Fragrance Packaging Market Industry Size, Opportunities, Analysis and Forecast by 2030
The demand for eco-friendly and sustainable packaging and innovative packaging designs are expected to drive the growth of cosmetics and perfume packaging market. Beauty and cosmetics brands have invested a significant amount of time, money and resources in developing packaging that conveys quality, luxury and value of their products. Asia Pacific is expected to witness burgeoning growth over the coming years owing to increasing per capita income and improved lifestyle. Countries such as India, China and Malaysia are leading Asia Pacific markets with strong economic growth and easy availability of these products. Major players dominating the global market include Gerresheimer AG, Swallowfield Plc, Albea S.A., Intrapac International Corp., and Piramal Glass Ltd.
The report titled “Fragrance Packaging Market – Global Market Share, Trends, Analysis and Forecasts, 2020-2030” offers market estimates for a period 2018 to 2030, wherein 2018 is historic period, 2019 is the base year, and 2020 to 2030 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global fragrance packaging market. Furthermore, the report would reflect on the key developments, global & regional sales network, business strategies, security & exchange overview, research & development activities, production facilities, product portfolio, employee strength, and key executive, for all the players considered under the scope of study. For instance, Gerresheimer AG reported revenues of US$ 1.57 Billion in 2018 and the segment and geographic analysis of the company indicates that Plastic and Devices is the dominating revenue segment of the company, with the Europe being the major revenue generating region.
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The fragrance packaging market study takes into consideration market segmentation based on material, packaging type, capacity, end use, and geography. Based on material type, the market is segmented into glass, paper, plastic, and metal. Based on packaging type, the market is segmented into bottles, cans, tubes & roll-ons, stick packs, folding boxes, hinged boxes, and two piece boxes. Based on capacity, global fragrance packaging market is segmented into less than 100 ml, 100 to 250 ml, 250 to 500 ml, and above 500 ml. Based on End Use, the market is segmented into perfumes and deodorants. Based on geography, the market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
The study provides in-depth analysis of individual company considered under the scope of study with a focus on all operating business segment, and would identify the segment of the company focusing on fragrance packaging market. Further, market share of company in the global would also be calculated. For instance, Gerresheimer AG operates through three segments namely Plastic and Devices, Primary Packaging Glass, and Advanced Technology. The company offers Sustainable Fragrance Packaging products and services under the Primary Packaging Glass segment which generated a revenue of US$ 692.11 Mn in 2018.
The report study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the fragrance packaging companies. Furthermore, the global fragrance packaging market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. Product portfolio would focus on all the products under the ¬¬ fragrance packaging business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global fragrance packaging market. For instance, Gerresheimer AG operates through three segments namely Plastic and Devices, Primary Packaging Glass, and Advanced Technology. The company offers Sustainable Fragrance Packaging products and services under the Primary Packaging Glass segment which generated a revenue of US$ 692.11 Mn in 2018.