Packaging plays an important part of the aesthetics and functionality of cosmetic and perfumery products, and can affect the consumer's purchase decision about a particular product. Glass bottles are widely used owing to the technical superiority of the material. Molded glass bottles are currently being used extensively in the cosmetics and perfumery industry. From the marketing perspective, the distinctiveness that glass bottles presents to a product externally, is vital for product differentiation. The evolution of various design, styles, shapes, material combinations, and decoration technologies has been helpful in propelling the use of glass bottles in the cosmetic and perfumery industry.
Growing Demand for Small and Mid-Range Perfume Segments Fuels Growth of Glass Bottles in Perfumes
Small and mid-range perfumes need a unique, compact, convenient, and cost effective packaging, which has led manufacturers to come up with unique and interactive types of packaging, for each different product. This trend, coupled with the growing demand for product differentiation and rising disposable income across emerging economies, is set to boost the growth of the market. However, increased competition from plastic based packaging solutions, which are cheaper and more convenient, might hinder the growth of the market.
Medium mass-range products is expected to hold the largest market share, owing to a large number of consumers depending on these products in their daily lives. Medium mass-range products can satisfy many customer demands for a relatively reasonable price, making it a solid choice among a large number of end-users. The rise of the application for the segment has led to an increased emphasis on more interactive and intuitive designs for products which is expected to boost the growth of the market.
Need For Color Cosmetics Drives the Market for Glass Bottles.
Product innovation, competitive environment, and endorsement from key influencers fuelled color cosmetics sales across the globe. Also, the increasing number of working individuals across the globe is resulting in increased spending capacity of cosmetic products, which in turn is leading to increased sales of quality cosmetic products. Increasing product penetration in the color cosmetic market through online retailing channels is a major factor driving the growth of color cosmetic market across the globe.
Sales of cosmetics and perfumes through e-Commerce is further anticipated to witness significant growth during the forecast period, owing to the higher adoption rate of smartphones, as they offer convenience, in terms of comparing the availability of a wide range of products and prices. Companies are also opting to develop products where the production costs are low so that they can concentrate on the packaging material. For instance, Oriflame is considering to begin production of its color cosmetic-products in its Indian Wellness Factory in Uttarakhand, a move that is hoped to develop its exports from the country and lower production costs to provide more intuitive and interactive packaging designs.
France is one of the hotspots for Cosmetic Products
France is one of the largest markets for perfumery and cosmetic products in Europe. France is hailed as the fashion capital of the world, with established perfume manufacturers based out of France. The country is known for housing the most renowned and coveted brands in the world. Stylistically innovative and technically exceptional, the outstanding reputation of the French fashion industry, can dated as far back as the 17th century, and it has a reputation that has only continued to strengthen since.
France also holds a very dominant place regarding international perfume sales, with domestic cosmetics and perfumes brands being recognized among the most influential brands across the globe. The French fragrance market has been ranked second highest in the health and beauty industry in 2016, and it continues to thrive against the backdrop of a highly competitive environment, with Chanel, Dior, and Guerlain occupying the major share. Besides these top three players, more than 40 other different players also operate in the French perfumes market.
Major Players: Verescence Inc., Vidraria Anchieta, Vitro, S.A.B. De C.V., Zignago Vetro SpA, Piramal Glass, Pragati, Glass Pvt Ltd, Roma International Plc., Saver Glass Inc., SGB Packaging, Inc., Sks Bottle & Packaging Inc., Stölzle-Oberglas GmbH, APG Group (Verbeeck Packaging Group), Baralan International S.P.A., Bormioli Luigi, Consol Glass (Pty) Ltd, Continental Bottle Company Ltd, DSM Packaging Sdn. Bhd., Gerresheimer Group, Heinz-Glas Group Holding, and Lumson Spa, among others.
Key Developments in the Market
- November 2017 - Verescence invested EUR 30 million to renovate a manufacturing facility in the region of France. This investment was part of the Excellence 2018 plan. A furnace has been upgraded to reduce energy consumptions by 15% and reduces Carbon-dioxide emissions by 40%.
- July 2017 - Bormioli Luigi and Triton have partnered to acquire the Pharma and Tableware business divisions of the Bormioli Rocco group. Both the business units are owned and run independently from each other.
- May 2017 - Verescence has announced the investment of EUR 45 million generated by the contribution from four banks. This amount has been invested towards the company’s growth plans as a part of ‘excellence 2018’.
- Growing number of cosmetic products acts as a driver to the global cosmetics and perfumery glass bottles market scenario
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis
- The type of product range that is expected to dominate the market is analyzed in detail
- The regions which are expected to witness fastest growth during the forecast period are analyzed and estimated for growth.
- Identify the latest developments, market shares, and strategies employed by the major market players.
- 3 months analyst support, along with the Market Estimate sheet (in excel).
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1.1 Key Study Deliverables
1.2 Market Definition
1.3 Study Assumptions
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rising Demand for Dropper Bottles
4.2.2 Increased Emphasis on Packaging for Product Differentiation
4.3 Market Restraints
4.3.1 Growth of Plastic Packaging as a Substitute for Glass Bottles
4.4 Industry Attractiveness- Porter's Five Forces Analysis
4.4.1 Threat Of New Entrants
4.4.2 Bargaining Power Of Suppliers
4.4.3 Bargaining Power Of Consumers
4.4.4 Threat Of Substitute Products and Services
4.4.5 Competitive Rivalry within Existing Competitors
5. Global Cosmetic and Perfumery Glass Bottles Packaging Market Segmentation
5.1 By Product
5.1.2 Nail Care
5.1.3 Skin Care
5.1.4 Other Products
5.2 By Geography
5.2.1 North America
220.127.116.11 Rest of Europe
18.104.22.168 South Korea
22.214.171.124 Rest of Asia-Pacific
5.2.4 Latin America
5.2.5 The Middle East & Africa
6. Key Vendor Profiles
6.1 Verescence Inc.
6.2 Vidraria Anchieta
6.3 Vitro, S.A.B. De C.V.
6.4 Zignago Vetro SpA
6.5 Piramal Glass
6.6 Pragati Glass Pvt Ltd
6.7 Roma International Plc
6.8 Saver Glass Inc.
6.9 Sgb Packaging, Inc.
6.10 Sks Bottle & Packaging Inc.
6.11 Stölzle-Oberglas GmbH
6.12 Apg Group (Verbeeck Packaging Group)
6.13 Baralan International Spa
6.14 Bormioli Luigi
6.15 Consol Glass (Pty) Ltd
6.16 Continental Bottle Company Ltd
6.17 Dsm Packaging Sdn Bhd
6.18 Gerresheimer Group
6.19 Heinz-Glas Group Holdings
6.20 Lumson Spa
*List is not Exhaustive
7. Investment Analysis
8. Future of Global Cosmetics and Perfumery Glass Bottles Packaging Market
- Verescence Inc.
- Vidraria Anchieta
- Vitro, S.A.B. De C.V.
- Zignago Vetro SpA
- Piramal Glass
- Pragati Glass Pvt Ltd
- Roma International Plc
- Saver Glass Inc.
- Sgb Packaging, Inc.
- Sks Bottle & Packaging Inc.
- Stölzle-Oberglas GmbH
- Apg Group (Verbeeck Packaging Group)
- Baralan International Spa
- Bormioli Luigi
- Consol Glass (Pty) Ltd
- Continental Bottle Company Ltd
- Dsm Packaging Sdn Bhd
- Gerresheimer Group
- Heinz-Glas Group Holdings
- Lumson Spa