Cosmetic Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global cosmetic packaging market size reached US$ 37.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 48.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.6% during 2022-2028.
Cosmetic products are usually available in different layers of packaging, including primary, secondary and tertiary. Primary packaging holds the content, while secondary packaging is used to group primary packages. They contain labels that carry necessary information about the products, such as the name and address of the distributor, ingredients, batch number, expiration dates, warnings, and instructions. The tertiary packaging is used to protect products from hazards, which they can be exposed to during transportation, bulk handling and warehouse storage. Also, cosmetic packaging is made using durable materials to preserve the products from radiation damage and mold growth.
Cosmetic Packaging Market Trends:
Inflating disposable incomes, the rising influence of social media and increasing focus on physical appearances are escalating the demand for premium cosmetic products. This represents one of the key factors strengthening the cosmetic packaging market growth. The introduction of travel-sized packaging to provide enhanced convenience to consumers is also favoring the market growth. Apart from this, with the rising trend of sustainable fashion and natural cosmetics, several manufacturers are introducing push-up tubes and bamboo jars made with eco-friendly and recyclable materials. They are also adopting innovative strategies, such as developing tree-free paper with waste limestone from construction materials, to reduce the environmental impact of the packaging. With advancements in airless packaging and 3D-printing technology, several companies are even allowing individuals to customize products according to their needs. In addition to this, with growing concerns of the coronavirus disease (COVID-19) transmission through packaging surfaces, these companies are focusing on packaging coatings that are antimicrobial and can be disinfected through ultraviolet (UV) rays.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global cosmetic packaging market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, material type, capacity and cosmetic type.
Breakup by Product Type:
Plastic Bottles and Containers
Glass Bottles and Containers
Metal Containers
Folding Cartons
Corrugated Boxes
Tubes and Sticks
Caps and Closures
Others
Breakup by Material Type:
Glass Packaging
Metal Packaging
Plastic Packaging
Paper Packaging
Others
Breakup by Capacity:
< 50 ml
50 - 100 ml
100 - 150 ml
150 - 200 ml
> 200 ml
Breakup by Cosmetic Type:
Hair Care
Color Cosmetics
Skin Care
Men’s Grooming
Deodorants
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Albea Cosmetics America Inc., Amcor Plc, AptarGroup Inc., Berry Global Group Inc., Cosmopak Corp., DS Smith PLC, Gerresheimer AG, Graham Packaging Company (Reynolds Group Holdings Limited), Huhtamäki Oyj, Libo Cosmetics Co. Ltd., Quadpack (Eudald Holdings SL) and Sonoco Products Company.
Key Questions Answered in This Report:
How has the global cosmetic packaging market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global cosmetic packaging market?
What are the key regional markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the material type?
What is the breakup of the market based on the capacity?
What is the breakup of the market based on the cosmetic type?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global cosmetic packaging market and who are the key players?
What is the degree of competition in the industry?