Industrial Bulk Packaging Market| COVID-19 Impact, Competitive Dynamics, Size, Target Audience and Global Outlook 2025
Industrial Bulk Packaging Market Synopsis
Industrial Bulk Packaging for cosmetics is specially designed tertiary packaging, which allows the transportation of the cosmetics and personal care products to the end-users. Such packaging enables the cosmetic products to reach various destinations without getting damaged due to drops and external force along with climatic conditions such as dust and rain. Industrial Bulk Packaging products, which are essentially used by the cosmetics market are drums, material handling containers, bulk boxes, and others.
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Segmentation
The global Industrial Bulk Packaging Market for cosmetics industry has been segmented on the basis of plastics, metal, paper & paperboard, and others. The plastic is expected to account for the largest market share over the forecast period. The growth of plastic can be attributed to various factors such as average gains associated with the material over steel drums in terms of cost, weight and corrosion resistance.
Regional Analysis
The global market is segmented on the basis of geography: Asia Pacific, North America, Europe, and the Middle East & Africa. Asia Pacific is expected to lead the Global Industrial Bulk Packaging Market for Cosmetics Industry, followed by Europe and North America region.
In Asia Pacific region, China is expected to dominate the growth of the market. China is the world's largest market for beauty products, with the flourishing demand for premium cosmetics. As employees in China are increasingly getting better educated and better paid, there is more expenditure on consumption. They are able to pay attention to health, maintaining personal hygiene and grooming their appearance, thereby driving the need for the Industrial Bulk Packaging market.
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Scope of the Report
This study provides an overview of the global Industrial Bulk Packaging market for cosmetics industry, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Industrial Bulk Packaging market for cosmetics industry by its material, product, application and region.
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