Transparency Market
Research Reports incorporated a definite business overview and investigation
inclines on "Cosmetic Packaging
Market ". This report likewise incorporates more illumination
about fundamental review of the business including definitions, requisitions
and worldwide business sector industry structure.
Packaging is one of the main selling factors of
cosmetics, and companies look to innovate and improvise their packaging in
order to improve aesthetics of the product to boost sales. Cosmetics market has
traditionally been driven by fashion trends and market innovations rendering it
susceptible to the rapid rate of change in customer preferences. This poses a
challenge for the cosmetics packaging companies as the demand for new product
is high, while resources remain constant. Plastic is the most used packaging
material for cosmetics, accounting for more than 50% of the total demand for
cosmetic packaging. Glass, metal, and paper are the other packaging materials
that are used in the application.
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Cosmetic packaging market
can be segmented into bottles, jars, tubes, pumps and dispensers, pen types,
sticks, roller balls, caps and closures, pallets, and droppers among others by
types of cosmetic packaging. The market can also be classified into hair care,
skin care, make-up, and nail care among others by applications. The cosmetic
packaging industry is extremely versatile, as a range of materials and
packaging techniques are employed for different applications across the world.
The cosmetic industry has witnessed high demand growth from the BRIC countries, as improving economic condition and generous cosmetics promotions, have driven the consumers towards a higher per capita cosmetic consumption. The cosmetics industry also benefitted immensely from the advent of e-commerce platform, which has registered high growth in sales in the recent years. The growing beauty conscious population coupled with the innovation by the cosmetic manufacturing companies has resulted in growth for the cosmetic packaging companies. Women over the age of 30 and skin whitening products are expected to drive the growth in this market. Owing to the increased awareness of the and Organic cosmetics brands have registered high growth in Europe, and North America and are expected to be the fastest growing sector in the region. The demand for organic cosmetics is certainly going to affect the demand for cosmetic packaging in these regions. Several organic and natural cosmetic brands have spread their footprint in Asia Pacific, and the market in this region is expected to follow suit. Moreover male grooming products and cosmetics have witnessed steep growth in the past few years, and are expected to drive the cosmetics packaging market in the foreseeable future.
The primary restraint in the cosmetic packaging market is the lack of sales of cosmetics during economic downturn in economies. Hair care and skin care products perform well even in bad economic conditions; however premium products and less essential products lose market attractiveness. Volatile raw material prices and increasing energy cost are also some of the concerns of cosmetics packaging companies.
North America and Europe market account for the majority of the global cosmetics packaging market. The highest growing regions in these regions are the U.S and the U.K. However Asia Pacific region along with Russia and Brazil are expected to grow at the swiftest pace over the next few years. Asia Pacific market is estimated to overtake the market leader position from North America very soon.
Some of the major companies participating in the cosmetics packaging market include Amcor Ltd. (Australia), Albea (France), HCP Packaging (China), Brimar Packaging Inc,(US), The Packaging Company (US), Collcap Packaging (UK) and Libo Cosmetics (Taiwan) among many others.
The cosmetic industry has witnessed high demand growth from the BRIC countries, as improving economic condition and generous cosmetics promotions, have driven the consumers towards a higher per capita cosmetic consumption. The cosmetics industry also benefitted immensely from the advent of e-commerce platform, which has registered high growth in sales in the recent years. The growing beauty conscious population coupled with the innovation by the cosmetic manufacturing companies has resulted in growth for the cosmetic packaging companies. Women over the age of 30 and skin whitening products are expected to drive the growth in this market. Owing to the increased awareness of the and Organic cosmetics brands have registered high growth in Europe, and North America and are expected to be the fastest growing sector in the region. The demand for organic cosmetics is certainly going to affect the demand for cosmetic packaging in these regions. Several organic and natural cosmetic brands have spread their footprint in Asia Pacific, and the market in this region is expected to follow suit. Moreover male grooming products and cosmetics have witnessed steep growth in the past few years, and are expected to drive the cosmetics packaging market in the foreseeable future.
The primary restraint in the cosmetic packaging market is the lack of sales of cosmetics during economic downturn in economies. Hair care and skin care products perform well even in bad economic conditions; however premium products and less essential products lose market attractiveness. Volatile raw material prices and increasing energy cost are also some of the concerns of cosmetics packaging companies.
North America and Europe market account for the majority of the global cosmetics packaging market. The highest growing regions in these regions are the U.S and the U.K. However Asia Pacific region along with Russia and Brazil are expected to grow at the swiftest pace over the next few years. Asia Pacific market is estimated to overtake the market leader position from North America very soon.
Some of the major companies participating in the cosmetics packaging market include Amcor Ltd. (Australia), Albea (France), HCP Packaging (China), Brimar Packaging Inc,(US), The Packaging Company (US), Collcap Packaging (UK) and Libo Cosmetics (Taiwan) among many others.
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This research report analyzes this market depending
on its market segments, major geographies, and current market trends.
Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming
years
This report is a
complete study of current trends in the market, industry growth drivers, and
restraints. It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This
report provides pin-point analysis for changing competitive dynamics
- It
provides a forward looking perspective on different factors driving or
restraining market growth
- It
provides a technological growth map over time to understand the industry
growth rate
- It
provides a seven-year forecast assessed on the basis of how the market is
predicted to grow
- It
helps in understanding the key product segments and their future
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