Bulk Container Packaging Market Overview, Challenges, Opportunities, Trends and Analysis By Forecast 2025

Summary

Global Bulk Container Packaging Market for Cosmetics Industry by Material (Plastic, Paper & Paperboard, Metal), Product (Pails, Drums, Bulk Boxes, Shipping Sacks, Material Handling Containers, Others) and Region - Forecast To 2025

Bulk Container Packaging Market Synopsis      

The global Bulk Container Packaging market for cosmetics industry are majorly driven by the change in the taste and preferences of the consumer for use of cosmetic products. Due to the rising affluence and the growing consciousness about grooming and appearance, among individuals, the potential of the cosmetics market is growing.

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Key Players

Some of the key players in the global Global Bulk Container Packaging Market for Cosmetics Industry include Berry Plastics Group, Inc. (the U.S), BWAY Corporation (Georgia)

Segmentation

The global Bulk Container Packaging Market for cosmetics industry has been segmented on the basis of plastics, metal, paper & paperboard, and others. The plastic is expected to account for the largest market share over the forecast period. The growth of plastic can be attributed to various factors such as average gains associated with the material over steel drums in terms of cost, weight and corrosion resistance.

 On the basis of the product, the market is segmented into pails, drums, bulk boxes, shipping sacks, material handling containers, and others. Amongst these, pails are expected to account for the the largest market share in 2016 and are expected to grow at the highest CAGR over the forecast period. Pails are used largely with a wide range of mid-sized applications. Apart from cosmetics, they are also used across applications such as paints & coatings and food & beverages. Pails segment is expected to capture the largest market share due to their performance and cost advantages in small volume applications.

Regional Analysis

The global market is segmented on the basis of geography: Asia Pacific, North America, Europe, and the Middle East & Africa. Asia Pacific is expected to lead the Global Bulk Container Packaging Market for Cosmetics Industry, followed by Europe and North America region.

In Asia Pacific region, China is expected to dominate the growth of the market. China is the world's largest market for beauty products, with the flourishing demand for premium cosmetics. As employees in China are increasingly getting better educated and better paid, there is more expenditure on consumption. They are able to pay attention to health, maintaining personal hygiene and grooming their appearance, thereby driving the need for the Bulk Container Packaging market.

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