Global Cosmetic Packaging Machinery Market is expected to reach $6.41 billion by 2027 at a CAGR 7.6% during 2018 to 2027.
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.
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.
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.
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.
Machine Types Covered:
Laminating and Delaminating Machinery
Test and Detection Machinery
Packaging Machinery Accessories
Other Machine Types
Marketing Channels Covered:
Traditional Marketing Channel (Offline)
Color Cosmetics and Makeup
End Users Covered:
Gaming and Entertainment
Other End Users
o Rest of Europe
o New Zealand
o South Korea
o Rest of Asia Pacific
o Rest of South America
Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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