Global Cosmetic Packaging Market Size study, By Type (Bottles, Tubes, Jars, Containers, Blister & Strip Packs, Aerosol Cans, Folding Cartons, Flexible Plastics, Others {Includes Tins, Liquid Cartons, And Flexible Paper}), By Material (Glass, Metal, Paper-Based, Rigid Plastic, Flexible Packaging), By Application (Skin Care, Hair Care, Color Cosmetic, Sun Care, Oral Care, Fragrances & Perfumes) and Regional Forecasts 2022-2028
Global Cosmetic Packaging Market is valued approximately USD 51.39 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.03 % over the forecast period 2022-2028.
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Cosmetic Packaging is used for cosmetic containers and secondary packaging cosmetic products and fragrances etc. This packaging involves bottles, tubes jars, and containers, blisters, etc. Thereby, the growing need for innovative, customized, and premium packaging from the cosmetic industry, and the rising penetration of cosmetics in the developing economies such as South Korea, India, Brazil, China, and many other have propelled the adoption of cosmetic packaging across the globe. For Instance, according to DealsOn Health in 2021, women spend approximately USD 313 monthly on beauty products, as per the same source the global beauty industry is accounted for USD 511 billion in 2021. Hence, the rising spending by the population on beauty products is further boosting the market demand in the approaching years.
However, the risk of counterfeit packaging of cosmetics products impedes the growth of the market over the forecast period of 2022-2028. Also, an increase in demand for the use of sustainable & environmentally-friendly packaging is anticipated to act as a catalyzing factor for the market demand during the forecast period.
The geographical regions considered for the Global Cosmetic Packaging Market analysis includes Asia Pacific, North America, Europe, Latin America and Rest of the World. The Asia Pacific is the leading region across the world in terms of market share owing to the presence of the leading companies, along with growing awareness towards skincare and increasing availability of cosmetic products. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the and rising spending in cosmetics, increasing consumer base and growing innovation towards the skincare products, and the emergence of halal cosmetic products would create lucrative growth prospects for the Cosmetic Packaging market across the Asia-Pacific region.
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Major market player included in this report are: TriMas Corporation Berry Global Inc. DS Smith PLC Sonoco Libo Cosmetics Co., Ltd. World Wide Packaging LLC Amcor PLC Huhtamaki Oyj HCP Packaging AptarGroup, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type: Bottles Tubes Jars Containers Blister & strip packs Aerosol cans Folding cartons Flexible plastics Others (includes tins, liquid cartons, and flexible paper)
By Material: Glass Metal Paper-based Rigid plastic Flexible packaging
By Application: Skin care Hair care Color cosmetic Sun care Oral care Fragrances & perfumes
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By Region: North America U.S. Canada Europe UK Germany France Spain Italy ROE
Asia Pacific China India Japan Australia South Korea RoAPAC Latin America Brazil Mexico Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020 Base year – 2021 Forecast period – 2022 to 2028
Target Audience of the Global Cosmetic Packaging Market in Market Study:
Key Consulting Companies & Advisors Large, medium-sized, and small enterprises Venture capitalists Value-Added Resellers (VARs) Third-party knowledge providers Investment bankers Investors
TriMas Corporation Berry Global Inc. DS Smith PLC Sonoco Libo Cosmetics Co., Ltd. World Wide Packaging LLC Amcor PLC Huhtamaki Oyj HCP Packaging AptarGroup, Inc.
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What aspects regarding the regional analysis Market are included in this report?
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