Cosmetic and Perfume Glass Bottle Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
- Transparency Market Research
The improved lifestyle coupled with increased disposable income and desire towards better personality are the prime reasons for growing demands of beauty products. The rapid growth in consumption and production of these products is evident that the look and feel of the packaging is also a considerable factor. Hence, manufacturers are highly focusing on better packaging solutions which gives customers a premium feel in a cost effective way. Quality packaging not only offer an attractive options for customers but it also maintain the quality and effectiveness of the product inside the bottle.
The global cosmetic and perfume glass bottle market is primarily driven by the growth in cosmetic and perfumery industry. The global cosmetic industry is forecasted to be of more than US $ 600 Bn by 2019. The growing aspirations of better physical appearance and beauty is anticipated to be the major driving factor for the cosmetic and perfume glass bottle market. The fierce competition in cosmetic industry is supposed to force the cosmetic and perfumery industry to choose innovative and better glass packaging solutions which is anticipated to be the driving factor for the global cosmetic and perfume glass bottle market. The increased disposable income and growing inclusion of cosmetic and perfumery products into everyday grooming practices is projected to the driving factor for the global cosmetic and perfume glass bottle market. On the other hand the growing use of plastic in cosmetic and perfumery packaging is anticipated to be the major restrain in the growth of the global cosmetic and perfume glass bottle market.
The opportunity of global cosmetic and perfume glass bottle market lies
in providing durable packaging solutions at cost effective especially in
mid and low range perfume and cosmetic segments. Improving the product
visibility and attractiveness is anticipated to be the major challenges for
the global cosmetic and cosmetic and perfumery which can be perceived as an
opportunity for the global cosmetic and perfume glass bottle market by
providing innovative packaging solutions.
The global cosmetic and perfume glass bottle market is segmented on the basis of product into high-end cosmetic and perfumes, mid-range and low range. The mid-range cosmetic and perfumery market is anticipated to register the highest growth in global cosmetic and perfume glass bottle market. By application the global cosmetic and perfume glass bottle market is segmented into hair care, skin care, make-up, fragrances, bath and shower and others. Where skin care and fragrances is anticipated to be the major contributor of the global cosmetic and perfume glass bottle market.
On the basis of geography the global cosmetic and perfume glass bottle market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA) and Latin America. Europe is anticipated to be the largest market for global cosmetic and perfume glass bottle market primarily driven by strong demand and higher consumption of cosmetic and perfumery products. Asia pacific is anticipated to be the second largest market for the global cosmetic and perfume glass bottle market primarily driven by growing per capita income and increasing awareness of cosmetic and perfumery especially in rapidly growing urban population. The strong demand in Japan, India and China are the major contributing factors for the demand in Asia pacific region. The North America is also anticipated to contribute significantly in the global cosmetic and perfume glass bottle market followed by Asia pacific. Middle East is also expected to contribute to the demand of global cosmetic and perfume glass bottle market primarily due to rapid urbanization and rising expenditure on beauty care products.
Some of the key players in the global cosmetic and perfume glass bottle market are Heinz-Glas Group Holding, SGD Group, ZIGNAGO VETRO S.p.A., Rockwood & Hines, Gerresheimer Group, Saverglass, Piramal Glass, Groupe Pochet and others.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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