Press Release
Business

Skin Glossing Pencil Packaging Market Estimated to Discern 2X Expansion by 2017 – 2027

Cosmetics have become an integral part of urban population and particularly among working women. Skin glossing pencil packaging market has emerged as a niche market segment in the global cosmetics packaging market. Skin glossing pencils are used by women to make their skin look more shiny and younger. The global skin glossing pencil packaging market can account for major portion of the cosmetic packaging market owing to growing cosmetics consumption across the world. The skin glossing pencil packaging not only helps in differentiating the product from its substitutes but also helps in creating a brand image of the product in the minds of consumers by communicating information about the brand. The skin glossing pencil packaging improves the durability of the product by increasing its shelf life. Skin glossing pencil packaging is essential to attract the customers through the product appearance in order to improve the turnover ratio and profit margin. Skin glossing pencil packaging allows manufacturers to manufacture skin glossing pencils of various sizes while increasing its portability. Due to abundance in availability and low procurement cost, plastics such as acrylic and polypropylene (PP) are common material used in skin glossing pencil packaging.

Skin Glossing Pencil Packaging Market: Market Dynamics

The skin glossing pencil packaging market is related with cosmetic packaging market. The cosmetic packaging market is estimated to be around US$ 30 billion, which is expected to grow at a CAGR of 4% over the forecast period. Skin glossing pencil, which is a luxury product, is expected to witness rise in demand with increase in disposable income of consumers, influencing the growth of skin glossing pencil packaging market. Nowadays people are getting more conscious about their image so with the use of skin glossing pencil they can reduce their skin complexion which is an important factor contributing to the increased consumption of the skin glossing pencil while boosting the growth for the skin glossing pencil packaging market. In the backdrop of rapid urbanization along with increasing influence of western culture especially in the Asian countries like India and China, the demand for the skin glossing pencil packaging is expected to move upward over the forecast period. However, the use of chemical composition of skin glossing pencil may hamper the growth of skin glossing packaging market. The globalization has made the world smaller as a skin glossing pencil of American brand can be easily found in the stores of Asian countries.

Skin Glossing Pencil Packaging Market: Market Segmentation

The skin glossing pencil packaging market can be segmented by the type of material used, type of product, by application, by formulation.

Based on the type of material used, skin glossing pencil packaging market can be segmented into:

Plastic

Metal

Based on the type of product, skin glossing pencil packaging market can be segmented into:

Gel polymer

Wet gloss

Based on the application, skin glossing pencil packaging market can be segmented into:

Face

Lips

Eye Lids

Based on the formulation, skin glossing pencil packaging market can be segmented into:

Bis behenyl

Isostearyl

Phytosteryl dimer dilinoleyl dimer dilinoleate,

Isocetyl stearate

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Synthetic beeswax

Skin Glossing Pencil Packaging Market: Regional Outlook

Regionally global skin glossing pencil packaging market is segmented into

North America

Latin America

Eastern Europe

Western Europe

Asia-Pacific excluding Japan (APEJ)

Middle East and Africa (MEA)

Japan

North America and Eastern and Western Europe is expected lead the global skin glossing pencil packaging market owing to high consumption of cosmetics products. Skin glossing packaging market in Latin America and APEJ region is expected to register the highest growth over the forecast period attributing to the influence of the western culture over the growing urban population. While the growth for skin glossing pencil packaging market in MEA is expected to be sluggish over the forecast period.

Skin Glossing Pencil Packaging Market: Key Players

Some key players of skin glossing pencil packaging market are Amcor Limited, HCP Packaging, Cosmopak, International Cosmetic Suppliers Ltd, 3C Inc, Alpha Packaging, Color Carton Corporation, ChingFon Industrial Co., LTD, Anomatic, Arcade Beauty, APC Packaging, EPOPACK Co., Ltd, AptarGroup, Libo Cosmetics Co., Ltd and Quadpack Group, etc.

The report offers an accurate evaluation of the market through detailed qualitative insights and verifiable projections about market size. The projections presented in the report have been derived using proven research methodologies and assumptions.

The report covers exhaustive analysis on:

Market Segments

Market Dynamics

Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies involved

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Technology

Value Chain

Regional analysis includes

North America (U.S., Canada)

Latin America (Mexico, Brazil and Rest of Latin America)

Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg and Rest of Western Europe)

Eastern Europe (Poland, Russia and Rest of Eastern Europe)

Asia Pacific (China, India, ASEAN, Australia & New Zealand)

Japan

Middle East and Africa (GCC, S. Africa, and Rest of MEA)

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.

Report Highlights:

Detailed overview of parent market

Changing market dynamics in the industry

In-depth market segmentation

Historical, current and projected market size in terms of volume and value

Recent industry trends and developments

Competitive landscape

Strategies of key players and products offered

Potential and niche segments, geographical regions exhibiting promising growth

A neutral perspective on market performance

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