DUBLIN--(BUSINESS WIRE)--The "Global Cosmetic Packaging Market - Segmented by Material (Plastic, Glass, Paper), Packaging Type, Application, and Geography - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global cosmetic packaging market was valued at USD 24.86 billion in 2017 and is projected to reach a value of USD 31.75 billion by 2023, at a CAGR of 4.16% over the forecast period, 2018-2023.
3D printing has significantly changed the consumer's sensorial experience. It is expected that the technology will have a significant effect on packaging over the coming years. Major brands are designing innovative products, and require high packaging standards to allow the product to stand out, supported by marketing activities. It is expected that in the future, the brands harnessing technologies, such as virtual reality, can create a blended reality into their packaging solutions.
Globally, some of the plastic packaging products that are widely used by manufacturers of cosmetics are bottles, jars, squeezable tubes, and containers. In terms of volume, the hair care, deodorants, and personal care segments are the largest contributors to this market. The demand for tamper-evident closures, sprays, and pumps is expected to lead to demand for materials with high-barrier properties that can provide greater protection, such as plastics, which will drive the growth of this market.
Rapid urbanization, increase in disposable incomes, and growing awareness about health and hygiene are some of the major factors driving the growth of the market. Countries, such as China, India, and Vietnam, are likely to witness rapid growth during the forecast period.
- Amcor Limited
- Brimar Packaging Inc.
- Collap Packaging Limited
- The Packaging Company
- Libo Cosmetics
- HCP Packaging
- Aptar Group
- Cosmopak Ltd
- Worldwide Packaing LLC.
- Quadpack Group
- Rieke Packaging Systems Ltd
- Albea SA
Key Topics Covered:
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Global Cosmetic Packaging Market Segmentation
6. Competitive Intelligence - Company Profiles
7. Investment Analysis
8. Future of the Cosmetic Packaging Market
For more information about this report visit https://www.researchandmarkets.com/research/v8z7n7/global_cosmetic?w=4