2016-08-22 16:34:52

Report Says Global Cosmetic Packaging Market to Grow

2016-08-22 16:34:52

According to a report from Dublin-based Research and Markets, "Global Cosmetic Packaging Market 2016-2020," the global cosmetic packaging market is forecast to grow at a CAGR of 5.07% during the period 2016-2020.
 
The report covers the present scenario and the growth prospects of the global cosmetic packaging market for 2016-2020. To calculate the market size, the analyst considers the sales of packaging material by plastic packaging, glass packaging, and metal packaging.
 
The report was prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects over the coming years.
 
Key findings? Research And Markets says: “Vendors have begun to adopt recyclable and eco-friendly packaging products due to growing environmental concerns. The demand for innovative designs and colors in packaging products and focus on packaging for brand differentiation are the primary drivers of the market. Plastic is emerging as the material of choice for cosmetic packaging because of its versatile nature. However, the rising price of plastic resins acts as a barrier to growth.”

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