The market for glass cosmetic bottles will exceed $5.4 billion by 2032

NEWARK, Delaware, August 10, 2022 (GLOBE NEWSWIRE) — The global market for cosmetic glass bottles is expected to be valued at $5.4 billion by 2032. 2032.
Packaging plays a vital role in the marketing and branding of cosmetics. Glass bottles are commonly used for packaging skin care, hair care, perfume and nail care products. These bottles are mainly used in the cosmetics industry due to their robust construction and zero chemical inertness.
High consumer demand for luxury goods will drive demand for glass bottles in the cosmetics industry. Glass bottles usually come in various capacities, such as up to 30 ml, 30 to 50 ml, 51 to 100 ml, and over 100 ml.
Thus, consumers can buy what they need. In addition, rising demand for hair oils, moisturizers, creams, serums, fragrances and deodorants will drive luxury glass packaging sales.
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“The growing popularity of high-end cosmetics among consumers is expected to drive the market for glass cosmetic bottles over the next decade,” FMI analysts say.
Cosmetic packaging manufacturers are increasingly switching from plastic to glass bottles to give their products an attractive and premium look that will drive growth. The goal of the manufacturer is to create stylish and unique bottles for cosmetics. They also strive to offer a diverse portfolio of innovative bottles.
In addition, the growing trend of online shopping will encourage manufacturers to develop creative glass packaging to increase sales. The market for glass cosmetic bottles will grow steadily over the next decade due to rapid urbanization and increasing consumer purchasing power.
Manufacturers are focusing on creating innovative packaging to expand their product range, which will increase the demand for glass cosmetic bottles. The perfume industry mainly uses glass bottles to produce premium products with an aesthetic appearance.
In addition, the demand for luxury packaging is expected to grow rapidly over the next decade due to rising per capita income, an increase in millennials, and a growing number of beauty influencers. These factors are expected to create new growth opportunities for glass cosmetic bottle manufacturers.
Some of the leading players in the cosmetic glass bottle market include Piramal Glass, SGD-Pharma, Stolzle Glass Group, Gerresheimer Group, Bormioli Luigi, Verescence Inc., Pragati Glass, Saver Glass, SGB Packaging Group, Vidraria Anchieta, Roma International Plc, Pochet, Zignago Vetro Sks Bottle & Packaging Inc, Consol Glass (Pty) Ltd, Vitro SAB De CV, Apg Group, Heinz-Glas, La Glass Vallee and Lumson spa etc.
In its new report, Future Market Insights has described the global market for cosmetic glass bottles by closure type (pump bottles, spray bottles, glass rollers, screw caps and dropper bottles), volume (less than 30 ml). Unbiased analysis, 30 to 50 ml, 51 to 100 ml, and more than 100 ml) and application in seven regions (skin care, hair care, perfume and deodorant, etc. [nail care, essential oils]) .
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Post time: Nov-03-2022