Global Cosmetic Packaging Market 2024-2028
The cosmetic packaging market is forecasted to grow by USD 22.91 bn during 2023-2028, accelerating at a CAGR of 11.71% during the forecast period. The report on the cosmetic packaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing e-commerce and social media marketing, increasing focus on innovative cosmetic packaging design solutions, and rising cosmetic and personal care spending.
Technavio's cosmetic packaging market is segmented as below:
By Application
- Skin care
- Hair care
- Makeup
- Nail care
By Material
- Glass
- Metal
- Plastic and others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the integration of QR codes with AR technology in cosmetic packaging as one of the prime reasons driving the cosmetic packaging market growth during the next few years. Also, rising awareness of sustainable and eco-friendly cosmetic packaging solutions and growing popularity of mini packs and travel-size packaging solutions will lead to sizable demand in the market.
The report on the cosmetic packaging market covers the following areas:
- Cosmetic packaging market sizing
- Cosmetic packaging market forecast
- Cosmetic packaging market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cosmetic packaging market vendors that include A Packaging Group, AG Poly Packs Pvt. Ltd., Albea Services SAS, Altium Packaging, Amcor plc, AptarGroup Inc., Ball Corp., Berry Global Inc., Cosmopak USA LLC, Dow Chemical Co., DS Smith Plc, Gerresheimer AG, Graham Blowpack Pvt. Ltd., HCP Packaging, Libo Cosmetics, Quadpack Industries SA, Silgan Holdings Inc., SKS Bottle and Packaging Inc., Sulapac Oy, TriMas Corp., Verescence France, and Vimal Plastics. Also, the cosmetic packaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.