The Cosmetics And Personal Care Packaging Equipment Global Market Report 2023, provides comprehensive information on the cosmetics and personal care packaging equipment market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Cosmetics And Personal Care Packaging Equipment Market’s Growth:
The global cosmetics and personnel care packing equipment market size is expected to grow from $4.30 billion in 2022 to $4.75 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global cosmetics and personnel care packing equipment market size is expected to reach $6.82 billion in 2027 at a CAGR of 9.5%.
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Creating sustainable packaging by using biodegradable materials, is a key trend gaining popularity in the cosmetics and personnel care packing equipment market. Companies operating in the cosmetics and personnel care packing equipment market are adopting new technologies to sustain their position in the market. For instance, in November 2022, CJ Biomaterials, Inc., a US-based bioengineering company, introduced Wakeme Water Velvet Vegan Cushion, a new biodegradable cosmetic case. It is uniquely made PHA (polyhydroxyalkanoate) and PLA (polylactic acid) which improves the impact resistance and the creation of elegant shapes. It is eco-friendly packaging made using vegan cosmetic ingredients to improve the mechanical properties of PLA.
The cosmetics and personal care packaging equipment market is segmented:
1) By Product: Filling, Labeling, Cleaning, Form-Fill-Seal, Cartoning, Wrapping, Palletizing
2) By Material: Plastic, Glass, Metal, Others
3) By Application: Skin Care, Hair Care, Decorative Cosmetics, Bath And Shower, Perfumes, Others
Europe was the largest region in the cosmetics and personal care packaging equipment market in 2022.
The table of contents in TBRC’s cosmetics and personal care packaging equipment market report includes:
1. Executive Summary
2. Cosmetics And Personal Care Packaging Equipment Market Characteristics
3. Cosmetics And Personal Care Packaging Equipment Market Trends And Strategies
4. Cosmetics And Personal Care Packaging Equipment Market - Macro Economic Scenario
5. Cosmetics And Personal Care Packaging Equipment Market Size And Growth
....
26. Africa Cosmetics And Personal Care Packaging Equipment Market
27. Cosmetics And Personal Care Packaging Equipment Market Competitive Landscape And
Company Profiles
28. Key Mergers And Acquisitions In The Cosmetics And Personal Care Packaging Equipment Market
29. Cosmetics And Personal Care Packaging Equipment Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
Wimco
Marchesini Group S p A
Bosch Limited
Ronchi Mario S p A
AMET Packaging Inc.
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With the increase in awareness regarding the harmful effects posed by synthetic chemicals, consumers are now abstaining from using chemical infused products.
This led to an increase in awareness among consumers across the globe, resulting in an increase in the demand for natural products.The organic and bio-based beauty boom is part of the recent shift in consumer awareness about wellness, health, and the environment.
In addition, due to a growing number of social media influencers and beauty blogs, awareness, and easy availability of information regarding the toxin-free ingredients has significantly risen.
This is pushing the growth of the adoption of bio-based cosmetics and personal care ingredients market globally.Supply chain analysis refers to an approach of analyzing organizations, people, information, activities, and resources engaged in changing a product or service from supplier to end-user.
The supply chain of bio-based cosmetics and personal care ingredients consists of different stages:Stage 1: Raw Material Provider for Bio-Based Cosmetics and Personal Care IngredientsThis stage includes the raw material provider for bio-based cosmetics and personal care ingredients.
Raw materials which are used for the manufacturing of bio-based cosmetics and personal care ingredients are derived from plant and animals.
