Sep 5, 2022   SOURCE: BusinessWire

The Worldwide Cosmetic Packaging Industry is Projected to Reach $55.8 Billion by 2030 - ResearchAndMarkets.com

The "Cosmetic Packaging Market By Material Type, By Packaging Type, By Application: Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.

The global cosmetic packaging market was valued at $34,322.7 million in 2020, and is projected to reach $55,899.2 million by 2030, registering a CAGR of 4.8% from 2021 to 2030.

Cosmetic packaging solutions are rigid or flexible packaging solutions that are used for packing a wide range of cosmetic products such as foundation, concealer, and mascara. Cosmetic packaging includes a variety of containers and pouches made of glass, paper, plastic, and metal. These packaging are often printed and decorated to enhance their looks.

Cosmetic packaging is available in a wide range of size, shapes, and closures in the market, thereby making it suitable for all kinds of cosmetic products, be it gaseous, liquid, or solid. Among all the material types, plastic packaging is gaining high traction among beauty products manufacturers, owing to its ability to take complex shape, easy handling, and durability. Cosmetic packaging is essential for preventing and protecting contained cosmetic products from contamination and any physical damage during transit and usage.

The development of the e-commerce industry has significantly boosted the demand for cosmetic products, owing to ease of buying experience along with availability of a large number of options to choose from.

In addition, social media sites such as Instagram and Facebook have positively influenced the cosmetics market. These factors are positively influencing the cosmetic packaging market.

However, fluctuating cost of raw materials used for manufacturing cosmetic packaging is a major restraint in of the market. Furthermore, development in 3D printing technology is expected to provide lucrative opportunities for the growth of the market.

The global cosmetic packaging market is segmented into material type, packaging type, application, and region. By material type, the market is classified into glass, paper based, plastic, and metal. On the basis of packaging type, it is categorized into tubes, bottles, dispenser, and others. Depending on application, it is classified into oral care, skin care, hair care, makeup, and perfume. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major players that operate in the global market have adopted key strategies such as product launch to strengthen their market outreach and sustain the stiff competition in the market.

Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current and emerging cosmetic packaging market trends and dynamics.
  • In-depth market analysis is conducted by constructing market estimations for the key Market Segments between 2020 and 2030.
  • Extensive analysis of the cosmetic packaging market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
  • A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
  • The global cosmetic packaging market forecast analysis from 2021 to 2030 is included in the report.
  • The key market players within cosmetic packaging market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the cosmetic packaging industry.

Key Market Segments

By Material Type

  • Glass
  • Paper Based
  • Plastic
  • Metal

By Packaging Type

  • Tubes
  • Bottles
  • Dispensers
  • Other

By Application

  • Oral Care
  • Skin Care
  • Hair Care
  • Makeup
  • Perfume

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • Italy
  • U.K.
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest Of Asia Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Anji Tianzhen Bamboo Flooring Co. Ltd.
  • BambooVision
  • Bamboo Australia
  • Bamboo Village Company Limited
  • Dasso Group
  • EcoPlanet Bamboo
  • Kerala State Bamboo Corporation Limited
  • Moso International BV
  • Simply Bamboo Pty Ltd
  • Smith & Fong Company

For more information about this report visit https://www.researchandmarkets.com/r/xs57jt