Home » Chemicals » Cosmetic Packaging Market Research – Estimated At 5 Percent CAGR From 2013 To 2018

The worldwide cosmetic packaging market is predicted to expand at about 5 percent CAGR from 2013 to 2018. The said phase is also known as forecast period. The market is projected to attain around USD 32, 384 million by 2018. Owing to augmented awareness regarding products of anti-aging among women who are more than 30 years old and increased demand for skin whiteners in Asia Pacific, the worldwide cosmetic packaging market is anticipated to increase in the years to come.

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The market is fragmented into materials, applications, kinds and geographies. The materials market is sliced on the basis of metals, plastics, glasses, papers and others. The applications cosmetic packaging market consists of nail care, hair care, skin care, makeup and others. The kinds sector is sliced into sticks, tubes, bottles, pen kinds, jars and containers, caps and closures, roller balls, pumps and dispensers and others. The geographies cosmetic packaging market is sliced on the basis of four regions, namely Asia Pacific, North America, Europe and rest of the world.

The worldwide cosmetic packaging market is effervescent. With gigantic prospects and escalating tendencies of clients, the market is anticipated to undergo considerable expansion in the future. North America leaded the worldwide market and occupied 29 percent share in 2012. Asia Pacific is anticipated to expand at the greatest CAGR owing to growing financial conditions and augmenting clients aware of their beauty requirements.

Rising population and notable demand for beauty products steer the cosmetic packaging market in emergent nations. India and China are estimated to be the most swiftly developing regions.

Cosmetic Packaging Market Research

Information Source: ptanewsroom