Global Cosmetics and Personal Care Packaging Equipment Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
“Global Cosmetics and Personal Care Packaging Equipment Market” is an upcoming report by MarketResearch.biz. The global cosmetic and personal care packaging equipment market segmentation allows for deeper understanding and thought, to decisively assess, analyze, and study. Besides revenues for segments, global, regional, and country-wise, market revenue segmentation will be compiled in a fastidious manner for clear flow and understanding. The analysis will be conducted using expert opinions and inputs, as well as comprehensive primary and secondary research efforts to determine various aspects of the cosmetics and personal care packaging equipment market. The global cosmetics and personal care packaging equipment market report will be segmented on the basis of product, application, and region.
Personal care packaging includes a wide range of products like fragrances, skincare products, bath & shower products, and cosmetics as well. Packaging can be in the form of cases, cans, tubes, bottles, pouches, bags & jars, etc. This market is endorsed by increasing consumer preferences for healthier, personalized and convenient products that are also affordable.
The development of new and innovative packaging technologies in segments such as personal care and cosmetics is slated to steer positive market growth. Manufacturers focused on using biodegradable materials to create sustainable packaging will contribute to the rising demand for cosmetic and personal care packaging equipment over the coming years.
The e-commerce industry has made a big splash globally, and the packaging needed in an e-commerce supply chain differs from that used in a conventional retail outlet. The escalating requirement for adaptable packaging solutions is expected to boost product demand over the foreseeable future.
Cosmetic and beauty market players are witnessing a steady decline in sales due to fickle consumer preferences and alacritous competitors, none more so than in the US market. The global cosmetics and personal care packaging equipment market is slated to experience tardier growth due to factors such as increasing demand for over-the-counter, economical products in emerging economies like India and China coupled with general economic uncertainties.
With regard to the product aspect, the market is sectioned into – labeling, form-fill-seal, cleaning, filling, palletizing, cartooning, and wrapping. Due to an increase in the consumption of non-durable, labor-intensive products, coupled with the fact that shippers require to track their products for safety reasons is slated to increase the CAGR for labeling equipment over the forecast period.
Filling machines are a prominent product type in the industry of packaging equipment due to its low maintenance costs, high-performance ratio, and user-friendly characteristics. Factors like the rise in digitization and the demand for improved efficiency greatly affect the cosmetics and personal care packaging equipment market.
In terms of application, the market is categorized into – haircare, bath & shower, skincare, perfumes, and decorative cosmetics. The rising demand for hair styling and care products for customer profiles of various types paired with a shift towards personalized products is slated to increase the segment’s growth in the foreseeable future. Due to the rising demand for natural products, the skin care segment has grown exponentially in recent times. This factor paired with an increased insistence for sustainable packaging is expected to boost the growth of this segment in the coming years.
There is an exponential demand for cosmetic and personal care packaging equipment in emerging economies like the Middle East & Africa, as well as the Asia Pacific regions respectively. This can be accredited to a vast growth in populations, an increase in mean wealth, mushrooming economies, greater automation of manufacturing, etc. In Europe, the demand for packaging equipment is anticipated to grow over the coming years due to high levels of urbanization, fickle consumption patterns of consumers as well as single-use personal care packaging products. An increasing number of investments by manufacturers to incorporate new features is slated to increase the demand for these products in the foreseeable future.
Global Market Segmentation:
Global market segmentation, by Product:
Global Market Segmentation by Application :
- Skin Care
- Hair Care
- Decorative Cosmetics
- Bath and Shower
- Other Applications
Global market segmentation, by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Wimco Ltd.
- Bosch Packaging Technology Inc.
- Marchesini Group S.p.A.
- Prosys Innovative Packaging Equipment
- AMET Packaging Inc.
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