Global Cosmetic Packaging Market: Snapshot

As per the report released by the export government, the total US cosmetic market size was estimated to be $9,668 million in 2017. [1] The boost in the cosmetic production will create a demand for the packaging of the product that will drive growth prospects in the cosmetic packaging market. The cosmetic packaging market is witnessing progress with innovating packaging types and designs such as tubes, jars & containers, and bottles. There is an increased demand for the plastic packaging, and this could be understood better with new findings by IndustryARC, that has estimated the global cosmetic packaging market to be worth $25.5 billion as of 2018. Moreover, the analyst of the report projects the demand in the global cosmetic packaging market to increase at compound annual growth rate (CAGR) of 4.5% during the forecast period of 2019 to 2025.

The report is titled “Cosmetics Packaging Market: By Type (Bottles, Tubes, Jars & Containers, Sticks, Pumps & Dispensers, Pen Types, Roller Balls, Caps & Closures), By Material (Plastic, Glass, Metal, Paper), By Application (Hair Care, Skin care, Nail Care, Make-up),& By Geography-Forecast (2019-2025).”

Furthermore, as per the report by the trade government of the U.S., personal care and cosmetics exports to China is estimated to be between $500 billion to $600 billion in 2015, and hence the U.S. cosmetic industry is anticipated to be the largest global cosmetic market during the forecast period.[2] As per the IndustryARC analyst, North America was the major region with a demand share of 35% in 2018. However, the increasing demand for cosmetic products and growing consumer awareness in the emerging region is leading to developments in innovative packaging solutions that is going to boost the cosmetic packaging market. Furthermore, the hair care segment is expected to expand at an above-average CAGR of 5.5% through to 2025. Rising beauty and health awareness in consumers has led to an increase in hair care and skin care product sales that is adding the significance growth in the market.

 

Global Cosmetic Packaging Market Demand and Growth Drivers:

 

·         Rise in Disposable Income

Cosmetic packaging market is expected to be driven by aspects such as rise in disposable income as well as increase in number of women employment. This is resulting in the escalation of cosmetic consumption which is estimated to register a progression in the cosmetic packaging market.

·         Organic Product Demanding Advanced Packaging Technologies

Rising health awareness among consumers for negative effects of chemical-based cosmetics are influencing population to opt for organic products. These products require extra protection to extend shelf life and to maintain the property of cosmetic mixture. Advances in printing technology are helping producers to develop and design high-graphic printed beauty packaging products. Additionally, the cost of organic products are slightly high, and that in turn will increase the incentive for manufactures in the cosmetic packaging market.

·         Advertisement and Sales Driving the Market

Expanding urbanization and increased the sales of cosmetic and body care product through e-commerce and retail channels is influencing the growth of the market.

 

Global Cosmetic Packaging Market Trends:

 

·         Packaging design and additional special features are major contributors for the sales of the product. Consumers, especially millennial look for glamorous, luxury, and attractive packaging such as glass cosmetic packaging with attractive prints. The major features required for cosmetic packaging are attractiveness and sustainability. They must be easy to handle and transport. These features are poised to attract more consumers towards the product.

·         Single use cosmetic packaging is one of the latest trends in the cosmetic packaging market. The packaging is made up of recyclable plastic cosmetic jars, wraps, and cosmetic containers. This packaging is travel–friendly, it is gaining traction from consumers who travel on everyday basis, and it is influencing the cosmetic packaging market.

·         New packaging design such as airless and 3D printed bottles are growing the market due to changing consumers demand on everyday basis. This kind of packaging increases the cosmetic product shelf life up to 15%. Hence, this demand for more such packaging cosmetic bottles are boosting the cosmetic packaging market.

 

Global Cosmetic Packaging Market Competitors:

There are pool of players in cosmetic packaging market such as Albea Group, HCP Packaging, RPC Group, Gerresheimer Holdings, Silgan Holdings, ABC Packaging, Aptar Group, Bemis, Arexim Packaging, and DS Smith.

 

Conclusion

Packaging design and additional special features are major contributors for the sales of the product. New packaging such as 3D printed and airless bottles along with high graphic prints in bottles are boosting the cosmetic packaging market, with the demand increasing at a CAGR of 4.5% through to 2025. Rising health awareness in consumers has led to an increase in hair care application segment in the cosmetic packaging market.

 

Talk to one of our sales representative about the full report by providing your details in the link below:

 

https://www.industryarc.com/support.php?id=15263

 

Related Reports:

A.    Tube Packaging Market

https://www.industryarc.com/Report/15144/tube-packaging-market.html

B.     Global Smart Packaging Market

https://www.industryarc.com/Report/240/global-smart-packaging-market-report.html

C.    Thermoform Packaging Market

https://www.industryarc.com/Research/Thermoform-Packaging-Market-Research-501476

 

What can you expect from the report?

The Cosmetic Packaging Market is prepared with the main agenda to cover the following 20 points:

 

1. Market Size by Product Categories & Application            11. Demand Analysis (Revenue & Volume)

2. Market trends & Relevant Market Data                            12. Country level Analysis

3. Manufacturer Landscape                                                   13. Competitor Analysis

4. Distributor Landscape                                                       14. Market Shares Analysis

5. Pricing Analysis                                                                 15. Value Chain Analysis

6. Top 10 End user Analysis                                                  16. Supply Chain Analysis

7. Product Benchmarking                                                      17. Strategic Analysis

8. Product Developments                                                      18. Current & Future Market Landscape                                                                                                         Analysis

9. Mergers & Acquisition Analysis                                         19. Opportunity Analysis

10. Patent Analysis                                                                  20. Revenue and Volume Analysis

 

Frequently Asked Questions:

 

Q. Does IndustryARC provide customized reports and charge additionally for limited customization?

Response: Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization:

1. Increase the level of data in application or end user industry.

2. Increase the number of countries in geography chapter.

3. Find out market shares for other smaller companies or companies which are of interest to you.

4. Company profiles can be requested based on your interest.

5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.

 

Any other custom requirements can be discussed with our team, drop an e-mail to [email protected]  to discuss more about our consulting services.

 

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About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.