Essential Oil Containers Market

Essential Oil Containers Market Overview

The global sales of essential oil containers are slated to rise at a robust CAGR of around 7.5% to 9.3% between 2022 and 2032, generating significant revenues by the end of the forecast period. Growth in the market is attributable to the rising demand for essential oils across diverse end-use verticals including pharmaceuticals, chemicals, and cosmetics & personal care.

Essential oils are aromatic plant extracts composed of volatile chemical molecules or compounds. They are mostly extracted by distillation process and are being increasingly used in perfumes, cosmetics, air fresheners, household cleaning products, food & beverages etc. These essential oils are especially known for their strong flavor, fragrance and health benefits.

Over the last few decades, essential oil has gained huge popularity in aromatherapy where they are inhaled or applied on skin for treating and preventing various diseases. Essential oils are believed to reduce inflammation, anxiety, and pain, improve sleep, and relieve headaches beside several other health benefits.

However, as essential oils are volatile and highly vulnerable to deterioration, they need to be handled and stored with care. For this purpose, they are packed and stored in containers.

Essential oil containers act as barriers between essential oil products and the external environment. They reduce the threat of degrading agents like hazardous gasses, sunlight, and moisture, and thus help to extend the shelf life of essential oil products.

There are generally two types of containers i.e., bottles and jars used for packing and storing essential oils products. These containers are made from high-quality raw materials such as plastics and glass. Among the product types, bottles remain the widely accepted essential oil containers used across diverse end-use industries such as pharmaceuticals, cosmetics & personal care, etc.

Rising demand for essential oil products from various end-use industries will continue to provide a strong thrust to the growth of essential oil containers market during the forecast period. Moreover, safe and recyclable features of essential oil containers along with availability of containers with different capacities will further help market players to increase their sales across diverse industries during the coming years.

Which Factors are Boosting the Growth of Essential Oil Containers Market?

Growing popularity of alternative medicine, increasing applications of essential oils, expansion of end-use industries and rising need for preserving essential oils products from degradations as well as improving their shelf life are some of the major factors driving the growth of essential oil containers market.

Essential oils are sensitive products due to their highly potent and volatile nature. Products containing essential oil are thus more susceptible to conversion and degradation reactions. Oxidation and polymerization processes triggered by agents like light, heat, air, moisture and other gasses can result in loss of quality and pharmacological properties of essential oils. This factor is acting as a catalyst for fueling the adoption of essential oil containers and the trend is likely to prevail during the forecast period.

Subsequently, rapid expansion of end-use verticals such as pharmaceuticals, food and beverages, cosmetics and personal care, chemicals, etc. across the globe due to rapidly growing population and increasing spending by people is anticipated to boost the growth of essential oil containers market in the forthcoming years.

Essential oil containers are gaining immense traction in the packaging of cosmetic and personal care products, food and beverage, pharmaceuticals, chemicals etc. Manufacturers are increasingly using these air tight glass and plastic essential oil containers to minimize the risk of degradation, improve the shelf life of products and protect them from external forces.

Moreover, growing popularity of glass containers for packaging and storing essential oil products on account of their durable, recyclable, and hygienic nature will further help market players to increase their sales.

What are the Challenges Faced by the Essential Oil Containers Industry?

Although essential oil containers are experiencing strong demands from end-use industries, there are certain factors that are likely to challenge market growth in the forthcoming years. One such factor is the rising concerns of adulteration in essential oils.

Why is Demand for Essential Oil Containers Rising Across Asia Pacific?

As per FMI, the Asia Pacific 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.

Asia pacific countries like China and India are the major producers of essential oils across the world. Besides this, people in these countries show a keen inclination towards aromatherapy and ayurveda for staying fit and healthy.

Ismail Sutaria

Principal Consultant

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What is the Growth Projection for the North America Essential Oil Containers Market?

According to Future Market Insights, North America accounted for a significant share of the global essential oil containers market in 2021 and is projected to grow at a healthy CAGR 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 presence of leading market players in countries like the United States.

People across countries like the U.S. and Canada are spending huge amounts on purchasing pharmaceuticals, cosmetics, personal care products and household cleaning products. This is providing a major impetus to the growth of essential oil containers market across North America.

Market Competition

Some of the key participants present in the global essential oil containers market include 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.

Presence of a large number of domestic and regional players has made the global essential oil containers market highly competitive in nature. Key market players are constantly upgrading their product portfolios, reducing product prices, establishing bases in attractive markets, and partnering with essential oil manufacturers to supply customizable containers.

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Report Scope

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