According to Stratistics MRC, the Global Cosmetic Packaging Machinery Market accounted for $3.32 billion in 2018 and is expected to reach $6.41 billion by 2027 growing at a CAGR of 7.6% during the forecast period.
Increase in sales of for personal care products, digital revolution of cosmetic packaging industry, and the ability of machines to produce accurate products are the factors driving the market growth. However, the requirement of high initial investment may hinder the market growth.
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Cosmetic packaging machinery is used throughout all packaging operations in cosmetics industry, which involves primary packages to distribution packs.
By Machine Type, Labelling Machinery segment is likely to have a huge demand during the forecast period. With technological advancements, the significance of labelling has improved immensely over the years. Also, they are used for helping creativity by allowing labels to be applied on products. Hence, the demand for different kinds of labelling machines is increasing.
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Based on geography, North America is going to have a lucrative growth during the forecast period. The customers in this region are looking for products geared toward their precise needs and preferences.
Some of the key players profiled in the Cosmetic Packaging Machinery Market include Packsys Global Ltd, Bosch Packaging Technology Inc, Vetraco Group, Marchesini Group SpA, Turbofil Packaging Machine LLC , Liquid Packaging Solutions Inc, and Industria Macchine Automatiche S.P.A.
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Machine Types Covered:
• Wrapping Machinery
• Laminating and Delaminating Machinery
• Capping Machinery
• Test and Detection Machinery
• Labelling Machinery
• Closing Machinery
• Form/Fill/Seal Machinery
• Packaging Machinery Accessories
• Other Machine Types
Marketing Channels Covered:
• Online Channel
• Traditional Marketing Channel (Offline)
• Skin Care
• Hair Care
• Color Cosmetics and Makeup
• Nail Care
• Other Applications
End Users Covered:
• Gaming and Entertainment
• Other End Users
• Other Technologies
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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