Cosmetic Packaging Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020 to 2025

The Global Cosmetic Packaging Market Research Report Forecast 2020 – 2025 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The report also takes into account the impact of the novel COVID-19 pandemic on the Cosmetic Packaging market and offers a clear assessment of the projected market fluctuations during the forecast period. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehend Cosmetic Packaging data that enhances the understanding, scope, and application of this report.

The cosmetic packaging market was valued at USD 26.29 billion in 2019, and it is expected to reach USD 32.86 billion by 2025, registering a CAGR of 3.7% during the period of 2020-2025.

Glass is one of the oldest packaging materials, where eco-friendly/recyclable packaging is one of the top ongoing trends in glass packaging. Most glass packaging products are 100% recyclable and can be recycled endlessly without loss in quality and purity, and it has been reported that 80% of the glass that is recovered is made into new glass products.

 (Avail a Up-to 20% discount on this report)

Click the link to get free a Sample Copy of the Report: 

https://www.marketinsightsreports.com/reports/10192355625/cosmetic-packaging-market-growth-trends-and-forecasts-2020-2025/inquiry?Mode=28          

 Top Key Players in the Global Cosmetic Packaging Market are Silgan Holdings Inc., Albea, DS Smith PLC and others.

Recent Development:

- Oct 2019 - Albea announced the launch of a global business partnership with a prominent 3D technology innovation start-up, Erpro 3D Factory. This partnership may allow the company and Erpro 3D Factory to offer industrial series of fully-personalized cosmetic packaging solutions, in creative shapes. Erpro 3D Factory’s unique technology most recently used to design innovative 3D mascara brushes for a renowned cosmetic brand, allowing for industrial series in creative shapes that traditional injection molding does not allow, typically for color cosmetics packaging, fragrance caps, skincare jars, and more.

- Feb 2020 - Silgan Holdings announced that it has acquired Cobra Plastics Inc. The combination of Cobra’s overcap product line with the aerosol actuators and dispensing systems would allow Silgan to offer a broader range of integrated solutions, including functional overcaps, to meet the unique needs of the customers.

Key Market Trends:

Skincare to Account for Significant Share In The Market

- Skincare packaging uses a variety of glass and plastic cosmetic jars to suit various packaging needs. The need for packaging for skincare products has been on the rise.

- Various skin care brands worldwide have been facing increased competition, and the packaging suppliers have been offering brands ways to differentiate designs offering convenience, ease-of-use, and advanced capabilities. A wide range of options has been available for packaging skincare products, to accommodate different product formats and formulations. Nerd Skincare, for example, uses bottles, tubes, jars, and droppers in glass, plastic, and metal.

- Furthermore, technological encroachments, such as airless skincare packaging and 3-D printing technology, have been driving skincare packaging sales. Advanced and most trending printing technologies, such as hot-stamp foil printing and flexo-offset printing, have been enabling manufacturers to offer innovative and eye-catching skincare packaging for their cosmetic brands, which overall has been hosting the growth of the cosmetic packaging market.

- Moreover, the UK beauty industry contributed a total of EUR 28.4 billion in 2018, to the nation's economy. Acquisitions have been helping shape the market landscape. For instance, in January 2019, L'Occitane acquired UK-based luxury skincare brand, Elemis for USD 900 million. This may enable L'Occitane to strengthen its foothold in the premium skincare sector; hence, the market is expected to experience a strong demand for dermatology-based products packaging.

Regional Analysis:

Asia-Pacific to Hold Significant Growth In Market

- The increasing adoption of advanced technologies for cosmetic packaging and growing trends of skincare and beauty products are some of the significant factors driving market growth.

- The cosmetics market in China has been one of the fastest-growing sectors in the last few years, benefitting from an increasingly engaged consumer base. The sale of luxury products in the Chinese market demonstrated significant growth. The luxury products brands, such as La Mer, SK-II, and CPB, among others, which were once the sole purview of more financially mobile women in their thirties, now appear in the shopping carts of girls in their twenties.

- Moreover, Chinese men have shown a higher demand for skin care products and makeup over the last several years. According to a white paper by TMIC and L’Oreal China Consumer Intelligence Team, e-commerce sales of men’s grooming products have risen by more than 50% during the past two years, symbolizing men have become an emerging consumer group in the Chinese beauty market, thereby, augmenting the consumer packaging market.

- Furthermore, in the recent years, makeup and personal care have increasingly become integral parts of the Indonesian lifestyle. Consumers expect the packaging designs to be either trendy or luxurious-looking, as beauty products are evaluated as a social currency that defines their identity and social status. In order to capture this trend, Rollover Reaction designed its packaging to be decked in bold colors yet minimalistic in design.

Avail on Discount:

https://www.marketinsightsreports.com/reports/10192355625/cosmetic-packaging-market-growth-trends-and-forecasts-2020-2025/discount?Mode=28          

Highlights of TOC:

Market Overview: It starts with product overview and scope of the Global Cosmetic Packaging market and later gives consumption and production growth rate comparisons by application and product respectively. It also includes a glimpse of the regional study and Cosmetic Packaging market size analysis for the review period 2015-2025.

Company Profiles: Each company profiled in the report is assessed for its market growth keeping in view vital factors such as price, Cosmetic Packaging market gross margin, revenue, production, markets served, main business, product specifications, applications, and introduction, areas served, and production sites.

Manufacturing Cost Analysis: It includes industrial chain analysis, manufacturing process analysis, the proportion of manufacturing cost structure, and the analysis of key raw materials.

Market Dynamics: Readers are provided with a comprehensive analysis of Cosmetic Packaging market challenges, influence factors, drivers, opportunities, and trends.

Market Forecast: Here, the Cosmetic Packaging report provides consumption forecast by application, price, revenue, and production forecast by product, consumption forecast by region, production forecast by region, and production and revenue forecast.

Full Browse the report description and TOC: 

https://www.marketinsightsreports.com/reports/10192355625/cosmetic-packaging-market-growth-trends-and-forecasts-2020-2025?Mode=28          

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format

- 3 months of analyst support

Note: All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

We Also Offer Customization on report based on specific client Requirement:

– Free country Level analysis for any 5 countries of your choice.

– Free Competitive analysis of any 5 key market players.

– Free 40 analyst hours to cover any other data point

Market Insights Reports
4893, Pepper drive, Harrisburg ,NC 28075,United States

About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides Global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.