The global essential oil containers market size is expected to be valued at USD 62.7 billion in 2023. Advent of essential oil subscription services, bolsters the overall scope for essential oil containers market, which is projected to grow at a CAGR of 8.2% between 2023 and 2033, totaling around USD 138.0 billion by 2033.
Data Points | Key Statistics |
---|---|
Essential Oil Containers Market Value 2023 | USD 62.7 billion |
Essential Oil Containers Market Projected Value (2033) | USD 138.0 billion |
Essential Oil Containers Market CAGR (2023 to 2033) | 8.2% |
The rising demand for natural and organic products, including essential oils, is driven by various factors, such as increasing health consciousness, growing awareness of environmental sustainability, and a desire for chemical-free alternatives. Consumers are becoming more mindful of the ingredients in the products they use, including essential oils, and are seeking products that promote overall well-being.
Natural and organic essential oils are derived from plant sources without the use of synthetic chemicals, pesticides, or genetically modified organisms (GMOs). They are believed to offer therapeutic properties and are often used in aromatherapy, massage, and as natural remedies for various health conditions. The demand for natural and organic essential oils has witnessed a significant upswing, as people prioritize their health and look for safer alternatives to synthetic products.
Glass and aluminum containers provide an excellent barrier against light, moisture, and air, which helps preserve the potency and freshness of essential oils. The materials prevent oxidation and deterioration of the oil's chemical composition, ensuring that the product remains effective over an extended period.
Glass and aluminum are non-reactive materials, meaning they do not interact with the essential oils, ensuring that the oils' chemical properties remain unchanged, which is particularly important for maintaining the purity and integrity of the oils.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The global demand for essential oil containers is projected to increase at a CAGR of 4.4% during the forecast period between 2018 and 2022, reaching a total of USD 138.0 billion in 2033.
According to Future Market Insights, a market research and competitive intelligence provider, the essential oil containers market was valued at USD 58.0 billion in 2022.
The increasing adoption of aromatherapy as a complementary and alternative therapy for various health and wellness benefits has been a major driver for the growth of the essential oil containers market. Aromatherapy involves the use of essential oils derived from plants to promote physical, emotional, and psychological well-being. The oils are known for their therapeutic properties and are commonly used for relaxation, stress relief, mood enhancement, pain management, and improving sleep quality.
Aromatherapy has gained significant popularity across the globe as more people seek natural and holistic approaches to self-care. The use of essential oils in aromatherapy has expanded beyond traditional spa settings and has found its way into homes, offices, yoga studios, and wellness centers.
Essential oil containers, especially those designed for personal use, have become essential tools for individuals who incorporate aromatherapy into their daily routines. Some of the popular types of essential oil containers that cater to this trend include the roller bottles. Roller bottles are small glass bottles equipped with a roller ball applicator that allows users to apply essential oils directly to the skin. They are convenient and mess-free, making them perfect for on-the-go use and targeted application of essential oils, such as for soothing headaches or promoting relaxation.
Growing E-commerce and Direct-to-Consumer Sales is Likely to be Beneficial for Market Growth
The growth of e-commerce and direct-to-consumer sales has revolutionized the retail landscape, including the essential oil market. Essential oil manufacturers and retailers, with the convenience of online shopping and the ability to reach consumers directly, are now exploring new avenues to connect with their customers. The shift in the retail landscape has led to an increased demand for packaging solutions that cater to the unique requirements of e-commerce and direct-to-consumer sales channels.
One of the primary challenges in e-commerce is ensuring that products are delivered to customers in perfect condition. Essential oils are delicate and volatile substances that can be affected by external factors such as temperature, light, and air exposure. It is essential for the packaging to be designed in a way that protects the oils from any potential damage during transit.
Essential oil containers with tamper-evident caps play a critical role in building consumer trust and ensuring product integrity. The caps provide a visible indication if the package has been tampered with, giving consumers the confidence that the product is safe and authentic, which is especially important for essential oils, as consumers want assurance that the contents have not been altered or contaminated.
Focus on Safety and Child-Resistant Packaging to Fuel the Market Growth
Safety and child-resistant packaging have become paramount considerations in the essential oil industry, as these potent substances can pose risks if mishandled, particularly in households with young children. Essential oils are concentrated extracts derived from various plants, and while they offer numerous health and wellness benefits, they also demand cautious handling and storage.
Child-resistant packaging is designed to prevent young children from accessing the contents of a container, reducing the risk of accidental ingestion or exposure. The safety of essential oil containers extends beyond protecting the product itself; it involves safeguarding the well-being of families and ensuring that these powerful substances are handled responsibly.
Child-resistant caps are a key feature of essential oil containers that addresses safety concerns. The caps are engineered to be difficult for children under a certain age to open, while remaining user-friendly for adults. The caps often require a combination of push-and-turn or squeeze-and-turn actions, making them challenging for young children to manipulate.
Glass to Take the Lion’s Share
By container type, the glass segment is estimated to be the leading segment at a CAGR of 8.1% during the forecast period.
Glass containers are non-porous and non-reactive, which ensures that essential oils are not compromised or contaminated by external factors. They provide an excellent barrier against moisture, oxygen, and light, preserving the quality and potency of the oils for a longer period.
Glass containers are considered more environmentally friendly compared to plastic. They are made from natural materials and are highly recyclable, promoting sustainable packaging practices and aligning with the growing demand for eco-conscious products.
Glass containers offer a premium and sophisticated appearance that enhances the overall brand image and product presentation. The transparent nature of glass allows consumers to see the color and purity of the essential oils, which can positively influence purchasing decisions.
Essential oils can interact with certain materials, leading to degradation or alteration of their properties. Glass is chemically inert and does not react with essential oils, ensuring that the oils remain pure and unaltered.
Glass containers are highly reusable and can be easily cleaned and repurposed for other applications after the essential oils have been used. The versatility appeals to environmentally conscious consumers who prefer products with multiple uses.
Cosmetics & Personal Care to Take the Lion’s Share
Based on the end-use, the cosmetics & personal care segment holds the largest share of the market. The segment is expected to hold a CAGR of 6.4% during the forecast period.
The cosmetics and personal care industry is witnessing a significant shift towards natural and organic products. Essential oils are increasingly used as key ingredients in various skincare, haircare, and personal care formulations due to their perceived health benefits and aromatic properties. The need for suitable and high-quality containers to store essential oils in these applications also increases, as the demand for natural and organic products rises.
Aromatherapy has gained immense popularity as a holistic approach to wellness and relaxation. Essential oils are widely used in aromatherapy products such as massage oils, diffusers, and roll-on blends. The increasing adoption of these products fuels the demand for user-friendly and aesthetically pleasing containers that are leak-proof, portable, and easy to use.
Essential oil containers offer brands in the cosmetics and personal care industry an opportunity for customization and branding. Manufacturers can choose from various shapes, sizes, and closures to create unique packaging that aligns with their brand identity and appeals to consumers. Well-designed and attractive containers can enhance the overall product presentation and entice customers to make a purchase.
Essential oil containers in the cosmetics and personal care segment are often designed for convenient and on-the-go usage. Roll-on bottles, dropper bottles, and small vials with secure closures provide ease of application and portability, allowing users to carry their favorite essential oils wherever they go.
Rising Inclination Towards Aromatherapy to Boost the Market Growth
As per FMI, the Asia essential oil containers market is poised to grow at a higher CAGR over the forecast period, owing to the rapid expansion of end-use industries, growing consumer awareness, and rising popularity of alternative medicine.
East Asia and South Asia & Pacific is expected to be a significant market for essential oil containers. Countries like China and India are the major producers of essential oils across the world. People in these countries show a keen inclination towards aromatherapy and ayurveda for staying fit and healthy. The region is expected to hold a CAGR of 8.1% over the analysis period.
Rising Health Awareness Among People to Boost the Market Growth
According to Future Market Insights, North America accounted for a significant share of the global essential oil containers market in 2022, and is projected to grow at a healthy CAGR of 8.0%, over the assessment period. Growth in the market is attributable to the surging demand for essential oil containers from pharmaceutical and cosmetics & personal care industries, growing health awareness among people, and the presence of leading market players in countries like the United States.
People across countries like the United States and Canada are spending huge amounts on purchasing pharmaceuticals, cosmetics, personal care products, and household cleaning products, which providing a major impetus to the growth of the essential oil containers market across North America.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Essential oil containers market startup players are adopting various marketing strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaboration to create a larger customer base.
For instance:
Key players in the essential oil containers market are strongly focusing on profit generation from their existing product portfolios along while exploring potential new applications. The players are emphasizing on increasing their essential oil containers production capacities, to cater to the demand from numerous end use industries. Prominent players are also pushing for geographical expansion to decrease the dependency on imported essential oil containers.
Recent Developments:
Attribute | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | USD Billion for value and Tons for Volume |
Key Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia & Pacific; East Asia; and Middle East & Africa |
Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, Poland, Russia, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC Countries, South Africa, Israel. |
Key Segments Covered | Material Type, Product Type, Closing Style, Capacity, End Use, and Region |
Key Companies Profiled | 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; Aromaaz International |
Report Coverage | Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
As of 2023, the global market size could stand at USD 62.7 billion.
Asia is expected to follow a CAGR of 8.1% for the market through 2033.
The global demand for essential oil containers could witness 8.2% CAGR through 2033.
The overall segment is leading and is expected to grow at 8.1% CAGR through 2033.
The regional market is forecasted to exhibit 8% CAGR through 2033.
Explore Packaging Insights
View Reports