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The Lip Care Products Packaging Market is anticipated to showcase tremendous demand during the forecast period owing to it’s increasing use in various applications such as Medicated and Non-medicated.
Personal grooming is important. Individuals use different products to groom themselves, which also includes lip care products. There has been a spike in the demand for lip care products, as they provide protection and nourish lips, thus driving the lip care products packaging market.
Since the market for lip care products is growing, these products are being aesthetically packed to appeal to more customers.
Segment Analysis:
Based on material type, the market has been further divided into metal, paperboard, plastics, and glass. Out of these, the plastic material is preferred over others, as it is easily available and cost-effective.
On the basis of the applicator type, the market has been segmented into brushes and roll-ons. Based on the packaging type, the market has been divided into tins, jars, tubes, and bottles. Of these, tube and bottle packaging types are preferred, as they are hygienic.
Lip care products packaging is more in demand for non-medicated applications than medicated applications. Cosmetics have majorly impacted the sale and growth of non-medicated lip care products.
Key Factors Impacting Market Growth:
Regional Analysis:
The lip care products packaging market by region has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America, Western Europe, and Asia Pacific are estimated to be major regions for the lip care products packaging market during the forecast period. The high growth of supply chain activities to cater various industries and development of packaging solutions is key to the growth of lip care products packaging market in this region. In addition to this development of cold chain systems to cater perishable goods and government regulations on packaging waste disposal is also governing the demand for lip care products packaging market in this region. Major industry applications in these regions are medicated and non-medicated. The Asia Pacific amongst this with increasing trade activities and industrial growth is estimated to be one of the fastest-growing markets during the forecast period. Middle East region promises a strong market potential during the forecast period. The diversification of economic activities leading to industrial growth is key to the demand for lip care products packaging market in this region. South America and Africa are emerging regions in terms of market demand during the forecast period.
Companies Covered: Park Tech A/S, IMS Ningbo Limited, Eastar Cosmetic Packaging, HCP Packaging Co. Ltd., The Packaging Company, and Arminak & Associates LLC
Market Segmentation:
By Material Type:
By Applicator Type:
By Packaging Type:
By Application:
By Region:
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