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Cosmetic Packaging Market Expected to Cross USD 35.6 Billion at CAGR of 5.2% by 2022

04-12-2018 12:45 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Cosmetic Packaging Market Expected to Cross USD 35.6 Billion

Global Cosmetic Packaging Market Information by Materials (Plastic, Paper, Glass , Metal and others), by Product (Bottles & Jars, Tubes, Containers, Pouches, Sticks, Roller balls, Dispensers and others) by Application (Hair Care, Skin Care, Nail Care, Make-up and others) and region - Forecast to 2022

Market Synopsis of Cosmetic Packaging Market

The key drivers of cosmetic packaging are growth on innovative and alluring packaging. Major cosmetics and personal care brands have started considering effective packaging as an important attribute of product marketing. Therefore, the strategy enhanced brand visibility, increased sales, reduced brand recall rates.

Materials such as glass, plastic, paper, metal, and wood are used for packaging cosmetics. Plastic leads the market in terms of both value and volume. The changing lifestyles and rising consumer preference the demand for eco-friendly products are increasing. UK, US and Germany contributes largely to the global cosmetic packaging market, majorly due to increase in demand for luxury goods. In terms of demand APAC is currently dominating the market. The rising awareness about anti- aging products with the flourishing e-commerce sector in the APAC region is expected to increase the demand of this market. The global cosmetic packaging market size is expected to cross USD 35.6 billion at CAGR of 5.2% by 2022.

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Key Players

The key players of global cosmetic packaging market report include

• ABC Packaging Ltd
• Aptar Group Inc.
• Amcor Limited
• Albea S.A
• Fusion Packaging
• Gerresheimer AG
• HCP Packaging.
• Libo Cosmetics Company Ltd.
• Quadpack Industries
• RPC Group Plc.

Market Research Analysis:

The market is highly application based. The key drivers of cosmetic packaging are growth on innovative and alluring packaging. Major cosmetics and personal care brands have started considering effective packaging as an important attribute of product marketing. Therefore, the strategy enhanced brand visibility, increased sales, reduced brand recall rates.

On the basis of materials such as glass, plastic, paper, metal, and wood are used for packaging cosmetics. Plastic leads the market in terms of both value and volume. The changing lifestyles and rising consumer preference the demand for eco-friendly products are increasing. The share owes to the properties of plastic such as light-weight, and durability. On the basis of applications, hair care and skin care accounts for the largest share in the market. The share is attributed to the changing lifestyles and preferences. The industry demands durable and light weight packaging.
On the basis of region, UK, US and Germany contributes largely to the global cosmetic packaging market, majorly due to increase in demand for luxury goods. In terms of demand APAC is currently dominating the market. The rising awareness about anti- aging products with the flourishing e-commerce sector in the APAC region is expected to increase the demand of this market. The region has also seen a lot of investment in R&D towards the technological advancement in cosmetic packaging industries.

Scope of the report

Aseptic packaging plays an important role in sealing sterilized products under unsterilized atmosphere. There are two types of aseptic packaging; packaging of pre-sterilized and sterile products, and packaging of non-sterile products. Aseptic packaging products can range from bags and pouches to metal cans. The purpose of aseptic packaging is to produce food items that can be stored without refrigeration for a longer time and also maintains chemical and sensory properties. Aseptic packages offer environmental and economical advantages that use preservatives and refrigeration to achieve a long shelf life for food products.

The increasing demand for transportation for longer distance is creating a need for extending the shelf life of the product. Moreover, growth in the milk and dairy products markets worldwide is creating ample of opportunities for the growth of the market.

Recent trend shows that sustainable packaging and sustainable manufacturing practices are being adopted across the industry. Additionally, shifting consumer preferences fueling the growth of the aseptic packaging market. The growth of tea, healthy juice, and dairy-based drinks requires alternative technologies to conventional hot fill and retort-based approaches that limit flavour quality. Additionally, aseptic packaging is influenced by shifts in preferred package formats and food processing advances that enable flash pasteurization and continued the rise of single-serve bottle-based packaging. Whereas, high R&D costs and initial investment are challenging the aseptic packaging market.

In the process of aseptic packaging, the food product is sterilized using ultra-heat treatment, where the food or drink is heated to a high temperature and then cooled quickly. This process allows retaining natural texture, colour, and flavour. This is provided with an opportunity in aseptic food packaging market, especially in the dairy and processed foods categories. Popular retail brands are turning to aseptic packaging due to various advantages such as protection of nutritional content, storage efficiency, and food safety. In developed countries, aseptic packaging provides benefits such as protection of sensitive ingredients and greater efficiency in different stages of the supply chain.

This study provides an overview of the global cosmetic packaging industry, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global cosmetic packaging market as material, product and application. On the basis of material it is segmented as metals, plastics, paper, glass and others. On the basis of product it is segmented as bottles, tubes, jars, containers, sticks, roller balls and others. On the basis of application it is segmented as hair care, skin care, nail care, makeup care and others.

Target Audience

• Manufactures
• Raw Materials Suppliers
• Aftermarket suppliers
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager

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The report for Global Aseptic Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economic and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Brief Toc:

1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Global Market, By Packaging Type
5. Global Market, By Technology
6. Global Market, By Application
7. Global Market, By End-user
8. Regional Market Analysis
9. Competitive Analysis
10. Conclusion
11. List Of Tables
12. List Of Figures

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About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for , regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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