ReleaseWire

Global Skincare Packaging Market Grow at a CAGR of 4.9% and Expected to Reach USD 21.23 Billion by 2026 from USD 13.80 Billion in 2017

Posted: Monday, May 13, 2019 at 12:12 PM CDT

Lewes, DE -- (SBWire) -- 05/13/2019 --The Global Skincare Packaging is accounted for $13.80 billion in 2017 and is expected to reach $21.23 billion by 2026 growing at a CAGR of 4.9% during the forecast period. Increased premiumization of skincare products and advancement in printing technology are some of the key factor driving market growth. However, the fluctuation in raw material prices is hindering the growth of the market.

The term skincare packaging is used for skincare containers which are also known as primary packaging and secondary packaging of fragrances and skincare products. Skincare products are substances intended for human cleansing, beautifying and promoting an enhanced appearance without altering the body's structure or functions. Skincare packaging is standardized by an international norm set by the International Organization for Standardization and regulated by national or regional regulations such as those issued by the EU or the FDA. Marketers and manufacturers of cosmetic products must be compliant with these regulations to be able to market their cosmetic products in the corresponding areas of jurisdiction.

Based on Material, the plastic segment accounted for considerable market share during the forecast period. Plastic remains as the most preferred material by the manufacturers in the overall market due to its cost-effectiveness, flexibility and wide usage across various beauty applications. The Asia Pacific is mostly fuelled by the manufacturing industries. Use of skin lightening cosmetics produce is expected to increase in regions of Asia Pacific whereas use of anti-aging cosmetics will increase in India in the coming years. Emerging economies like China and India are anticipated to increase the growth of this market in the Asia Pacific.

Some of the key players profiled in the Skincare Packaging include ABC Packaging Ltd, Albea S.A., Alovey Cosmetic Packaging Co Ltd, Amcor Limited, Aptar Group Inc, Coverpla S.A., Essel Propack Ltd, Fusion Packaging, Gerresheimer AG, HCP Packaging, HCT Group, Libo Cosmetics Company Ltd, Quadpack Industries, Rise Cosmetic Packaging Co Ltd, RPC Group Plc, Saverglass sas, Smurfit Kappa Group PLC, Swallowfield Plc and The Packaging
Company.

Materials Covered:
- Glass
- Metal
- Paper
- Plastic
- Other Materials

Packagings Covered:
- Bottles
- Jars
- Pumps & Dispensers
- Sachets
- Tubes
- Other Packaging's

Products Covered:
- Body care
- Depilatories
- Facial Care
- Hand Care
- Make-Up Remover
- Sun Care

Regions Covered:

- North America
US
Canada
Mexico

- Europe
Germany
UK
Italy
France
Spain
Rest of Europe

- Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific

- South America
Argentina
Brazil
Chile
Rest of South America

- Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends

Spanning over 164 pages "Skincare Packaging - Global Market Outlook (2017-2026)" report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Skincare Packaging Market, By Material, Global Skincare Packaging Market, By Packaging, Global Skincare Packaging Market, By Product, Global Skincare Packaging Market, By Geography, Key Developments, Company Profiling.

Please visit this link for more details: https://www.marketresearchreports.com/stratistics-mrc/skincare-packaging-global-market-outlook-2017-2026

Find all Packaging Reports at https://www.marketresearchreports.com/packaging

For related reports please visit: https://www.marketresearchreports.com/search/site/Skincare%20Packaging

Read our Interactive Market Research Blog

About MarketResearchReports.com
MarketResearchReports.com is world's largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global & regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.

Contact us for your market research requirements: https://www.marketresearchreports.com/contact

Skincare Packaging - Global Market Outlook (2017-2026)