Cosmetic Jar Market Growing Massively by NORDTEK packaging, MIRON Violettglas BV, The Packaging Company, MKTG INDUSTRY Srl

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The jars also allow the cosmetics suppliers to customize and have the brand names and logos printed on them, increasing the brand recognition. There has been a growing trend of buying luxury and branded products with growing disposable income. The global cosmetic jar market is expected to grow over the forecast period, with the growing need for body care.

Global cosmetic jar market: Dynamics

The spontaneous innovation in cosmetic formulation, coupled with constant innovation in the global beauty market has led to the transformation of the global cosmetic jar market. The need for cosmetic jars is fueled by both the supplier and buyers’ demands. The factors that act as drivers from the supplier side are – the need for product customization and identity, and to enhance the visual appeal of the product. The factors that are expected to act as drivers for the global cosmetic jar market from the buyers’ side are – the increasing preference for home consumption as opposed to getting treatments outside. Also, with the growth of E-retail in the last decade, significant transactions have been made online for cosmetic products. It has been observed that the appearance of the product is very important for its success.

The global beauty market being highly lucrative, gives rise to intense competition among the cosmetic jar manufacturers to come up with high quality finished products with visual appeal. Since the past couple of decades, the preference of consumers has shifted towards premium and luxury products, which look elegant and aesthetic. Therefore, there is always constant innovation in the type of shape, color, raw materials used, to increase the product’s appeal. All these factors are supposed to fuel the growth of the global cosmetic jar market.

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Despite the favorable conditions for the steady growth of the global cosmetic jar market, there are certain factors such as the popularity of other forms of packaging like squeeze tubes. With the increase in population with a fast paced lifestyle, more people prefer goods and products that can be carried ‘on-the-go’. It is considered convenient and is also one of the latest trends in the market.

Global cosmetic jar market: Geographical and Competitive Dynamics

The global cosmetic jar market has been geographically segmented into 7 regions:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific excluding Japan (APEJ)
• Middle East and Africa (MEA)
• Japan

North America being a market with a mature consumer base is expected to account for the major share of the global cosmetic jar market throughout the forecast period. Asia Pacific region is expected to experience maximum growth of the cosmetic jar market, on the backdrop of increase in working population. Middle East and Africa market is also expected to gain momentum over the forecast period. Western and Eastern Europe are expected to have a relatively slower growth than Asia Pacific. Latin America is also expected to register higher growth rates.

Cosmetic Jar Market – Key Players

Some of the key players in the global cosmetic jar market are – NORDTEK packaging, MIRON Violettglas BV, The Packaging Company, MKTG INDUSTRY Srl, INTERNATIONAL COSMETIC SUPPLIERS LTD., elcosgroup Corporation e.t.c.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Argentina)
• Western Europe (Germany, Italy, U.K, Spain, France, Nordic, Rest of Western Europe)
• Eastern Europe (Russia, Poland)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global cosmetic jar market: Market Segmentation

The global cosmetic jar market is segmented as follows: –