North America Cosmetic Perfumery Glass Bottle Packaging Market Analysis
The NA Cosmetic & Perfumery Glass Bottle Packaging Market is expected to register a CAGR of 3.35% during the forecast period.
- The increasing adoption of advanced technologies for cosmetic packaging and growing trends of skincare products are some of the significant factors driving the market growth in United States. Nail care products seem to be the biggest focus of consumers and retailers after cosmetics in the country.
- Salon industry in the United States is also showing the increasing trend for consumers toward beauty products. In the salon industry, the United States is one of the largest employers in the workforce, which employs more than 712,000 people annually.
- One of the biggest Canadian fragrance Brands, Michel Gemain Parfums have changed their content strategy for the fact that people people consumed content differently when viewing the material online versus through another method. The company is operating their contents on digital platform as they feel that digital world is the new reality.
- Kylei Cosmetics have taken a major blow due to the current health orders in California. The fulfilment center of the company has been closed temporarily due to Covid situation. Though, the brand's website remains available to accept orders, its fulfillment center cannot guarantee delivery dates at this time.
North America Cosmetic Perfumery Glass Bottle Packaging Market Trends
Perfume to Show Significant Growth
- As glass bottles dominate the global fragrance and perfume market, the increasing demand for perfume is also expected to increase usage of glass bottles in cosmetic sectors. The global fragrance and perfume market is estimated to grow at the rate of 6.2%, during the forecast period.
- Aptar Beauty + Home, in partnership with Shiseido, has created a unique solution for fragrance dispensing. L’Eau d’Issey now features a versatile bottle offering a prestigious and travel format in a single set.
- Additionally, a preference for natural fragrances over synthetic-based ingredients is increasing, due to growing consciousness about the risks of allergies and toxins. For instance, the US based, LUXE Brands Inc., is positioning itself as a natural fragrance brand, and is also collaborating with celebrities for product endorsement.
- Social media is also playing a vital role in bringing foreign products to the US cosmetics market. As more foreign vendors are entering the US market with manufacturing facilities, the local studied market is also expected to grow.
United States to Hold the Highest Market Share
- The growing demand for skin care products from emerging countries as well as the demand for dropper bottles for trending face serums, are expected to drive the segment growth.
- Growing demand for aesthetic procedures and beautification services come mainly from the age group of 26 - 35 years. Face lift treatments combined with Botox designed to slim the facial contour, gained a strong attraction in the past few years.
- According to a survey conducted by the Nail Magazine, a prominent magazine based in California, the United States, more than 74% of the women, who visit nail salons buy their own supplies, tools, and equipment, rather than using salon supplies.
- The surveys also revealed that more than 25% of the women, who shop for nail supplies spend between USD 100 and USD 200 every month. With glass bottles dominating the nail care segment, the growing usage of nail polish, is expected to positively impact the market growth.
- It is estimated that, more than 79.7% of these employees are either hairdressers, hairstylists, or cosmetologists with an average salary of USD 24,443 per annum. Hence, further motivating vendors to invest in the country’s market.
North America Cosmetic Perfumery Glass Bottle Packaging Industry Overview
The Cosmetic and Perfumery Glass Bottle Packaging Market in North America appears to be concentrated due to the presence of some major vendors. This industry research report offers information about the competitive environment among players in this market space. Major players includeSGB Packaging Group, SKS Bottle and Packaging Inc. Vitro Corporation, among others.
- September 2020- Glass manufacturer Verescence helped create the 30ml and 100ml bottles for the latest fragrance from L'Oréal's Valentino Beauty brand: Voce Viva. The bottle combines flat shoulders and a homogeneous distribution of glass with two inverted studs pointing towards the inside of the bottle on more than 10 mm.
North America Cosmetic Perfumery Glass Bottle Packaging Market Leaders
Verescence Inc.
Piramal Glass
Vitro Corporation
Sgb Packaging Inc.
Sks bottle and Packaging Inc.
- *Disclaimer: Major Players sorted in no particular order