During the assessment period of 2022-2032, the essential oil container market is anticipated to grow at a high CAGR range of 7.5% to 9.5%. The markets for chemicals, food and drink, personal care, cosmetics, and personal care products have significantly contributed to the increase in demand for essential oils. This in turn is a significant driver of the market expansion for essential oil containers.
Essential oils, which are extracted from aromatic plants and combined with specific compounds, are extremely popular in aromatherapy. It is well recognised that essential oils have potent flavours, fragrances, and therapeutic effects. However, essential oils must be handled and stored carefully due to their volatile nature and great susceptibility to deterioration.
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Where containers excel is in this situation. Containers for essential oils shield the oil from the outside world. Essential oil containers aid in extending the shelf life of the product and maintaining its quality by minimising exposure to moisture and sunlight. The most common container types for essential oils are bottles and jars.
The demand for containers for essential oils is increasing across a number of businesses. The availability of containers that are secure, recyclable, and have different capacities contributes to the expansion of the essential oil container industry worldwide.
“Adoption of alternative medicine is increasing sales of essential oils which will boost the market for essential oil containers over the forecast period,” says an FMI analyst.
Key Takeaways:
- End-use industries are expected to bolster the essential oil container market.
- Oxidation and polymerization processes triggered by external factors lead to loss of quality and pharmacological properties of essential oils. This primarily drives sales of essential oil containers.
- Bottles will remain the most widely accepted essential oil containers.
- Asia Pacific essential oil container market will present a significantly high CAGR.
- China and India are lucrative markets for the essential oil container market in the region.
- The U.S and Canada spend huge amounts on pharmaceuticals, personal care, and cosmetic products. This will gain momentum for the essential oil container market.
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Competitive Landscape
Guangzhou Jiaxing Glass Products Co., Ltd., G. Glass Factory, Carow Packaging, Inc., SKS Bottle & Packaging, Inc. The Grasse Fragrance Co., Baralan International S.p.A., Radcom Packaging Pvt Ltd, and Hangzhou 3 Star Craftwork Glass Co., Ltd. among others are some of the leaders in the essential oil containers market that are profiled in the full version of the report.
In a highly competitive market, the leading players in the essential oil container market are invested in introducing new and innovative essential oil containers into the global market so as to expand their product portfolio. Partnerships, strategic product pricing, and establishing bases in promising markets are strategies that these market leaders engage in.
More Insights into the Essential Oil Containers Market Report
In its latest report, FMI offers an unbiased analysis of the global essential oil container market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market prospect, growth, and range, the market is segmented based on material type(glass, plastic), product type(bottle, jars), closing style(caps, droppers, horizontal dropper, vertical dropper, pump dispenser, others), capacity(up to 20 ml, 20 ml to 50 ml, 50 ml to 100 ml, 100 ml to 200 ml, above 200 ml), end use(cosmetics & personal care, pharmaceuticals, food & beverage, household, chemicals, others) and region.
Future Market Insight study reveals that the Asia Pacific and North America carry significant market potential for essential oil containers. A keen proclivity towards Ayurveda and aromatherapy positions countries like India and China as potential markets for essential oil containers. These regions are also the major producers of essential oils across the world. Thus India and China are perfect markets for essential oil containers.
Canada and the U.S. are countries that recorded high spending on personal care, cosmetics, and pharmaceuticals. This promotes the sales of essential oil containers in the North American market.
The containers are made from high-quality raw materials like plastic and glass. Bottles and jars are the primary product types of the essential oil container market. However, of the two, bottles still remain the preferred choice of essential oil container across multiple industries.
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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
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