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

  • Report ID: 4474
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023-2033

Cosmetic Packaging Market size is poised to reach USD 60 Billion by the end of 2033, growing at a CAGR of 6% during the forecast period, i.e., 2023-2033. In the year 2022, the industry size of cosmetic packaging was over USD 49 Billion.  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.

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.


Cosmetic-Packaging-Market
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Cosmetic Packaging System: 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

Cosmetic Packaging Market: Key Insights

Base Year

2022

Forecast Year

2023-2033

CAGR

6%

Base Year Market Size (2022)

USD 49 Billion

Forecast Year Market Size (2033)

USD 60 Billion

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Cosmetic Packaging Segmentation

Application (Hair, Skin, Nail Care)

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.

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

      By Material

  • Plastic
  • Paper
  • Glass
  • Metal

      By Product

  • Bottles & Jars
  • Tubes
  • Containers
  • Pouches
  • Sticks
  • Roller balls
  • Dispensers

       By Application

  • Hair Care
  • Skin Care
  • Nail Care

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Cosmetic Packaging System - 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.

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Companies Dominating the Cosmetic Packaging System Landscape

top-features-companies
    • 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

In-the-news

In The News

  • Berry Global Inc. partnered with Koa to introduce 100% recycled plastic bottles for body cleanser and body moisturizer. This is the vision shared by both companies to create a positive environmental impact through streamlined operations.

  • Sonoco Products Company declared that its Enviroflex PE packages achieved the label of How2Recycle Store Drop-off.

Author Credits:  Sadaf Naaz, Mohd Shadab


  • Report ID: 4474
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising e-commerce sales and internet penetration among people are the major factors driving the growth of the cosmetic packaging market.

The market is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2023-2033.

Government regulation on plastic use and the expensive cost of cosmetic products are the challenges affecting the market growth.

The market in Asia Pacific region is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are Libo Cosmetics, 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, and Bemis Manufacturing Company.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by material, product, application, and by region.

Skin care is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
Cosmetic Packaging Market Report Scope
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