Glass Packaging Market to Grow by $5.4 Billion Over Next Decade.

January 16, 2023 21:00 ET | Source: Future Market Insights Global and Consulting Pvt. Ltd. Future Market Insights Global and Consulting Pvt.Ltd

        NEWARK, Delaware, August 10, 2022 (GLOBE NEWSWIRE) — Future Market Insights (FMI) forecasts the global cosmetic glass bottle market will reach a valuation of $5.4 billion by 2032, with a CAGR of $5.4 billion dollars. the rate from 2022 to 2032 is 4.4%.

        Packaging plays a vital role in the marketing and branding of cosmetics. Glass bottles are commonly used to package skin care, hair, perfume, nail and other products. These bottles are mainly used in the cosmetics industry due to their robust construction and zero chemical inertness.

        High consumer demand for luxury goods will drive demand for glass bottles in the cosmetics industry. Glass bottles usually have different capacities: less than 30ml, 30-50ml, 51-100ml and over 100ml.

        Thus, consumers can purchase the goods they need. What’s more, a surge in demand for hair oils, moisturizers, face creams, serums, fragrances, and deodorants will boost sales of luxury-looking glass packaging.

       “The growing popularity of luxury beauty products among consumers is expected to drive the glass cosmetic bottle market over the next decade,” FMI analysts say. The goal of the manufacturer is to create stylish and unique bottles for cosmetic products. They also strive to offer a diverse portfolio of innovative bottles.

        Due to the emergence of demand, Topfeelpack is focusing on developing glass-style airless bottles and refill bottles, which were difficult to break through in the previous technology.

        In addition, the growing trend of online shopping will encourage manufacturers to develop creative glass packaging to increase sales. The market for glass cosmetic bottles will show steady growth over the next decade due to rapid urbanization and increasing consumer purchasing power.

        Manufacturers are focusing on creating innovative packaging to expand their product range, which will increase the demand for glass cosmetic bottles. In the perfume industry, glass bottles are mainly used to give the product an excellent and aesthetic appearance.

        What’s more, the demand for luxury packaging is expected to grow rapidly over the next decade due to rising per capita income, an increase in millennials, and a growing number of beauty influencers. These factors are expected to create new growth opportunities for glass cosmetic bottle manufacturers.

       In its new report, Future Market Insights presents an unbiased analysis of the global cosmetic glass bottle market by closure type (push pump bottles, fine mist spray bottles, glass tumbler, screw cap jars and dropper bottles), capacity (less than 30ml). 30 to 50 ml, 51 to 100 ml and more than 100 ml) and applications (skin care, hair care, fragrances and deodorants and others [nail care, essential oils]) cover seven zones.
       
       Cosmetic Spray Market Growth: The global cosmetic spray market is expected to grow at a CAGR of 5.1% during the forecast period.

       Bottle sealing wax market size: Bottle sealing wax is a packaging solution traditionally used to keep food fresh longer and leave no room for tampering or tampering.

        Market Value of Bottle Inverters: Bottle inverters ensure smooth flow of liquids from bottles and eliminate spillage of low viscosity liquids. They are used in the production of spirits and syrups in hotels and restaurants, in the automotive industry for lubricating cars and for other purposes.

        Bottle Carrier Market Forecast. The size of the global bottle carrier market is estimated to be US$4.6 billion in 2022, with a CAGR of 2.5% during the forecast period 2022-2032. It will grow steadily and exceed $7.1 billion by 2032.

        Final analysis of the packaging market. According to Future Market Insights, the global finished packaging market will be valued at US$5.1 billion in 2022 during the forecast period and will grow at a CAGR of 4.3% to US$7.9 billion in 2032.

       Acrylic Box Market Demand: The global acrylic box market is valued at US$224.8M in 2022 and is expected to grow at a CAGR of 4.7% between 2022 and 2032 to reach US$355.8M.

        Aerosol printing and graphics market trends. The global demand for the aerosol printing and graphics market is expected to be worth US$397.3 million by 2022, with a CAGR of 4.2% from 2022 to 2032 expected to be US$599.5 million.

       Pallet strapping machine market share: Total demand for pallet strapping machines is expected to grow by an average of 4.9% to reach a total estimate of US$4,704.7 million by 2032.

        Market volume of paper bottles. The global paper bottle market is expected to reach US$64.2 million by 2022 and reach a CAGR of 5.4% by 2032 and reach US$108.2 million by 2032.

       Filling Machine Market Sales: Total demand for filling machines is expected to grow steadily at an average of 4.0% between 2022 and 2032 and reach US$1.9 billion by 2032.

       Download a free copy of the future smart packaging market white paper for the circular economy, published in partnership with Graham Packaging and Avery Dennison.

        Future Market Insights, an ESOMAR-accredited market research organization and member of the Greater New York Chamber of Commerce, provides information on the determinants of market demand. It reveals favorable growth opportunities for different segments depending on source, application, sales channel and end use over the next 10 years.