offer
all report title image
  • Published On : Oct 2022
  • Code : CMI3058
  • Industry : Packaging
  • Pages : 140
  • Formats :

Cosmetic packaging is the packaging of cosmetic products that also helps in brand positioning. Packaging materials are produced from paper, plastic, metal, and glass. Cosmetic packaging has different forms such as tubes, bottles, jars, pumps & dispensers, and sachets.

Global cosmetic packaging market was valued at US$ 29295.61 Million in 2021 in terms of revenue, exhibiting a CAGR of 3.84 % during the forecast period (2022 to 2030).

Drivers

The growing importance of packaging for cosmetic brand differentiation is expected to foster the market growth of cosmetic packaging. Key manufacturers in the cosmetics and personal care industry are majorly focusing on marketing for enhancing brand visibility by using packaging as a 'key differentiator' from their competitors.

Regionally, Asia Pacific was dominant in the global cosmetic packaging market in 2021, reporting 33% market share in terms of revenue, followed by Europe and North America.

Figure 1. Global Cosmetic Packaging Market Revenue Share (%), By Region, 2021

Cosmetic Packaging  | Coherent Market Insights

Market Restraints

A consolidated supplier base is a key factor restricting the market growth. Sourcing of raw material has been a major concern for most cosmetic packaging manufacturers, especially in the case of metal and glass. Moreover, the number of suppliers is comparatively less than plastic suppliers for cosmetic packaging. Thus, raw materials are sourced at higher prices, posing challenges for the company to package their products at a low cost and maintain overall profitability. This factor is expected to hinder the market growth.

CMI table icon

Cosmetic Packaging Market Report Coverage

Report Coverage Details
Base Year: 2021 Market Size in 2021: US$ 29295.61 Mn
Historical Data for: 2017-2020 Estimated Year: 2022
Forecast Period 2022 to 2030 CAGR: 3.84 % Forecast Period: 2022-2030
Geographies covered:
  • North America: U.S., Canada
  • Latin America: Mexico, Brazil, Argentina, Columbia, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, and Rest of Asia Pacific
  • Middle East & Africa: GCC, South Africa, and Rest of Middle East & Africa
Segments covered:
  • By Material Type: Glass, Paper, Plastic, Metal, and Others
  • By Container Type: Jars, Tubes, Bottles, Pumps & Dispensers, Sachets, and Others
  • By Application: Skin Care, Hair Care, Makeup, and Nail Care
  • By Declared Capacity: Type 1 (Bellow 50 ml), Type 2 (50 ml – 100 ml), Type 3 (100 ml – 150 ml), Type 4 (150 ml – 200 ml), and Type 5 (Above 200 ml) 
Companies covered:

Aptar Group, Inc., RPC Group Plc, Gerresheimer AG, Amcor Limited, Albea S.A., Libo Cosmetics Company, Ltd, Quadpack Industries, HCP Packaging, Fusion Packaging, and ABC Packaging Ltd. 

Growth Drivers:
  • Brand differentiation through packaging
  • Rising awareness for anti-aging products among the female population
Restraints & Challenges:
  • Consolidated Supplier Base

Market Trends

3D printing is a new trend and is rapidly adopted by cosmetic packaging market players across the globe. Several key manufacturers are introducing 3D printing for cosmetic packaging in their product offerings. The use of 3D printing offers an aesthetic look to the cosmetic products and is mostly used for fragrances and shampoo packages. Thus, its added advantage of giving aesthetic look to the products is projected to foster the market growth of the cosmetic packaging.

Figure 2. Global Cosmetic Packaging Market Value Share (%), By Material Type, 2021

Cosmetic Packaging  | Coherent Market Insights

Based on material type, the plastic segment is expected to be a dominant in the global cosmetic packaging market in 2021, accounting for 56.27 % share in terms of revenue, followed by paper and glass segments. The low cost of plastic is the primary factor driving the growth of the plastic segment.

Recent Developments

  • In April 2022, Amcor, a global leader in designing and manufacturing environment-friendly packaging solutions, announced that it will be the first company to acquire certified circular polyethylene substance using ExxonMobil's Exxtend technology for enhanced recycling
  • In March 2022, Berry Global Group collaborated with Koa to introduce 100% recycled plastic body cleanser and body moisturizer bottles. Berry Global, as an industry leader in sustainability, is committed to making a positive environmental effect through streamlined processes, continuously engaged partners, and optimized goods.

In May 2022, Carlyle announced that firms linked with Baring Private Equity Asia will mutually collaborate to buy a 100% position in HCP Packaging, a leading provider in the design, development, and manufacturing of cosmetic packaging.

Competitive Section

Major players operating in the global cosmetic packaging market include Aptar Group, Inc., RPC Group Plc., Gerresheimer AG, Amcor Limited, Albea S.A., Libo Cosmetics Company, Ltd, Quadpack Industries, HCP Packaging, Fusion Packaging, and ABC Packaging Ltd. 

The cosmetic packaging market is observing notable growth, owing to growing demand of consumers and growing focus on aesthetics. Also, increasing aging population is another factor driving the growth of the market. Furthermore, improvement in the lifestyle of individuals and expanding disposable incomes led to imposing a positive impact factor on the growth of the market. The global cosmetic packaging market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market growth.

Market Dynamics

  • A preparation either natural or artificial used to improve the appearance of the body, particularly face are regarded as cosmetics. Make-up is also a term often interchangeable used for cosmetics, but largely indicates face care products. However, the cosmetics also encompasses hair care, nail care and body care, apart from face care. Packaging materials such as plastic, paper, metal or glass which are used as primary packaging material to pack cosmetic products have been considered as cosmetic packaging in this report.
  • Factors such as changing lifestyles of people, services provided by the beauty and wellness industry, and increasing middle class population in developing countries of Asia Pacific are expected to drive the market growth during the forecast period. In addition, declining unemployment rate coupled with per capita disposable income in developing countries of Asia Pacific are the macroeconomic factors, which are expected to fuel demand for beauty and wellness services. Moreover, usage of cosmetics in commercial spaces is comparatively higher than that in households, and this trend is expected to continue throughout the forecast period.
  • Key players operating in the full buy providers industry are offering innovative designing and sustainable packaging solutions to attract customer attention and are also reducing the carbon footprint of the packaging material. For instance, in April 2020, Shiseido (Japan) launched the brand Baum, with a total of 27 products that are completely based on natural and clean formulations. The packaging material is made from bio-based PET, recycled glass, and up-cycled oak pieces.
  • Major players operating in the cosmetic packaging market are focusing on various strategies such as capacity expansion in order to meet the increasing demand for cosmetics and strengthen their market presence. For instance, in October 2018, Kolmar completed the construction of its second overseas factory in China, which is located on 63,117 square meter land area with total floor area of 74,600 square meters. It is the single largest cosmetics manufacturing facility in China.
  • Packaging plays a key role in branding cosmetic products by increasing the aesthetic appeal of the product that attracts new customers, retain existing customers, and add to its brand differentiation. Thus, cosmetic companies mainly focus on attractive, portable, and effective packaging that provides multifunctional properties to its customers and this is expected to fuel the growth of the cosmetic packaging market.

Key features of the study:

  • This report provides an in-depth analysis of the global cosmetic packaging market, and provides market size (US$ Million and Tons) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global cosmetic packaging market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Aptar Group, Inc., RPC Group Plc., Gerresheimer AG, Amcor Limited, Albea S.A., Libo Cosmetics Company, Ltd, Quadpack Industries, HCP Packaging, Fusion Packaging, and ABC Packaging Ltd.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
  • The global cosmetic packaging market report caters to various stakeholders in this industry including investors, suppliers, stevia manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cosmetic packaging market

Detailed Segmentation:

  • Global Cosmetic Packaging Market, By Material Type:
    • Glass
    • Paper
    • Plastic
    • Metal
    • Others
  • Global Cosmetic Packaging Market, By Container Type:
    • Jars
    • Tubes
    • Bottles
    • Pumps & Dispensers
    • Sachets
    • Others
  • Global Cosmetic Packaging Market, By Application:
    • Skin Care
    • Hair Care
    • Makeup
    • Nail Care
  • Global Cosmetic Packaging Market, By Declared Capacity:
    • Type 1 (Bellow 50 ml)
    • Type 2 (50 ml – 100 ml)
    • Type 3 (100 ml – 150 ml)
    • Type 4 (150 ml – 200 ml)
    • Type 5 (Above 200 ml)
  • Global Cosmetic Packaging Market, By Region:
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Italy
      • France
      • Germany
      • Spain
      • Russia
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
    • Middle East & Africa
      • Middle East
      • Africa
  • Company Profiles
    • Aptar Group, Inc. *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • RPC Group Plc.
    • Gerresheimer AG
    • Amcor Limited
    • Albea S.A.
    • Libo Cosmetics Company, Ltd
    • Quadpack Industries
    • HCP Packaging
    • Fusion Packaging
    • ABC Packaging Ltd

“*” marked represents similar segmentation in other categories in the respective section

Frequently Asked Questions

Global cosmetic packaging market was valued at around US$ 29295.61 Million in 2021.
Use of packaging material for brand differentiation is expected to fuel the market.
Shifting preferences of consumers towards natural and organic products is expected to escalate the market. 
Low number of suppliers for metal and gas is expected to hamper the market growth during the forecast period. 
Major players operating in the market include Aptar Group, Inc., RPC Group Plc, Gerresheimer AG, Amcor Limited, Albea S.A., Libo Cosmetics Company, Ltd, Quadpack Industries, HCP Packaging, Fusion Packaging, and ABC Packaging Ltd.
The market is estimated to grow at around 3.84 % CAGR during the forecast period (2022-2030).

Related Reports

EXISTING CLIENTELE

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients
trusted clients logo