Current location: Home > News > Industry News > Cosmetic packaging market in the future will continue to be active

Cosmetic packaging market in the future will continue to be active

2019-08-09 15:35:08

Categories:Industry News Visit:757 release time:2019-08-09 15:35:08
Source: Author:

According to a business report, the cosmetics packaging market will be worth $33 billion by the end of 2024, and cosmetics demand will continue to grow steadily every year from 2016 to 2024.

It has been said that the growing elderly population is an important force to promote the development of the cosmetic industry. With the improvement of people’s economic income and quality of life, many people over 30 are willing to spend money on cosmetic products.In addition, attracting first-time customers through unstable lifestyles, enhanced cosmetic packaging solutions, and the convenience of small package sizes reduces a large amount of investment, which has become some of the other factors that increase the demand of the global cosmetic packaging market.

The cosmetic industry is an important part of the overall personal care market, so the adoption rate of cosmetic packaging is higher than other industries. cosmetics packaging   materials mainly include paper, glass and plastic, and if subdivided, polyethylene (PEE), polypropylene (PP), polyethylene terephthalate (PET) and other materials. Many manufacturers hope to protect their products for a longer period of time by using impressive packaging and building brand names.