Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Perfume Packaging Market Overview
Perfume Packaging Market Size was valued at USD 2.62 billion in 2023. The Perfume Packaging industry is projected to grow from USD 2.79 billion in 2024 to USD 4.96 by 2032, exhibiting a compound annual growth rate (CAGR) of 7.4% during the forecast period (2024 - 2032).
The perfume packaging involves packing the containers which contain the essence, perfume with a pleasant fragrance. If this packaging is in an attractive manner, then this will be the main reason which stimulates the excitement of the customers which in turn can bring a positive impact on the growth of the Perfume Packaging Market Size.
In recent days, people are getting attracted to perfumes and beauty products this change is because of people's interest in self-grooming in the recent days.
COVID Analysis
The spread of the pandemic across the world has caused a negative impact on the growth of many industries. Even the outbreak of the pandemic has also brought an impact on the perfume industry. Some of the main impacts which is been made by the growth of the pandemic spread across the world are that it interrupted the supply chains and also disruption in the market. It also impacted the growth by interrupting the financial investment. But after the spread was in control by the advice of many governments by implementing the lockdown. Due to the lockdown implementation, the positive cases got reduced. In future, it is expected after the spread of the pandemic can bring positive growth.
Perfume Packaging Market Dynamics
Crucial Market drivers
The main reason for the growth of the Perfume Packaging Market Share is the rapid changes in the lifestyle of the people. As in the recent day's people are interested in getting pamper themselves and also due to the changes the people are wishing to get the personal grooming which brought the impact in the Perfume Packaging Market Growth.
Also, the growth in the rapid population and the rise in the working demographics are some of the main factors which positively drive the market. As people are interested to use the perfume in their working space, this factor boosts the growth of the Perfume Packaging Market Value.
The market growth opportunities
The main opportunity for the growth of the Perfume Packaging Market Value is the interest of the people to explore new fragrances and new brands which are available in the market. This is one of the main reasons which brings the impact in the Perfume Packaging Market. Additionally, the increase in the sales of the products in the E-Commerce and the E- retail stores are also paving the way for the growth of the Market.
Secondly, the packaging which is done in the glass when compared to metal and plastic has created a high opportunity for growth. This is because the people are getting the awareness in using the glass instead of plastics which reduces the environmental pollution.
The market restraints
The main restraint that impacts the growth of the Perfume Packaging Market in the negative way is the packaging of the perfumes in glass bottles. While using the glass bottles during the packaging there has a high chance of getting broken when compared to the metal and then plastic. So the packers must be conscious of packing the glass bottles to avoid the breakage of the glass bottles.
On the other hand usage of plastics also causes damage to the environment which leads to pollution. The awareness among the people not to use plastics also hinders the growth of the Perfume Packaging Market.
The market challenge
The high challenge is the transportation of the glass bottles without getting breakages is one of the main challenges faced by the packers. So the packers are providing extra care in packing the glass bottles.
Later on, the volatile raw material prices is also one of the challenges faced by the packers. For instance, raw plastic material is highly dependent on crude oil prices. If the crude oil price gets high then the products price will also be higher simultaneously. These are also some of the main challenges which are faced by the Perfume Packaging Market.
Cumulative growth analysis
The overall growth Perfume Packaging Market Analysis is stable because of the interest among the people in self-grooming and pampering themselves in the recent days. This growth is stable also because of the increase in sales in both E-Commerce and retail shops.
Value chain analysis
The overall growth Perfume Packaging Market Outlook has increased because of the people's interest in using the perfumes on the regular basis. Also, the people's interest in exploring the package is one of the main reasons which brings the growth in the Perfume Packaging Market. Also, the increase in usage of the perfume has raised because of the rise in the population and also because of the increase in the retail and E-Commerce platforms. But there are also some restraints which are faced in the growth are the usage of the plastics which can cause the pollution to the environment.
Perfume Packaging Market segment overview
By product
-
Organic perfumes
-
Synthetic perfumes
By capacity
-
100ml
-
100-250ml
-
250-500ml
-
Above 500ml
By material type
-
Glass
-
Plastic
-
Metal
-
Paper
The dominating segment of the material is the Glass, because of its safe to environment nature. The plastic material is expected to grow in the forecast period, because of its lightweight and easy handle nature.
By distribution channel
-
E-Commerce
-
Retail shops
-
Hypermarket
-
Supermarket
-
Online pages
By region
- North America – US, Canada
- Latin America – Mexico, Brazil, Peru, Chile and Others
- Western Europe – Germany, UK, France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg
- Eastern Europe – Poland, Russia
- Asia Pacific – India, Japan, China, ASEAN, Australia, New Zealand
- The Middle East and Africa – GCC, Southern Africa, North Africa
Competitive landscape
The key players are expected to reach the heights in the Perfume Packaging Market Forecast period. To reach this height the key players are working hard to compensate for the demand. So to complete the demand in the market, the key players are using some strategies to complete the demand. They are also planning to merge and collaborate with other key players in the market. So that they can get their need easily done with their large number of projects.
Silgan Dispensing, a company based in the US announced on October 2023 its new all-plastic refillable fragrance solution Replay. Replay was premiered during the international exhibition for luxury packaging Luxe Pack Monaco 2023 held from 2 to 4 October. This new refill system has been developed using Silgan’s patented LifeCycle technology. Silgan states that LifeCycle is primarily made up of plastic springs that help improve recyclability without affecting product performance. Furthermore, compared to traditional dispensers, it repels non-recyclable metals and materials and ensures that dispensers are almost entirely built from a single polyolefin.
Chemicals company Dow launched two new ionomers grade-based perfume and cosmetic packaging applications produced from renewable and circular feedstocks in October 2023. The Surlyn Ren grade is manufactured out of used cooling oil kind of bio-waste whereas Surlyn Cir grade contains chemically recycled plastic waste. Both grades have received ISCC Plus certification under mass balance scheme. Dow insists that the recycled and bio grades still have the characteristics reflecting the unique appearance, texture and performance associated with fossil fuel-based Surlyn line LVMH Beauty division of luxury conglomerate LVMH will be first user of these following brand’s recent collaboration with Dow this year. Several applications are now being supplied with sustainable Surlyn ionomer grades by Dow across their business.
Regional analysis
The regions which are conquered by the Perfume Packaging Market in the Asia Pacific, North America, Europe and the Middle East and Africa. North America is dominating the market. This region is experiencing growth because of the people's lifestyle and also people's luxurious way of living in North America.
The second dominating region is Europe which follows North America. In Europe, there is an increase in E-Commerce platforms.
The Asia Pacific region is expected to get the growth in the forecasting period. This is because of the interest among the people and also improving the living standards of the people. these are some of the main drivers which impact the growth in the Asia Pacific region.
Other regions are expecting to get the growth in the future.
List of the key companies in the Perfume Packaging Market are:
-
I.du Pont de Nemours and company
-
-
SGB Packaging
-
Cosmetics and perfume filing and packaging
-
-
I. Packaging
-
Albea Group
-
Guangzhou jiaming perfume packaging
-
Mei Yu Packaging
-
Arexim packaging
These are some of the key players who are ruling the Perfume Packaging Market.
Recent developments
In September 2023 Coverpla upgraded its local positioning for its Koesio Parfums brand by creating refillable versions of its perfume bottles as well as offering them ready-to-go customization option. Vertigo, Ulysse and Venus are names given to three among fifty milliliter bottles found in Coverpla’s catalogues which were picked out by this particular brand; they also come with different collar types developed glass manufacturer Bormioli Luigi while others were made by DuPont using their Surlyn ionomer created resin during injection molding process like in Galet and Gény. Top Passion which comes in aluminum is available in black and shiny silver while Galet and Gény are made of Surlyn Coverpla also offered matching pumps and pump covers lacquers have been chosen to individualize the packs.
Market overview
-
Overall growth analysis of the market
-
Pandemic analysis
-
Market dynamics
-
Cumulative growth analysis
-
Value chain analysis
-
Market segmentation
-
Competitive landscape
-
Regional analysis
-
Key players
-
Recent updates
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
