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Cosmetics Packaging Market Will Reach 33 Billion US Dollars, Plastic Packaging Contributed
Sep 22, 2017

According to the latest data released by Transparency Marketing Research, the world's leading market research firm, the cosmetics packaging industry is expected to reach $ 33 billion, or about 223.5 billion yuan, by 2024.


    The cosmetics packaging industry in 2015 is valued at $ 23 billion, while the latest research shows that the industry's compound annual growth rate will stabilize at 4.4% between 2014 and 2024. Asia Pacific, the Middle East and Latin America and other emerging markets more and more cosmetic consumers, is considered the main driving force for the growth of the cosmetics packaging industry. Analysts pointed out that the Asia-Pacific region is the main source of income for the market. In 2016, the region accounted for 32.5% of the global cosmetics packaging market, and this figure is expected to remain in the forecast period.


    Transparency market research shows that as more and more young people gradually urbanization, access to more disposable income, cosmetics packaging industry is one of the driving force for growth. "Packaging innovation may have a greater impact on young people, and this is just the main target group for most cosmetic companies," the analysis said.


    With the development of packaging materials and packaging technology, plastic bottles are widely used in cosmetics, washing supplies packaging, such as polystyrene, polyvinyl chloride, polyethylene, polypropylene and other low prices, rich source and good shape of plastic materials , Can be made into a variety of structures and shapes of plastic bottles, and can carry out a variety of decorative and loaded design, better play the packaging sales function.


    In recent years, due to the rapid development of plastic bottles in the design, decoration, material selection, molding technology and technology, it is in the cosmetics, detergent packaging applications more and more widely in the role of packaging materials and status more and more The more prominent.


    Its widely used in the industry, mainly for the following reasons:


    1. To facilitate the packaging marketing design, can improve product competitiveness;


    2. Plastic bottle specifications of the diversity, to meet the different levels of consumption;


    3. The diversity of plastic materials to meet the needs of different packaging products;


    4. In-mold labeling technology to improve the application of cosmetics, detergent packaging grade;


    5. Some cosmetics use spray packaging and other forms of packaging to facilitate the use of consumers.


    So the plastic is expected to remain the preferred cosmetics packaging in the future. However, due to the growing use of glass in high-end products, it will also occupy the "important share." Environmental protection is a hot topic in recent years, the use of paper and wood packaging will also be on the rise.



Rise Cosmetic Packaging CO.,LTD

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Email:ceo@risepack.com