Cosmetic Jars Packaging Market Global Trends And Forecast To 2023
Their dominance is due to the entrenched position of plastic bottles in many high-volume applications such as shampoo, conditioner, and lotion. Other plastic formats, such as squeeze tubes and jars, will gain ground based on demand for packaging that can provide shelf differentiation. Plastic bottles will still continue to hold the largest share of the total market. Both tubes and other plastic containers will see slightly faster gains, due to better prospects for cosmetics and the adoption of non-traditional package formats. Cosmetic manufacturers need to give prime importance to cosmetic packaging as this plays a key role in retaining existing customers and attracting new ones.
The global Cosmetic Jars Packaging market is expected to grow at ~4.5% CAGR.
Market Research Analysis
The global Cosmetic Jars Packaging market is a very dynamic market and is expected to witness high growth over the forecast period. The growth of Cosmetic Jars Packaging market is influenced by the long-term air quality and climate goals. The development of new and diversified technologies is creating exciting opportunities within the packaging industry. The increased demand, globally, for airless tubes and the availability of high-quality printing at a very low cost are major driver for the global Cosmetic Jars Packaging market. Some of the key driving factors for Cosmetic Jars Packaging market are significant growth in packaging industries, coupled with innovative packaging and excellent barrier properties. The increasing adoption of lightweight rigid plastics is one of the key drivers propelling the growth of this market in the coming years. Lightweight packaging is becoming, increasingly, popular among the consumers as it helps in the significant reduction of transportation and carriage costs, leading to increased profits. The cosmetics and oral care segment is expected to witness huge growth in the future due to improved lifestyle, globally. The factors have, significantly, benefitted the global market for cosmetic packaging and are expected to lead to healthy growth opportunities for the market in the next few years as well.
Scope of the report
This study provides an overview of the global Cosmetic Jars Packaging market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Cosmetic Jars Packaging market by material, application and region.
Key Players
The key players of global Cosmetic Jars Packaging market includes Amcor Ltd. (Australia), Albea Group (Luxembourg), CCL Industries (Canada), Sonoco Products Company (U.S.), Sinclair & Rush, Inc. (U.S.), Essel Propack Ltd (India), Huhtamaki (Finland), Montebello Packaging (Canada), World Wide Packaging LLC (U.S.), Unette Corporation (U.S.) and others.
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