Cosmetic Packaging Market Trends, Value of USD 35.6 billion, High CAGR, Future Scope, Research Report and Industry Forecast by 2023 | Global Cosmetic Packaging Industry Information By Materials (Plastic, Paper, Glass, Metal), Product (Bottles & Jars, Tubes, Containers, Pouches, Sticks, Roller balls, Dispensers), Application (Hair Care, Skin Care, Nail Care), & Region- Forecast 2023
The market is majorly influenced by the presence of plastic. It is the most preferred material which is used as packaging by the manufacturers and consumers. The use of plastic ensures the durability of the packaging along with retention of the important minerals and chemical properties of the product. The rising awareness about anti- aging products with the flourishing e-commerce sector in the APAC region is expected to increase the demand of this market.
The key players of global Cosmetic Packaging Market Trends, report include
ABC Packaging Ltd
Aptar Group Inc.
Libo Cosmetics Company, Ltd.
RPC Group Plc.
Market Research Analysis
The market is highly application based. The key drivers of Cosmetic Packaging Market Trends are growth on innovative and alluring packaging. Major cosmetics and personal care brands have started considering effective packaging as an important attribute of product marketing. Therefore, the strategy enhanced brand visibility, increased sales, reduced brand recall rates.
On the basis of region, UK, US and Germany contributes largely to the global Cosmetic Packaging Market Trends,, majorly due to increase in demand for luxury goods. In terms of demand APAC is currently dominating the market. The rising awareness about anti- aging products with the flourishing e-commerce sector in the APAC region is expected to increase the demand of this market. The region has also seen a lot of investment in R&D towards the technological advancement in cosmetic packaging industries.
Scope of the report
This study provides an overview of the global trends in cosmetic packaging industry, tracking three 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, and Rest of the World. 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 Cosmetic Packaging Market Trends, as material, product and application. On the basis of material it is segmented as metals, plastics, paper, glass and others. On the basis of product it is segmented as bottles, tubes, jars, containers, sticks, roller balls and others. On the basis of application it is segmented as hair care, skin care, nail care, makeup care and others.
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