Pouches packaging market was significantly large in 2020, and is expected to continue to register a rapidly inclining revenue CAGR between 2021 and 2028. Key factors responsible for driving market revenue growth are advancements in chemical science, high demand for organic skin creams, face serums, foundations, and surging demand for premium products. Besides, increasing working women and development of unique products, such as wrinkle concealing anti-aging creams that require effective packaging to avoid oxidation are likely to contribute to market growth. Pouches packaging market is the packaging of cosmetic products in airless containers. Airless containers facilitate the storage of cosmetic products in a very efficient manner, in which there is no direct contact of products with oxygen in the environment, thus preventing oxidation and any form of contamination.
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Competitive Landscape:
The global Pouches Packaging market is extremely competitive and comprise of various key players at regional and global levels. These players are focusing on developing strategic alliances such as mergers and acquisitions, partnerships, product launches, joint ventures, to strengthen their market position and enhance their product base.
Major Companies Profiled in The Report:
- AptarGroup, Inc.
- Silgan Dispensing Systems
- Quad pack Industries
- Albee Beauty Holdings SA
- HCP Packaging
- ABC Packaging Ltd.
- Fusion Packaging
- Lebo Cosmetics Company, Ltd.
- Lampson SPA
- Repack Ltd.
Market Overview:
The packaging industry is rapidly expanding in terms of revenue in the recent years, and is expected to register rapid revenue CAGR throughout the forecast period of 2022 to 2028. Rapid revenue growth is attributed to factors such as rising global population, changing lifestyle, increasing disposable income and rapid growth of the e-commerce sector. Increasing penetration of internet, social media, improving standard of living and rapid growth in the doorstep deliveries are some other factors boosting global market revenue growth. In addition, various manufacturers are focusing on offering sustainable packaging to cater to rising environmental concerns. Local dealers are focusing on innovative packaging to attract consumers.
Key questions addressed in the report:
- What size is the global Pouches Packaging market expected to reach over the forecast period?
- Which revenue CAGR is the global market expected to register throughout the forecast period?
- Which factors are expected to hamper global market growth during the forecast period?
- Which key factors are expected to driver global Pouches Packaging market throughout the forecast period?
- Which application segment is expected to register fastest revenue CAGR between 2022 and 2028?
- Which region is expected to register fastest revenue CAGR throughout the forecast period?
- What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?
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Global Pouches Packaging Market Segmentation:
Type Outlook:
- ottles Pouches
- Bags Pouches
- Tubes
Applications Outlook:
- Skin Care
- Hair Care
- Oral Care
- Sun Care
Regional Analysis covers:
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- Italy
- K.
- Rest of EU
- Asia Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Middle East Africa
- Saudi Arabia
- South Africa
- A.E
- Rest of MEA
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