Cosmetics Packaging Companies Expected to Gain Steady Profits in Coming Years, Reports Visiongain23 Jul 2012 • by Natalie Aster
Cosmetics packaging is one of the essential factors which cosmetic companies must take into account when trying to capture consumer attention in crowded market-places. The importance of cosmetics packaging to the success of cosmetic products has meant that companies operating in the sector are expected to gain steady profits throughout the coming years. Various consumer trends have also served to both increase the quantity of packaging sold and increase the value of packaging sold, increasing the value of cosmetic packaging markets. As a consequence, the value of the global cosmetics packaging market in 2012 is expected to reach $24.0bn.
Several consumer-driven trends are impacting the cosmetics packaging markets. The average consumer in the mature industrialised nations is aging, and demanding more of premium cosmetics packaging. Heightened popularity of male grooming, particularly in the emerging markets, is increasing cosmetics consumption in hair care and facial skincare sectors. The consumers are also increasingly looking for added value in the cosmetics they buy, and cosmetics producers are seeking to create this via adding integrated applicators and innovative techniques to the packaging of the products. All these factors are enabling solid growth prospects for the global cosmetics packaging markets.
The new report "The Cosmetics Packaging Market 2012-2022" by Visiongain states that national cosmetics packaging markets in US, Japan and major European countries will remain central to the cosmetics packaging market over the forecast period to 2022, as premiumisation of cosmetics drives the development of cosmetics packaging. Growth within emerging markets in Asia, Latin America, Eastern Europe, Middle East and Africa will enable more of the consumers in these countries to join the emerging middle class and will heighten their demand for various cosmetic products. As professional occupations become more common in emerging markets, appearances become more crucial and consumers are increasingly willing to spend their disposable income on cosmetics such as hair care or skincare.
The Cosmetics Packaging Market 2012-2022
Published: May, 2012
Price: US$ 2.642,00
There are however a few dangers remaining in the horizon. The global financial crisis of 2007-08 and the current euro-zone debt crisis have reduced consumer and producer confidences and restrained cosmetics packaging growth. While some essential products, such as hair care and facial skincare are consistently performing, the value of packaging markets for less essential products is likely to be diminished if euro-zone troubles lead to a new crisis. Fluctuating raw material and energy prices are further dangers that potentially may serve to reduce margins in the cosmetics packaging markets.
The report contains 114 tables, charts and graphs that add visual analysis in order to explain developing trends within the cosmetics packaging market. Visiongain provides forecasts for the period 2012-2022 in terms of value (US$) for the global cosmetics packaging market, as well as for 7 end use submarkets (hair care, facial skincare, other skincare, decorative cosmetics, nail care, fragrances, other) and 5 materials submarkets (rigid plastic, flexible plastic, glass, metal and paper/board) of the cosmetics packaging market. In addition, 10 leading national cosmetics packaging markets are forecast and analysed by visiongain over the period 2012-2022. The report also provides profiles of 15 leading companies operating within the market, and includes an exclusive interview with a leading cosmetics packaging company, providing expert insight alongside visiongain analysis.
More information can be found in the report “The Cosmetics Packaging Market 2012-2022” by Visiongain.
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