The global cosmetic packaging market size was USD 53.45 Billion in 2022 and is expected to register a steady revenue CAGR of 4.03% during the forecast period, according to latest analysis by Emergen Research. Rapid expansion in the beauty and personal care sectors is a key factor driving market revenue growth. The need for creative and useful packaging solutions is increasing along with customer preferences and expectations for cosmetics, skincare, haircare, and other personal care.
In addition, rising use of sustainable packaging in cosmetics is another key factor driving revenue growth of the market. Eco-friendly, recyclable, and biodegradable packaging materials and designs are actively sought after by businesses. Moreover, the need to lessen the negative environmental effects of packaging waste, enhance brand reputation, and meet consumers' rising demands for sustainability are also expected to drive market revenue growth during the forecast period.
Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Key companies operating in the Cosmetic Packaging market include:
Amcor Limited, AptarGroup, Inc., Berry Global Group, Inc., Gerresheimer AG, HCP Packaging, RPC Group Plc,; Albéa Group, Quadpack Industries, Silgan Holdings Inc., and DS Smith Plc
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Cosmetic Packaging market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Cosmetic Packaging Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
For more informative information, please visit us @ https://www.emergenresearch.com/industry-report/cosmetic-packaging-market
Cosmetic Packaging Market Segmentation:
-
Type Outlook (Revenue, USD Billion; 2019-2032)
- Bottles
- Tubes
- Others
-
Application Outlook (Revenue, USD Billion; 2019-2032)
- Skin care
- Hair care
- Others
-
Regional Outlook (Revenue, USD Billion; 2019–2032)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of Middle East & Africa
- North America
Cosmetic Packaging Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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