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the global demand for silicone , paper , melamine , and bamboo is also expected to get a boost from the cosmetic packaging market .
Luxury goods are expected to push the demand for glass-based cosmetic packaging , powered by developed economies such as the U . S ., the U . K ., and Germany . In comparison with other materials , the adoption of metals is still low and will continue to remain so due to its higher cost .
High Demand for Cosmetics to Fuel Market Growth
The global market of cosmetic packaging is segmented on the basis of geography into North America , Europe , Asia Pacific , and Rest of the World . Asia Pacific is known to lead the market in terms of total demand and held a share of about 32.5 % in 2016 . High concentration of manufacturers as well as buyers of cosmetics and cosmetic packaging solutions in the region is the key factor driving the market . Due to the adoption of the China Plus One policy , numerous manufacturers of cosmetic products and cosmetic packaging products in China are able to set up production facilities in ASEAN countries such as Indonesia and Malaysia , thereby fuelling the demand for various packaging solutions . Growing consciousness for anti-aging products and a prosperous e-commerce sector in the region are also expected to fuel the demand for cosmetic packaging over the forecast period . On the other hand , the Latin America and the Middle East & Africa markets are projected to witness comparatively slower growth over the forecast period .
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The leading players in the global cosmetic packaging market include Albea S . A ., Fusion Packaging , Quadpack Industries , RPC Group Plc , Aptar Group Inc ., Gerresheimer AG , Libo Cosmetics Company , Ltd ., Amcor Limited , HCP Packaging , and ABC Packaging Ltd .
Table of Contents :
1 . Global Cosmetic Packaging Market - Executive Summary 2 . Research Methodology 3 . Assumptions and Acronyms Used