Press release
Lipstick Packaging Market to Witness Robust Expansion by 2023
Lipstick Packaging refers to cosmetic containers or tubs for packaging of lipstick products. Materials used for Lipstick Packaging are mainly Aluminum and various kind of plastic materials. Other materials like bamboo, paper, Platinum and silver, thick wall glass are also but very less used.
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Global Lipstick Packaging Market: Forecast by Type / Application / Region
The political and economic climate of a country is reflected in women’s mouths, says the son of cosmetics entrepreneur Estée Lauder. A strong, unique, and sophisticated color cosmetic package is the key to attract consumer and cultivates brand value. Unlike other beauty and skincare products, consumers who shop for color cosmetics are more likely attracted to the packages speaking to them at the point of purchase rather than choosing a brand. This is an advantage and a challenge for brands to find their market share in the highly competitive environment.
Lipstick Packaging market consumption is highly impacted by the downstream consumers, lipstick manufactures play very import roles in lipstick packaging production. Upstream raw materials are affecting the price and gross profit of lipstick packaging products
Major Manufacturers in Lipstick Packaging market include Albéa, ILEOS, HCP, World Wide Packaging, LIBO Cosmetics, RPC Group, and many others. They composed of over half market share in 2016. Albéa is the biggest market player, with a series of acquisitions in recent years, it will keep the leader position in the forecast 2017-2022 period.
Over the next five years, LPI(LP Information) projects that Lipstick Packaging will register a 5.8% CAGR in terms of revenue, reach US$ 380 million by 2023, from US$ 270 million in 2017.
Global Lipstick Packaging Market: Key Players
Albéa
ILEOS
HCP
World Wide Packaging
LIBO Cosmetics
Baoyu Plastic
RPC GROUP
The Packaging Company (TPC)
COLLCAP PACKAGING LIMITED
GCC Packaging
IMS Packaging
Kindu Packing
SPC
Quadpack
Yuga
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Related Information:
United States Lipstick Packaging Market Research Report 2018
Europe Lipstick Packaging Market Research Report 2018
North America Lipstick Packaging Market Research Report 2018
Asia-Pacific Lipstick Packaging Market Research Report 2018
China Lipstick Packaging Market Research Report 2018
EMEA Lipstick Packaging Market Research Report 2018
Global Lipstick Packaging Market Research Report 2018
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