Research and Markets released a report on the global market outlook of the cosmetic and perfume glass packaging industry between 2019-2027.
Report Highlights
- The Global Cosmetic and Perfume Glass Packaging Market is expected to grow at a CAGR of 7.0 percent during the forecast period. Rising demand for skincare, men’s grooming products, and eco-friendly attributes of glass packaging are the major factors driving the market growth. However, fragility and weight of glass packaging are restraining market growth.
- Based on end-user, the fragrances segment is likely to have a huge demand as fragrance manufacturers prefer glass jars and bottles for packaging, as glass offers superior containment properties and is compatible with different product formulations. Glass packaging maintains scents and carbonation very well, making it a great choice for items like fragrances. By geography, Asia Pacific is going to have a lucrative growth during the forecast period as the populace here shows a marked proclivity for grooming products. Asia Pacific is home to a huge millennial population base, which serves as the key demography for end-use industries, thereby creating significant avenues for the penetration of distinguished solutions in the cosmetic and perfume glass packaging market.
- Some of the key players profiled in the Cosmetic and Perfume Glass Packaging Market include Albea S.A, Aptar Group Inc, Continental Bottle Co Limited, Coverpla S.A., Fusion Packaging, Gerresheimer AG, HCP Packaging, Libo Cosmetics Company Ltd, Piramal Glass Private Limited, Pochet SAS, Premi spa, Quadpack Ltd, Saverglass sas, Sisecam Group, Stölzle Glass Group, Swallowfield Plc, Verescence France SASU, Vitro S.A.B. de C.V. and ZIGNAGO VETRO S.p.A.
For more information click on Cosmetic and Perfume Glass Packaging – Global Market Outlook (2019-2027)