Cosmetic Packaging Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The cosmetic packaging market will witness a CAGR of 3.7% over the forecast period. Packaging in the cosmetic industry has gone leaps and bounds in recent years. The cosmetic industry has the most varied packaging requirements among the other sectors. The materials used vary from different metals from glass, paper, and Plastics, and these materials can make containers with different shapes and sizes and dispensing mechanisms.
Key HighlightsThe cosmetic packaging market is highly competitive and comprises several global and regional players. Innovation and ease in deployment and usage, leading to end-to-end customer satisfaction through the product, have been the key factors driving product innovation and strategies among the market players. The key players are Silgan Holdings Inc. and DS Smith PLC.
March 2022 - During the MakeUp in Los Angeles tradeshow, WWP Beauty, a premier full-service provider to the international beauty industry, unveiled a lineup of fresh and environmentally friendly turnkey, packaging, and accessory collections.
July 2022 - Quadpack launched recyclable stick packaging for the solids market. Beauty packaging manufacturer Quadpack has launched a new packaging range for solid cosmetic stick formulas.
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