The global cosmetic packaging market is growing continually. The market growth attributes to the increasing focus on high-quality cosmetic products and the changing lifestyle of consumers. A packaging solution plays an important role in product profiling and increases demand, making it attractive and positively impacting market value. Besides, the increased focus of body care brands on offering innovative beauty and personal care products creates substantial demand for effective cosmetic packaging solutions.
They focus on lucrative locations for production and short-distance supply to reduce costs. Moreover, increasing consumer preference for high-quality cosmetics and personal care products escalates the market demand. According to Market Research Future (MRFR), the global cosmetic packaging market is estimated to create a valuation of USD 35.6 BN by 2023, registering a 5.2% CAGR during the anticipated period (2017 – 2023). Recent trends show that Consumers mostly prefer lightweight yet durable and easy to carry packaging solutions.
Also, there have been rapid investments over the past few years in cosmetics and personal care products, which increase the market size. Additionally, increasing research and development activities is the latest trend that packaging manufacturers are investing in hugely, which, in turn, fosters market growth. Advancements in packaging technologies and the rising demand for personal care products with innovative packaging designs boost the growth market.
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The global cosmetic packaging market has been segmented based on materials, products, and applications. On the basis of materials, the market for cosmetic packaging is segmented based on plastic, glass, metal, and paper. Additionally, the market on the basis of products, is segmented into bottles & jars, containers, dispensers, pouches, rollerballs, sticks, tubes, and others. The global market for cosmetic packaging is also covered based on applications segment which is further split into hair care, skin care, and others.
Major elements such as lack of skilled designers could obstruct the cosmetic packaging market growth. However, according to the cosmetic packaging market research report, the advancement of varied packaging styles along with innovations in packaging will propel growth throughout the forecast period. The cosmetic packaging market is set to register growth at a high CAGR owing to these key factors. The exploration of materials, products, and applications segments along with regional markets has been given in the global cosmetic packaging market research report. The research analysts studying the cosmetic packaging market have put out market forecasts in the cosmetic packaging market research report in order to support cosmetic packaging market-based companies. The cosmetic packaging market research report provides an extensive understanding of the cosmetic packaging market based on the information and forecasts till 2023.
North America, Europe, Asia Pacific and the rest of the world regional market for cosmetic packaging are predominantly covered in the global cosmetic packaging market research report. Country-level cosmetic packaging markets spread across North America – the United States, Canada, and Mexico are also covered in the report. In South America – Brazil and other country-level cosmetic packaging markets are covered in the report. In Asia-Pacific (APAC) region, the country-level cosmetic packaging markets covered are Japan, India, China, and others. The cosmetic packaging market research report also explores the regional market for cosmetic packaging present in Europe in the United Kingdom, France, Italy, Spain, and Germany, etc. The cosmetic packaging market research report also covers regional markets from the rest of the world alongside cosmetic packaging markets of Africa and the Middle East.
Improvements in disposable income and changing standards of living are presumed to drive the cosmetic packaging market growth worldwide. The global cosmetic packaging market could be challenged by intense competition, nevertheless, organizations in the cosmetic packaging market will carry the growth rate forward. The cosmetic packaging market research report presents company profiles of major companies active in the cosmetic packaging market globally. Furthermore, the global cosmetic packaging market report offers an all-inclusive analysis of the market collected from the cosmetic packaging market’s primary and secondary sources covering both decision makers and thought leaders. The cosmetic packaging market research report highlights such key areas assisting businesses operating in the cosmetic packaging market to build better growth strategies.
Players leading the global cosmetic packaging market include Rexam Plc. (U.K), Amcor Ltd (Australia), Silgan Holding Inc. (U.S.), Quadpack Group (Spain), World Wide Packaging Llc (U.S.), Albea Group (FranceCosmopak U.S.A. Llc. (U.S.), Aptargroup Inc. (U.S.), HCP Packaging. (U.S.), Gerresheimer (Germany), LIBO Cosmetics Company Ltd. (Taiwan), Bemis Company, Inc. (U.S.), and ABC Packaging (India), among others.
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The Hut Group (THG) has launched for its consumers a recycling regime for cosmetic packaging. The global network in Manchester has launched its recycling initiative known as recycle: me by THG (eco). This allows consumers to return all beauty items to the company for recycling, irrespective of their brand. Consumers on THG beauty pages in the United Kingdom will have to wash out and return their beauty items free of charge. They can also return items of any brand, although they were not bought from THG.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.2 RESEARCH OBJECTIVE
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER’S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.1.5 BARGAINING POWER OF BUYERS
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
5 GLOBAL COSMETIC PACKAGING MARKET, BY MATERIAL
5.2.1 MARKET ESTIMATES & FORECAST, 2020-2027
5.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027
5.3.1 MARKET ESTIMATES & FORECAST, 2020-2027
5.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027
5.4.1 MARKET ESTIMATES & FORECAST, 2020-2027
5.4.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027
5.5.1 MARKET ESTIMATES & FORECAST, 2020-2027
5.5.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027
6 GLOBAL COSMETIC PACKAGING MARKET, BY APPLICATION
6.2 SKIN CARE
6.2.1 MARKET ESTIMATES & FORECAST, 2020-2027
6.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027
6.3 HAIR CARE
6.3.1 MARKET ESTIMATES & FORECAST, 2020-2027
6.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027
6.4 NAIL CARE
6.4.1 MARKET ESTIMATES & FORECAST, 2020-2027
6.4.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027
6.5.1 MARKET ESTIMATES & FORECAST, 2020-2027
6.5.2 MARKET ESTIMATES & FORECAST BY REGION, 2020-2027……..
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