Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Cosmetic Packaging Industry: Rising Global Spending on Cosmetics to Boost Demand for Innovative Packaging – Latest Industry Trends & Key Insights by 2024

Tuesday, February 7, 2017 0:17
% of readers think this story is Fact. Add your two cents.

(Before It's News)

In the highly competitive global cosmetic packaging market, innovation remains the key to success as excellent aesthetic value and appeal of packaging products continue to be richly awarded by cosmetic manufacturers, observes Transparency Market Research in a recent report. Key manufacturers are focusing on the introduction of attractive and innovative packaging products such as the 3D printing bottles introduced by Rouge Louboutin and the airless bottles by Albea S.A. 

Get a Free Sample PDF for In-depth Analysis on Cosmetic Packaging & Upcoming Advancements at:
https://goo.gl/z4yk07

Transparency Market Research estimates that the global cosmetic packaging market will exhibit a 4.4% CAGR over the period between 2016 and 2024. As a result, the market, which had a valuation of US$23 bn in 2015, will rise to US$33 bn by 2024. In terms of packaging material, the market is chiefly dominated by the plastics segment. The segment is expected to retain dominance throughout the forecast period as well and account for an estimated 56.3% of the global market’s revenues by end of 2016. 

Rising Awareness about Anti-Aging Products to Boost Demand for Cosmetic Packaging

The global market for anti-ageing beauty products is expected to boost the global demand for cosmetic packaging over the forecast period. Consumers mainly from the aging population are inclined towards cosmetic products capable of improving their overall appearance. As the world population of aged people continues to rise at a high pace, the segment of anti-ageing products is expected to account for a significant share in the global cosmetics market in the next few years.

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories
 

Featured

 

Top Global

 

Top Alternative

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.