openPR Logo
Press release

Cosmetic Packaging Market: Rising Global Spending on Cosmetics to Boost Demand for Innovative Packaging

02-06-2017 07:58 AM CET | Fashion, Lifestyle, Trends

Press release from: Transparency Market Research

Cosmetic Packaging Market: Rising Global Spending on Cosmetics

Transparency Market Research estimates that the global cosmetic packaging market will exhibit a 4.4% CAGR over the period between 2016 and 2024. As a result, the market, which had a valuation of US$23 bn in 2015, will rise to US$33 bn by 2024. In terms of packaging material, the market is chiefly dominated by the plastics segment. The segment is expected to retain dominance throughout the forecast period as well and account for an estimated 56.3% of the global market’s revenues by end of 2016. In terms of geography, the market for cosmetic packaging in Asia Pacific is expected account for a 32.5% of the global market in 2016 and remain the dominant regional market throughout the forecast period.

Download Research Brochure PDF@ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2352

Rising Awareness about Anti-Aging Products to Boost Demand for Cosmetic Packaging

The global market for anti-ageing beauty products is expected to boost the global demand for cosmetic packaging over the forecast period. Consumers mainly from the aging population are inclined towards cosmetic products capable of improving their overall appearance. As the world population of aged people continues to rise at a high pace, the segment of anti-ageing products is expected to account for a significant share in the global cosmetics market in the next few years.

The rising per capita spending on cosmetics, especially across developing economies, is also a key factor influencing expected to positively impact sales of cosmetic packaging in the next few years

Moreover, the increased use of a variety of deodorants and fragrances among the male population is also expected to accelerate the growth of the global cosmetic packaging market over the forecast period. The flourishing e-commerce industry and preference of major cosmetic product manufacturers to sell products through e-commerce retail, which is expected to boost sales of cosmetic products, is in turn also expected to positively influence the global cosmetic packaging market.

Volatile Prices of Raw Materials to Hinder Market Growth

The volatile prices of raw materials such as plastic, paper, glass, and metals result in the increased costs of cosmetic packaging and a reduction in the profit margin of the manufacturers. Along with this, the market features a highly consolidated base of suppliers, particularly in terms of metals and glass. As a result, with increasing demand for cosmetic products and their packaging, raw material sourcing requirements have emerged as a key concern for most cosmetic packaging manufacturers preferring glass and metal packaging for premium product varieties. The situation becomes particularly challenging for smaller cosmetic companies wanting to pack their products at low costs and maintain overall profitability.

Browse Full Report@ http://www.transparencymarketresearch.com/cosmetic-packaging-market.html

About Us:-
Transparency Market Research is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Contact Us:-
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cosmetic Packaging Market: Rising Global Spending on Cosmetics to Boost Demand for Innovative Packaging here

News-ID: 429029 • Views:

More Releases from Transparency Market Research

Solid Tires Market Expected to Witness Impressive Growth at a 8.1% CAGR by 2031
Solid Tires Market Expected to Witness Impressive Growth at a 8.1% CAGR by 2031
The latest research study released by Transparency Market Research on "Solid Tires Market Forecast to 2023-2031 ″ research provides accurate economic, global, and country-level predictions and analyses. Solid Tires market is estimated to attain a valuation of US$ 760.0 Mn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 8.1% during
Automotive Cyber security Market Sales Estimated to Hit USD 10.5 Billion by 2031| Says Transparency Market Research
Automotive Cyber security Market Sales Estimated to Hit USD 10.5 Billion by 2031 …
The latest research study released by Transparency Market Research on "𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐂𝐲𝐛𝐞𝐫 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐭𝐨 𝟐𝟎𝟐𝟑-𝟐𝟎𝟑𝟏 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Automotive Cyber security industry, as
Ready-mix Concrete Market to Witness Exponential Growth with a CAGR of 6.1% from 2022 to 2031: TMR Study
Ready-mix Concrete Market to Witness Exponential Growth with a CAGR of 6.1% from …
The latest research study released by Transparency Market Research on "𝐑𝐞𝐚𝐝𝐲-𝐦𝐢𝐱 𝐂𝐨𝐧𝐜𝐫𝐞𝐭𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐭𝐨 𝟐𝟎𝟐𝟑-𝟐𝟎𝟑𝟏 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Ready-mix Concrete industry, as well as
Mining Automation Market to Surge at 6.4% CAGR, Hitting US$ 7.3 Bn by 2031, According to TMR Study
Mining Automation Market to Surge at 6.4% CAGR, Hitting US$ 7.3 Bn by 2031, Acco …
The latest research study released by Transparency Market Research on "𝐌𝐢𝐧𝐢𝐧𝐠 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐭𝐨 𝟐𝟎𝟐𝟑-𝟐𝟎𝟑𝟏 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Mining Automation industry, as well as

All 5 Releases


More Releases for Cosmetic

Global Cosmetic Dyes Market 2020 Business Strategies – Sensient Cosmetic Techn …
The research report titled “Cosmetic Dyes Market by Type (Natural and Synthetic Dyes) and by Application (Facial Makeup, Eye Makeup, Hair Color, Lip Products, Nail Products, and Toiletries): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” and published by “Zion Market Research” is an in-depth and dedicated scrutiny of the existing stats of the global Cosmetic Dyes market entailing the numerous facets pertinent to statistics and growth of the business.
Cosmetic Pigments Market 2020-2025: Leading Key Players Sudarshan Chemical, Sens …
North America led by Mexico, Canada, and U.S. Cosmetic Pigments Market to witness substantial gains in the forecasted period. The product is used for imparting colors in cosmetics. An increasing number of manufacturers in the region including L'Oral and Revlon will fortify cosmetics pigments demand manufacturing lipsticks. These factors will increase the cosmetic pigments market growth. Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/3531 Cosmetic Pigments Market, By Elemental Composition, 2014-2025
Cosmetic Packaging Market - Soaring Cosmetic Sales and Product Development Boost …
The report includes consumption of cosmetic packaging and the revenue generated from sales of cosmetic packaging in all regions and important countries in these regions. By material type, the global cosmetic packaging market has been segmented into glass, paper, plastic, metal and others. Plastic segment is further sub-segmented into PET, PP, PE and others. By application type, the market is segmented into skin care, hair care, make up and nail
Cosmetic Palettes Market is driven by environment-friendly nature of cosmetic pa …
Cosmetic palettes are the Egyptian artifacts which were originally used by people to grind and apply the cosmetics ingredients on body and face often in a plain, rhomboidal or rectangular shapes. With time, the cosmetic palettes became more decorative or rather a ceremonial commodity. Apart from symbolism and display, its functional objective of grinding pigments was resurfaced again among the elite societies, and since then the functionality was never suppressed.
Global Cosmetic Ingredients Market: Escalating Demand for Cosmetic Products to R …
Researchmoz added Most up-to-date research on "Cosmetic Ingredients Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" to its huge collection of research reports. Cosmetic Ingredients market is forecast to witness a stable growth rate over the forecast period. With increased demand of various end use products, the global market for cosmetic ingredients is increasing substantially. Various types of ingredients both natural and synthetic are used
Cosmetic Packaging Market: China Cosmetic Packaging Share to Reach $7.75 Bn by 2 …
Zion Market Research has published a new report titled “Cosmetic Packaging Market by Material Type (Plastic, Glass, Paper and Others), by Container Type (Jars, Bottles, Tubes, Sachets and Others) for Hair Care, Nail Care, Skin Care, Makeup and Other Applications: China Industry Perspective, Comprehensive Analysis and Forecast, 2016 – 2022”. According to the report, the demand for cosmetic packaging market in China was valued at over USD 5.87 billion in 2016,