UK Cosmetic Packaging Market May Set New Growth Story, Future Trends, Forecast to 2027

UK cosmetic packaging market is anticipated to showcase considerable CAGR of 2.5% during the forecast period (2021-2027). With the growing cosmetic industry across the region, the cosmetic packaging providers across the country are making conscious efforts to generate huge revenue by delivering required packaging solutions to the cosmetic manufacturers. For this purpose, they are adopting different strategic growth activities such as production capacity expansion, product innovation, joint venture, and mergers & acquisitions among others to remain competitive in the marketplace. For instance, in July 2018, Raepak Ltd. had introduced sliding lid containers for facial creams and moisturizing lotions. It uses acrylic material, which exhibits excellent optical clarity. In addition, the container beholds a spatula, not visible from the outer packaging.

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In May 2018, Lumson S.p.A. has launched Envers range of cosmetic packaging that uses airless technology on its PETG bottles. PETG corresponds to Polyethylene Terephthalate Glycol, which is less prone to chemical reactions than PET.Airless technology ensures product protection from moisture, thereby increasing shelf life. Another benefit of airless technology is- the product doesn’t stick to the surface and saves wastage by up to 95%. Such packaging innovations in the packaging solutions in anticipated to drive the growth of UK cosmetic packaging market.

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Market Coverage

  • Market number available for – 2020-2027
  • Base year- 2020
  • Forecast period- 2021-2027
  • Segment Covered-

o          By Material Type

o          By Product Type

o          By Cosmetic Type

  • Competitive Landscape- Amcor PLC, DS Smith PLC, Graham Packaging LP, Hcp Packaging Co., Ltd., Cosmopak Corp.

European Cosmetic Packaging Industry Market Report Segment

By Material Type

  • Plastic
  • Metal
  • Glass
  • Paper
  • Others

By Product Type

  • Plastic Bottles & Containers
  • Glass Bottles & Containers
  • Corrugated Boxes
  • Tubes & Sticks
  • Caps & Closure
  • Metal Containers
  • Others

By Cosmetic Type

  • Skin Care
  • Hair Care
  • Color Cosmetics
  • Deodorants
  • Others

 

 

(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)

 

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