Rollerball Vials Market - An Overview
Rollerball vials are used for storing essential oils, perfumes, and other medicinal ointments. These vials are durable, reusable, and hence considered environmentally-friendly. Moreover, manufacturers are eyeing these vials as branding tools as they can be printed and labeled to achieve product differentiation.
Among various rollerball vials, amber glass rollerball vials are preferred for different applications as these vials block UV light, thereby increasing the shelf life of the product. Also, these glass vials are free from BPA, which has become a key concern for today’s consumer. Thus, the glass rollerball vials market is expected to grow at a healthy CAGR in the foreseeable future. However, consumers looking for more reliable solutions tend to opt plastic rollerball vials as they are less fragile and hence easy to carry.
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Rollerball Vials Market - Dynamics
Global rollerball vials market is expected to have a positive outlook owing to the convenience they offer. Rollerball vials are suitable for on-the-go applications, these vials are small in size and hence easy to carry. Moreover, these also aid in keeping a check on product consumption. Usually larger bottles with regular caps dispense larger quantities of the product, which can be controlled by using rollerball vials. These factors are expected to drive the global rollerball vials market in the coming years.
Attributing to the fragmented nature of the global rollerball vials market, several regional players are expected to contribute to the global market. These can be unorganized players, who might shift the regional pricing trends of rollerball vials. Furthermore, other formats can be used for storing essential oils and perfumes such as pipette vials, spray bottles, and others. Thus, the threat of substitutes is expected to be reasonably high in the global rollerball vials market. This might also hamper the growth of the market during the period of forecast. Also, the internal threat of substitution is high as there are various vials available. This includes clear glass vials, amber glass vials, clear PET vials, or other colored vials.
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Rollerball Vials Market - Segmentation
Globally, the rollerball vials market is segmented by material, capacity, and end-uses.
By material, the global rollerball vials market has been segmented as follows
- Type I
- Type II
- Type III
- Polyethylene Terephthalate (PET)
- Polypropylene (PP)
By capacity, the global rollerball vials market has been segmented as follows
- Up to 3 ml
- 4 ml to 10 ml
- 11 ml & Above
By end-uses, the global rollerball vials market has been segmented as follows
- Essential oils
- Medicinal ointments
Rollerball Vials Market - Regional Outlook
Geographically, the Asia Pacific market is expected to pose immense growth opportunities for rollerball vials as the penetration of essential oils is far less than the developed countries. Furthermore, Europe and North America regions have an established consumer base for rollerball vials, as the essential oils, as well as the fragrance market, is quite matured in the region. This is expected to create a steady demand for rollerball vials in the region, during the next decade. Under-developed economies of Latin America and MEA region are expected to offer promising growth opportunities as the consumer spending on fragrances & other premium products have witnessed a hike in the past years. This hike is projected to translate into growth opportunities for the rollerball vials market during 2019-2029.
Rollerball Vials Market - Key Developments
Manufacturers are providing rollerball vials with additional features so as to cater to a wider array of applications. For instance,
- AromaTools, has designed a stainless steel roller with spring lock. This roller controls the oil flow and ensures leak-free containment. The roller cap is reusable and compatible with most of the standard roll-on vials.
Rollerball Vials Market - Key Players
Some of the key players operating in the global rollerball vials market are Xuzhou Erose Glass Products Co., Ltd., Radcom Packaging Pvt Ltd., S K Exports, Orange Products Inc., Cospak Pty Ltd., and more.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on rollerball vials market segments and geographies.
Regional Analysis Includes-
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa (MEA)
- A detailed overview of parent market
- Changing rollerball vials market dynamics in the industry
- In-depth rollerball vials market segmentation
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments in the rollerball vials market
- Competitive landscape
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on rollerball vials market performance
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.