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Cosmetics And Personal Care Packaging Equipment Market Expected To Encourage Expansion At A $5.6 Billion By 2025: Grand View Research Inc.

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Cosmetics And Personal Care Packaging Equipment Market Expected To Encourage Expansion At A $5.6 Billion By 2025: Grand View Research Inc.

February 24
10:50 2020
Cosmetics And Personal Care Packaging Equipment Market Expected To Encourage Expansion At A $5.6 Billion By 2025: Grand View Research Inc.

Grand View Research, Inc. – Market Research And Consulting.
The growth is backed by the rising consumer preference for healthier and personalized products along with the rising investments in developing novel and innovative packaging technologies.

The global cosmetics and personal care packaging equipment market size is anticipated to reach USD 5.6 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to exhibit a CAGR of 5.4% over the forecast period. The growth is backed by the rising consumer preference for healthier and personalized products along with the rising investments in developing novel and innovative packaging technologies.

Stringent government regulations on reducing plastic use, ban on single use plastics, and increasing recycling targets has surged the demand for sustainable packaging solutions. In addition to the cost savings from using less amount of materials, end-user companies are opting for machines that offer reduced energy and water usage along with lower greenhouse gas emissions.

Tripartite effort by local government and foreign and domestic enterprises to establish better distribution infrastructures is projected to drive the demand for transport and distribution packaging. These factors are expected to surge the market growth of associated packaging machinery sales over the next seven years.

The cosmetics and personal care packaging equipment manufacturers are moving toward acquiring integrated and Artificial Intelligence (AI) enabled machinery to reduce human errors and to improve the energy and cost utilization. In addition, growing demand for vacuum machinery for cosmetics and personal care products in order to gain aseptic packaging, is expected to stimulate the product demand over the forecast period.

To Gain More Insights into the Market with Detailed Table of Content and Figures, Click Here –

https://www.grandviewresearch.com/industry-analysis/cosmetics-personal-care-packaging-equipment-market

U.S. cosmetics and personal care packaging equipment market size, by product, 2014 - 2025 (USD Million)

Further key findings from the report suggest:

  • The demand for wrapping/bundling/palletizing machinery is anticipated to experience stronger growth over the forecast period owing to the rapidly developing logistics and domestic infrastructures along with the rising penetration of e-commerce across the globe

  • Skincare segment is expected to contribute 26.5% of the overall market in terms of revenue by 2025 owing to the increasing demand for herbal, organic, and natural products along with the rising concerns pertaining to skin conditions among the populace

  • China is anticipated to witness a CAGR of 7.2% in terms of revenue over the forecast period because of the burgeoning economies, population growth, greater automation of manufacturing, increase in mean wealth and a rising interest in health and wellness

  • Europe accounted for the second largest revenue share in 2018, owing to the high demand for highly flexible, automated, and efficient equipment along with the rising consumption of consumer goods in countries such as Italy, Germany, U.K., and France

  • The cosmetics and personal care packaging machinery manufacturers are focusing on investing in R&D and innovation to secure a portfolio with competitive options to cater the demand for integrated and automated machines

Request a Sample Copy – https://www.grandviewresearch.com/industry-analysis/cosmetics-personal-care-packaging-equipment-market/request/rs1

Global cosmetics and personal care packaging equipment market share, by application, 2018 (%)

 

Product Insights
In terms of product, the cosmetics and personal care packaging equipment market is categorized into filling, labeling, cleaning, form-fill-seal, cartoning, wrapping, and palletizing. The demand for labeling equipment is anticipated to witness a CAGR of 5.4% over the forecast period, owing to the increasing consumption of label-intensive non-durable goods along with a rising need for shippers to accurately track items for security and safety reasons, especially in the personal care industry.

Application Insights
In terms of application, the market for cosmetics and personal care packaging equipment is categorized into skincare, haircare, decorative cosmetics, bath and shower, and perfumes. The rising demand for hair care and styling products to suit myriad customer profiles coupled with the changing consumer shift towards personalized products and new trend of mix-your-own products is anticipated to drive the segment growth in near future.

Regional Insights
The demand for cosmetics and personal care packaging machinery is growing exponentially in the developing regions, such as Middle East and Africa and Asia Pacific on account of the burgeoning economies, population growth, greater automation of manufacturing, increase in mean wealth and a rising interest in health and wellness.

Request For [email protected] https://www.grandviewresearch.com/request-for-customization/6970/rfc

Grand View Research has segmented the global cosmetics and personal care packaging equipment market on the basis of product, application, and region:

Cosmetics & Personal Care Packaging Equipment Product Outlook (Revenue, USD Million; 2014 – 2025)

  • Filling

  • Labelling

  • Cleaning

  • Form-Fill-Seal

  • Cartoning

  • Wrapping

  • Palletizing

Cosmetics & Personal Care Packaging Equipment Application Outlook (Revenue, USD Million; 2014 – 2025)

  • Skin Care

  • Hair Care

  • Decorative Cosmetics

  • Bath and Shower

  • Perfumes

  • Other Applications

Cosmetics & Personal Care Packaging Equipment Regional Outlook (Revenue, USD Million; 2014 – 2025)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • France

    • Germany

    • Italy

    • Netherlands

    • Russia

    • Spain

    • U.K.

  • Asia Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

  • Central & South America

    • Brazil

  • Middle East & Africa

    • Saudi Arabia

Have Any Query? https://www.grandviewresearch.com/inquiry/6970/ibb

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/cosmetics-personal-care-packaging-equipment-market

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