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Cosmetic Packaging Market 2020-2025: Amcor PLC, Berry Global Inc, Sonoco, Huhtamaki Oyj, Albea SA, DS Smith PLC and Others.

03-09-2020 03:02 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

Cosmetic Packaging Market 2020-2025: Amcor PLC, Berry Global

According to Market Study Report, Cosmetic Packaging Market provides a comprehensive analysis of the Cosmetic Packaging Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, emerging opportunities of global industry. This report also provides market landscape and market share information in the Cosmetic Packaging Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Global Cosmetic Packaging Market size is projected to grow from USD 49.4 Billion in 2020 to USD 60.9 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 4.03%. This report spread across 188 Pages, Profiling 12 Companies and Supported with 144 Tables and 43 figures are now available in this research.

Top Companies profiled in the Cosmetic Packaging Market:
o Amcor PLC (Australia)
o Berry Global Inc. (US)
o Sonoco (US)
o Huhtamaki Oyj (Finland)
o Albea SA (France)
o DS Smith PLC (UK)

"In terms of both value and volume, folding cartons is projected to grow at the highest CAGR during the forecast period."
Folding cartons segment of the cosmetic packaging market is projected to grow at the highest CAGR during the forecast period, in terms of value as well as volume. The growth of this segment is attributed to its increasing demand by various cosmetic brands. Further, it acts as an innovative packaging solution for the cosmetic brands as these offer more flexibility for printing, which further provides an impactful visual impact, and boost the attractiveness of the product.

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"In terms of both value and volume, paper-based is projected to be the fastest-growing segment in the cosmetic packaging market from 2020 to 2025."
Growth of the paper-based segment in the cosmetic packaging industry is primarily attributed to various factors, such as the boost in demand for sustainable, or green packaging. Paper acts as a secondary packaging material and has a wide range of applications in the market. An increase in the demand for eco-friendly packaging is one of the important factors for the growth of this segment.

"The skin care segment is projected to lead the cosmetic packaging market from 2020 to 2025."
The skin care segment is projected to be the largest segment in the cosmetic packaging market. Skin care refers to the range of products which supports skin integrity, relieve skin conditions, and enhance its appearance Increase in awareness about natural cosmetics/products (which have no harmful effects on the skin and are beneficial for the skin), is expected to drive the growth in the market demand for skin care segment during the projected years.

Breakdown of primary participants' profile:
o By Company Type: Tier 1: 35%, Tier 2: 40%, and Tier 3: 25%
o By Designation: Managers: 54.9%, CXOs: 15.5%, and Executives:29.7%
o By Region: North America: 18%, Europe: 14%, Asia Pacific: 42%, Middle East & Africa: 22%, and South America: 4%

Competitive Landscape of Cosmetic Packaging Market Market:
1 Overview
2 Microquadrant for Cosmetic Packaging Manufacturer
2.1 Visionary Leaders
2.2 Innovators
2.3 Dynamic Differentiators
2.4 Emerging Companies
3 Cosmetic Packaging Market (Global)
3.1 Strength of Product Portfolio
3.2 Business Strategy Excellence
4 Competitive Scenario
4.1 Acquisition
4.2 Expansion
4.3 New Product Development

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Reason to access this report:
The report is projected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall cosmetic packaging market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies.

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