Global cosmetic packaging market is anticipated to showcase moderate CAGR of 4.1% during the forecast period (2021-2027). Packaging plays a critical role in the sale of this products. Innovation in the cosmetic packaging is therefore considered to be a key aspect to drive the growth of the cosmetic packaging market across the globe. Anti-plastic cosmetic packaging, compostable packaging options, biodegradable cosmetic packaging, recyclable cosmetic holders, reusable cosmetic bottles, refillable packaging solutions, collectible cosmetic tubes, scaled down used bottles, and so are the major innovations in the cosmetic packaging.
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In October 2019, the Body Shop International Ltd. had started two sustainable packaging initiatives including ‘return.recycle.repeat’ scheme in partnership with Terracycle across the UK, France, Germany, Australia, and Canada, and a sustainable sourcing program in partnership with plastic for change to replace recycled PET packaging with waste plastic collected from the streets of Bengaluru in India. The initiation of such programs by key market players across the globe are anticipated to drive the growth of the cosmetic packaging market across the globe.
A Full Report of Global Cosmetic Packaging Market is Available at: https://www.omrglobal.com/industry-reports/cosmetic-packaging-market
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global 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.)
