The global makeup packaging market was valued at US$ 6,786.0 million in 2018, according to Makeup Packaging Market Report, by Material (Glass, Metal, Plastics, and Others (Paper, etc.)), by Product Type (Lip Stick Containers & Tubes, Lip Gloss Containers & Tubes, Cosmetic Pen, Powder Dispensers, Cushion, Bottle With Cap, Bottle With Pump, Compact, Face Stick, Tube, Jar with Cap, and Mascara Packaging), by Application (Lip Care, Eye Care, and Skin Care), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa), published by . The global makeup packaging market is expected to reach US$ 11,025.71 million by 2027, exhibiting a CAGR of 5.5% during the forecast period. Technological advancement and innovation in designs & styles of makeup packaging products is expected to fuel growth of the makeup packaging market. For instance, in October 2018, Yonwoo Co. Ltd. launched Drottle, a new dropper generation. The Drottle consists of a dropper pipette in combination with a tottle, specially designed for liquid foundations, serums, and special treatments. Furthermore, rapid industrialization, changing standards of living, and rising awareness about personal care are expected to drive growth of the market. However, stringent regulations imposed by government authorities are expected to restrain growth of the makeup packaging market. For instance, aluminum cosmetic containers should meet the requirements of ISO 22715 such as, the container must safely store and protect the product from damage. To know the latest trends and insights prevalent in this market, click the link below: https://www.coherentmarketinsights.com/market-insight/makeup-packaging-market-3051 Browse 64 market data tables* and 32 figures* on "Makeup Packaging Market” - Global forecast to 2027 Key Trends and Analysis of the Makeup Packaging Market:
Key Takeaways of the Market:
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