Market Synopsis of Cosmetic Packaging Market
The key drivers of cosmetic packaging 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.
Materials such as glass, plastic, paper, metal, and wood are used for packaging cosmetics. Plastic leads the market in terms of both value and volume. The changing lifestyles and rising consumer preference the demand for eco-friendly products are increasing. UK, US and Germany contributes largely to the global cosmetic packaging market, majorly due to increase in demand for luxury goods. In terms of demand APAC is currently dominating the market. Therising 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 global Cosmetic Packaging Market size is expected to cross USD 35.6 billion at CAGR of 5.2% by 2022.
The key players of global cosmetic packaging market report include ABC Packaging Ltd, Aptar Group Inc., Amcor Limited, Albea S.A, Fusion Packaging, Gerresheimer AG, HCP Packaging, Libo Cosmetics Company, Ltd., Quadpack Industries and RPC Group Plc.
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Global Cosmetic Packaging Market-By Material
The different cosmetic packaging materials available in the market are plastic, glass, metal, and paper. A wide variety of cosmetic packaging is made from plastic, due to its convenient and hygienic qualities. Plastic is mainly popular due to its low cost, light weight, cost effective, and versatility. However, fluctuating raw material prices hindering the market growth. Nowadays, brand owners are looking to reduce and replace plastic with biopolymers to reduce carbon footprint. Moreover, companies are introducing products that counteract environmental issues by utilizing bio plastics and recycled materials. Companies are considering sustainable packaging, resource efficiency, and lifecycle assessments of their products. Paper and wood material segment might gain momentum due to increasing focus on environmental issues.
Regional Analysis of Global Cosmetic Packaging Market
UK, US and Germany contributes largely due to increasing 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 fastest growing share of APAC is attributed to the rapid urbanization and population growth. The region is seen with increased investment in research and development of personal care products to support the economic development and changing lifestyles.
Scope of Report
The report for Global Cosmetic Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
List of Tables
Table 1 Global Cosmetic Packaging Market: by Region, 2017-2023
Table 2 North America Cosmetic Packaging Market: by Country, 2017-2023
Table 3 Europe Cosmetic Packaging Market: by Country, 2017-2023
Table 4 Asia Pacific Cosmetic Packaging Market: by Country, 2017-2023
Table 5 Middle East & Africa Cosmetic Packaging Market: by Country, 2017-2023
Table 6 Global Cosmetic Packaging Market, by Type, by Regions, 2017-2023
Table 7 North America Cosmetic Packaging Market, by Type, by Country, 2017-2023
Table 8 Europe Cosmetic Packaging Market, by Type, by Country, 2017-2023
Table 9 Asia Pacific Cosmetic Packaging Market by Type, by Country, 2017-2023
Table 10 Middle East & Africa Cosmetic Packaging Market by Type, by Country, 2017-2023
Continued…….
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Figure 8 Global Cosmetic Packaging Market Share, by Wall Construction, 2016 (%)
Figure 9 Global Cosmetic Packaging Market, by Type, 2015-2023 (Usd Million)
Figure 10 Global Cosmetic Packaging Market Share, by Application, 2016 (%)
Continued…….
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