Cosmetic Packaging Market

Cosmetic Packaging Market Research Report - Forecast to 2023
Recent trends show that rapid investment in cosmetics and toiletries, demand for beauty products, such as facial
moisturizers and cleansers, and different pack shape strategies provide growth opportunities the cosmetic packaging
market. Consumers mostly prefer lightweight, durable, portable products such as perfume and cosmetics for easy carrying
purpose. With the increased focus on health, brands and retailers offer innovative beauty and personal care products,
which are designed for the consumers. Cosmetic manufacturers need to emphasize on cosmetic packaging as it plays a key
role in retaining existing customers and attracting new ones.
The global cosmetic packaging market is segmented on the basis of material (plastics, paper, glass, metal, and others),
product (bottles & jars, tubes, containers, pouches, sticks, rollerballs, dispensers, and others), applications (hair care, skin
care, and others), and geography (North America, Europe, Asia Pacific, and thhe Middle East & Africa).
Global Cosmetic Packaging Market-By Material
The different cosmetic packaging materials available in the market are plastic, glass, metal, and paper. A wide variety of
cosmetic packaging is made from plastic, due to its convenient and hygienic qualities. Plastic is mainly popular due to its low
cost, light weight, cost effective, and versatility. However, fluctuating raw material prices hindering the market growth.
Nowadays, brand owners are looking to reduce and replace plastic with biopolymers to reduce carbon footprint. Moreover,
companies are introducing products that counteract environmental issues by utilizing bio plastics and recycled materials.
Companies are considering sustainable packaging, resource efficiency, and lifecycle assessments of their products. Paper
and wood material segment might gain momentum due to increasing focus on environmental issues.
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