The global market of cosmetic packaging is segmented on the goods are expected to push the demand for glass-based cosmetic packaging, powered by developed economies such as the U.S., the U.K., and Germany. In comparison with other materials, the adoption of metals is still low and will continue to remain so due to its higher cost. For more information - http://www.mrrse.com/cosmetic-packaging-market
Demand for Eco-friendly Materials High in Cosmetic Packaging Industry
1. Demand for Eco-friendly Materials High in
Cosmetic Packaging Industry
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packaging-market
Market Research Reports Search Engine (MRRSE) announces the addition of a new
report titled ‘Cosmetic Packaging Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2016 - 2024’, which analyzes the trends, drivers and
restraints, and competitive landscape of the market.
The report is published by Transparency Market Research (TMR) and estimates that
the Global cosmetic packaging market will grow at a steady CAGR of 4.4% in the
forecast period between 2016 and 2014. It is also predicted that the market will grow
from a value of US$23 bn in 2015 to US$33 bn by 2024.
Eco-friendly Materials Preferred for Cosmetic Packaging Solutions
Glass, paper, plastic, wood, and metal are the most commonly used materials for
packaging cosmetics. In terms of both volume and value, the plastics segment
currently leads the global cosmetic packaging market and is projected to account for
a 50.0% share in the global market throughout the forecast period. However, the
numero uno position held by plastics is expected to be threatened due to increased
demand for eco-friendly products such as paper, wood, and metals. This is projected
to limit the growth of the plastics segment.
The demand for eco-friendly material is growing due to the implementation of strict
environmental laws, rising awareness, and competitive benefits. In the coming years,
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2. the global demand for silicone, paper, melamine, and bamboo is also expected to get
a boost from the cosmetic packaging market.
Luxury goods are expected to push the demand for glass-based cosmetic packaging,
powered by developed economies such as the U.S., the U.K., and Germany. In
comparison with other materials, the adoption of metals is still low and will continue
to remain so due to its higher cost.
High Demand for Cosmetics to Fuel Market Growth
The global market of cosmetic packaging is segmented on the basis of geography
into North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific is
known to lead the market in terms of total demand and held a share of about 32.5% in
2016. High concentration of manufacturers as well as buyers of cosmetics and
cosmetic packaging solutions in the region is the key factor driving the market. Due
to the adoption of the China Plus One policy, numerous manufacturers of cosmetic
products and cosmetic packaging products in China are able to set up production
facilities in ASEAN countries such as Indonesia and Malaysia, thereby fuelling the
demand for various packaging solutions. Growing consciousness for anti-aging
products and a prosperous e-commerce sector in the region are also expected to fuel
the demand for cosmetic packaging over the forecast period. On the other hand, the
Latin America and the Middle East & Africa markets are projected to witness
comparatively slower growth over the forecast period.
The leading players in the global cosmetic packaging market include Albea S.A.,
Fusion Packaging, Quadpack Industries, RPC Group Plc, Aptar Group Inc.,
Gerresheimer AG, Libo Cosmetics Company, Ltd., Amcor Limited, HCP Packaging,
and ABC Packaging Ltd.
Table of Contents:
1. Global Cosmetic Packaging Market - Executive Summary
2. Research Methodology
3. Assumptions and Acronyms Used
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3. 4. Global Cosmetic Packaging Market Overview
4.1. Introduction
4.1.1. Global Cosmetic Packaging Market Taxonomy
4.1.2. Global Cosmetic Packaging Market Definition
4.2. Macroeconomic Indicators
4.3. Global Cosmetic Packaging Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.4. Opportunities
4.3.3. Trends
4.4. Global Cosmetic Packaging Market Forecast, 2016–2023
4.5. Global Cosmetic Packaging Regional Pricing Analysis
4.6. Global Cosmetic Packaging Market Snapshot
4.6.1. Global Cosmetic Packaging Market Share By Material Type
4.6.2. Global Cosmetic Packaging Market Share By Container Type
4.6.3. Global Cosmetic Packaging Market Share By Application
4.6.4. Global Cosmetic Packaging Market Share By Declared Capacity
4.6.5. Global Cosmetic Packaging Market Share By Region
4.7. Global Cosmetic Packaging Market Trends
5. Global Cosmetic Packaging Market Analysis and Forecast By Material Type
5.1. Introduction
5.1.1. Market Share and BPS Analysis, By Material Type
5.1.2. Y-o-Y growth comparison, By Material Type
5.2. Global Cosmetic Packaging Market Size and Forecast By Material Type
5.2.1. Glass
5.2.1.1. Absolute $ Opportunity
5.2.1.2. Market Value & Volume Forecast
6. Global Cosmetic Packaging Market Analysis By Container Type
6.1. Introduction
6.1.1. Market Share and BPS Analysis, By Container Type
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4. 6.1.2. Y-o-Y growth comparison, By Container Type
6.2. Global Cosmetic Packaging Market Size and Forecast By Container Type
6.2.1. Jars
6.2.1.1. Absolute $ Opportunity
6.2.1.2. Market Value & Volume Forecast
6.2.2. Tubes
6.2.2.1. Absolute $ Opportunity
6.2.2.2. Market Value & Volume Forecast
6.2.3. Bottles
6.2.3.1. Absolute $ Opportunity
6.2.3.2. Market Value & Volume Forecast
6.2.4. Pumps & Dispensers
6.2.4.1. Absolute $ Opportunity
6.2.4.2. Market Value & Volume Forecast
6.2.5. Sachets
6.2.5.1. Absolute $ Opportunity
6.2.5.2. Market Value & Volume Forecast
6.2.6. Other
6.2.6.1. Absolute $ Opportunity
6.2.6.2. Market Value & Volume Forecast
6.3. Market Attractiveness Analysis, By Container Type
7. Global Cosmetic Packaging Market Analysis By Application
7.1. Introduction
7.1.1. Market Share and BPS Analysis, By Application
7.1.2. Y-o-Y growth comparison, By Application
7.2. Global Cosmetic Packaging Market Size and Forecast By Application
7.2.1. Hair Care
7.2.1.1. Absolute $ Opportunity
7.2.1.2. Market Value & Volume Forecast
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5. 7.2.2. Nail Care
7.2.2.1. Absolute $ Opportunity
7.2.2.2. Market Value & Volume Forecast
7.2.3. Skin Care
7.2.3.1. Absolute $ Opportunity
7.2.3.2. Market Value & Volume Forecast
7.2.4. Makeup
7.2.4.1. Absolute $ Opportunity
7.2.4.2. Market Value & Volume Forecast
7.3. Market Attractiveness Analysis, By Application
8. Global Cosmetic Packaging Market Analysis By Declared Capacity
8.1. Introduction
8.1.1. Market Share and BPS Analysis, By Declared Capacity
8.1.2. Y-o-Y growth comparison, By Declared Capacity
8.2. Global Cosmetic Packaging Market Size and Forecast By Declared Capacity
8.2.1.1. Type 1
8.2.1.1.1. Absolute $ Opportunity
8.2.1.1.2. Market Value & Volume Forecast
8.2.1.2. Type 2
8.2.1.2.1. Absolute $ Opportunity
8.2.1.2.2. Market Value & Volume Forecast
8.2.1.3. Type 3
8.2.1.3.1. Absolute $ Opportunity
9. Global Cosmetic Packaging Market Analysis, By Region
9.1. Introduction
9.1.1. Y-o-Y Growth Projections, By Region
9.1.2. Basis Point Share (BPS) Analysis, By Region
9.2. Market Forecast By Region
9.2.1. North America Market Volume & Value Forecast
9.2.2. Latin America Market Volume & Value Forecast
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