The Europe Cosmetic Plastic Packaging Market size is estimated at USD 3.37 billion in 2024, and is expected to reach USD 3.89 billion by 2029, growing at a CAGR of 2.93% during the forecast period (2024-2029). In terms of production volume, the market is expected to grow from 26.52 billion units in 2024 to 30.91 billion units by 2029, at a CAGR of 3.11% during the forecast period (2024-2029).
The European cosmetic market is thriving, driven by dynamic market segments, evolving consumer preferences, and the influence of global beauty trends. The market encompasses many products, including skincare, haircare, cosmetics, and fragrances, catering to diverse consumer needs and preferences. The market is witnessing significant growth due to the increasing demand for organic and natural products, the rise of e-commerce platforms, and the growing awareness of personal grooming and hygiene.
The European cosmetic plastic packaging market is fragmented, with the presence of significant players like Albea Group, Hcp Packaging Co. Ltd, Gerresheimer AG, Berry Global Inc., and AptarGroup Inc. Players in the market are adopting strategies such as acquisitions and partnerships to enhance their product offerings and gain sustainable competitive advantage.
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