Industrial Bulk Packaging Market for the cosmetic industry is expected to grow at a CAGR of 5.14% during the Forecast 2023

Packaging and Printing

Industrial Bulk Packaging Market Synopsis      

Industrial Bulk Packaging for cosmetics is specially designed tertiary packaging, which allows the transportation of the cosmetics and personal care products to the end-users. Such packaging enables the cosmetic products to reach various destinations without getting damaged due to drops and external force along with climatic conditions such as dust and rain. Industrial Bulk Packaging products, which are essentially used by the cosmetics market are drums, material handling containers, bulk boxes, and others.

Global Industrial Bulk Packaging Market for the cosmetic industry is expected to grow at a CAGR of 5.14% during the forecast period.

Key Players

Some of the key players in the global Global Industrial Bulk Packaging Market for Cosmetics Industry include Berry Plastics Group, Inc. (the 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.

Segmentation

The global Industrial Bulk Packaging Market for cosmetics industry has been segmented on the basis of plastics, metal, paper & paperboard, and others. The plastic is expected to account for the largest market share over 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.

Regional Analysis

The global market is segmented on the basis of geography: Asia Pacific, North America, Europe, and the Middle East & Africa. Asia Pacific is expected to lead the Global Industrial Bulk Packaging Market for Cosmetics Industry, followed by Europe and North America region.

In Asia Pacific region, factors such as expanding product lines for cosmetic products based on affordability, e-retailing are driving the need for Industrial Bulk Packaging market for the cosmetics industry. Owing to the increasing disposable income, consumers are expected to increase their spending on premium cosmetics and personal care products. The increase in the number of manufacturing facilities for cosmetics in the region is also driving the growth of the Industrial Bulk Packaging market for the cosmetics industry.

In Asia Pacific region, China is expected to dominate the growth of the market. China is the world's largest market for beauty products, with the flourishing demand for premium cosmetics. As employees in China are increasingly getting better educated and better paid, there is more expenditure on consumption. They are able to pay attention to health, maintaining personal hygiene and grooming their appearance, thereby driving the need for the Industrial Bulk Packaging market.

Scope of the Report

This study provides an overview of the global Industrial 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 Industrial 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 

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