Cosmetic Packaging Machinery Market to Boost the Market Growth to 2027

The Cosmetic Packaging Machinery market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics have been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio, and recent developments. The Cosmetic Packaging Machinery Market share and Market size prominent players for 2020 to 2027 are profiled in this report.

The Cosmetic Packaging Machinery Market is expected to register a CAGR of 5.62% over the forecast period 2022 - 2027.

Competitive Landscape: Bosch Packaging Technology, Inc. (Robert Bosch GmbH),  IMA Industria Macchine Automatiche SpA,  Marchesini Group SpA,  Packsys Global Ltd,  Prosy's Innovative Packaging Equipment,  Turbofil Packaging Machine, LLC,  Vetraco Group,  Zhejiang Rigao Machinery Corporation, ltd.,  Wimco Ltd,  ProMach Inc.,  Liquid Packaging Solutions Inc.,  APACKS and Others

Industry News:

Apr 2019 Zhejiang Zhongke Packaging Machinery launched multiple products to meet the changing market demand and to strengthen its product portfolio in the rigid box manufacturing segment. The ZK 5540 B is an automatic folder gluer for rigid box manufacturing. It is equipped with servo motor, PCL programmable controller, photoelectric tracer, touchscreen HMI, and other systems.
March 2018 Leonard Green & Partners completed the acquisition of the US-based packaging machinery company, ProMach from AEA Investors. The terms of the deal have not been disclosed, and it is reported that the management team and employees of the acquired business will continue to operate from the facilities worldwide.

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Scope of the Report:

The industries are moving toward significant automation for improving their cost and energy utilization. With automation, human intervention has reduced significantly, which has helped in reducing human errors considerably. For the same reason, the packaging industries are also adopting integrated and next-generation automated machinery. These factors are driving the growth of the packaging machinery market.
Owing to the improving economic conditions and increasing disposable income globally, the demand for personal care and consumer goods is increasing. The cosmetic companies have expansions globally. For instance, L'Oreal is planning to invest EUR 15 million for the expansion of its plant in France; the plant will be a part of its luxury Excellence Manufacturing Centre.

Key Market Trends:

Labelling Machines to Witness Significant Growth

With technological advancements and digital transformation, the importance of labeling has increased tremendously over the years. Cosmetic products are available in different forms of packagings and material. Hence, there is a demand for different kinds of labeling machines to suit various packaging needs.
The FDA and the EU do not have many restrictions on the ingredients for cosmetic products and the testing of products is left up to the manufacturers. The regulations for listing the ingredients are mandatory. This factor makes the labeling machine essential for each packaging.
The companies manufacturing cosmetics are expanding their production facilities, owing to the increase in sales of consumer goods for personal care. According to the Centers for Medicare and Medicaid Services, the United States is expected to spend USD 3.2 trillion in 2019 on personal healthcare.

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North America is the Key Market for Cosmetic Packaging Machinery

The United States is a hub for cosmetic products and is known for its innovative and quality products. The consumers in the United States are seeking out products geared toward their specific needs and preferences.
The country has the footprint of many multinational companies, such as Revlon, MAC Cosmetics, Avon, and L'Oreal. The United States is the biggest market for skin care products, including anti-aging and anti-wrinkle products.
The formation of the Advanced Manufacturing Partnership (AMP) is an initiative, undertaken by the United States to make the industry, universities, and the federal government invests in emerging technologies. This initiative has helped the country gain a competitive edge in the global economy, by investing in packaging equipment, which is used in the final line of production.

Regional Analysis for Cosmetic Packaging Machinery Market:

North America, Latin America, Asia-Pacific, Africa, Europe, and others have been studied at length based on various parameters of businesses such as type, size, application, and end-users.  The global Cosmetic Packaging Machinery Market is presented for niche reading. The report presents portfolios of different strategies and the best practices governing businesses. Some applicable sales methodologies have been included in this research report, that could influence business output.

Highlights about Cosmetic Packaging Machinery report coverage:

- A complete background analysis, which includes an assessment of the Global Cosmetic Packaging Machinery Market.

- Important changes in Cosmetic Packaging Machinery market dynamics

- Cosmetic Packaging Machinery Market segmentation up to the second & third level regional bifurcation

- Historical, current, and projected size of the Cosmetic Packaging Machinery market with respect to both value (Revenue) and volume (Production & Consumption)

- Reporting and evaluation of recent Cosmetic Packaging Machinery industry developments

- Cosmetic Packaging Machinery Market shares and strategies of key players

- Emerging niche Cosmetic Packaging Machinery segments and regional markets

- An objective assessment of the trajectory of the Cosmetic Packaging Machinery market

- Recommendations to companies for strengthening their foothold in the Cosmetic Packaging Machinery market

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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