Perfume Packaging Market Overview
Perfumes are personal gifts given to people deemed special in their lives. They are usually given to enhance the ambience of surroundings or providing a pleasant fragrance. Blend of various ingredients by well-renowned perfume makers can bring about the need for attractive covers. The global perfume packaging market report by Market Research Future (MRFR) states drivers, opportunities, threats, and weakness in the market in a step-by-step manner.
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- Prominent names include
- I. Packaging
- Gerresheimer AG
- Albéa Group
- Amcor Limited
- Guangzhou Jiaming Perfume Packaging Co. ltd.
- Cosmetics Perfume Filling Packaging, Inc
- AptarGroup, Inc.
- I. du Pont de Nemours and Company
- Mei Yu Packaging
- Arexim Packaging
- SGB Packaging, and others.
Ormaie, a perfume maker in Paris, has decided to develop packaging designed from recycled glass in order to reflect the fragrance of their line of perfumes. The perfumes are made from natural ingredients. Efforts have been made to attract customers by creating their own topper coupled with varied colors for every bottle. In addition, the use of using ecommerce stores and social media channels for promotion of their products can significantly impact sales.
The global perfume packaging market is expected to exhibit 5.9% CAGR from 2016 to 2023 (forecast period), states MRFR. Inclination towards perfumes and exotic scents as gifts to be given by customers to their close friends is likely to be the primary driver of the market. Changing lifestyles of consumers combined with expendable income levels can augur well for the overall market demand.
The global perfume packaging market is segmented by perfume type and packaging material.
By perfume type, it is segmented into organic and synthetic perfumes. Organic perfumes are expected to command a higher share of the perfume packaging market due to the rising health consciousness levels of customers. The manufacture of organic perfumes sourced from natural ingredients is likely to bolster segment demand in the global market.
By packaging material, it is segmented into metal, paper, plastic, and glass. The glass material can dominate the market till 2023 due to being nonporous and impermeable in nature. On the other hand, the plastic material can display the most robust growth rate due to being lightweight and easy to mold.
Geographically, the global perfume packaging market is segmented into Asia Pacific (APAC), North America, Europe, and Rest-of-the-World (RoW).
Europe and North America both hold sizeable market shares and will continue to dominate in the global market. This can be attributed to presence of old and new brands coupled with the placement of stores in places with high customer footfall such as malls.
The APAC region can be the fastest growing thanks to changing living standards, impeccable taste of customers, and rise in purchasing power. Countries of Singapore, Malaysia, and China are likely to push regional market growth.
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Table Of Contents
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
LIST OF TABLES
TABLE 1 GLOBAL PERFUME PACKAGING MARKET, BY PERFUME TYPE
TABLE 2 GLOBAL PERFUME PACKAGING MARKET, BY PACKAGING MATERIAL
TABLE 3 GLOBAL PERFUME PACKAGING MARKET, BY REGIONS
TABLE 4 NORTH AMERICA PERFUME PACKAGING MARKET, BY COUNTRY
TABLE 5 NORTH AMERICA PERFUME PACKAGING MARKET, BY PERFUME TYPE
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