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Cosmetic Packaging Market (Material - Glass, Paper, Plastic, and Other Materials; Application - Skin Care, Hair Care, Makeup, and Nail Care; Container - Jars, Tubes, Bottles, Pumps & Dispensers, and Other Containers): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

  • Published : May, 2019

  • Rep Id : CGP0005

  • Category : Consumer Goods and Packaging

  • Status : Published

This report provides exclusive insights into the COVID-19 impact on the Cosmetic Packaging Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Cosmetic Packaging Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Cosmetic Packaging Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.

A recent report published by Infinium Global Research on cosmetic packaging market provides in-depth analysis of segments and sub-segments in the global as well as regional cosmetic packaging market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional cosmetic packaging market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global cosmetic packaging market. According to the report, the global cosmetic packaging market is projected to grow at a CAGR of 4.12% over the forecast period of 2019-2025.

 

Market Insight

Cosmetic packaging contains two types of packaging such as primary and secondary packaging. Primary packaging covers cosmetic products and it is directly connected with products whereas, secondary packaging provides the external covering to the cosmetic containers. The main purpose of cosmetic packaging includes the enrichment of the looks of the products connected with the expansion of the shelf life of the products. Further, packaging also protects the products and easy to access for the vendors and the consumers.

 

Growing demand for cosmetics due to the rising geriatric population and increasing consciousness about personal care are major factors driving the growth for the cosmetic packaging market. On average the US women spend 2920 USD on cosmetic products annually. Further, increasing disposable income resulting in the rise of consumption of cosmetics, and the growth of health-conscious consumers are also supporting the growth of the market. Besides, the packaging is becoming an important marketing strategy for manufacturers. sustainable and eco-friendly packaging is being adopted by several manufacturers for reducing waste that is created by cosmetic packaging. Changing standards of living, increasing demand for product differentiation and packaging efficiency are some of the factors boosting the demand for the cosmetic packaging market. Moreover, innovation in packaging and development of different & new packaging styles are providing huge growth opportunities for this market during the upcoming years. But on the contrary, the high cost of production and fluctuating the prices of raw materials are likely to hamper the growth in the cosmetic packaging market.

 

Among the geographies, Asia-Pacific dominated the cosmetic packaging market while North America accounted for the second largest market in terms of revenues in this market. Factors such as increasing demand for luxury products, increasing preferences of consumers for eco-friendly products, and growing awareness regarding cosmetic packaging are driving the growth of the cosmetic packaging market in the Asia Pacific region. Further, in North America due to the growing adoption of new technologies in cosmetic packaging, increasing in disposable income, growth in aging populations and rising trends of skincare products are some of the important factors driving the growth of the market in the North America region.


Global Cosmetic Packaging Market

 

Segment Covered

The report on global cosmetic packaging market covers segments such as material, application, and container. On the basis of material, the sub-markets include glass, paper, plastic, and other materials. On the basis of application, the sub-markets include skin care, hair care, makeup, and nail care. On the basis of container, the sub-markets include jars, tubes, bottles, pumps & dispensers, and other containers.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Amcor Limited, Ball Corporation, Silgan Holdings Inc., Bemis Company, Inc., World Wide Packaging LLC, Libo Cosmetics Co., Ltd., Quadpack Industries, S.A., HCP Packaging, Albéa S.A., DS Smith, and Other companies.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of cosmetic packaging market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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