And for still another upbeat report to start the year, research group MarketsandMarkets, in its report “Cosmetic Packaging Market by Type, Material, Application, Packaging Machinery and Geography—Global Trend & Forecast to 2018,” says the cosmetic packaging market is estimated to grow at a CAGR of 5.4% from 2013 to 2018. Cosmetic packaging machinery is expected to reach $2.5 billion by 2018. Asia-Pacific led the cosmetic packaging machinery market followed by Europe and North America. Findings included that plastic is the most prevalent material by far, and that Asia-Pacific has the highest market share and is projected to be the fastest growing market.