Cosmetic Packaging Market Forecast Report Offers Key Insights to 2027: Albea SA, HCP Packaging Co. Ltd, RPC Group PLC, Silgan Holdings Inc.

The Cosmetic Packaging Market report 2021-2027 presents an in-depth assessment of key trends, current scenarios, challenges, standardization, regulatory landscape, and deployment models. Historical and futuristic case studies, opportunities, future roadmap, value chain, Key player profiles, and strategies lead to builds stronger business decisions. This report covers the pre and post Covid-19 impact analysis and gives expert reviews to overcome it. The report also presents forecasts for Cosmetic Packaging from 2021 till 2027.

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.

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Key Players:

Albea SA, HCP Packaging Co. Ltd, RPC Group PLC (Berry Global Group), Silgan Holdings Inc., DS Smith PLC, Graham Packaging LP, Libo Cosmetics Company Ltd, AptarGroup Inc., Amcor PLC, Cosmopak Ltd, Quadpack Industries SA, Rieke Corporation, Gerresheimer AG, Raepak Ltd, and others.

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.

- 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.

Asia-Pacific to Hold Significant Growth In Market

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’Oral 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.

Competitive Landscape:

- Oct 2019 - Albea announced the launch of a global business partnership with a prominent 3D technology innovation start-up, Erpro 3D Factory.

- 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.

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Influence of the Cosmetic Packaging Market Report:

-Comprehensive assessment of all opportunities and risks in the Cosmetic Packaging market.
-The detailed study of business strategies for the growth of the Cosmetic Packaging market-leading players.
-Conclusive study about the growth plot of the market for forthcoming years.
-In-depth understanding of market-particular drivers, constraints, and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the market.

What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Cosmetic Packaging Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. Analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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