Expanding demand for cosmetic packaging market

 The cosmetic packaging market was worth USD 26.29 billion in 2019 and is predicted to grow to USD 32.86 billion by 2025, with a CAGR of 3.7 percent between 2020 and 2025. Glass is one of the oldest packaging materials, and one of the top ongoing trends in glass packaging is eco-friendly/recyclable packaging. Most glass packaging goods are 100 percent recyclable and may be recycled indefinitely without losing quality or purity, with 80 percent of recovered glass being used to create new glass products.

  • The market under investigation has been driven by rising cosmetics usage. Factors such as expanding demand for cosmetics in emerging markets, rising consumer awareness, changing consumption patterns and lifestyles, a higher value placed on personal grooming, and rising awareness of beauty products have fueled investments in companies that produce novel packaging products.
  • Furthermore, as a result of increased awareness of diseases such as skin cancer, Alzheimer's, allergies, and congenital disabilities, the popularity of natural and organic cosmetics has grown significantly in recent years. Synthetic beauty products are laden with chemicals, resulting in increased exposure to diseases such as skin cancer, Alzheimer's, allergies, and congenital disabilities. The largest portion (about 40%) of the natural and organic beauty products market in the United States has been accounted for by skincare products.
  • The market analysed has been driven by an increased focus on innovation and appealing packaging. Cosmetic firms have been adopting novel packaging solutions, such as the use of recyclable plastic and compostable and biodegradable plastics, in response to rising customer demand for practical and user-friendly dispensing systems and products.The Dial Dual Lip (DDL) is a Nest Filler innovation that is ideal for lip care products. It's a 2.8ml lip moisturiser and 2.8ml lip scrub combo that's designed to soothe and mend chapped lips.
  • Additionally, businesses have been seeking to create a natural product that is eternally recyclable and has a high shelf appeal. Roberts Metal Packaging's 50ml aluminium jar, modified with a transparent inside lacquer, was chosen for its appropriateness for warm moist situations like the bathroom or shower.
  • Growing sustainability concerns have restricted the market's ability to expand. Plastic is the most common material used to package cosmetics, accounting for over half of all materials used to package cosmetics. This has become a serious concern because the plastic containers are non-biodegradable.
Read more @https://gettingachange.wordpress.com/2021/06/21/expanding-demand-for-cosmetic-packaging-market/Cosmetic Packaging Equipment Market Global Trends, Market Share, Industry Size, Growth | Cosmetic packaging, Marketing, Packaging

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