The global Glass Cosmetic Bottle Market is projected to have a moderate-paced CAGR of 4.4% during the forecast period. The current valuation of the market is US$ 3.5 billion in 2022. The market value of the global combined heat and power plant market is anticipated to reach a high of US$ 5.4 billion by the year 2032.
The Glass Cosmetic Bottle Market is witnessing substantial growth due to several factors. Firstly, the rising consumer demand for premium skincare and beauty products has led to an increased demand for high-quality packaging. Glass bottles provide an excellent solution as they offer a sense of luxury and sophistication. Additionally, glass bottles are recyclable and environmentally friendly, appealing to conscious consumers.
The Growing Demand for Sustainable Packaging
With increasing environmental awareness, consumers are actively seeking sustainable packaging options. Glass cosmetic bottles are highly preferred as they are reusable, recyclable, and do not release harmful chemicals into the environment. This demand for sustainable packaging has fueled the growth of the Glass Cosmetic Bottle Market.
Request a Sample Copy of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-15404
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.
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.
Factors Driving the Growth of the Glass Cosmetic Bottle Market
Several factors contribute to the growing demand and success of the Glass Cosmetic Bottle Market. Let’s explore some of the key drivers:
1. Increasing Beauty and Skincare Awareness
The beauty and skincare industry has witnessed a significant surge in recent years, driven by increasing awareness and the desire for self-care. As consumers become more conscious of the products they use, the demand for high-quality packaging such as glass cosmetic bottles has soared.
2. Emphasis on Premium Packaging
Brands in the beauty and skincare industry understand the importance of packaging in attracting customers. Glass cosmetic bottles exude elegance and sophistication, making them a popular choice for premium products. The luxurious appeal of glass bottles enhances the perceived value of the cosmetic products.
3. Product Safety and Preservation
Glass bottles offer excellent protection against external factors that may degrade the quality of cosmetic products. The non-reactive nature of glass ensures that the contents remain intact and unaffected by temperature changes, UV radiation, and chemical reactions. This aspect of glass bottles appeals to consumers who prioritize product safety and preservation.
Before Buying, Visit for Customization @
https://www.futuremarketinsights.com/customization-available/rep-gb-15404
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)
Buy Now/Purchase @ https://www.futuremarketinsights.com/checkout/15404
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com
