Lewes, DE -- (SBWIRE) -- 08/19/2015 -- Based on the Cosmetics Packaging Market, new technologies are emerging in market, the global cosmetic packaging market is expected to grow at a compound annual growth rate (CAGR) of 9.4% and reach US$3.5 billion by 2022 from $1.79 billion in 2014.

Compatible packaging, Simplicity, Packaging Size, and Labeling & Finishing in Cosmetics Packaging are the major key drivers for growth of Cosmetic Packaging Market. The restraint factor for Cosmetic Packaging market is Fluctuating material prices. The challenges faced by the market are Environmental Mandates and difficult to manage the supply chain.

Global Cosmetic Packaging market is mainly segmented by Material, by Type, by Application and by Geography. Based on Material, the market is segmented into Metal, Rigid Plastics, Paper, Plastic, Flexible Plastics and Glass. Based on Type, the market is segmented into Bottles, Pen Types, Tubes, Caps & Closures, Jars & Containers, Pumps & Dispensers, Roller Balls and Sticks. Based on Application, the market is segmented into Skin Care, Fragrances, Hair Care, Make-Up, Nail Care and Other Cosmetics. Cosmetic Packaging market, by geography is segmented into North America, Europe, Asia Pacific and Rest of the World. Asia Pacific has the largest market share for Cosmetic Packaging market.

The key players in the Cosmetic Packaging market include, Mary Kay Inc., AVON Products Inc., Shiseido Co. Ltd., Loreal Group, Quadpack Group, Revlon Inc., Alticor Inc, Cosmopak U.S.A. Llc and KAO Corp.

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