Beauty Packaging Market Trends, Outlook, Strategies, Industry Analysis, Future Scope, Key Drivers Forecast To 2023

Market Scenario
Market Research Future (MRFR) asserts that the global Beauty Packaging Market Trends, is predicted to expand at a CAGR of 4% during the forecast period (2017-2023). Innovation in packaging has led to the expansion of the market worldwide.
Competitive Dashboard
The prominent players operating in the global Beauty Packaging Market Trends, comprises

  • Amcor Limited (Australia)
  • Sonoco Products Company (U.S.)
  • Albéa Services S.A.S.(France)
  • Saint-Gobain S.A.(France)
  • AptarGroup (U.S.)
  • HCT Packaging Inc.( U.S. )
  • WestRock Company (U.S.)
  • Ampac Holdings LLC (U.S.)
  • Bemis Company Inc. (U.S.)
  • Mondi Group (Austria)
  • Gerresheimer AG (Germany) and Ardagh Group (Luxembourg)

Segmental Analysis
The global Beauty Packaging Market Trends, has been segmented on the basis of material, product, and application.
By mode of material, the global Beauty Packaging Market Trends, has been segmented into glass, plastics, metal, and others. Among these, the plastic packaging is highly preferred among the consumers. The material is extensively used for beauty and personal care packaging as it helps the manufacturers to reduce cost. The surging demand for lightweight, cost-efficient, and durable materials are propelling its demand.
By mode of product, the global Beauty Packaging Market Trends, has been segmented into cans, bottles, tubes, pouches, and others. Among these, the bottle segment is likely to gain preference as it is convenient for the consumers to carry and use.
By mode of application, the global Beauty Packaging Market Trends, has been segmented into cosmetics, skin care, hair care, fragrances, and others.
Regional Insights
Geographically, the Beauty Packaging Market Trends, span across regions namely, Europe, North America, Asia Pacific, and Rest-of-the-World (RoW).
Considering the global scenario, the Asia Pacific region is considered to gain prominence with China generating the maximum revenues. The growth in disposable income and rapid economic growth is likely to create new growth opportunities for the Beauty Packaging Market Trends,. With the transforming packaging sector, improved standard of living, and rapid growth in the cosmetic sector has amplified the demand for beauty and personal care packaging in this region. Moreover, R&D activities by the packaging manufacturers with rising focus on locations for the production and short distance supply is likely to reduce the cost, thereby impacting the market growth positively.
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