Cosmetic Packaging Market Size & Share, by Material (Plastic, Paper, Glass, Metal); Product (Bottles & Jars, Tubes, Containers, Pouches, Sticks, Roller balls, Dispensers); Application (Hair, Skin, Nail Care) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

 Global Cosmetic Packaging Market Highlights Over 2023 - 2033

The global cosmetic packaging market is estimated to garner a revenue of ~USD 60 billion by the end of 2033 by growing at a CAGR of ~6% over the forecast period, i.e., 2023 – 2033. Further, the market generated a revenue of ~USD 49 billion in the year 2022. Increasing usage of cosmetics products across the globe is estimated to boost market growth during the forecast period. As per the survey in 2019, 40% of women wear cosmetics daily.

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Also, changing beauty preferences of consumers are expected to fuel the growth of the cosmetic containers market in the coming years. As per the data, 1 in 5 women changed their daily skincare routine preference in 2022.

Global Cosmetic Packaging Market: Growth Drivers and Challenges

Growth Drivers

• Demand for Eco-Friendly, Organic, and Clear Products – It is estimated that two-thirds of consumers are willing to pay an extra 10% for ecological products. With a desire to help the environment consumers began to purchase sustainable products and brands. As sustainable products reduce carbon footprint and lower the effect of toxins on the environment, consumers are willing to spend more on eco-friendly products thus boosting the market growth.

• Rising E-Commerce Sales of Personal Care Products – The total e-commerce sales of personal care products in the U.S in 2021 accounted for USD 55 billion across the globe.

• Increasing Pressure to Meet Beauty Standards – About 70% of women across the world feel pressure to look beautiful while only 5% think they are beautiful.

• Rising Recycling of Products and Packaging – Europe progressed the recycling packages to about 35% for plastic, compared to 76% for paperboard and 80% for metal and glass.

• Rising Disposable Income of Economic Middle-Class Consumers – The disposable personal income in the U.S increased from -0.2% in June 2022 to 0.3% in July 2022.

Challenges

• Expensive Prices of Products
• Government Regulations on Plastic Use
• Restrictions from Environmental Protection Agency on Trash Cosmetics Industry Produce

The global cosmetic packaging market is segmented and analyzed for demand and supply by application into hair, nail, and skin care. Out of which, the skin care segment is anticipated to hold the largest market size by the end of 2033 on the back of the increasing use of anti-aging creams worldwide. As per the observation, 60% of Americans used anti-aging creams in 2020.

Global Cosmetic Packaging Market Regional Synopsis

Regionally, the global cosmetic packaging market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in Asia Pacific region is projected to hold the largest market share by the end of 2033. Introduction of various types of products and increasing adoption of consumers owing to benefits of beauty products such as anti-tanning, and wrinkle-free solutions is anticipated to boost the market growth. The imported value of beauty preparations in 2021 was USD 60,930,716.

The global cosmetic packaging market is further classified on the basis of region as follows:

• North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
• Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

Market Segmentation

Our in-depth analysis of the global cosmetic packaging market includes the following segments:

Top Featured Companies Dominating the Global Cosmetic Packaging Market

• Libo Cosmetics
  • Company Overview
  • Business Strategy
  • Key Product Offerings
  • Financial Performance
  • Key Performance Indicators
  • Risk Analysis
  • Recent Development
  • Regional Presence
  • SWOT Analysis

• Amcor Limited
• Berry Global Inc.
• Sonoco Products Company
• Albea Services S.A.S.
• HCP Packaging UK Ltd
• AptarGroup, Inc.
• Huhtamaki Oyj
• A-B-C Packaging Machine Corporation
• Bemis Manufacturing Company