Report : Middle East and Africa Cosmetic Packaging Market Forecast to 2028 – COVID-19 Impact and Analysis – by Material Type (Glass, Paper, Plastic, Metal, and Others), Container Type (Jars, Tubes, Bottles, Pumps and Dispensers, Sachets, and Others), and Application (Skin Care, Hair Care, Make Up, and Nail Care)
Paper Segment to Dominate MEA Cosmetic Packaging Market during 2020–2028
According to a new market research study on “MEA Cosmetic Packaging Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Material Type, Container Type, and Application” is expected to reach US$ 2,523.96 million by 2028 from 1,712.68 US$ million in 2021. The market is estimated to grow at a CAGR of 5.7% from 2021 to 2028. The report provides trends prevailing in the MEA cosmetic packaging market along with the drivers and restraints pertaining to the market growth. Constant product innovations is the major factor driving the growth of the MEA cosmetic packaging market. However, issues associated with stringent regulation regarding cosmetic packaging hinders the growth of MEA cosmetic packaging market.
The MEA cosmetics packaging market is segmented into material type, container type, and application. On the basis of material type, the market is segmented into glass, paper, plastic, metal, and others. The Paper segment held the largest market share in 2020. Based on container type, the market is segmented into jars, tubes, bottles, pumps and dispensers, sachets, and others. The Bottles segment held the largest market share in 2020. On the basis of application, the market is segmented into skin care, hair care, make up, and nail care. The skin care segment held the largest market share in 2020. Based on country, the MEA cosmetic packaging market is segmented into South Africa, Saudi Arabia, the UAE, and Rest of the MEA.
Albea; Aptar Group, Inc.; Berry Global Inc.; Gerresheimer AG; HCP PackaginG; Huhtamaki; Libo Cosmetics; Silgan Plastics; and WWP Beauty are among the leading companies in the MEA cosmetic packaging market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
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