The Aluminum Packaging for Cosmetics Industry report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.
— The global aluminum packaging for cosmetics market is prophesied to create profit-making opportunities with the rise of the young population across the world. Changing lifestyles, increase in skin problems, and massive growth of the cosmetics industry are predicted to augment the demand for cosmetic products, which could in turn raise the requirement of cosmetics packaging.
The recyclable nature of aluminum packaging materials and their various benefits such as in-line printing, contemporary appearance, customization, and modern designing could attract strong demand in the global aluminum packaging for cosmetics market. In July 2019, Josie Maran Cosmetics, a US argan oil and natural skin care and cosmetics products company, partnered with American recycling business TerraCycle to allow recycling of its cosmetics packaging.
Favorable Properties of Aluminum to Increase its Suitability for Cosmetics Packaging
Increasing demand for a range of skin care cosmetic products owing to changing climatic conditions affecting the skin and growing consciousness about appearance is predicted to strengthen the growth of the global aluminum packaging for cosmetics market. Introduction of interesting aluminum packaging solutions in the cosmetics industry could help improve the demand in the global market. Adoption of aluminum packaging materials can allow manufacturers to use special shaping options and various lithographic printings. Moreover, aluminum has anti-corrosion, lightweight, and other favorable properties such as good strength.
Rising internet penetration supporting the growth of e-commerce is anticipated to increase the requirement of packaging solutions in lucrative industries such as cosmetics. This could augur well for the global aluminum packaging for cosmetics market.
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● High demand for innovative packaging solutions in the cosmetics industry to increase market growth
● Application in skin care products industry to increase with growing demand for anti-aging and other products
● Asia Pacific to grow faster with the rise of the cosmetics industry and robust demand for anti-tanning products
● Companies to launch more eco-friendly options to appeal to more number of customers
Players to Increase Global Reach through Partnerships and Agreements
The global aluminum packaging for cosmetics market witnesses the presence of top vendors such as ALLTUB, Shaoxing CosPack Co., Ltd., Eastar Cosmetic Packaging, Envases, ACME Cosmetic Components, Cosmopak, Tournaire, Aludium, Vetroplas Packaging, Bluesky Solutions, Neville and More, and Roberts Metal Packaging. Players are prophesied to offer eco-friendly solutions and concentrate on increasing the visual appeal of their products to attract more end users.
Manufacturers are expected to sign partnerships and agreements to expand their business and product portfolio. In March 2019, ACME Cosmetic Components formed a joint venture with Dr. Franke GmbH & Co. KG to offer various metal packaging solutions in Europe’s color cosmetics industry.
By Product Type
● Skin Care Products
● Color Cosmetics
● Deodorants and Perfumes
● Hair Care Products
The report covers key product type segments of the global aluminum packaging for cosmetics market such as bottles, cans, tubes, and containers. Each segment is deeply assessed while largely focusing on its market share, CAGR, and future growth potential. Among applications, analysts expect skin care products to secure a leading market share due to the massive demand for anti-wrinkle, sun protection, and anti-aging products. Higher preference for aluminum packaging material compared to its plastic counterpart in the skin care products market could support the growth of this application segment.
Regionally, researchers anticipate Asia Pacific to show quicker growth in the global aluminum packaging for cosmetics market as it rides on high demand for different types of cosmetics, especially anti-tanning products. Increasing awareness about various advantages associated with the use of aluminum for cosmetics packaging could further push the demand in the Asia Pacific market. On the other hand, North America is predicted to bank on the innovation of cosmetic products and adoption of new cosmetics packaging techniques to gain growth in future.
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Table of Contents
Overview of the Report: The report starts with research scope, major players studied by the authors, years considered for the research study, objectives of the study, and analysis of market share by application and market size growth rate by type.
Global Growth Trends: Here, the size of the global Bio-pharma market is studied along with sales and revenue analysis. This section also includes industry trends and analysis of the growth rate of the global Bio-pharma market by region.
Regional Analysis: All of the regions and countries analyzed in the report are studied on the basis of revenue, sales, and share in the global Bio-pharma market.
Company Profiles: Almost all leading companies operating in the global Bio-pharma market are profiled in this section, taking into account their recent developments, market share, and other vital factors.
Market Forecast: Apart from revenue and sales forecast of the global Bio-pharma market, this section provides forecast of all
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