Bulk packaging companies focus on providing solutions for transporting and storing large quantities of goods efficiently. These companies cater to industries dealing with bulk materials, chemicals, and agricultural products. Bulk packaging may include containers, bags, or drums designed to withstand the rigors of transportation and storage. These companies contribute to supply chain efficiency by offering robust and secure packaging options for bulk goods.
February 2023
CJ Biomaterials, located in Woburn, Massachusetts, is advancing its environmentally friendly amorphous polyhydroxyalkanoate (aPHA) technology to a commercial level. For the Clean It Zero Ceramide Cleansing Balm, the company has introduced its first cosmetics jar in Asia, made from its aPHA. It's the first cosmetic jar made with amorphous polyhydroxyalkanoate (PHA) technology, developed by CJ Biomaterials. Additionally, it represents CJ Biomaterials' debut into the injection moulding industry.
The product, from Banila Co. in Korea, comes packaged in an injection-molded jar composed of polylactic acid (PLA) and CJ Biomaterials' PHACT aPHA. CJ Olive Young health and beauty stores all over South Korea sell the balm.
PHACT, according to CJ Biomaterials, is a more flexible and softer form of PHA that exhibits distinct performance attributes from crystalline or semi-crystalline PHA. Bacterial fermentation of sugar from natural sources like corn, sugar cane, cassava, and cellulosic biomass produces PHACT.
May 2023
Tosca has introduced a new life cycle analysis (LCA) tool that encourages businesses to use its foldable Intermediate Bulk Container (IBC) solutions in order to cut down on greenhouse gas emissions, water use, and fossil fuel consumption during bulk liquid transportation.
The tool, which reportedly has the support of the Sustainable Packaging Coalition, makes use of Trayak's Compass platform to analyse how much water and fossil fuels a company uses, as well as how much greenhouse gas emissions it emits with its present container fleet. Tosca's reusable, foldable IBCs are compared to these indicators in order to provide life cycle assessment (LCA) data regarding the impact of the change from birth to death.
The most prominent major key players in the bulk packaging market for cosmetic industry in the global market are as follows:
Bulk packaging market for the cosmetic industry is expected to grow at a high CAGR of 8.19% to account for a high market value of approximatelyUSD 15.24 Billion by 2028, during the forecasted period from 2021 to 2028.
The tertiary level packaging that contains various personal care products and cosmetics products in bulk quantities by using different distribution channels is commonly known as the bulk packaging market for the cosmetic industry in the global market. Owing to the various benefits provided by the bulk packaging market for the cosmetic industry it is growing tremendously like protection of the high valued cosmetic product from any kind of shocks, drops, vibration and from natural factors as well like dust, wind, and rain. With the advancement in technology and emerging trade policies now trade can be facilitated in different countries as a result the bulk packaging market for the cosmetic industry helps in delivering the cosmetic product across the international borders and within domestic borders.
The bulk packaging market for the cosmetic industry in the global market is divided based on region into Asia-Pacific region, Europe region, North America region, and the rest of the world. The largest share in the bulk packaging market for the cosmetic industry in the global market is held by the Asia-Pacific region as this region has expanded its product line in the cosmetic industry that will be available at e-retailing and which will be more affordable. Also, the increase in personal disposable income has increased which drives the demand for the bulk packaging market for the cosmetic industry.
The second-largest market share in the bulk packaging market for the cosmetic industry in the global market is held by the North American region owing to an increase in consumption of cosmetics in various countries like the U.S. and Canada which facilitates higher demand for the bulk packaging market for the cosmetic industry in the global market. The third-largest position in the bulk packaging market for the cosmetic industry is held by the European region owing to the increase in demand for cosmetic products in various fields.
The most prominent major key players in the bulk packaging market for cosmetic industry in the global market are as follows:
The situation of the global pandemic of COVID 19 has affected the normal lives of the people in the worst situation possible. Now, everyone has to deal with financial crises along with the health situation. Owing to the situation of lockdown and post lockdown situation most of the manufacturing units were shut down which has pushed the economies towards forced recession. The bulk packaging market for the cosmetic industry has also suffered due to this lockdown situation and resulted in the downfall of revenues along with a steep downfall in the profit margin in the global market.
It is expected that the bulk packaging market for cosmetic industry in the global market will recover from this global pandemic situation at the end of the second quarter of the coming year in the forecasted period.
The bulk packaging market for the cosmetic industry is increasing at an alarming rate in the global market owing to the increase in change of taste and preferences of the consumer which demands innovative bulk packaging material. Also, the hike in the personal disposable income of various developed countries, as well as developing countries, drives the bulk packaging market for the cosmetic industry.
The growth of the bulk packaging market for cosmetic industry in the global market because of various growth opportunities available in the market during the forecasted period. The growing consciousness about appearance and grooming results in higher demand for cosmetic products hence the high demand for the bulk packaging market for cosmetic products in the global market. Another factor that provides growth opportunities in the bulk packaging market for cosmetic products in the global market is the increasing awareness and use of hair care, baby care, and skin care products in all the emerging countries.
The bulk packaging market for the cosmetic industry in the global market is growing tremendously during the forecasted period but some factors restrict the growth of the bulk packaging market for cosmetic industry like the rules related to the use of the basic key ingredient used for packaging namely plastic and its recycling. Also, with the changing market trend, it becomes difficult to adapt according to the changing environment for many countries which restricts the growth of the bulk packaging market for the cosmetic industry.
The bulk packaging market for cosmetic products is increasing rapidly owing to various benefits associated with it like the protection of cosmetic products from light, heat, humidity, and various other climatic factors. Also, it helps in the protection of products during transport. Also, owing to strict rules now the package contains all the vital information regarding ingredients related to the product.
The bulk packaging market for the cosmetic industry in the global market is divided based on material and product.
The bulk packaging market for the cosmetic industry in the global market is divided based on material into paper and paper board material, metal material, plastic material, and other material. The largest share in the bulk packaging market for cosmetic industry is held by the plastic material owing to various benefits compared to steel drums material as it is corrosion-resistant, less weight, and less cost.
The bulk packaging market for the cosmetic industry in the global market is divided based on products into bulk boxes, material handling containers, shipping sacks, drums, pails, and others. The largest share in the bulk packaging market for the cosmetic industry is held by the pails dividend owing to its cost advantage and efficiency in their performance in small volume applications.
These prominent market key players in the bulk packaging market for cosmetic industry in the global market by using various strategies like product innovation, development of new production processes, expansion plans, collaboration, mergers and acquisitions, partnership for tapping the potential market for expanding the customer base in the global market.
In October 2018, one company named Mauser Packaging Solutions has been formed by the collaboration of Industrial Container Services (ICS) and BWAY, MAUSER Group, National Container Group (NCG) for achieving sustainability in supply chains, natural resources, growth opportunities, and packaging performance in one company.In July 2019, RPC Group PLC (RPC) was acquired by Berry Global Group, Inc. by making an investment of approximately USD 6.5 billion that will add value protective solutions for the plastic packaging companies in the cosmetic
This global bulk packaging market for cosmetic industry research report consists of the following elements:
This global bulk packaging market for cosmetic industry research report consists of the factor that drives the growth of the bulk packaging market for the cosmetic industry along with the factors that restrict its growth. The growth opportunities in the bulk packaging market for the cosmetic industry during the forecasted period are also mentioned along with the impact of COVID 19 on the bulk packaging market. The future growth rate of the bulk packaging market for the cosmetic industry is also estimated and mentioned.
Manufacturers, raw material suppliers, aftermarket suppliers, research institutes and education institutes, potential investors, and many others.
Bulk Packaging Market Highlights:
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