Published on : Dec 27, 2017
Albany, New York, December 27, 2017: Today's perfume market is massive, with billions of dollars spent each year on various scents and fragrances. Also, the packaging of perfume and related products has become an art form, because attractive packaging acts as an inspiring feature for the fragrance industry. Fragrance packaging manufacturers are on a constant lookout for unique and newer packaging formats to attract different consumer worldwide. Considering these facts, Market Research Hub (MRH) has announced the inclusion of a new study to its vast repository, which is titled as “Fragrance Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025”. This study offers comprehensive insights and analysis on the global hair removal market, giving readers key insights on the drivers, restraints, opportunities, and threats in this market.
In the present time, increasing awareness about personal grooming, appearance, and increasing interest in cosmetics and beauty products has also led to a demand for better fragrance packaging solutions. Fragrance packaging can be done with the help of several materials such as glass bottles, metal cans, plastic roll-ons, and some other products. Vendors are expected to look at materials that are long-lasting to making the packaging durable. According to the study key highlights, the global fragrance packaging market is estimated to be worth US$2,119.9 mn by the end of 2025 from US$2,031.9 mn in 2016. During the forecast period of 2017 and 2025, the global market is estimated to register a CAGR of 5.0%.
This study provides comprehensive information about the fragrance packaging market covering its introduction, market size and forecast. In order to understand and assess opportunities in this market, the report is categorically divided into four key sections on the basis of material type, packaging type, capacity, end use and region. On the basis of geography, the market has been analyzed across five prime regions including Latin America, the Middle East and Africa, North America and Asia Pacific. Amongst, Europe has dominated the global market due to the consistent progress of the market in Germany and France. Asia Pacific is also anticipated to present lucrative opportunities to the overall market as the sales of perfumes gain momentum in developing markets of India and China.
One of the major factors observed by the study that the growing e-commerce business and the e-retailing industry have collectively augmented the growth of the global fragrance packaging market. The rapid penetration of the internet in the farthest corners of the world has allowed several consumers to shop from the convenience of their homes and various other locations, which requires effective packaging solutions. In addition, analysts anticipate that consideration of perfumes as valuable gifts, the notion of luxury associated with them, and their long-lasting nature are also some of the key growth drivers for the fragrance packaging market.
The next section of the study highlights vendor landscape of the market which presents an exact picture of the various players active in this market. Some of the players operating in the global fragrance packaging market include General Converting Inc., Alcion Plasticos, Gerresheimer AG, Swallowfield Plc, Verescence France SASU, Albea S.A., Glaspray Engineering & Manufacturing Co. Ltd., Intrapac International Corporation, Continental Bottle Co. Limited, Piramal Glass Ltd., Quadpack Ltd, Coverpla S.A., CCL Container (Hermitage), Inc., Saverglass sas, EXAL Corporation, Premi Spa, and Fragrance Manufacturing, Inc.
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