What is Plastic Cosmetics Packaging Market Scope?
The packaging embodies the brand's identity and memorability. Often the consumer already sees the packaging as part of the product. Because of its convenience and hygienic properties, a large number of cosmetic packaging is made of plastic. Unfortunately, plastic tends to contribute to a large amount of waste, and once opened, products usually need to be consumed immediately. One of the main reasons plastic is such a popular material is because of its low cost. It is also light, flexible, unbreakable, and durable. In addition, it is odorless and has a pleasant appearance. The most common type of plastic used in plastic packaging is PP. Other plastics include PET and acrylic components. Acrylic plastic looks like glass but doesn't break like glass. From an aesthetic point of view, plastics can be made in different colors or shades depending on the material. Consider material performance such as durability and sustainability and their relationship to retail conditions. Cosmetic products need to be both attractive and practical for packaging to be successful.
The Plastic Cosmetics Packaging market study is being classified by Type (Hose Packing, Injection Packaging and Blow Packaging), by Application (Cream Cosmetics, Liquid Cosmetic, Powder Cosmetics and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA predicts that Vendors from European will contribute to the maximum growth of Global Plastic Cosmetics Packaging market throughout the predicted period.
Yoshino Kogyosho Co. Ltd. (Japan), Uflex Ltd. (India), Albea Group (France), Aptar Group (United States), TUPACK Verpackungen GesmbH (Austria), Gerresheimer (Germany), Amcor plc (Switzerland), Rexam (United Kingdom), World Wide Packaging Inc. (United States), Graham Packing Company (United States), Axilone (United States), Baralan International S.p.A. (Italy) and HCP Packing (United Kingdom) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Shenzhen Beauty Star Co., Ltd. (China), Chun Hsin Plastic Tube Co., Ltd. (Taiwan), Inoac Corporation (Japan) and Silgan Holding Inc. (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Plastic Cosmetics Packaging market by Type, Application and Region.
On the basis of geography, the market of Plastic Cosmetics Packaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
The European framework contains Regulation 1223/2009 on cosmetic products. According to Annex I of the regulation, the safety report for cosmetic products must contain details on impurities, traces, and information about the packaging material, including the purity of substances and mixtures, information on their technical inevitability in the case of traces of prohibited substances and the relevant properties of the packaging material, in particular purity and stability. Other pieces of legislation include Decision 2013/674 / EU, which sets guidelines to make it easier for companies to comply with Annex I to Regulation (EC) No. 1223/2009. This decision determines the information to be collected on the packaging material and the possible migration of substances from the packaging to the cosmetic product.
Influencing Market Trend
- Lightweight and A Cost-Effective Packaging Solution
- The Increase in Demand for Bottles from the Personal Care and Hair Care Manufacturers
Market Drivers
- The Growth of the Cosmetic Industry across the Globe
- Increasing Disposable Income and Changing Lifestyles
- An Increase in the Innovations in Packaging
- A Boost in the Demand for Cosmetics from the Youth Population
Opportunities
- A Growing Demand for Premiumization
- Growing Sustainability Concerns
Restraints
- Environment Related Concerns Due To Plastics
Challenges
- Availability of Alternatives for Packaging
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Providers of Plastic Cosmetics Packaging, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.