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Cosmetic Packaging Equipment Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast

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The advent of cloud-based systems and other technological advancements have altered the radical concept of cosmetic packaging equipment and packaging assembly lines.
Cosmetic Packaging Equipment Market Global Trends, Market Share, Industry Size,
Growth, Opportunities, and Market Forecast 2019 to 2026
The advent of cloud-based systems and other technological advancements have
altered the radical concept of cosmetic packaging equipment and packaging
assembly lines. The rise in demand for easy to dispense containers that also facilitate
the appropriate amount of product, as well as the aesthetics of a product, has
shaped the cosmetic packaging equipment trends affirmatively. The automation and
integration of the cosmetic packaging equipment provide with tangible benefits like
minimal wastage during packaging, reduced accidental hazards, enhanced brand
perception, reduced cost, time and effort as compared to traditional packaging
methods.
Global Cosmetic Packaging Equipment Market Facts and Figures
Owing to the above demands and competitive opportunities, the global cosmetic
packaging equipment market is estimated to register at a CAGR of 6.2% during the
forecast period of 2019-2026. According to the in-depth analysis by FutureWise, the
overall global market value is foreseen to surpass $ 5 billion by 2026 end.
Key Expansions and Acquisitions in Cosmetic Packaging Equipment
Olcott Plastics, a well-known supplier of packaging products to the beauty and
healthcare sectors was recently acquired by Pretium Packaging backed by Genstar
capitals.
Principal provider of cosmetic packaging components, plastic tubes, and
formulation/filling machinery i.e. World Wide Packaging LLC, was purchased in April
2019 by Bain Capital Private Equity. Bains is also planning to take over a Chinese
cosmetics packaging manufacturer. Thus mergers of these three entities are
forecasted to present fair competition as a fully integrated solutions provider.
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Global Cosmetic Packaging Equipment, by Machine Type:
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Form/Fill/Seal Machinery
Wrapping Machinery
Labelling Machinery
Test and Detection Machinery
Laminating and Delaminating Machinery
Packaging Machinery Accessories
Closing Machinery
Form/fill/seal machinery segment remains the major revenue generator among
other cosmetic packaging equipment machine types. The versatile package forming
ability, facility to fill both wet/dry products and capacity to seal the niche looking
packaging are the major features that would continue to fuel the upward CAGR
trends for this segment in the coming years. Form/fill/seal machinery coupled with
innovative real-time vision inspection techniques is expected to drive the positioning
of market players during the forecast period.
Global Cosmetic Packaging Equipment, by Product Type:
• Jars
• Bottles
• Pumps
• Tubes
• Dispensers
Global Cosmetic Packaging Equipment, by Material Type:
• Paper
• Glass
• Plastic
• Metal
Paper is lightweight, easy to mould and bio-friendly, hence it remains the segment
leader amongst the material type segmentation and expected to grow at an
impressive CAGR in the near future. Apart from recycling benefits, the novelties to
increase the barrier properties of paper and the use of 3D printing for branding
would be major trends for years to come.
Global Cosmetic Packaging Equipment, by Region:
• Europe
• North America
• APAC
• Latin America
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Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
FutureWise Key Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global cosmetic packaging
equipment based on machine type, product type, material, and by region
• To cater comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and overall market
• To predict market size, in key regions (along with countries)—North America,
Europe, Asia Pacific, Latin America, and the Middle East and Africa
• To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and
core competencies
Browse Corresponding Packaging Market Research Reports & Consulting
Inquire further details about this report at: [email protected]
About FutureWise Research:
We specialise in high-growth niche markets, assuring flexibility, agility and
customised solutions for our clients. Through in-depth market insights and
consultancy, we present our clients with the tools they need to be at the forefront of
their industry – a position secured for far more than the near future.
Contact Us:
Company Name: FutureWise Research
Contact Person: Vinay Thaploo
Email: [email protected]
Phone: +44 141 628 9353 / +1 970 279 4295
City: Leeds
Country: United Kingdom
Website: www.futurewiseresearch.com
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