cosmetic packaging trends Research on Present State & Future Growth Prospects to 2030
The global cosmetic packaging market is growing continually. The market growth attributes to the increasing focus on high-quality cosmetic products and the changing lifestyle of consumers. A packaging solution plays an important role in product profiling and increases demand, making it attractive and positively impacting market value. Besides, the increased focus of body care brands on offering innovative beauty and personal care products creates substantial demand for effective cosmetic packaging solutions. They focus on lucrative locations for production and short-distance supply to reduce costs. Moreover, increasing consumer preference for high-quality cosmetics and personal care products escalates the market demand. According to Market Research Future (MRFR), the global cosmetic packaging market is estimated to create a valuation of USD 64.61 BN by 2023, registering a 5.47% CAGR during the anticipated period (2020–2030). Recent trends show that Consumers mostly prefer lightwe...