Global cosmetic tubes and jars market 2017-2021
According to a new report by Technavio, the global cosmetic tubes and jars market is expected to grow at a CAGR of close to 6% during the forecast period 2017 to 2021. Squeeze tube packaging held the highest market share in 2016 and is expected to dominate the market during the forecast period.
Innovation in packaging is one of the major trends. Many cosmetic companies are coming up with beauty balms and color correcting creams, which offer multi-functional usage to the consumer. Companies are trying to capture market share by changing the design of their packaging and providing more convenient packaging to the consumers (Press Release Technavio, 2 March 2017).
Click here for the press release.
Click here for more information about the report.
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