The report forecasts the global cosmetic packaging market to grow at a CAGR of 5.07% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: Emergence of organic cosmetics will be a key trend for market growth. A rising demand for organic cosmetics, despite their high cost, is driving market growth. Organic cosmetics are being preferred to synthetic ones due to increase in health and environment consciousness.
The future growth of this market will be fueled by the development of anti-aging and hair care products. Manufacturers of these products are looking for packaging products that can actively promote their brands and product lines as all-natural and organic and, thus, are focusing on procurement of eco-friendly and sustainable packaging.
According to the report, growth of cosmeceutical market will be a key driver for market growth. Cosmeceu¬ticals are the fastest growing segment in the cosmetics industry. The emergence of scientifically advanced formulations and presence of active ingredients in pharmaceutical products are likely to contribute to the growth of this segment.
The demand for cosmeceuticals was spurred by an increase in the population of aging baby-boomers in North America and Europe. Also, growing use of cosmetics for early signs of aging is boosting the demand and affordability of these formulations. These ingredients and cosmeceuticals require innovative packaging solutions, such as airtight containers and airless pumps.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- HCP Packaging
- Gerresheimer AG
- Silgan Holdings
- ABC Packaging
- AREXIM Packaging
- DS SMITH
- Fusion Packaging Solutions
- Graham Packaging¸ LIBO Cosmetics
- Plasdene Glass-Pak
- SCA Packaging
- Sonoco Products
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by material type
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
PART 16: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/hrqfzb/global_cosmetic
Related Topics: Packaging
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/research-and-markets---global-cosmetic-packaging-market-cagr-growth-of-507-by-2020---trends-technologies--opportunities-report-2016-2020---key-vendors-ds-smith-rebhan-uflex-300315337.html
SOURCE Research and Markets