Cosmetic Vials Market Demand, Sales, Size & Share | Global Industry Report for 2033
The global essential oil container market is anticipated to reach a valuation of US$ 62.7 billion in 2023, driven by the growing popularity of aromatherapy. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 8.2% between 2023 and 2033, and reaching a total valuation of approximately US$ 138.0 billion by 2033.
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One of the major factors contributing to the growth of the essential oil containers market is expanding beauty and personal care industry. The beauty and personal care industry has experienced remarkable growth, with consumers becoming more conscious of using natural and organic products. Essential oils are widely used in various cosmetic formulations, including skincare, hair care, and perfumes. The demand for aesthetically appealing and functional containers that complement the premium image of natural products is driving the essential oil containers industry.
The advent of e-commerce and direct-to-consumer sales channels has revolutionized the retail landscape, allowing essential oil manufacturers and retailers to reach a wider audience. Essential oil containers must be designed to withstand shipping and handling while ensuring product integrity, to meet the packaging requirements of online sales. Tamper-evident caps and leak-proof packaging are some of the features gaining popularity in this context.
Key Takeaways from the Industry Study
- Global essential oil containers market was valued at US$ 58.0 billion by 2022-end.
- From 2018 to 2022, the industry demand expanded at a CAGR of 4.4%.
- Asia Pacific is expected to hold a dominant CAGR of 8.1% during the forecast period.
- By material type, HDPE bottles segment is expected to constitute a CAGR of 8.1% in 2033.
- On the basis of end-use, cosmetics & personal care industry segment is expected to dominate the market with a CAGR of 8.1% in 2033.
- From 2023 to 2033, essential oil containers industry is expected to flourish at a CAGR of 8.2%.
- By 2033, the market value of essential oil containers is expected to reach US$ 138.0 billion.
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Key Segments Profiled in the Essential Oil Containers Industry Survey
By Material Type:
- Glass
- Plastic
By Product Type:
- Bottle
- Jars
By Closing Style:
- Caps
- Droppers
- Horizontal Dropper
- Vertical Dropper
- Pump Dispenser
- Others
By Capacity:
- Upto 20 ml
- 20 ml to 50 ml
- 50 ml to 100 ml
- 100 ml to 200 ml
- Above 200 ml
By End Use
- Cosmetics & Personal Care
- Pharmaceuticals
- Food & Beverage
- Household
- Chemicals
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- Middle East & Africa