The global essential oil containers market is anticipated to reach a valuation of US$ 62.7 billion in 2023, driven by 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.
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 market.
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.
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Consumers are becoming more conscious of their choices and prefer products with eco-friendly packaging, with increasing environmental concerns. The trend has propelled manufacturers to explore sustainable materials for essential oil containers, such as glass and recyclable plastics. Containers made from post-consumer recycled materials and those designed for reuse or recycling are gaining traction among environmentally conscious consumers.
Key Takeaways from the Market Study
- Global essential oil containers market was valued at US$ 58.0 billion by 2022-end.
- From 2018 to 2022, the market 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 market 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.
Safety and child-resistant packaging, across the globe, is a major factor that is expected to propel the growth of the essential oil containers market in the near future, remarks an FMI analyst.
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Competitive Landscape
Prominent players in the essential oil containers market are 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, Hangzhou 3 Star Craftwork Glass Co., Ltd., O.BERK, Stoelzle Glass Group, Kazima Cosmetics, Katyani Exports, and Aromaaz International, among others.
Recent Developments:
- In 2023, Baralan International S.p.A. introduced a new line of essential oil bottles with a variety of features to improve their safety and security. The features include a tamper-evident seal, a child-resistant closure, and a spill-proof design.
- In 2022, G. Glass Factory introduced a new line of essential oil bottles with a built-in diffuser. The diffuser helps to distribute the essential oil evenly in the air, making it easier to inhale the benefits of the oil.
- In 2022, Carow Packaging, Inc. launched a new line of essential oil bottles with a child-resistant closure. The closure helps to prevent children from opening the bottles and accidentally ingesting the essential oils.
More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global essential oil containers market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the essential oil containers market, the market is segmented on the basis of material type (glass, and plastic), by product type (bottle, and jars), closing style (caps, droppers, horizontal dropper, vertical dropper, pump dispenser, and others), capacity (upto 20 ml, 20 ml to 50 ml, 50 ml to 100 ml, 100 ml to 200 ml, and above 200 ml), and by end-use (cosmetics & personal care, pharmaceuticals, food & beverage, household, chemicals, and others), across seven major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East & Africa (MEA)).
Key Segments Profiled In The Global Essential Oil Containers Market
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
- South Asia and Pacific
- East Asia
- Middle East and Africa (MEA)
About Future Market Insights Inc. (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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