Essential Oil Container Market Size, Share, Growth, and Industry Analysis, By Type (Glass Essential Oil Container and Plastic Essential Oil Container), By Application (Pharmaceutical Industry, Chemical Industry, Cosmetics and Personal Care Industry and Others), Regional Insights, and Forecast To 2031

Updated On: 22 April 2024

Essential Oil Container Market Report Overview

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The global essential oil container market size is expanded rapidly in 2021 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2021 to 2031.

Essential oils should be stored in airtight containers made of dark-coloured glass, such as amber or cobalt blue. This is because essential oils can be sensitive to light and air, which can cause them to oxidize and degrade over time, leading to a loss of potency and efficacy.

Glass is preferred over plastic containers because essential oils can react with plastic and cause it to degrade, leading to a potential for contamination. Dark-coloured glass is preferred over clear glass because it provides protection against light, which can also cause the oil to degrade.

COVID-19 Impact: Pandemic Decreased the Market Demand Owing to the Halt In Supply Chain

The global market for essential oil containers has been adversely impacted by the COVID-19 pandemic. The pandemic has resulted in a significant decline in demand for essential oils and their containers, as a result of the closure of spas, salons, and other businesses that use these products. Moreover, the pandemic has led to disruptions in the global supply chain and logistics, which have resulted in delayed manufacturing and shipment of essential oil containers. This has created a supply-demand gap, leading to an imbalance in the market. COVID-19 pandemic has affected the overall economic activity of the global market, leading to a decline in consumer spending power, which has further impacted the essential oil container market share. It is predicted that the market will experience a negative impact in the short term, but will eventually recover as the pandemic subsides.

Latest Trends

"Increasing use of biodegradable and compostable materials is expected to fuel the growth in the market"

One of the recent trends in the market is the increasing use of biodegradable and compostable materials for packaging. Consumers are becoming more environmentally conscious and are looking for sustainable packaging solutions. Biodegradable and compostable materials such as plant-based plastics, paper, and bamboo are gaining popularity as they are eco-friendly and can be easily disposed of without causing harm to the environment. Manufacturers in the market are responding to this trend by incorporating biodegradable and compostable materials in their product offerings. For example, some manufacturers are using plant-based plastics made from corn, sugarcane, or cassava to create their packaging solutions. These plant-based plastics are biodegradable and break down naturally, leaving no harmful residue. Paper-based packaging solutions, such as paper tubes and cardboard boxes, are also gaining popularity. These materials are recyclable, compostable, and biodegradable, making them an excellent choice for consumers who are looking for sustainable packaging solutions. In conclusion, the use of biodegradable and compostable materials is a growing trend in the Essential Oil Container Market as consumers are becoming more environmentally conscious and are looking for sustainable packaging solutions.

Essential Oil Container Market Segmentation

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• By Type Analysis

According to type, the market can be segmented Glass Essential Oil Container and Plastic Essential Oil Container.

• By Application Analysis

Based on application, the market can be divided into Pharmaceutical Industry, Chemical Industry, Cosmetics and Personal Care Industry and Others.

Driving Factors

"Increasing demand for essential oils to foster the market growth"

The demand for essential oils has been steadily increasing in recent years due to the growing popularity of natural remedies and alternative therapies. Essential oils are used for their therapeutic benefits, which include relieving stress, promoting relaxation, and providing relief from common ailments such as headaches, nausea, and muscle pain. The increasing awareness of the health benefits of essential oils has led to a surge in demand for these products, which, in turn, is driving the demand for essential oil containers. Essential oil containers are available in a range of sizes, shapes, and materials to cater to the diverse needs of the market. Some of the popular container types include dropper bottles, rollerball bottles, spray bottles, and jars. The type of container used for an essential oil product depends on the intended use and the viscosity of the oil. For instance, thicker oils like sandalwood may require a dropper bottle, while thinner oils like lavender may work better in a spray bottle.

"Increasing demand for premium packaging to result in the expansion of the market"

The demand for premium packaging in the market is being driven by consumers' increasing preference for high-end and luxurious products. Premium packaging is often used to differentiate products in the market and to create a sense of exclusivity and luxury. Manufacturers are responding to this trend by offering a range of premium packaging solutions such as frosted glass bottles, custom-designed packaging, and unique shapes and sizes. Frosted glass bottles, for example, are increasingly popular due to their aesthetic appeal and their ability to protect the essential oils from UV light. Custom-designed packaging is also gaining popularity, as it allows manufacturers to create a unique brand identity and stand out in a crowded market.

Restraining Factors

"Fragmented market to hamper the market growth"

The market is highly fragmented, with numerous small and large manufacturers and suppliers operating in the market. This fragmentation can create challenges for manufacturers in terms of market share, distribution channels, and pricing. The fragmentation of the market can also lead to a lack of standardization in terms of product quality, packaging sizes, and labelling. This can create confusion among consumers who may struggle to compare products from different manufacturers or understand the labelling and packaging information. Moreover, the fragmented nature of the market can also make it challenging for manufacturers to establish strong relationships with retailers or distributors, limiting their reach to the market. The lack of established distribution channels can also make it difficult for manufacturers to achieve economies of scale and keep their prices competitive.

Essential Oil Container Market Regional Insights

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"Asia-Pacific to lead the market owing to the increasing demand for essential oils in countries such as China, India, and Japan. "

Asia Pacific region is expected to experience the largest expansion in terms of essential oil container market growth during the forecast period. The increasing demand for essential oils in countries such as China, India, and Japan is driving the growth of the market in this region. Additionally, the region's growing population and rising disposable income levels are contributing to the demand for essential oils and their packaging solutions.

Key Industry Players

"Key players are employing advanced technologies in order to stimulate further growth of the market."

All the major players are motivated to offer superior and more advanced services in order to gain a competitive edge in the market. To increase their market presence, vendors are using a variety of techniques, including product launches, regional growth, strategic alliances, partnerships, mergers, and acquisitions.

List of Market Players Profiled

• Baralan International in USA
• Radcom Packaging in Mumbai
• H. N. G. Glass Factory in Kolkata
• Hangzhou 3 Star Craftwork Glass in Hangzhou
• Guangzhou Jiaxing Glass Products in Baiyun Guangzhou
• Berlin Packaging in Chicago
• O.Berk in New Jersey

Report Coverage

This report examines an understanding of the essential oil container market’s size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.

Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.

This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.