The new report from Expert Market Research titled “Global Packaging Cosmetic Market Report and Forecast 2022-2027”, provides an in-depth analysis of the global Cosmetic Packaging market, evaluating the market based on its segments such as types, materials, applications and large regions . The report tracks the latest industry trends and studies their impact on the global market. It also assesses market dynamics, covering key demand and price indicators, as well as analyzing the market based on Porter’s SWOT and Five Forces models.
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Highlights of the report include:
Market overview (2016-2027)
- Historical market size (2021): $ 32.97 billion
- CAGR forecast (2022-2027): 4.2%
- Market Size Forecast (2027): $ 42.21 billion
The market is being helped by the growing demand for durable and affordable cosmetic packaging. The growing demand for natural and organic cosmetics is driving up the demand for clear and clean-label packaging, which is boosting the cosmetic packaging market. The growing demand for personalized cosmetic packaging is increasing the use of plastic and paper materials, which is driving the growth of the market. As the online retail sector is witnessing strong growth, the demand for cosmetic packaging for innovative cosmetic products is on the rise. Furthermore, the launch of various cosmetic products on e-commerce platforms such as Amazon and Walmart is increasing the demand for smart packaging, which are driving the growth of the market.
Definition of the sector and main segments
Cosmetic packaging refers to the packaging of cosmetic products and fragrances to protect the product from external environmental conditions. Prevents spillage and spillage of cosmetic products during logistics and transportation. Cosmetic packaging is also used to increase the aesthetic appeal of cosmetic products.
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The market, by type, is divided into:
The main materials of cosmetic packaging:
- Card based
- rigid plastic
- Flexible packaging
Based on the applications, the market is segmented into:
- Skin care
- Hair care
- Cosmetic Color
- Sun care
- Oral hygiene
- Fragrances and Perfumes
The main regional markets for cosmetic packaging are:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The growth of the cosmetic packaging industry is driven by the growing demand for sustainable cosmetics, which is increasing the demand for eco-friendly materials. The increased focus on sustainability is increasing the demand for reusable and refillable cosmetics, which is boosting market growth. The growth of the market can also be attributed to the introduction of various strict regulations by the governments of European and North American countries which are increasing the use of biodegradable materials, which is driving the growth of the market. In addition, the growing demand for cosmetic cosmetic packaging with interactive labels to increase consumer engagement is expected to significantly contribute to the growth of the industry.
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Main market players
The main competitors identified in this market are Amcor Plc, Berry Global Inc., DS Smith Plc, Huhtamaki Oyj, Silgan Holdings Inc. and Albéa Group, among others. The report covers market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments from these market players.
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