March 25, 2021 08:38 ET | Source: Research and Markets Research and Markets

Dublin, March 25, 2021 (GLOBE NEWSWIRE) -- The "Cosmetic Packaging Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering. The cosmetic packaging market is expected to grow at a CAGR of 3.7% over the forecast period (2021-2026). The packaging in the cosmetic industry has gone leaps and bounds in recent years. The cosmetic industry has the most varied packaging requirements of all the other sectors. The materials used vary from different metals from glass, paper, and Plastics, and these materials are used to make containers with different shapes and sizes and dispensing mechanism.

Plastic in the form of primary containers, secondary flexible pouches, caps, and closure, and the nozzle is one of the cosmetic industry's primary packaging materials. The plastic tube is one of the significant containers in the cosmetic industry as it can store liquid-solid and semisolid materials and dispense products in the controlled proportions. Also, the, when compared to other containers tubes, can provide better contamination protection.

To cater to the increasing demand for tubes, various suppliers have come up with innovative offerings in the market. Sally Hansen, a major cosmetics manufacturer in the global market, developed a squeezable tube paired with an applicator tip with Topline's help. Additionally, Albea, a packaging solution provider, developed a Teardrop tube, which has a drop-by-drop dispensing system for liquid formulations, on a tube. Also, Cosmogen offered a revised tube version of its Squeeze'N Roll package, with an attached massage roller. Furthermore, Global Packaging Inc. had also developed a tube with a ratchet on the head of the tube and a corresponding ratchet on the pump, ensuring a perfect leakproof assembly by applying the predetermined torque while protecting the accidental opening.

Enterprises are also looking to drive the change with a plan to combat climate change and reduce the environmental impacts of packaging. For instance, Stora Enso, in 2019, introduced barrier-coated, grease-resistant paperboard tubes for cosmetics packaging. This tube packaging method is suitable for the primary packaging of skin cream products and is considered a new, climate-friendly alternative to plastic tubes. But the cosmetics industry now seems united on reducing the impact of plastic pollution, with new thoughtful packaging strategies and advanced formulations. In 2018, Lalique's limited-edition fragrance- Seduction was introduced in the market. The product was packed in a three-dimensional snake design that wraps around the flacon. The bottle's material is the crystal, a luxurious glass type that is known for superior clarity and heavier weight.

Besides, several cosmetic packaging exhibitions and trade shows are promoting various new packaging technologies. For example, Cosmo Tech Expo is the biggest manufacturing solutions trade show in India, for the cosmetic, personal care, perfumery, and toiletries markets. The expo brings together exhibitors to display the latest ingredients, raw materials, packaging, labeling, machinery, OEM and private labeling, testing, lab equipment, and regulatory solutions, offered by over 8,000 manufacturers worldwide. Similarly, CPNA (Cosmoprof North America) is the most awarded B2B beauty event in the Americas. CPNA has been recognized as the premier launching platform for launching new beauty brands, offering unique, innovative products, and gathering information about new channels of distribution, packaging, and manufacturing solutions.

Key Market Trends Plastic is Expected to Hold Significant Share

North America is Expected to Significant Share

Competitive Landscape The cosmetic packaging market is highly competitive, and the market comprises several global and regional players. Innovation and ease in deployment and usage, which have bee leading to end-to-end customer satisfaction through the product, have been the key factors driving the product innovation and strategies among the market players. The key players are Silgan Holdings Inc. and DS Smith PLC, among others. The recent developments in the market studied are -

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Key Topics Covered: 1 INTRODUCTION 1.1 Study Assumptions and Market Definition 1.2 Scope of the Study 2 RESEARCH METHODOLOGY 3 EXECUTIVE SUMMARY 4 MARKET DYNAMICS 4.1 Market Overview 4.2 Market Drivers 4.2.1 Increasing Consumption of Cosmetic Products 4.2.2 Increasing Focus on Innovation and Attractive Packaging 4.3 Market Restraints 4.3.1 Growing Sustainability Concerns 4.4 Industry Value Chain Analysis 4.5 Industry Attractiveness Porter's Five Forces Analysis 4.5.1 Bargaining Power of Suppliers 4.5.2 Bargaining Power of Buyers 4.5.3 Threat of New Entrants 4.5.4 Threat of Substitute Products 4.5.5 Intensity of Competitive Rivalry 5 IMPACT OF COVID-19 ON THE INDUSTRY 6 MARKET SEGMENTATION 6.1 By Material Type 6.1.1 Plastic 6.1.2 Glass 6.1.3 Metal 6.1.4 Paper 6.2 By Product Type 6.2.1 Plastic Bottles and Containers 6.2.2 Glass Bottles and Containers 6.2.3 Metal Containers 6.2.4 Folding Cartons 6.2.5 Corrugated Boxes 6.2.6 Tubes and Sticks 6.2.7 Caps and Closures 6.2.8 Pump and Dispenser 6.2.9 Droppers 6.2.10 Ampoules 6.2.11 Flexible Plastic Packaging 6.3 By Cosmetic Type 6.3.1 Hair Care 6.3.2 Color Cosmetics 6.3.3 Skin Care 6.3.4 Men's Grooming 6.3.5 Deodorants 6.3.6 Other Cosmetic Types 6.4 Geography 6.4.1 North America 6.4.1.1 United States 6.4.1.2 Canada 6.4.2 Europe 6.4.2.1 United Kingdom 6.4.2.2 Germany 6.4.2.3 France 6.4.2.4 Italy 6.4.2.5 Spain 6.4.2.6 Rest of Europe 6.4.3 Asia-Pacific 6.4.3.1 China 6.4.3.2 India 6.4.3.3 Japan 6.4.3.4 Australia 6.4.3.5 South Korea 6.4.3.6 Indonesia 6.4.3.7 Thailand 6.4.3.8 Rest of Asia-Pacific 6.4.4 Latin America 6.4.4.1 Brazil 6.4.4.2 Mexico 6.4.4.3 Argentina 6.4.4.4 Rest of Latin America 6.4.5 Middle East & Africa 6.4.5.1 United Arab Emirates 6.4.5.2 Saudi Arabia 6.4.5.3 South Africa 6.4.5.4 Rest of Middle East & Africa 7 COMPETITIVE LANDSCAPE 7.1 Company Profiles 7.1.1 Albea SA 7.1.2 HCP Packaging Co. Ltd 7.1.3 RPC Group PLC (Berry Global Group) 7.1.4 Silgan Holdings Inc. 7.1.5 DS Smith PLC 7.1.6 Graham Packaging LP 7.1.7 Libo Cosmetics Company Ltd 7.1.8 AptarGroup Inc. 7.1.9 Amcor PLC 7.1.10 Cosmopak Ltd 7.1.11 Quadpack Industries SA 7.1.12 Rieke Corporation 7.1.13 Gerresheimer AG 7.1.14 Raepak Ltd 7.1.15 Ball Corporation 7.1.16 Verescence France 7.1.17 SKS Bottle & Packaging, Inc 7.1.18 Altium Packaging (Loews Corporation) 8 FUTURE OUTLOOK OF THE MARKET

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