Cosmetic Bottle Packaging Market Growth Rate, Trends, Analysis, Future Scope, Size, Share, Forecast To 2023
Summary
Cosmetic Bottle Packaging Market Size, Share, Trends, Growth, Analysis, Future Scope By Material (Plastics, Glass, Metal and other), By Application (Skin care, Hair care, Bath & shower, Cosmetics and Others) and Region - Forecast To 2023
Cosmetic Bottle Packaging Market Insights
Since past decades, the competition in the global cosmetics bottle packaging was at a minimal stage, but now the market is predicted to hot up and rise owing to growing thrust on research and development by key market players with introducing new innovative cosmetic packaging products.
Up on this, Market Research Future has come up with its latest report on the global cosmetic bottle packaging market, stating that the market will grow steadily at 4.5% CAGR and might achieve USD 39 billion market share globally by 2023. Such expected proliferation of the market promises with massive opportunities and is also likely to rise with the entry of new aspiring players.
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Key Players
The key players of global cosmetic bottle packaging market include
- Amcor Ltd. (Australia)
- Albea Group (Luxembourg)
- CCL Industries (Canada)
- Sonoco Products Company (U.S.)
- Sinclair & Rush, Inc. (U.S.)
- Essel Propack Ltd (India)
- Huhtamaki (Finland)
- Montebello Packaging (Canada)
- World Wide Packaging LLC (U.S.)
- Unette Corporation (U.S.) and others.
Cosmetic Bottle Packaging Market Drivers & Trends
The latest scenario portrays that the global Cosmetics Packaging Market is mainly driven by expanding urbanization and high penetration of cosmetic products through e-commerce and retail channels. The packaging in the current time uses the technology of 3D printing and airless bottles, which are being introduced by cosmetic packaging manufacturers to meet the fast-changing requirements of the consumer.
On the other hand, the development of new and diversified packaging styles, and high potential in emerging economies is continuously providing enormous growth opportunities, especially for personal care products. Thus, the market of cosmetic bottle packaging is creating exciting opportunities within the packaging industry that will eventually boom the market with higher CAGR in the years to come.
Cosmetic Bottle Packaging Market Segmentation
By the reports published in MRFR, the global cosmetic bottle packaging market has segmentation based on material, application, and region.
By material type, the market is classified into plastics, glass, metal, and others. Various packaging products such as pen type, sachets, roller balls, etc. remain easily customizable for decent appeal and functionality of packs. The introduction of airless bottles has made plastic containers more secure and reduced from chemical contamination. The most commonly used plastic type used for cosmetic packaging is PP (Polypropylene), PE, PET, HPE and acrylic ingredients.
By application type, the market is classifying into skin care, hair care, bath & shower, cosmetics, and others. The skin care segment of the global bottle cosmetic packaging market is expected to grow at a substantial rate with the increasing adoption of skin care and anti-aging products, hence boosting the demand for cosmetic bottle packaging solutions over the forecast period.
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Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
Continues…..
List Of Tables
Table 1 Global Cosmetic Bottle Packaging Market: By Region, 2017-2023
Table 2 North America Cosmetic Bottle Packaging Market: By Country, 2017-2023
Table 3 Europe Cosmetic Bottle Packaging Market: By Country, 2017-2023
Table 4 Asia Pacific Cosmetic Bottle Packaging Market: By Country, 2017-2023
Continues……..
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