Press release
Concealer Pencil Packaging Market - Key Trends, Industry Insights & Future Developments
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Global Concealer Pencil Packaging - Market Dynamics:
Issues such as atmospheric pollution and global warming have generated awareness among urban population across the world in giving keen attention to health, hygiene and personal care. Resultantly, consumers are preferring do-it-yourself (DIY) cosmetic products over cosmetic facilities such as beauty salons.
Demand for concealer pencil packaging market is substantially high owing to increase in per capita disposable income in the emerging economies, and this trend is expected to continue over the forecast period, 2017-2025. In addition, changes in the lifestyle of working women has triggered a growth potential for the global concealer pencil packaging market. Moreover, consumers are also preferring concealer pencils due to a lesser usage of material and to avoid unnecessary expenses. Concealer pencil packaging market faces challenges related to the preference of natural material by the consumers over synthetic cosmetic products.
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The concealer pencil packaging market in North America region is expected to dominate the global concealer pencil packaging market. Latin America region is expected to witness above average growth for concealer pencil packaging market over the forecast period. In Western Europe, countries like Germany, France, and the UK are expected to have a significant growth of concealer packaging market, owing to large section of upper middle class population. In addition, countries of Eastern Europe such as Russia and Poland are also expected to have an augmentation in the growth potential for concealer pencil packaging. The concealer pencil packaging market in India and China is estimated to show highest market growth in 2016. Moreover, the growth for concealer pencil packaging market in other parts of Asia Pacific is expected to be driven by increasing disposable income and spending power among consumers in this region. Japan is expected to continue with a stagnant growth rate for concealer pencil packaging market over the forecast period. The Middle East and Africa (MEA) region is expected to have a substantial increase in the concealer pencil packaging market considering the GCC countries and South Africa.
Global Concealer Pencil Packaging Market– Key players:
Some of the key players in the concealer pencil packaging market are Amcor Limited, E.I. du Pont de Nemours & Co, LIBO Cosmetics Company Ltd., Collcap Packaging Limited, Albea Group, Quadpack Group, Silgan Holding Inc., Rexam Plc, Cosmopak, AptarGroup, etc.
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