Stratview Research published a new report on the Cosmetic Jars Packaging market that offers detailed segmentation of the market By Material (Plastic, Metal, Wood, Glass), Application (Skin Care, Hair Care, Makeup, Nail Care), and Region.
According to the report, the growth of the cosmetic jars packaging market is primarily driven by increasing demand for personal care and cosmetic products across geographies. Rising consciousness among consumers related to personal appearance is expected to drive the growth of the personal care and cosmetics industry and thus, cosmetic jar packaging at a significant rate during the review period. Additionally, a growing emphasis on sustainable packaging solutions is likely to create lucrative opportunities for the market players during the review period.
The present report can be of high utility for the key decision-makers and growth strategists in terms of precise market insights, forthcoming growth opportunities, and key success factors. Especially, the report also analyses and mentions the possible impact of COVID-19 on the market dynamics. This will not only help in mitigating the uncertain business environment, but also help in rearranging the strategies and future- decisions in a fruitful manner.
Leading players in the market -
To build a successful business, it is vital to understanding the market - both the customers and the competitors. The report published consists of a list of key players active in the Cosmetic Jars Packaging market, is given below -
· RPC Group plc (UK)
· Gerresheimer AG (Germany)
· Albéa Group S.A.S (France)
· Cosmetics Co., Ltd (Taiwan)
· Quadpack (Spain)
· HCP Packaging (US)
· P.W. Masterchem S.J. (Poland)
· Raepak Ltd (UK)
· Akey Group LLC. (US)
· Bonex (Slovenia)
Report Findings
By application, the cosmetic jars packaging market has been bifurcated into skincare, hair care, makeup, and nail care. Under these, the skincare segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment growth can be attributed to increasing demand for skincare products coupled with the growing aging populace.
By region, the market in North America accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth is primarily attributed to expanding aging populace coupled with the presence of key market players such as HCP Packaging (US) and Akey Group LLC. (US). The market growth in the Asia-Pacific region is expected to be driven by increasing spending on cosmetics and personal care products coupled with rising per capita disposable income in developing countries, particularly China and India.
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