Global Cosmetic and Perfume Glass Bottle Market 2015-2019
About cosmetic and perfume glass bottles
Packaging constitutes an important part of the functionality and esthetics of cosmetic and perfumery products and can affect the effectiveness of the formulation and quality of the contained product. Considering the technical superiority of glass as a material, molded glass bottles are widely used in the cosmetics and perfumery industry. From a marketing perspective, the distinctiveness that glass bottles can lend to a product externally has made it vital for product differentiation. The evolution of various styles, design, shapes, material combinations, and decoration technologies has been instrumental in propelling the use of glass bottles in the cosmetic and perfumery industry.
Technavio's analysts forecast the global cosmetic and perfume glass bottle market to grow at a CAGR of 5.30% over the period 2014-2019.
Covered in this report
In this report, Technavio covers the present scenario and growth prospects of the global cosmetic and perfume glass bottle market for the period 2015-2019. To calculate the market size, we use the revenue generated from the sale of cosmetic and perfume glass bottles worldwide.
The market is divided into the following segments based on product:
Technavio Announces the Publication of its Research Report – Global Cosmetic and Perfume Glass Bottle Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Cosmetic and Perfume Glass Bottle Market: Heinz-glas, Piramal Glass, Pochet, SGD Group and Zignago Vetro
Other Prominent Vendors in the market are: Bormioli Luigi, Gerresheimer Group, Pragati Glass, Rockwood & Hines Group, Saver Glass, SGB Packaging Group, Stölzle Glass Group, Verreries Et Cristalleries Waltersperger, Vidraria Anchieta and Vitro Packaging
Commenting on the report, an analyst from Technavio’s team said: “The market is expected to be buoyed by an increasing interest in the development of sustainable glass packaging products by vendors to add value to their products, with focus on saving energy, limiting carbon dioxide emissions, and reducing dependence on natural resources by eco-designing glass bottles with recycled glass. In addition, vendors are focusing on improving the design of bottles.”
According to the report, the growth of the cosmetics and perfume market is likely to be a major driver for the global cosmetic and perfume glass bottle market. Increasing disposable incomes with rapid urbanization, and growing awareness about personal grooming have led to a rise in demand for cosmetics in developing countries. The demand for perfumes has spurred from the fact that they are now considered a necessity for personal grooming, and this is especially in developing markets where perfumes are increasingly becoming a part of everyday grooming process.
Further, the report states that the market will slow down because of limited product launches in the luxury cosmetics and perfume sector.
Heinz-glas, Piramal Glass, Pochet, SGD Group, Zignago Vetro, Bormioli Luigi, Gerresheimer Group, Pragati Glass, Rockwood & Hines Group, Saver Glass, SGB Packaging Group, Stölzle Glass Group, Verreries Et Cristalleries Waltersperger, Vidraria Anchieta, Vitro Packaging