Europe Cosmetic and Perfumery Glass Bottle Packaging Market - Growth, Trends, Forecasts (2022 - 2027)
The European Cosmetics and Perfumery Glass Bottles Packaging Market is expected to reach a CAGR of 3.2% during the forecast period (2020 - 2025). The packaging in the cosmetic industry has gone leaps and bounds in recent years. The cosmetic industry has the most varied packaging requirements of all the other sectors. Glass packaging is helping brands, specifically in the skincare and fragrance segment, to design attractive packages. Moreover, these design attributes and innovation, which are only possible within glass packaging, offer exceptional product differentiation. A beautiful look is given to the glass to make it appealing to the consumers and is widely used in perfume packaging.
Key HighlightsThe Europe cosmetic packaging market comprises several global and regional players, vying for attention in a fairly contested market space. Although the market poses moderately high barriers to entry for the new players, several new entrants have been able to gain traction.Although barriers to entry for new players are fairly high, new packaging companies are witnessing value in foraying, especially, into the flexible packaging industry. This market is characterized by growing levels of product differentiation, and high levels of competition. Generally, the products are offered in bulk.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook