The global cosmetic packaging market is projected to grow to be worth $60.9 billion by 2025, according to a new report by Markets and Markets.
The market will rise by $49.4 billion in 2020, at a CAGR of 4.03% from 2020 to 2025, the report states.
The report is divided by packaging type and material. Sections include glass, metal, rigid, paper-based, and flexible packaging. It is also divided by category, such as skincare, hair care, oral care, sun care, fragrance, and color cosmetics.
Bottles Are Most in Demand
In terms of value and volume, bottles are most in demand. Bottles, by type, accounted for the largest market share among all the types of cosmetic packaging - due to an increase in demand for bottles from personal care and hair care manufacturers.
Bottles can be custom decorated, and printed with unique patterns. Bottles are an ideal choice for lotions, body wash, shampoos, conditioners, and many more products.
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Skincare Dominated Last Year
Skincare, by application, accounted for the largest demand for cosmetic packaging in 2019, in terms of value and volume.
This dominant market position is attributed to a boost in demand for new and innovative skincare ranges such as face creams, anti-aging creams, sunscreens, and others.
With the boost in the demand for personal grooming products, the demand for its packaging has also gone up, which has created an opportunity for the growth of the skincare segment in the cosmetic packaging market.
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As we talk about the global market, it is getting massively high with emerging demand for hair extension boxes.
To give your hair extensions better and long-lasting protection, the use of custom design boxes is the best option left for you.
You can look for the boxes packaging available in a diversity of designs and shapes to opt-out.
These boxes have the actual value which is just understood by the cosmetic stores or the beauty centers that are having them.
They know the fact that hair extension boxes, packaging cheap have significantly been used today by cosmetic companies to a significant degree for better protection.
You might be using the product in the shipping process which can ruin the whole beauty of the hair extension.
Propanol Market: An Overview The global propanol market was valued at USD 4.21 billion in 2019 and is expected to reach USD 6.96 billion by 2027, with a CAGR of 6.5 percent.
They are also used in the production of chemicals such as acetone, glycerol, isopropyl acetates, isopropyl amines, isopropyl esters and MIBK.
n-Propanol is used as one of the main raw materials in the cosmetics industry as it can limit the foaming propensity of finished products and decrease the thickness of liquids.Propanol Market: Key PlayersRoyal Dutch Shell Plc.The Dow Chemical CompanyEastman Chemical CompanyTokuyama CorporationLCY Chemical Corp.Central Drug HouseRidhdhi Sidhdhi ChemicalsSasol LimitedSolventisTo Request for a PDF Sample, Click Here @ https://www.reportsanddata.com/sample-enquiry-form/2104Augmented demand for household and personal care products, as well as pharmaceutical industry expansion, has driven the growth of the propanol market.
Increased demand for paints and coatings due to the growing automotive and construction industries will also add to the stimulus.Propyl alcohol is extensively used as a solvent and cleaning fluid for dissolving oils, and includes cleaning eyeglasses, magnetic tape, contact pins on ROM cartridges, disc heads, disc drives, laser lenses on optical disc drives, CD, DVD and thermal paste removal from heatsinks and IC packs.
The market for propyl alcohol will grow in the coming years due to the compound’s wide applications in the chemical and solvent industries and the increasing technological advances in the application industries.
Stringent rules and regulations and an increase in emphasis on green solvents due to high VOC emissions are factors that may affect the propanol market.Propanol Market: SegmentationFor the purpose of this report, Reports and Data has segmented Propanol Market on the basis of Types, End-use and region:By Type (Volume, Kilo Tons; Revenue, USD Million; 2017–2027)IsopropanolN-PropanolBy Application (Volume, Kilo Tons; Revenue, USD Million; 2017–2027)PharmaceuticalChemicalPaint and coatingHousehold and personal health careotherRegional Outlook (Volume, Kilo Tons; Revenue in USD Million; 2017–2027)North AmericaEuropeAsia PacificMiddle East & AfricaLatin AmericaTo get a Discount on the Propanol Market Report, Click @ https://www.reportsanddata.com/discount-enquiry-form/2104Asia Pacific has held a dominant market share of 39.5 percent and will continue to record the fastest growth over the forecast period due to rising demand for propanol in developing economies such as India, Indonesia and China.
