Request
Demand for Eco-friendly Materials High in Cosmetic Packaging Industry
No of Pages – 29 Publishing Date- December, 2016
Browse detailed TOC, Tables, Figures and Charts in Global Serial Device Server Consumption 2016 Market Research Report at- http:// www. mrrse. com / cosmeticpackaging-market
Market Research Reports Search Engine( MRRSE) announces the addition of a new report titled‘ Cosmetic Packaging Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016- 2024’, which analyzes the trends, drivers and restraints, and competitive landscape of the market.
The report is published by Transparency Market Research( TMR) and estimates that the Global cosmetic packaging market will grow at a steady CAGR of 4.4 % in the forecast period between 2016 and 2014. It is also predicted that the market will grow from a value of US $ 23 bn in 2015 to US $ 33 bn by 2024.
Eco-friendly Materials Preferred for Cosmetic Packaging Solutions
Glass, paper, plastic, wood, and metal are the most commonly used materials for packaging cosmetics. In terms of both volume and value, the plastics segment currently leads the global cosmetic packaging market and is projected to account for a 50.0 % share in the global market throughout the forecast period. However, the numero uno position held by plastics is expected to be threatened due to increased demand for eco-friendly products such as paper, wood, and metals. This is projected to limit the growth of the plastics segment.
Request
Sample The demand for eco-friendly material is growing due to the implementation of strict environmental laws, rising awareness, and competitive benefits. In the coming years,