Market Size of Europe Cosmetic and Perfumery Glass Bottle Packaging Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.20 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Cosmetic & Perfumery Glass Bottle Packaging Market Analysis
The European Cosmetics and Perfumery Glass Bottles Packaging Market is expected to reach a CAGR of 3.2% during the forecast period (2020 - 2025). The packaging in the cosmetic industry has gone leaps and bounds in recent years. The cosmetic industry has the most varied packaging requirements of all the other sectors. Glass packaging is helping brands, specifically in the skincare and fragrance segment, to design attractive packages. Moreover, these design attributes and innovation, which are only possible within glass packaging, offer exceptional product differentiation. A beautiful look is given to the glass to make it appealing to the consumers and is widely used in perfume packaging.
- Verescence produces cosmetic glass for the perfume segment, with its manufacturing sites in France, Spain, and the United States. The company offers a wide range of stock bottles in various capacities and provides many personalization techniques (colors, shapes, and decoration) that can transform La Collection bottles and jars into customized creations.
- For instance in September 2020, L'Oréal called on Verescence's glass-making expertise to produce the 30ml and 100ml bottles of Valentino Beauty's new feminine fragrance. The bottle combines flat shoulders and a homogeneous distribution of glass with two inverted studs pointing towards the inside of the bottle on more than 10mm.
- The rapid growth of nail care products is significantly contributing to the growth of glass bottles in the cosmetic industry. The growth is supported by the success of gel formulas and artistic manicures, with liquid nail, polishes still on the track for growth. And artistic manicures, with liquid nail, polish still on the track for growth. Premium packaging and branding play a crucial role in their decision-making process while buying a nail care product. Thus, manufacturers of nail polish depending on packaging solutions to win on shelf competition, mainly witnessed through custom-designed bottles.
- Europe also presents a potential demand for organic and natural cosmetic products. A survey conducted by Global Web Index on over 2,300 web users from the United Kingdom who buy organic and natural cosmetic products regularly indicated that about 80% did so because they care about the environment and their health. About 64% of the respondents are looking for products with recyclable packaging.
- The consumers are indicating a slight preference toward organic makeup products, with around 23% Y-o-Y growth in certified organic beauty and wellbeing products in 2019, as per Soil Association, the United Kingdom's leading membership charity campaigning for healthy, humane and sustainable food, farming and land use. About 28% of men and 22% of women have been estimated to regularly use organic skincare products.
- With retail shops firmly shut across Europe for the past two months, coronavirus's impact on the fragrance industry has yet to be fully understood. Online may eventually become the sole beneficiary, but growth from a low base will do little to stave off losses. However, despite all the gloom and despondency, the European fragrance industry strives to remain upbeat and plan for better times ahead.
Europe Cosmetic & Perfumery Glass Bottle Packaging Industry Segmentation
This study characterizes the cosmetic packaging market, based on the type of material, type of product, and country, which includes perfumes, nail care, skincare, and other products. The scope of this study is currently focused on the key regions of Europe such as Germany, the United Kingdom, France, Russia, along with the rest of Europe.
Europe Cosmetic and Perfumery Glass Bottle Packaging Market Size Summary
The European cosmetic and perfumery glass bottle packaging market is experiencing a notable transformation, driven by the evolving demands of the cosmetic industry, which requires diverse and innovative packaging solutions. Glass packaging, in particular, is gaining traction due to its ability to offer exceptional product differentiation and aesthetic appeal, especially in the skincare and fragrance segments. This trend is supported by the increasing popularity of premium packaging and branding, which play a crucial role in consumer decision-making. The market is also witnessing a surge in demand for organic and natural cosmetic products, with consumers showing a preference for recyclable and environmentally friendly packaging. This shift is further fueled by the growing interest in vegan and biodegradable packaging solutions, as companies strive to meet sustainability objectives while maintaining high-quality standards.
The market landscape is characterized by intense competition among global and regional players, with several companies investing in innovative packaging solutions to capture market share. The demand for glass bottles is being bolstered by the rapid growth of nail care products and the rising popularity of skincare vitamins and serums, which are often packaged in ampoules and dropper bottles. Additionally, acquisitions and strategic partnerships are shaping the market dynamics, as companies seek to expand their product offerings and strengthen their presence in the premium skincare sector. Despite the challenges posed by high entry barriers, new entrants are finding opportunities in the flexible packaging industry, contributing to the market's growth and diversification.
Europe Cosmetic and Perfumery Glass Bottle Packaging Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Industry Attractiveness - Porter's Five Forces Analysis
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1.2.1 Bargaining Power of Suppliers
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1.2.2 Bargaining Power of Consumers
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1.2.3 Threat of New Entrants
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1.2.4 Threat of Substitute Products
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1.2.5 Intensity of Competitive Rivalry
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1.3 Market Drivers
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1.3.1 Rising Demand for Dropper Bottles
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1.3.2 Increased Emphasis on Packaging for Product Differentiation
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1.4 Market Restraints
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1.4.1 Growth of Plastic Packaging as a Substitute for Glass Bottles
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2. MARKET SEGMENTATION
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2.1 Product
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2.1.1 Perfumes
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2.1.2 Nail Care
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2.1.3 Skin Care
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2.1.4 Other Products
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2.2 Country
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2.2.1 Europe
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2.2.1.1 Germany
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2.2.1.2 United Kingdom
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2.2.1.3 France
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2.2.1.4 Russia
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2.2.1.5 Rest of Europe
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Europe Cosmetic and Perfumery Glass Bottle Packaging Market Size FAQs
What is the current Europe Cosmetic and Perfumery Glass Bottle Packaging Market size?
The Europe Cosmetic and Perfumery Glass Bottle Packaging Market is projected to register a CAGR of 3.20% during the forecast period (2024-2029)
Who are the key players in Europe Cosmetic and Perfumery Glass Bottle Packaging Market?
Verescence Inc., Vitro SAB De CV, Zignago Vetro SpA, Roma International Plc and Saverglass Inc. are the major companies operating in the Europe Cosmetic and Perfumery Glass Bottle Packaging Market.