Cosmetic Tubes Market Will Exceed $3.4 Bn By 2027

(Market Prediction via Comtex)

The global Cosmetic Tubes Market is estimated to grow at a healthy CAGR of over 4.6% during the forecast period 2020 to 2027 and reach a valuation of over US$ 3.4 Bn. The market report provides an analysis of the global Cosmetic Tubes Market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2019 is considered as the base year.

Cosmetic tubes, is used as one of the creative packaging options used for cosmetic items packaging. They are containers used to hold, store and deliver a beauty product to the target market. Cosmetic tubes is typically a primary style packing, because it comes into close contact with the drug. This contains the beauty component and is protected by another box for protective reasons known as secondary packaging. Such tubes will support and preserve and store cosmetic products. The secondary labeling of the tube may be printed, and can be used to support new products by customers.

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Market dynamics and challenges

The main drivers of the industry’s growth are the progress of urbanization and the increase in disposable income of consumers. Urbanization is a factor that increases disposable income and promotes the supply of various cosmetic products, and as a result, expands the possibilities of related companies in the industry and increases the demand for cosmetic tubes. To meet consumer demand for cosmetics, industry leaders take a more efficient and simpler approach to providing personalized solutions with simple and small items like cosmetic tubes. looking for. The barrier attribute of cosmetic tubes that prevents the components from being contaminated is also an important factor in promoting the growth of the cosmetic tube industry.

Market-controlling plastic segment

The plastic material type segment has the largest market share in the market, thanks to its excellent properties, and plastics are widely used in the manufacture of cosmetic tubes. The plastic material does not react with the cosmetics contained in the tube and has a function of protecting the contents from external chemical agents. The segment will lead the global market with strong market share over the next few years and is expected to grow steadily during the period 2019-2026.

Prospects by region

Demand for cosmetic tubes is expected to grow significantly in the Asia-Pacific region. The biggest factor is the presence of countries with a huge customer base in the cosmetics market, such as Japan and China. In addition, there are many suppliers of plastic materials in this region that are essential for cosmetic tubes, which is a major factor in increasing demand in the Asia-Pacific region. In emerging economies such as India and China, improving lifestyles and living standards are important development factors. The launch of products with aesthetic added value, such as Eco-Plastic tube packaging, is also planned for customers in the Asia Pacific region. Meanwhile, undercut contractors in key sections of the Middle East and Africa, such as South Africa and Saudi Arabia, are also shifting from traditional packaging to more creative packaging with the aim of increasing demand in the near future.

About the market

Cosmetics such as facial make-up, lipsticks and eye care have brought a complete package of beauty and a wide range of investment opportunities. On the other hand, the shift in the consumer environment has put pressure on producers of cosmetic packages to adopt a wide range of items. Cosmetic tubes are an important tool for the manufacture and distribution of cosmetics. A variety of translucent and laminated tubes for high-end cosmetics and natural cosmetics are also available in the international cosmetic tube market. The beauty industry has grown steadily thanks to the increasing number of women entering the workplace and changing habits. With the advent of "metrosexual" men, personal care and beauty pursuits are no longer limited to women.

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Major players and strategies

Due to the large number of players entering the market, the cosmetic tube industry is extremely competitive. In the future, creativity (design, technology, implementation) and collaboration will create sustainable competitiveness. As a result, new entrants have no handicap in reaching the market, and competition is becoming more intense. As a result, established companies in the industry have established strong strategic approaches that are characterized by high demand for investment, mergers and acquisitions, and R & D.

The main players included in this report are listed below. LINHARDT GmbH & Co. Kg, East Hill Industries, LLC., Berry Group Inc., Hoffmann Neopac AG, Essel Propack Limited, Alby. ・ Beauty Holdings (Albea Beauty Holdings SA), Montebello Packaging, CCL Industries (CCL Industries Inc.), etc.

In February 2018, Berry Global Group, Inc. launched Clopay Plastic Products Company, Inc. from Griffon Corporation at a value of 475,500. It was acquired for $ 10,000 (about 51.7 billion yen). The Clopey acquisition is closely tied to the company’s core business plan.

Market segment

Cosmetic tube market (by material )

  • metal
  • plastic
  • Laminating

Cosmetic tube market (by application )

  • hair care
  • skin care
  • Make up
  • Other

Market By Geography

(Regional Output, Demand & Forecast by Countries)

  • North America (USA and Canada)
  • Europe (UK, Germany, France, Spain and Rest of Europe)
  • Asia Pacific (China, Japan, India, Australia, South Korea and Rest of Asia-Pacific)
  • Latin America (Mexico, Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, South Africa and Rest of MEA).

TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

CHAPTER 4. COSMETIC TUBES MARKET BY MATERIAL

CHAPTER 5. COSMETIC TUBES MARKET BY APPLICATION

CHAPTER 6. NORTH AMERICA COSMETIC TUBES MARKET BY COUNTRY

CHAPTER 7. EUROPE COSMETIC TUBES MARKET BY COUNTRY

CHAPTER 8. ASIA-PACIFIC COSMETIC TUBES MARKET BY COUNTRY

CHAPTER 9. LATIN AMERICA COSMETIC TUBES MARKET BY COUNTRY

CHAPTER 10. MIDDLE EAST & AFRICA COSMETIC TUBES MARKET BY COUNTRY

CHAPTER 11. COMPANY PROFILE

CHAPTER 12. RESEARCH APPROACH

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