Cosmetic tubes and jars market is projected to grow at a CAGR of 5.32% over the forecast period of 2017 to 2023. Rising global aging population and expanding urbanization has resulted in deeper penetration of cosmetics which in turn is propelling the cosmetic tubes and jars market growth. Emerging e-retailing trends owing to rising penetration of smartphones and mobile devices along with internet connectivity is augmenting the demand and sales for personal care products, thus, positively impacting the growth of global cosmetic tubes and jars market. Geographically, EMEA will contribute significantly to the demand for these packaging solutions on account of high disposable income coupled with the presence of global cosmetic brands in the region.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the cosmetic tubes and jars value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the Cosmetic Tubes and Jars market.
Major industry players profiled as part of the report are Cosmopak, The Libo Cosmetics Company Ltd., HCP Packaging, Albéa Group, and DuPont among others.
Cosmetic tubes and jars market has been segmented by type, by material, by applications, and by geography:
Middle East and Africa