DUBLIN, April 1, 2022 / PRNewswire / – “Cosmetic Tubes and Jars Market – Forecasts 2021-2026” Report Added to by ResearchAndMarkets.com offering.
The market for cosmetic jars and jars is expected to grow at a CAGR of 5.32% over the forecast period of 2019-2026. The demand for cosmetic packaging can be attributed to the growing youth population and the increase in demand for cosmetic products around the world. Cosmetic packaging refers to the wrapping of cosmetic products such as cans, tubes, pouches, bags and others. The cosmetic industry suffers less impact from economic fluctuations and is constantly growing. With the growing penetration of the internet and e-commerce around the world, the demand for cosmetic products has increased.
Due to the high demand for cosmetics by the millennial population who are constantly concerned and become aware of the health and beauty of their body and have a growing need to find a cure for the problem that occurs with the hair, face and parts of the body. The growth of the market is attributed to the growing popularity of cosmetics and beauty care products that require proper storage and attractive packaging.
Many brand owners in the cosmetics industry have shown a preference for multilayer laminate tubes for product packaging due to their property of providing great barrier protection along with wrinkle elimination. Airless packaging is another popular trend in the industry.
By application, the skincare segment is the largest segment of the cosmetic packaging market. This segment is dominating the market due to the growing demand for skincare and personal care products around the world. By geography, Asia-Pacific and the Middle East And Africa it represented the largest market share in the cosmetic tubes and jars sector. This increase in demand in the respective regions is due to the high disposable income of the population and the increasingly young population.
With the growing demand for cosmetics, the need for packaging tubes and jars has also increased. To meet the growing demand for packaging tubes and jars, various suppliers have brought innovative offers to the market. Victor Packaging, a supplier of recyclable cosmetic tube packaging in Thailand, has developed packaging tubes using recycled materials to reduce the environmental impact of packaging. Global Packaging Inc. has developed a tube with a ratchet on the tube head and a ratchet on the pump, which ensures a perfect tight assembly. Albea, a supplier of packaging solutions, has developed a tube equipped with a drip delivery system for liquid formulations.
New packaging technologies, numerous cosmetic packaging exhibitions and trade shows are promoting various new packaging techniques. Cosmoprof (CPNA) is one of the leading B2Bbeauty trade shows in America. It is recognized for its dynamic growth and unique programs. CPNA serves as the primary springboard for new beauty brands, introducing new packaging technologies, product innovations, and new channels for distribution, packaging and manufacturing solutions. Beauty expo 2021, 5th international trade fair specialized in the beauty sector. This exhibition will talk about new brands, innovative solutions, the latest ingredients, raw materials used in packaging, product labeling, regulatory solutions and more.
With the outbreak of covid-19, several cosmetic brands and outlets were closed, which ultimately had a negative impact on the cosmetics industry.
The growing demand for cosmetic products has led to the entry of numerous new players into the market for cosmetic tubes and jars. Now, in order to increase their clientele and increase their market share in the coming years, many of these market players have taken various strategic actions such as partnerships and the development of new solutions, which should keep the market competitive and ever changing.
Key topics covered:
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market segmentation
4.2. Market driver
4.3. Market restrictions
4.4. Market opportunity
4.5. Porter’s five forces analysis
4.5.1. Bargaining power of suppliers
4.5.2. Bargaining power of buyers
4.5.3. Threat of newcomers
4.5.4. Threat of substitutes
4.5.5. Competitive rivalry in the industry
4.6. Life Cycle Analysis – Regional Snapshot
4.7. Market attractiveness
5. MARKET OF COSMETIC TUBES AND JARS BY TYPE
6. MARKET OF COSMETIC TUBES AND JARS BY MATERIAL
7. MARKET OF COSMETIC TUBES AND JARS BY APPLICATION
7.1. Skin care
7.2. Hair care
8. MARKET OF COSMETIC TUBES AND VASES BY GEOGRAPHY
8.1. North America
8.2. South America
8.4. Middle East And Africa
8.4.1. Saudi Arabia
8.4.2. United Arab Emirates
9. COMPETITIVE INTELLIGENCE
9.1. Recent offers and investments
9.2. Strategies of key players
9.3. Investment analysis
10. COMPANY PROFILES
10.2. Libo Cosmetics Company Ltd
10.3. HCP Packaging UK Ltd
10.4. Albea Group
10.5. DuPont de Nemours, Inc.
10.6. Mary Kay Inc.
For more information on this report, please visit https://www.researchandmarkets.com/r/rhuj9w
Research and Markets
Laura WoodChief director
For EST office hours Call + 1-917-300-0470
For US / CAN call toll free + 1-800-526-8630
For GMT office hours Call + 353-1-416-8900
Fax USA: 646-607-1907
Fax (outside the US): + 353-1-481-1716
View original content: https://www.prnewswire.com/news-releases/global-cosmetic-tubes-and-jars-market-to-2026—featuring-cosmopak-hcp-packaging-uk-and-mary – kay-among-others-301515869.html
SOURCE Research and Markets