Data Bridge Market Research recently introduced Global Cosmetic Packaging Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2025. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are AVON Products Inc., L’oréal Group, Oriflame Cosmetics S.A., Revlon Inc., Alticor Inc., Estée Lauder Companies Inc., Mary Kay Inc., Shiseido Co. Ltd., LIBO Cosmetics Company Ltd., Quadpack Group, Silgan Holding Inc., A Packaging Systems Llc., etc.
The global cosmetic packaging market is expected to reach USD 31,129.72 million by 2025, from USD 42,701.58 million in 2017 growing at a CAGR of 4.2% during the forecast period of 2018 to 2025.
Request Sample of Global Cosmetic packaging Market 2018-2025 @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-cosmetic-packaging-market
Cosmetic packaging refers to the primary packaging of cosmetic packaging product such as cans, tubes, pouches, bags, jars and other. Merchants have been seen to advance toward receiving recyclable and ecofriendly bundling items because of developing ecological worries among the customers. Urbanization and developing mindfulness about individual prepping have prompted the extension of the buyer base for corrective items. The interest for creative plans and hues in bundling items, and spotlight on bundling for mark separation are the essential elements driving the development of the market. Plastic has developed as the material of decision for corrective bundling on account of its flexible nature. According to International Trade Administration, In 2015, USD 3.4 billion was the total cosmetic and personal care product market of Australia was estimated that it will grow by 4% per annum in 2017-2018. Some of the major companies that manufacture oleochemical using fatty alchols are Godrej Industries, Evonik Industries, P&G Chemicals, among other. As per the NPD Group, in 2017, the U.S. beauty industry was reached USD 14.7 billion, it is 6% more than 2016. The skincare sales grew by 9% and contributed 45% of the industry total gain. 6% growth increase in sales is followed by makeup and 4% by fragrance.
- Growing role of cosmetics packaging in marketing of cosmetic products.
- Increasing demand for smaller packaging size in emerging markets.
- High demand for premium designs, labelling & finishing in cosmetics packaging.
- Fluctuating raw material prices
- Availability of new packaging material developer
The global cosmetic packaging market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Cosmetic packaging market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In 2018, L’ORÉAL finalizes the acquisition of Korean lifestyle company Nanda Co. Ltd. which will help the company to grow in the Korean market.
The key players operating in the global cosmetic packaging market are – AVON Products Inc., L’oréal Group, Oriflame Cosmetics S.A., Revlon Inc., Alticor Inc., the Estée Lauder Companies Inc., Mary Kay Inc., Shiseido Co. Ltd., LIBO Cosmetics Company Ltd., Quadpack Group, Silgan Holding Inc., A Packaging Systems Llc., Bosch Packaging Technology, I.M.A. Industria Macchine Automatiche S.P.A., Marchesini Group S.P.A., Wenzou Rigao Packing Machine Co. Ltd., Amcor Ltd., HCP Packaging (Shanghai) Co. Ltd., LIBO Cosmetics Company Ltd., Quadpack Group among others.
Enquire for customization in Report @ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-cosmetic-packaging-market
Market Segmentation: Global Cosmetic Packaging Market
- Jars & Containers
- Roller Balls
- Pen Types
- Caps & Closures
- Pumps & Dispensers
- Hair Care
- Nail Care
- Skin Care
- Other Application
- North America
- South America
- Middle East & Africa
Key questions answered in this report-:
- What is the key market patterns affecting the development of the Global Cosmetic packaging Market ?
- What are the difficulties hampering the market development?
- Who are the key sellers in the market?
- What are the market openings and dangers looked by the merchants in this market?
- What are the key variables driving the worldwide Global Cosmetic packaging Market ?
- What will the market size and the development rate be in 2025?
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475