European cosmetic packaging market is anticipated to showcase considerable CAGR of 2.6% during the forecast period (2021-2027). With the growing cosmetic industry across the region, the cosmetic packaging providers across the Europe are making conscious efforts to generate huge revenue by delivering required packaging solutions to the cosmetic manufacturers. For this purpose, they are adopting different strategic growth activities such as production capacity expansion, product innovation, joint venture, and mergers & acquisitions among others to remain competitive in the marketplace. For instance, in January 2020, Induplast SpA had done acquisition of Vedano Olona (Varese)-based Verve SpA that engages in production and distribution of bottles, tottles and jars.
Browse the full report description European 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/europe-cosmetic-packaging-market
With this acquisition, Induplast SpA will be able to offer customers with the increased production technologies of injection molding, blow molding and stretch blow molding, with an expanded catalog of packaging products and distribution channels, across three production and logistic sites, plus a modern workshop for the creation of molds. Furthermore, in March 2019, ACME Cosmetic Components and Dr. Franke GmbH & Co. KG had formed a European joint venture to produce and market its range of metal packaging for the color cosmetics industry. The forming of such joint ventures in Europe is anticipated to drive the cosmetic packaging market across the region.
Market Coverage
o By Material Type
o By Product Type
o By Cosmetic Type
Key questions addressed by the report
o Deviation from pre-COVID forecast
o Most affected segment
European Cosmetic Packaging Industry Market Report Segment
By Material Type
By Product Type
By Cosmetic Type
European Cosmetic Packaging Industry Market Report Segment
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