Lipstick Packaging Market Share, Demand Analysis, Growth, Trends and Forecast - 2028

The global lipstick packaging market is anticipated to grow at a considerable CAGR of 5.4% during the forecast period (2022-2028).

The lipstick packaging is the process of packing lipstick in various types and designs of boxes. The major factor attributing to the growth of the global lipstick packaging market includes the consistent growth in the beauty industry across the globe. According to an article published by Forbes in September 2019, the global beauty business was $532 billion in 2019. Among these, the US, China, and Japan were the top 3 major beauty industries with around 20%, 13%, and 8% share respectively. It is estimated that the global beauty market will reach $800 billion by 2025 due to several trends shaping the future of beauty businesses. The trends include loyalty of beauty customers towards brands, development of natural, clean, and sustainable beauty products, adoption of beauty products by customers, and many others. Thus, increasing the application of lipstick packaging across the globe.

Click Here to Get a Free Sample Report of the Lipstick Packaging Market @ https://orionmarketreports.com/request-sample/?id=112468&submit=Request+Sample%0D%0A

The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instances-

• In June 2021, Berry Global Inc., a packaging solution provider in partnership with RAW Elements USA launched a sugarcane-based tube for packaging various cosmetic products.

• In January 2021, Amcor plc, a global packaging manufacturer expanded its solutions of packaging towards sustainable packaging solutions. As per this strategy, Amcor will focus on developing packaging that is recyclable and reusable.

• In January 2020, Albea SA opened a new manufacturing plant in Huai'an, China. Albea SA will manufacture metal parts for its existing cosmetics and skincare packaging solutions.

• In December 2019, Aptar Group, a major provider of innovative dispensing, sealing, and active packaging solutions expanded its services to middle-east by opening a new sales office in Dubai to expand its target customer in several countries of middle-east. The new sales office will provide its packaging solutions in three segments including beauty & home, food & beverages, and pharma.

Get 15% Discount on Buying this Report: https://orionmarketreports.com/request-discount/?id=112468&submit=Request+Discount

Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Material Type
o By Type of Lipstick

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

• Competitive Landscape- HCP, World Wide Packaging LLC, Libo Cosmetics, Baoyu Cosmetics Packaging Co. Ltd., and Berry Global Inc., among others.

A full report of Global Lipstick Packaging Market is available at: https://orionmarketreports.com/lipstick-packaging-market/112468/

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 has 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 players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Lipstick Packaging Market Report by Segment

By Dosage
• Glass
• Metal
• Plastic
• Paper

By Application
• Sheer Lipstick
• Cream Lipstick
• Gloss Lipstick
• Matte Lipstick
• Stain Lipstick

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide an 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 the 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.