France cosmetic packaging market is anticipated to showcase moderate CAGR of 2.4% during the forecast period (2021-2027). The growing demand for cosmetics such as skin care creams and sunscreens, hair shampoos, and hair conditioners across the country are driving the France cosmetic industry. Additionally, the growing demand for anti-aging and anti-acne creams from growing aging population is further anticipated to drive the growth of France cosmetic industry. With the growing cosmetic industry, the cosmetic packaging providers across the country are making several efforts to generate huge revenue by delivering required packaging solutions to the cosmetic manufacturers.
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For this purpose, they are adopting different strategic growth activities such as production capacity expansion, product innovation, joint venture, and mergers & acquisitions among others to remain competitive in the marketplace. For instance, in October 2019, Albéa SA entered partnership with 3D technology innovation start-up Erpro 3D Factory. This partnership was done with the intent to offer industrial series of fully-personalized cosmetic packaging solutions, in yet-unseen creative shapes. In October 2019, L’Oréal and Albéa SA entered into a partnership for the development of a breakthrough innovation for cosmetic packaging. The two companies have invented the first carton-based cosmetic tube, where plastic is for the most part replaced with a bio-based and certified paper-like material.
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Market Coverage
· Market number available for – 2020-2027
· Base year- 2020
· Forecast period- 2021-2027
· Segment Covered-
· By Material Type
· By Product Type
· By Cosmetic Type
· Competitive Landscape- Amcor PLC, DS Smith PLC, Graham Packaging LP, Hcp Packaging Co., Ltd., Albea SA
France Cosmetic Packaging Industry Market Report Segment
By Material Type
· Plastic
· Metal
· Glass
· Paper
· Others
By Product Type
· Plastic Bottles & Containers
· Glass Bottles & Containers
· Corrugated Boxes
· Tubes & Sticks
· Caps & Closure
· Metal Containers
· Others
By Cosmetic Type
· Skin Care
· Hair Care
· Color Cosmetics
· Deodorants
· Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)