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Perfume packaging market 5.76% CAGR grow to 2021 made available by top research firm

The following companies as the key players in the global perfume packaging market: Albéa, Amcor, AptarGroup, DuPont, and Gerresheimer AG.

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Other Prominent Vendors in the market are: Arexim Packaging, Ball Corporation, Bemis, Collcap, Cosmopack, Certina Packaging, Graham Packaging, HCP Packaging, Quadpack, Rieke, and TricorBraun.

This report covers the present scenario and the growth prospects of the Global Perfume Packaging Market for 2017-2021. To calculate the market size, the report considers the revenue generated by the vendors operating in the market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

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The analysts forecast Global Perfume Packaging Market to grow at a CAGR of 5.76% during the period 2017-2021.

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The latest trend gaining momentum in the market is Emergence of organic perfumes.

The rising demand for organic products has led to an increase in the demand for organic perfume. Despite the high cost, organic perfume is driving the global perfume packaging market.

Organic perfume uses pure ingredients that are free from solvents, dyes, alcohols, petrochemicals, and pesticides. These perfumes are vegan and are certified by PETA.

Organic perfumes are being preferred over the synthetic perfumes due to the increase in environment and health consciousness. Manufacturers of organic perfumes are looking for all-natural and organic packaging products that can promote their brands and product lines.

Thus, manufacturers are focusing on the procurement of eco-friendly and sustainable packaging solutions.”

About Perfume Packaging

Perfume packaging is used to enclose the perfume in the form of pumps, bottles, and dispensers, by using packaging materials such as metal, glass, and plastics. Perfume packaging adds aesthetic value to the perfume.

On the basis of packaging material type, the market is segmented into glass packaging, plastic packaging, and metal packaging. Perfume packaging refers to primary packaging of perfumes using dispensers, pumps, and bottles.

With the increased environmental concern, vendors have started using eco-friendly and recyclable packaging materials, such as bioplastics, which promote sustainable packaging development.

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According to the report, one of the major drivers for this market is Growth of the e-retailing market. The e-retail market across the world will grow steadily during the forecast period and is expected to grow at CAGR of around 5.50%.

The global e-commerce sales in 2014 accounted for 6% of the total sales, which is expected to increase to 10%-10.50% of the total sales by 2021. The major economies of the e-commerce market are China, the US, the UK, France, Canada, and Germany.

The penetration of the Internet in the population of these countries is 78%-82%. The growth of the e-commerce market is supporting the sales of perfume across the world, as it provides a marketplace for both local and multi-national companies operating in the perfume market.

Further, the report states that one of the major factors hindering the growth of this market is Volatile raw material prices. Most of the packaging materials used in the perfume packaging industry are plastic, glass, paper, and metal cans.

The increase in the gap between demand and supply in the last few years has led to a substantial increase in the prices of raw materials.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

This report, Global Perfume Packaging Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

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Market driver

  • Growth of the e-retailing market
  • For a full, detailed list, view our report

Market challenge

  • Volatile raw material prices
  • For a full, detailed list, view our report

Market trend

  • Emergence of organic perfumes
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Table of Contents

  • PART 01: Executive summary
  • PART 02: Scope of the report
  • PART 03: Research Methodology
  • PART 04: Introduction
  • PART 05: Market landscape
  • PART 06: Market segmentation by material type
  • PART 07: Geographical segmentation
  • PART 08: Decision framework
  • PART 09: Drivers and challenges
  • PART 10: Market trends
  • PART 11: Vendor landscape
  • PART 12: Appendix

Browse full table of contents and List of Exhibits at www.rnrmarketresearch.com/global-p…arket-report.html

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