Market Trends of NA Cosmetic & Perfumery Glass Bottle Packaging Industry
This section covers the major market trends shaping the North America Cosmetic Perfumery Glass Bottle Packaging Market according to our research experts:
Perfume to Show Significant Growth
- As glass bottles dominate the global fragrance and perfume market, the increasing demand for perfume is also expected to increase usage of glass bottles in cosmetic sectors. The global fragrance and perfume market is estimated to grow at the rate of 6.2%, during the forecast period.
- Aptar Beauty + Home, in partnership with Shiseido, has created a unique solution for fragrance dispensing. L’Eau d’Issey now features a versatile bottle offering a prestigious and travel format in a single set.
- Additionally, a preference for natural fragrances over synthetic-based ingredients is increasing, due to growing consciousness about the risks of allergies and toxins. For instance, the US based, LUXE Brands Inc., is positioning itself as a natural fragrance brand, and is also collaborating with celebrities for product endorsement.
- Social media is also playing a vital role in bringing foreign products to the US cosmetics market. As more foreign vendors are entering the US market with manufacturing facilities, the local studied market is also expected to grow.
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United States to Hold the Highest Market Share
- The growing demand for skin care products from emerging countries as well as the demand for dropper bottles for trending face serums, are expected to drive the segment growth.
- Growing demand for aesthetic procedures and beautification services come mainly from the age group of 26 - 35 years. Face lift treatments combined with Botox designed to slim the facial contour, gained a strong attraction in the past few years.
- According to a survey conducted by the Nail Magazine, a prominent magazine based in California, the United States, more than 74% of the women, who visit nail salons buy their own supplies, tools, and equipment, rather than using salon supplies.
- The surveys also revealed that more than 25% of the women, who shop for nail supplies spend between USD 100 and USD 200 every month. With glass bottles dominating the nail care segment, the growing usage of nail polish, is expected to positively impact the market growth.
- It is estimated that, more than 79.7% of these employees are either hairdressers, hairstylists, or cosmetologists with an average salary of USD 24,443 per annum. Hence, further motivating vendors to invest in the country’s market.
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