Seattle, WA -- (SBWIRE) -- 10/23/2019 -- Nowadays, the youth is more aware of personal grooming and are ready to experiment with new brands and products perfumes. Perfume is a blend of fragrant oils, aroma compounds and fixatives meant to produce a pleasant and soothing scent for humans. Increasing disposable income among individuals and change in lifestyle of consumers in emerging economies, are propelling the growth of perfume packaging market.

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The global perfume packaging market is expected to register healthy growth, thanks to dynamic shift in consumer purchasing preferences and fierce competition in the e-commerce sector. The perfume packaging market is expected to depict a highly competitive and fragmented landscape in the near future. Perfume packaging has always been an integral part of branding perfumes. Growing advancements in technologies such as 3D printing, new design approaches, and automation are expected to expand the current horizons. The perfume packaging market players are investing in research and development to innovate packaging with new materials. Additionally, growth of e-commerce and relatively higher cases of product recalls are also expected to boost growth in the perfume packaging market.

Segmentation:

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 2026 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.

Regional Analysis:

On the basis of regions, global perfume packaging market is segmented as North America, Europe, Asia-Pacific and Rest of the World (RoW). Europe and North America dominates the global perfume packaging market. Perfumes are highly demanding in Europe and North America. Luxurious living is driving the growth of the market in both Europe and North America region. Asia-Pacific is expected to be the fastest growing region in global perfume packaging market. Increase in consumer spending and improving living standards are also driving the growth of the market in Asia-Pacific region. Countries such as India, China, Malaysia, and Singapore are expected to witness significant growth during the forecast period.

Key Players: Continental Bottle Co. Limited, Quadpack Ltd, Alcion Plasticos, Premi Spa, Verescence France SASU, Albea S.A., Glaspray Engineering & Manufacturing Co. Ltd., and Saverglass sas, Coverpla S.A.

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