Cosmetic Packaging Market Overview:
The Cosmetic Packaging market competitive landscape breaks out information by a rival. Corporate overview, financials, revenue produced, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application domination are all contained in the details. The data points presented above are only relevant to the firms’ emphasis on the Cosmetic Packaging market.
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Market Scope:
This Cosmetic Packaging market report discusses new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansion For more information on the Cosmetic Packaging market, please contact Maximize Market Research for an Analyst Brief; our experts will assist you in making an informed market choice to achieve market growth.
Market Dynamics: Global demand for cosmetics has increased as a result of shifting demographics, consumer tastes, and purchasing patterns. This tendency is predicted to have an impact on the growth of the cosmetic packaging market. Additionally, rising consumer spending on general appearance and health may increase demand for cosmetics that enhance the shopping experience. These advances might promote the use of specialised and customised packaging, which might accelerate market expansion.
Segmentation:
by Material Type
Plastic
Metal
Glass
Paper
Others
According to Material Type, plastic will continue to be a common material in 2022. Plastic is a desirable material for cosmetic packaging due to its affordability, light weight, flexibility, durability, and other qualities. Shatterproof and “no-spill” bottles, jars, tubes, lids, and closures for personal care products are frequently made of plastic.
According to the Packaging Machinery Manufacturers Institute (PMMI), plastic packaging, including bottles, jars, compacts, and tubes, have a 61% market share in cosmetics and other personal care products. Bottles make up 30% of the market. The most popular and affordable cosmetic bottles are made of HDPE, which is also cost-effective, impact-resistant, and has good moisture barrier properties. While some lotions come in bottles, others are kept in sealed tubes.
by Container Type
Plastic Bottles and Containers
Glass Bottles and Containers
Metal Containers
Folding Cartons
Corrugated Boxes
Caps and Closures
Tubes and Sticks
Droppers
Because of the rising demand for bottles from manufacturers of personal care and hair care products, bottles accounted for the biggest market share among all types of cosmetic packaging in 2022. Customers’ needs can be accommodated by altering bottles, and special ideas and designs can be applied to them.
by Capacity
Type 1 (< 50 ml)
Type 2 (50-100 ml)
Type 3 (100-150 ml)
Type 4 (150-200 ml)
Type 5 (>200 ml)
The Type 1 ( 50 ml) category dominated the market in terms of capacity. Depending on demand and demography, packaging solution providers are creating value-size packs to boost consumer satisfaction. Type 1 (below 50ml) continues to be popular because consumers in price-sensitive countries like Indonesia and India prefer smaller single-use flexible packaging items. Cosmetic companies are manufacturing a wide range of goods, from sachets to huge bottles, in response to the growing demand for less expensive packaging in low-income countries.
by Application
Hair Care
Skin Care
Nail Care
Make-up
Deodorants
According to the Application, in 2022, the skincare category will hold the greatest market share. This dominant market position is attributed to the rise in demand for fresh and cutting-edge skincare categories such face creams, anti-aging creams, sunscreens, and others. There is potential for the skin care segment of the cosmetic packaging market to grow as a result of the rise in demand for personal grooming products and packaging products.
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Key Players: The following are the key players of the Cosmetic Packaging market-
1. Albea S.A.
2. Amcor PLC
3. DS Smith PLC
4. RPC Group Plc (Berry Global Group)
5. HCP Packaging
6. Silgan Holdings, Inc.
7. Graham Packaging
8. Libo Cosmetics Company
9. AptarGroup, Inc.
10.Cosmopak Ltd.
11.Quadpack Industries SA
12.Rieke Corporation
13.Gerresheimer AG
14.Raepak Ltd
15.Ball Corporation
16.Verescence France
17.SKS Bottles & Packaging, Inc.
18.Altium Packaging (Loews Corporation)
19.Other Key Players
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Regional Analysis:
The region portion of the research also includes individual market affecting elements and changes in legislation in the market that affect present and future market trends. Data points such as downstream and upstream value chain analysis, technological trends and porter’s five forces analysis, and case studies are only a few of the indicators utilized to anticipate the market scenario for different nations.
COVID-19 Impact Analysis on Cosmetic Packaging Market: The report also discusses how COVID-19 affected the Cosmetic Packaging market.
Key Questions Answered in the Cosmetic Packaging Market Report are:
- What will be the CAGR of the Cosmetic Packaging market during the forecast period (2022-2029)?
- Which segment emerged as the leading segment in the Cosmetic Packaging market?
- Which are the prominent players in the Cosmetic Packaging market?
- What key trends are likely to emerge in the Cosmetic Packaging market in the forecast period?
- What will be the Cosmetic Packaging market size by 2029?
- Which company held the largest share in the Cosmetic Packaging market in 2020?
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