAB De CV, Apg Group, Heinz-Glas, La Glass Vallee, and Lumson spa among others.
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Some of the recent developments in the glass cosmetic bottle market are –
- In September 2020, Lumson, a prominent manufacturer of primary packaging for make-up and skincare based in Italy, launched two new glass bottles for foundations. Named Marylin and I-Conic, the new glass bottles have contemporary and sophisticated designs.
- In January 2020, Verescence, a leading provider of eco-solutions for luxury bottles, declared the development of its first-ever safety glass bottles for What Matters, a French start-up that offers a novel way of consuming cleaning and personal hygiene, as well as skincare products. The company is aiming to reduce plastic consumption with this launch.
Get More Valuable Insights on Glass Cosmetic Bottle Market
Future Market Insights, in its new report, offers an unbiased analysis of the global market for glass cosmetic bottles by closure type (push pump bottles, fine mist spray bottles, glass rollers, screw top jars, and dropper bottles), capacity (below 30ml, 30 to 50ml, 51 to 100ml, and above 100ml), and application (skin care, hair care, perfume & deodorants, and others [nail care, essential oils]) across seven regions.
Glass Cosmetic Bottle Market Outlook by Category
By Closure Type:
- Push Pump Bottles
- Fine Mist Spray Bottles
- Glass Rollers
- Screw Top Jars
- Dropper Bottles
By Capacity:
- Below 30ml
- 30 to 50ml
- 51 to 100ml
- Above 100ml
By Application:
- Skin Care
- Hair Care
- Perfume & Deodorants
- Other (Nail Care, Essential Oils)
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
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Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Impact of Covid-19
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Macro Factors and Forecast Factors
3.4. Value Chain Analysis
3.4.1. Profit Margin Analysis
3.4.2. Raw Material Suppliers
3.4.3. Manufacturers, Wholesalers and Distributors
Explore FMI’s Extensive Coverage on Packaging Domain
Cosmetic Spray Bottles Market Growth: The global cosmetic spray bottles market is expected to rise at a CAGR of ~5.1%, during the forecast period.
Bottle Sealing Wax Market Volume: Bottle sealing wax is a kind of packaging solution that has been traditionally used to keep products fresh for a longer period of time and to ensure that there is no scope for tampering or doctoring.
Bottle Pourers Market Value: Bottle pourers allow smooth flow of liquid from the bottles and eliminate spillage of low viscosity fluids. They are used for serving liquor and syrups in hotels & restaurants, automobile industry for oiling and lubricating machines and other end uses.
Bottle Shippers Market Forecast: The global bottle shippers market size is anticipated to be valued at US$ 4.6 Billion in 2022 and exhibit growth at a CAGR of 2.5% in the forecast period from 2022 to 2032. It is set to showcase steady growth and exceed US$ 7.1 Billion by 2032.
End-of-Line Packaging Market Analysis: According to Future Market Insights research, during the projected period, the global end-of-line packaging market is set to enjoy a valuation of US$ 5.1 Billion in 2022, and further expand at a CAGR of 4.3% to reach US$ 7.9 Billion by the year 2032.
Acrylic Boxes Market Demand: The global acrylic boxes market is anticipated to be valued at US$ 224.8 Million in 2022, forecast to grow at a CAGR of 4.7% to be valued at US$ 355.8 Million from 2022 to 2032.
Aerosol Printing And Graphics Market Trend: Global aerosol printing and graphics market demand is anticipated to be valued at US$ 397.3Million in 2022, forecast to grow at a CAGR of 4.2%to be valued at US$ 599.5Million from 2022 to 2032.
Pallet Banding Machine Market Share: The overall demand for pallet banding machines is expected to grow at 4.9% CAGR, totaling a valuation of US$ 4704.7 Mn by 2032.
Paper Bottles Market Size: The global paper bottles market is estimated to reach a value of US$ 64.2 Mn by 2022 and further accelerate at a CAGR of 5.4% to reach a value of US$ 108.2 Mn by 2032.
Bottle Filling Machines Market Sales: The overall demand for bottle filling machines is poised to grow at a steady CAGR of 4.0% between 2022 and 2032, totaling US$ 1.9 Bn by 2032.
Download complimentary copy of Future Market Insights White Paper on Intelligent Packaging for Circular Economy published in collaboration with Graham Packaging and Avery Dennison
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