Three trends of cosmetic iron box packaging growth

by:Changda     2020-06-16
Trends include increased consumer spending on beauty care, premium packaging in these markets and increasing penetration of cosmetics and perfumes in developing countries. According to the study, the market trends for cosmetic and perfume tinplate packaging (mainly cans) seem to follow similar trends across the cosmetics industry. It includes the following three aspects: 1. Beauty and health center consumers spend more on beauty treatments: Studies show that beauty salons and beauty centers are among the industries that have benefited most from increased consumer attention to beauty and health. Consumers are willing to spend a lot of money to get timely beauty care and services from professionals. The growing number of such commercial enterprises and a shift in the way consumers spend on the services they provide are driving the global market for cosmetic and perfume tinplate packaging. In addition, the use of colored cosmetics in commercial space is relatively higher than that of individuals, which in turn is expected to drive demand in the cosmetics and perfume packaging markets during the forecast period. 2. Luxury and premium packaging is becoming more popular: According to the study, premium packaging helps consumers feel more satisfied with the brand and increases their chances of buying it back and recommending it to others. Major players in the global cosmetics and perfume packaging market are working to expand their product lines by introducing a variety of luxury packaging products for cosmetics and perfume applications. Demand for this type of packaging is expected to increase during the forecast period. Quality packaging in traditional glass bottles and tinplate materials. The most common trends in luxury effects include glitter and soft touch paints, matte varnish, metallic gloss, pearl and UV paints. 3. Increasing growth in cosmetics and perfumes in developing countries: Emerging economies are expected to generate favourable demand for cosmetics and perfume products and their packaging. Domestic cosmetics consumption and production is one of the fastest growing markets. Most cosmetics and perfume packaging manufacturers target emerging economies such as Brazil, Indonesia, Nigeria, India and the Association of South-east Asian Nations (ASEAN). In southeast Asia in particular, the cosmetics market is highly profitable due to economic stability and changing consumption patterns of the urban middle class. Domestically, ASEAN and Brazil are expected to provide attractive growth opportunities for the global cosmetics and perfume packaging market in the coming years.
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