Cosmetic Packaging Market Size, Share Global Analysis Report, 2022 – 2028

Industry Insights

[222+ Pages Report] According to Facts and Factors, the global cosmetic packaging market was valued at USD 30.2 billion in 2021 and is predicted to increase at a CAGR of 3.90% to USD 37.9 billion by 2028. The study examines the market in terms of revenue in each of the major regions, which are classified into countries.

Market Overview

Cosmetic packaging is used to both protect and brand products. It protects the products from damage caused by handling and transit. By incorporating adjustable extensions to the container design, cosmetics packaging plays an essential role in reaching clients. Cosmetic and beauty product packaging is unique in terms of protection, customer functionality, and brand positioning. The development of new and diverse package types, as well as packaging innovation, has aided in the market's expansion. Furthermore, because of increased disposable income, rising awareness of personal care, changing standards of living, and creative designs such as sprays and sticks, developing economies are giving huge development potential for cosmetic items.

Packaging efficiency and desire for product differentiation are some of the reasons driving market expansion, with a higher number of brands and products expanding the cosmetic packaging market. Furthermore, factors such as the aging population are expected to help boost the worldwide cosmetic packaging market forward. Certain obstacles and limitations have been encountered, which will limit market expansion. The market's growth is being hampered by issues such as government prohibitions on the use of certain substances and the emergence of medical help in cosmetic treatments. Additionally, the company's concentrated supplier base and raw materials are sourced at higher prices, providing obstacles for the corporation to package the product at a reasonable cost while maintaining overall profitability.

Impact of COVID – 19

The worldwide cosmetic packaging sector was significantly impacted by COVID-19. Consumer behavior patterns changed as a result of the epidemic, with a greater emphasis on hygiene and personal care items. Additionally, people began to purchase products made with natural and organic components and wrapped in environmentally friendly and biodegradable packaging. Manufacturers faced challenges such as supply chain disruptions and shortages of critical raw materials. Furthermore, getting workers during the lockdown was a major difficulty for sector executives. With government attempts to promote eco-friendly packaging materials across all cosmetic items, the industry is quickly returning to normalcy.

The complete research study looks at both the qualitative and quantitative aspects of the cosmetic packaging market. Both the demand and supply sides of the market have been investigated. The demand side study examines market income in various regions before comparing it to all of the major countries. The supply-side research examines the industry's top rivals, as well as their regional and global presence and strategies. Each major country in North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America is thoroughly investigated.

Segmentation Analysis

The global Cosmetic Packaging market is segregated based on type, material and application.

Based on the application, the skin care segment dominated the market over the forecast period. In the future years, raising awareness of natural skin care products that have no side effects and are healthy for the skin is expected to drive market demand. Growing skin disorders caused by UV rays have prompted the development of new skin products, affecting the skincare segment's growth. In the projection period, the launch of new product lines such as anti-aging creams, sun protection creams, and anti-wrinkle creams would influence market demand for the category.

Based on the material, glass packaging has a significant market share due to its relatively high cost in comparison to other packaging materials and high adoption in the luxury packaging segment. Glass gives the product a premium appearance and is also considered an eco-friendly packaging solution due to its ease of recycling. Furthermore, as a result of changing consumer preferences, materials such as paper and board and metal are expected to grow at a slightly higher rate in terms of volume and value than plastics.

Report Scope

Regional Landscape

In terms of global cosmetic packaging market value, the Asia Pacific is the largest region. Increased disposable income as a result of rapid economic growth has resulted in a shift in lifestyle patterns in China and India. Furthermore, the abundance of raw materials and cost-competitive labor force growth in the region's cosmetic packaging market. Various government-backed initiatives and investments boost the region's cosmetic packaging market share, resulting in faster development of advanced packaging technologies.

Furthermore, the burgeoning medicated cosmetic product industry expands the cosmetic packaging market. Some of the leading cosmetic packaging trends that are driving growth in the beauty care and cosmetics sectors are rising disposable incomes and an increase in demand for small packaging sizes.

Competitive Landscape

List of Key Players in the Global Cosmetic Packaging Market:

• Amcor PLC (Australia)
• Berry Global Inc. (US)
• Sonoco (US)
• Huhtamaki Oyj (Finland)
• Albea SA (France)
• HCP Packaging (China)
• TriMas Corporation (US)
• AptarGroup, Inc. (US)
• Gerresheimer AG (Germany)
• DS Smith PLC (UK)
• World Wide Packaging LLC (US)
• Graham Packaging International (France)
• Libo Cosmetics Co., Ltd. (China)

The Global Cosmetic Packaging Market is segmented as follows:

By Type Segment Analysis

• Bottles
• Tubes
• Jars
• Containers
• Blister & Strip Packs
• Aerosol Cans
• Folding Cartons
• Flexible Plastics
• Others (include tins, liquid cartons, and flexible paper)

By Material Segment Analysis

• Glass
• Metal
• Paper-based
• Rigid Plastic
• Flexible Packaging

By Application Segment Analysis

• Skincare
• Hair Care
• Color Cosmetic
• Sun Care
• Oral Care
• Fragrances & Perfumes

By Regional Segment Analysis

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America