Introduction to Packaging
Packaging is the most significant process in industries
owing to the direct effect of packaging on the consumer market and
global economy. Packaging is more than just the outer appearance of the
product, it directly affects the global sales and shipments of the
product. Thoroughly designed packaging fulfills the requirements of the product eventually reducing environmental impacts on both the product and its package.
The packaging can be type of :
- Boxes and Pallets
- Crates and Labels
- Bottles and Tubes
- Containers and Jars
- Caps and Closures
- Pen types
- Pumps and Dispensers
- Bags and Sacks
- Tape and materials for wrapping, binding.
- Food and Beverages
- Healthcare
- Cosmetics
- Consumer goods.
- Various industrial sectors.
What is Cosmetic Packaging ?
Cosmetic Packaging can be defined as any materials used to wrap
around a cosmetic consumer product that perform the duties like to protect,
contain, handle, deliver, identify, display and presentation of
processed or raw cosmetic goods. Cosmetic packaging ensures hygiene of that product.
The Cosmetic Packaging Market
The cosmetic products demand have increased in recent years due trending urbanization in various countries. the trend to look younger and sustainability of health has evolved as the greatest factor for growth of cosmetic products range. This eventually has given an impetus to the cosmetic packaging industries to boost the production and delivery of new and environment friendly cosmetic packaging solutions to fulfill the packaging preference of consumers for cosmetics.
Classification of Cosmetic Packaging Market
The Cosmetic Packaging Market can be segmented and analyzed on the basis of following :
Application
- Skin care
- Make-up
- Hair care
- Nail care
Geography
- North America
- Europe
- Asia-pacific
- Rest of World (ROW)
Materials
- Plastic (Flexible and Rigid)
- Paper and Cardboard
- Glass
- Metal
- Others (ceramic etc.)
The following figure gives an overlook of the market revenue for materials used in cosmetic packaging.
Cosmetic Packaging Market Value Share, By Material, 2012
 |
| Source : MarketsandMarkets Analysis |
Market Trends and Forecast
The cosmetic packaging market trend is influenced by many factors which affect the packaging demand and preference irrespective of the economy. These factors are :
- The ageing of the world population.
- Health awareness among consumers.
- The trend towards 'on-the-go' lifestyles among consumers.
- Increasing awareness of environmental issues, and the adoption of new regulatory requirements on packaging recycling.
- New packaging material development.
The key players in the market include Amcor Ltd. (Australia), HCP Packaging (China), Albea (France), etc.
The cosmetic packaging market is expected to reach $32,824 million by 2018 with a compound annual growth rate of 5.4%. The cosmetic packaging machinery is valued approximately $2,510 million by 2018. North America is market leader globally and will maintain its lead in coming years. Asia-Pacific led the cosmetic packaging machinery market followed by Europe and North America.
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