Global Fragrance Packaging Market Size, Demand, Trends and Growth by Business Opportunities, Latest Innovation, Pharmaceutical Trends and Forecast 2025 | Gerresheimer, Swallowfield, Saverglass, Verescence, Albea

Global Fragrance Packaging Market overview:

The growing demand for Fragrance Packaging has provided a major boost to the Global Fragrance Packaging Market as more people are shifting their preferences to this growing sector. The market is expected to keep rising at a high CAGR and reach values of high millions by the end of the forecast period of 2020 up to 2024.

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With an increase in the number of e-commerce sites and the ease of use offered by these sites, consumers are highly incline towards e-retailing. Moreover, it enables the consumers to purchase numerous foreign brands sitting in the comfort of their home. This factor has influenced the global fragrance packaging market favorably, thus propelling its growth.

Furthermore, changing lifestyle has led to an increase in the focus on grooming products, especially in the younger generation. This has played a prominent role in augmenting the growth of the fragrance packaging market. Moreover, progression economies leading to an increase in the purchasing power has contributed to the market’s expansion. The enhanced visual appeal of perfumes has also led to their popularity among the masses, thereby supporting the market’s expansion. In addition to this, extensive use of perfumes as gift items and high demand for luxury good has spiked the global fragrance packaging market’s growth. Another factor boosting the market’s growth is the development of new fragrances. The global Fragrance Packaging Market is primarily segmented based on Product Type, Application, End-Use Industry and Regions.

Based on Product Type, the market is divided into:

1 Glass

2 Metal

3 Plastic

4 Paper Board

On the basis of End Use Industry, the market is split into:

1 Perfumes

2 Deodorants

Objectives of the Study

To describe and forecast the global Fragrance Packaging Market on the basis of Product Type, industry verticals, Channel and regions.

To forecast the Fragrance Packaging Market size of the five main regional segments, namely North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America.

To strategically analyzesubsegments with respect to individual growth trends, future prospects, and contribution to the total market.

To provide detailed information regarding the major factors influencing the growth of the Fragrance Packaging Market (drivers, restraints, opportunities, and challenges).

To analyze the opportunities in the market for stakeholders and to provide details of competitive landscape for major players.

To strategically profile key players and comprehensively analyze their core competencies and positioning.

To track and analyze competitive developments such as mergers and acquisitions, new product developments, and partnerships, agreements & collaborations in the Fragrance Packaging Market.

Some of the Fragrance Packaging Market manufacturers involved in the market are Gerresheimer, Swallowfield, Saverglass, Verescence, Albea, Intrapac International, Piramal Glass, Quadpack, Alcion Plasticos, Coverpla, CCL Container, EXAL, General Converting, Glaspray Engineering & Manufacturing, Premi Spa, Continental Bottle, Fragrance Manufacturing, Acquisitions and effective mergers are some of the strategies adopted by the Fragrance Packaging Market manufacturers. New product launches and continuous technological innovations are the Fragrance Packaging Market strategies adopted by the major players.

Latest Industry Updates:

Gerresheimer packages cosmetics and pharmaceutical products, Düsseldorf, the 15. June 2020. Many high-quality cosmetics and care products are offered in pharmacies. In addition, the trend of filling high-quality care products such as anti-aging cosmetics in pharmaceutical bottles continues unchanged. A dropper bottle with a pipette is ideal for the precious active ingredients, of which often only a few drops are enough for them to develop their effect on the skin. The standardized pharmaceutical bottles made of moulded or tubular glass that are registered in the pharmacopoeias are produced according to strict requirements. This type of packaging stands like no other for the effectiveness of its contents.

"It is a good thing that Gerresheimer has excellent expertise in both the cosmetics and pharmaceutics sectors for primary packaging made of glass," says Nicola Balena, Vice-President Global Business Management Cosmetic Moulded Glass, who has been advising and supporting well-known customers for Gerresheimer for over two decades. For him glass is the packaging material of first choice. It makes no difference whether it is a luxuriously decorated perfume flacon, a cream jar or a dropper bottle for a care product. "We can give our customers the best possible advice because we have access to a comprehensive range of glass that we produce ourselves," explains Nicola Balena.

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Asia Pacific was a prominent market for Fragrance Packagings in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Fragrance Packaging market in Asia Pacific.

There are several manufacturers of Fragrance Packagings in Europe and North America. In North America, the demand for Fragrance Packagings is primarily driven by the residential sector. Improved standards of living and rising usage of Fragrance Packagings for flooring purpose are anticipated to drive the market in North America.

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Table of Contents:

Global Fragrance Packaging Market Report 2020

1 Fragrance Packaging Definition

2 Global Fragrance Packaging Market Major Player Share and Market Overview

3 Major Player Fragrance Packaging Business Introduction

4 Global Fragrance Packaging Market Segmentation (Region Level)

5 Global Fragrance Packaging Market Segmentation (Product Type Level)

6 Global Fragrance Packaging Market Segmentation (Industry Level)

7 Global Fragrance Packaging Market Segmentation (Channel Level)

8 Fragrance Packaging Market Forecast 2020-2024

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