Global Bulk Packaging Market for Cosmetics Industry is predicted to grow at 8.19% CAGR by 2028

Pune, India, July 07, 2017 /MRFR Press Release/- Market research future published a cooked research report on global Bulk Packaging Market for Cosmetics Industry. The market for global Bulk Packaging Market for Cosmetics Industry is expected to grow over the CAGR of 8.19% during the period 2021 to 2028

Market Highlights:

The global bulk packaging market for cosmetics industry are majorly driven by the change in the taste and preferences of the consumer for use of cosmetic products. Due to the rising affluence and the growing consciousness about grooming and appearance, among individuals, the potential of the cosmetics market is growing. This is driving the demand for use of bulk packaging for storage and transportation of cosmetics. The market is also driven by the growth in the end-use segments of the cosmetic industry such as skin care, hair care and baby care among others.  

Drivers

Market Research Analysis:

Based on all kinds of materials used in global bulk packaging market for cosmetics industry, the plastics accounted for the largest share and is expected to grow at a CAGR of 8.19% during the forecast period. The growth of plastic can be attributed to various factors such as average gains associated with the material over steel drums in terms of cost, weight and corrosion resistance.

Based on all kinds of products, pails are expected to grow the highest. The growth can be attributed to their performance and cost advantages in small volume applications. Drums will also continue to be a critical product for the packaging of larger sized products due to their relatively low cost, reusability, and effectiveness in the safe transport of hazardous materials.

Global Bulk Packaging Market for Cosmetics Industry

Scope of the Report:

This study provides an overview of the global bulk packaging market for cosmetics industry, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global bulk packaging market for cosmetics industry by its material, product, application and region. 

By Material Type

• Plastic


• Metal


• Paper & paperboard


• Others

By product Type

• Pails


• Drums


• Bulk boxes


• Shipping sacks


• Material handling containers


• Others

By Region

• North America 


• Asia Pacific 


• Europe


• Rest of the World  

Key Players:

The key players of global bulk packaging market for cosmetics industry report include Berry Plastics Group, Inc. (U.S), BWAY Corporation (Georgia), Georgia-Pacific LLC (U.S.), Greif incorporated (U.S), Mauser Group B.V. (Germany), Menasha Corporation (U.S.), Rehrig Pacific Company (U.S.), Remcon Plastics, Inc. (U.S.), SchoellerAllibert (Netherlands), Westrock Company (U.S.) and others.

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