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Aluminium Collars Market: Dynamics
The global personal care & cosmetics industry has undergone significant changes during the forecast period. This is attributed to an increased importance given to personal grooming. Aluminium collars are designed to make an impact on shelf. Glossy Aluminium collars are highly preferred by luxury perfume brands, to achieve that.
For instance, in 2017, Spanish packaging distribution firm Rafesa, added a new glossy black Aluminium collar to its range of products.
An increase in demand for perfumes and similar personal grooming products is also expected to be one of the significantly contributing factors to the growth of the global Aluminium collars market. Perfumes are also considered an apt gifting option, and has been that way for decades. As a result, the likelihood of a change in preference during the forecast period is low. Celebrity endorsements for luxury perfumes is expected to be the most preferred marketing strategy by perfume brands, which is expected to play a pivotal role in the future growth of the forecast period. Manufacturers of Aluminium collars are expected to lay more emphasis on product differentiation in terms of colour and texture.
Aluminium Collars Market: Regional Outlook
The North America Aluminium collars market is expected to maintain its leading position during the forecast period. This is attributed to the high demand for luxury perfumes in the region, which largely influences growth in sales of Aluminium collars. Luxury perfumes are expected to retain their popularity both among males and females during the forecast period, thereby creating lucrative opportunities for the growth of the global Aluminium collars market.
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A significant share of the demand generated for Aluminium collars is expected to be from the growing economies in the Asia Pacific region. This can be attributed to the changing lifestyle of consumers in the region, which is anticipated to generate more demand for personal grooming products. The MEA Aluminium collars market is expected to experience sluggish growth during the forecast period, due to high market penetration and preference for luxury perfumes. The Europe Aluminium collars market is expected to contribute significantly to the value of the market. However, the growth of the Aluminium collars market in Europe is expected to be sluggish during the forecast period.
Global Aluminium Collars Market: Segmentation
Globally, the Aluminium Collars market has been segmented as follows:
On the basis of product type, the global Aluminium Collars market is segmented as:
- Matte Aluminium Collars
- Glossy Aluminium Collars
On the basis of diameter, the global Aluminium Collars market is segmented as:
- < 15 mm
- 15 – 18 mm
- 19 – 22 mm
- 23 – 25 mm
- > 25 mm
Global Aluminium Collars Market: Key Players
Examples of some of the key players operating in the global Aluminium Collars market are:
- Shi Chia Lin Industry Co., Ltd.
- Preface Deux
The research report presents a comprehensive assessment of the market, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, product type, and diameter.
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