Global Lip Care Products Packaging Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2026

MarketResearch.biz delivers in-depth insights on the global lip care products packaging market in its upcoming report titled, “Global Lip Care Products Packaging Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026”. The global lip care products packaging market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global lip care products packaging market report has been segmented on the basis of material type, application, packaging type, and region.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Lip care products provide protection to lips form dust, harmful sun rays, and drying. Lip care products contain paraffin, beeswax, camphor, flavors, cetyl alcohol, lanolin, paraffin, petrolatum, fragrances, sunscreens, etc. Manufacturers use various types of materials such as metal, paperboard, glass, and plastic for packaging lip care products.

Rising demand for lip care packaging in multi-functional and organic lip care products are major factors expected to drive growth of the global market over the forecast period. In addition, increasing per capita income and availability of variety of organic and natural lip care products are other factors expected to fuel growth of the target market. Furthermore, increasing consumer preference to attain presentable appearance is expected to create potential opportunities for cosmetics industry. This factor is expected to support growth of the target market in the near future.

However, chemicals such as lead, petrolatum, cadmium chromium, and parabens are used for manufacturing lip care products, that are harmful to human health which are major factors expected to restrain growth of the lip care products market, thereby adversely affecting the target market over the forecast period. In addition, lower physical stability of plastic tubes is another factor which is expected to hamper growth of the target market in the near future.

Ongoing trend observed in the target market is increasing personal grooming among working men and women, coupled with high standard of living. Increasing adoption of green packaging in cosmetics industry and offering unique customization are expected to create potential revenue opportunities for players operating in the target market.

The market in Europe is expected to account for highest share in the target market in terms of revenue over the forecast period, owing to increasing preference of consumers in the region towards online shopping. The market in Asia Pacific is expected to register highest CAGR over the forecast period, owing to increased affordability of products, increased availability of variety of lip care products, and increasing consumer preference towards local and international brands in various countries in the region. The market in North America is expected to register steady growth in terms of revenue over the forecast period.

Global lip care products packaging market segmentation:

Segmentation by material type:

• Metal
• Paperboard
• Glass
• Plastic

Segmentation by application:

• Brushes
• Roll-ons

Segmentation by packaging type:

• Lip Care Tins
• Lip Care Jars
• Lip Care Tubes
• Lip Care Bottles

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa