
Published On: Jun 2022
Published On: Jun 2022
According to a new market research study on “SAM 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$ 668.86 million by 2028 from 476.34 US$ million in 2021. The market is estimated to grow at a CAGR of 4.9% from 2021 to 2028. The report provides trends prevailing in the SAM cosmetic packaging market along with the drivers and restraints pertaining to the market growth. Sustainable and eco-friendly packaging getting popular is the major factor driving the growth of the SAM cosmetic packaging market. However, issues associated with stringent regulation regarding cosmetic packaging hinders the growth of SAM cosmetic packaging market.
The SAM 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 SAM cosmetic packaging market is segmented into Brazil, Argentina, and the rest of SAM, Rest of the SAM.
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 SAM 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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