Press release
Bulk Packaging Market for Cosmetics Industry 2023 : Expected to Grow with 5.14% CAGR and Reach USD 10666.17 million
Global Bulk Packaging Market for Cosmetics Industry Information by Material Type (Plastic, Metal, Paper & Paperboard, and others), By Product Type (Pails, Drums, Bulk Boxes, Shipping Sacks, Material Handling Containers, and others) and By Region – Forecast To 2023
Market Highlights
The global bulk packaging market for cosmetics industry are majorly driven by the change in the taste and preferences of the consumer for use of cosmetic products. Due to the rising affluence and the growing consciousness about grooming and appearance, among individuals, the potential of the cosmetics market is growing. This is driving the demand for use of bulk packaging for storage and transportation of cosmetics. The market is also driven by the growth in the end-use segments of the cosmetic industry such as skin care, hair care and baby care among others.
The market for global Bulk Packaging for Cosmetics Industry is expected to grow over the CAGR of 5.14% during the period 2016 to 2023
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Market Research Analysis
Based on all kinds of materials used in global bulk packaging market for cosmetics industry, the plastics accounted for the largest share and is expected to grow at a CAGR of 5.32% during the forecast period. The growth of plastic can be attributed to various factors such as average gains associated with the material over steel drums in terms of cost, weight and corrosion resistance.
Based on all kinds of products, pails are expected to grow the highest. The growth can be attributed to their performance and cost advantages in small volume applications. Drums will also continue to be a critical product for the packaging of larger sized products due to their relatively low cost, reusability, and effectiveness in the safe transport of hazardous materials.
Key Players
The key players of global bulk packaging market for cosmetics industry report include Berry Plastics Group, Inc. (U.S), BWAY Corporation (Georgia), Georgia-Pacific LLC (U.S.), Greif incorporated (U.S), Mauser Group B.V. (Germany), Menasha Corporation (U.S.), Rehrig Pacific Company (U.S.), Remcon Plastics, Inc. (U.S.), SchoellerAllibert (Netherlands), Westrock Company (U.S.) and others.
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The report for Global Bulk Packaging Market for Cosmetics Industry of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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Scope of the Report
This study provides an overview of the global bulk packaging market for cosmetics industry, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global bulk packaging market for cosmetics industry by its material, product, application and region.
By Material Type
• Plastic
• Metal
• Paper & paperboard
• Others
By product Type
• Pails
• Drums
• Bulk boxes
• Shipping sacks
• Material handling containers
• Others
By Region
• North America
• Asia Pacific
• Europe
• Rest of the World
Brief Toc:
1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Global Market, By Packaging Type
5. Global Market, By Technology
6. Global Market, By Application
7. Global Market, By End-user
8. Regional Market Analysis
9. Competitive Analysis
10. Conclusion
11. List Of Tables
12. List Of Figures
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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