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Monday, January 17, 2022

Global Cosmetic Packaging Market to be Driven by the Robust Growth of the Cosmetics Industry in the Forecast Period of 2022-2027

The new report by Expert Market Research titled, ‘Global Cosmetic Packaging Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global cosmetic packaging market, assessing the market based on its segments like types, materials, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/cosmetic-packaging-market/requestsample

The key highlights of the report include:

Market Overview (2016-2027)

  • Historical Market Size (2021): USD 32.97 Billion
  • Forecast CAGR (2022-2027): 4.2%
  • Forecast Market Size (2027): USD 42.21 Billion

The market is being aided by the growing demand for cost-effective and durable cosmetic packaging. The rising demand for natural and organic cosmetics is surging the demand for transparent and clean-label packaging, which is augmenting the market for cosmetic packaging. The increasing demand for personalised cosmetic packaging is increasing the use of plastic and paper materials, which is driving the market growth. As the online retail sector is witnessing robust growth, the demand for cosmetic packaging for innovative cosmetic products is surging. In addition, the launch of various cosmetic products on e-commerce platforms like Amazon and Walmart is surging the demand for smart packaging, which is providing impetus to the growth of the market.

Industry Definition and Major Segments

Cosmetic packaging refers to the packaging of cosmetic products and fragrances to protect the product from external environmental conditions. It prevents the leakage and spillage of cosmetic products during logistics and transportation. Cosmetic packaging is also deployed to boost the aesthetic appeal of cosmetic products.

Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/cosmetic-packaging-market

The market, based on type, is divided into:

The major materials of cosmetic packaging:

  • Glass
  • Metal
  • Paper-based
  • Rigid Plastic
  • Flexible Packaging

Based on applications, the market is segmented into:

  • Skin Care
  • Hair Care
  • Colour Cosmetic
  • Sun Care
  • Oral Care
  • Fragrances and Perfumes
  • Others

The major regional markets of cosmetic packaging are:

  • North America
  • Asia Pacific
  • Latin America
  • Europe
  • Middle East and Africa

Market Trends

The growth of the cosmetic packaging industry is being propelled by the growing demand for sustainable cosmetics, which is boosting the demand for eco-friendly materials. The enhanced focus on sustainability is surging the demand for reusable and refillable cosmetics, which is invigorating the market growth. The market growth can also be attributed to the introduction of various stringent regulations by the governments of European and North American countries is increasing the use of biodegradable materials, which is driving the market growth. In addition, the growing demand for aesthetic cosmetic packaging with interactive labels to boost consumer engagement is expected to significantly contribute to the industry growth.

Latest News on Global Cosmetic Packaging Market@ https://www.expertmarketresearch.com/pressrelease/global-cosmetic-packaging-market

Key Market Players

The major players in the market are Amcor Plc, Berry Global Inc., DS Smith Plc, Huhtamaki Oyj, Silgan Holdings Inc., and Albéa group, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Media Contact

Company Name: EMR Inc.
Contact Person: Sofia Williams, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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