Dublin, July 02, 2021 (GLOBE NEWSWIRE) – The report “Cosmetic Packaging Market – Size, Share, Outlook and Opportunity Analysis, 2019-2027” has been added to ResearchAndMarkets.com offer.

A natural or artificial preparation used to improve the appearance of the body, especially the face, is considered cosmetic. Makeup is also an often interchangeable term used for cosmetics, but largely refers to facial care products. However, cosmetics also encompass hair care, nail care, and body care, apart from facials. Packaging materials such as plastic, paper, metal or glass which are used as the primary packaging material to package cosmetic products have been considered as cosmetic packaging in this report.

Factors such as changing lifestyles of people, services provided by the beauty and wellness industry, increasing middle class population in developing Asia-Pacific countries are expected to drive the market growth during the forecast period. In addition to this, the declining unemployment rate coupled with per capita disposable income in developing Asia-Pacific countries are the macroeconomic factors that are expected to fuel demand for beauty and wellness services. Moreover, the use of cosmetics in commercial spaces is comparatively higher than in households, and this trend is expected to continue throughout the forecast period.

Leading players operating in the full purchase supplier industry offer innovative and sustainable packaging solutions to grab the attention of customers and also reduce the carbon footprint of packaging material on the environment. For example, in April 2020, Shiseido (Japan) launched the Baum brand, with a total of 27 products and entirely based on natural and clean formulations. The packaging material is made from bio-based PET, recycled glass and recycled oak pieces.

The major players operating in the cosmetic packaging market are focusing on various strategies such as capacity expansion to meet the growing demand for cosmetic products and to strengthen their presence in the market. For example, in October 2018, Kolmar completed the construction of its second overseas factory in China, which is located on an area of ​​63,117 square meters with a total area of ​​74,600 square meters. It is the biggest cosmetics manufacturing factory in China.

The packaging plays a key role in the branding of cosmetic products by increasing the aesthetic appeal of the product which attracts new customers, retains existing customers and adds to its brand differentiation. Thus, cosmetic companies mainly focus on attractive, portable and efficient packaging that provides multifunctional properties to their customers, which is expected to fuel the growth of cosmetic packaging market.

Main characteristics of the study:

  • This report provides an in-depth analysis of the cosmetic packaging market and provides the market size (Million US $ & Tons) and compound annual growth rate (CAGR%) for the forecast period (2020-2027), considering 2019 as the base year.

  • It elucidates the potential income opportunities in different segments and explains the attractive investment proposal matrix for this market

  • This study also provides key insights into market drivers, restraints, opportunities, new product launches or approvals, regional outlook and competitive strategies adopted by major players.

  • It profiles the major players in the global cosmetic packaging market based on the following parameters: company overview, financial performance, product portfolio, geographic presence, distribution strategies, key developments and strategies and future plans.

  • The main companies covered in this study are Aptar Group, Inc., RPC Group Plc., Gerresheimer AG, Amcor Limited, Albea SA, Libo Cosmetics Company, Ltd, Quadpack Industries, HCP Packaging, Fusion Packaging and ABC Packaging Ltd.

  • The information in this report would enable marketers and business management authorities to make informed decisions regarding future product launches, technology upgrade, market expansion, and marketing tactics.

  • Global Cosmetic Packaging Market report is addressed to various stakeholders of this industry including investors, suppliers, stevia manufacturers, distributors, new entrants, and financial analysts.

  • Stakeholders are said to have ease of decision making through various strategy matrices used to analyze the global cosmetic packaging market

Main topics covered:

  • Research objectives and hypotheses

  • Research objectives

  • Hypotheses

  • Abbreviations

  • Market Snapshot

  • Description of the report

  • Definition and scope of the market

  • summary

  • Market extract, by type of material

  • Market extract, per Ty container

Companies mentioned

For more information on this report, visit https://www.researchandmarkets.com/r/4aj9yn

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900


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