What is the estimated industry size of Cosmetic Packaging?

Question

The global cosmetic packaging market, valued at $34.3 billion in 2020, is projected to reach $55.9 billion by 2030, growing at a CAGR of 4.8% from 2021 to 2030. Cosmetic packaging, encompassing containers, pouches, boxes, and tubes, protects products from contamination and damage while enhancing visual appeal to drive impulse purchases. It serves as a critical marketing tool, boosting product attractiveness and sales