Global Cosmetics Bottle Market Trends, Business Overview, Industry Growth and Forecast to 2022-2028

The global cosmetics bottle market is anticipated to grow at a CAGR of 4.5% during the forecast period (2022-2028). Cosmetics bottle are an inevitable part of cosmetics packaging highly used as cans, tubes, and bags, among others. They could be in the form of small cosmetic containers or secondary packaging of fragrances and cosmetic products. The market growth is majorly attributable to the ever-growing cosmetics demand especially among the youth population thereby augmenting the need for cosmetic packaging. Population across the globe is demanding innovative, attractive, and sustainable packaging from cosmetic brands, as a result of which key market players are developing innovative cosmetics bottles to cater to this surging demand. For instance, in November 2021, Hindustan Unilever (HUL) unveiled an aggressive plan with innovations in its premium beauty portfolio, including brands such as Baby Dove.

Cosmetics bottles are also one the highly demanded packaging material owing to the range of benefits they offer. These include effective safety of the product without interfering with its chemical properties, easy dispensing of the cosmetics, durability they provide as well as the cost effectiveness associated with these bottles. Plastic bottles owing to their huge low cost and easy availability have consistently been the widely adopted material of packaging personal care items. Thus, sustainability is another key trend which is anticipated to offer immense growth opportunities to the global cosmetics bottle market. This particularly include the reusability of these bottles. For instance, in June 2021, L'Oréal announced that Biotherm would become the first of its brands to launch a bottle made from plastic entirely recycled using Carbios' enzymatic technology. The technology developed is suitable for all types of polyethylene terephthalate (PET), making these plastics indefinitely recyclable. L'Oréal first set up a consortium with Carbios to encourage the development of innovative plastics recycling solutions in 2017.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Type
o By Application

• Regions covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape: Albea Group, Amcor plc, and Gerresheimer AG, among others.

Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

A full report of Global Cosmetics Bottle Market is available at:
https://orionmarketreports.com/global-cosmetics-bottle-market/107411/

Global Cosmetic Bottle Market Report by Segment

By Type
• Glass
• Plastic
• Metal
• Others

By Application
• Cream Cosmetics
• Liquid Cosmetics
• Powder Cosmetics
• Others

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Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.