Key Players Activities Driving the Asia-Pacific Cosmetic Packaging Market

Asia-Pacific cosmetic packaging market is anticipated to showcase considerable CAGR of 5.6% during the forecast period (2021-2027). With the growing cosmetic industry across the region, the cosmetic packaging providers across the Asia-Pacific are making conscious efforts to generate huge revenue by delivering required packaging solutions to the cosmetic manufacturers. For this purpose, they are adopting different growth strategies such as production capacity expansion, product innovation, new product launches, and mergers & acquisitions among others to remain competitive in the marketplace. For instance, in January 2020, Albéa Group has announced to open its new plant in Huai’an, China.

Browse the full report description Asia-Pacific Cosmetic Packaging Market Size, Share & Trends Analysis Report by Material (Plastic, Metal, Glass, Paper, Others) by Product Type (Plastic Bottles & Containers, Glass Bottles & Containers, Corrugated Boxes, Tubes & Sticks, Caps & Closure, Metal Containers, Others) by Cosmetic Type (Skin Care, Hair Care, Color Cosmetics, Deodorants, Others) Forecast period (2021-2027) at https://www.omrglobal.com/industry-reports/asia-pacific-cosmetic-packaging-market

This new facility at Huai’an, China will serve as the centre of excellence for the manufacturing of metal parts for Albéa’s cosmetic and skin care packaging. The plant will expand in steps to eventually include state-of-the-art injection, decoration and assembly. Through this new facility expansion, the company intends to capitalize money on the growing e-commerce opportunities.Further on December 2019, Shiseido Co., Ltd. announced its plans to open two more cosmetic production facility in Japan before 2022 with a total investment of $1,138 billion. The opening this facility will further create the demand for packaging solutions which in turn will drive the market growth.

Market Coverage

• Market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered- 

o By Material Type

o By Product Type

o By Cosmetic Type

• Competitive Landscape- Amcor PLC, DS Smith PLC, Graham Packaging LP, HCP Packaging Co., Ltd., Cosmopak Corp.

Key questions addressed by the report

• What is the market growth rate?
• Which segment dominates the market in base year?
• Which segment will project fastest growth in the market?
• How COVID-19 impacted the market?

o Deviation from pre-COVID forecast

o Most affected segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Asia-Pacific Cosmetic Packaging Industry Market Report Segment

By Material Type

• Plastic
• Metal
• Glass
• Paper
• Others

By Product Type

• Plastic Bottles & Containers
• Glass Bottles & Containers 
• Corrugated Boxes
• Tubes & Sticks
• Caps & Closure
• Metal Containers
• Others

By Cosmetic Type 

• Skin Care
• Hair Care
• Color Cosmetics
• Deodorants
• Others

Asia-Pacific Cosmetic Packaging Industry Market Report Segment

• China
• Japan
• India
• South Korea
• Rest of Asia-Pacific