Cosmetic Packaging Market Growth Outlook: 4.15% CAGR and Nearing US$ 41.82 Bn by 2029
Cosmetic Packaging Market Growth Outlook: 4.15% CAGR and Nearing US$ 41.82 Bn by 2029
Due to improved living standards and economic growth, millennials and urban populations have become more discerning consumers, and as a result, the cosmetics industry has increased the amount of high-end packaging it uses to maintain product quality and shelf life.

Forecast Increase in Revenue:

The Cosmetic Packaging Market size was valued at US$ 31.46 Bn in 2022 and the total revenue is expected to grow at 4.15% through 2023 to 2029, reaching nearly US$ 41.82 Bn.

Cosmetic Packaging Market Overview:

Maximize Market Research, a leading business research firm, has released an insightful report on the “Cosmetic Packaging Market.” This comprehensive study offers an in-depth analysis of industry trends, including business insights, demand dynamics, pricing strategies, and the competitive landscape, covering the forecast period extensively.

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Cosmetic Packaging Market Report Scope and Research Methodology:

The report offers a thorough examination of the Cosmetic Packaging Market, encompassing segmental analysis, significant developments, market dynamics, and the competitive landscape. Data for this study has been gathered through both primary and secondary research methods, including government publications, news articles, and corporate annual reports. It includes an evaluation of major players in the Cosmetic Packaging Market, recent innovations, and notable mergers and acquisitions. Visual representations within the report illustrate import/export data, leading market players, market share, and revenue figures. Additionally, the report provides an overview of the drivers, challenges, opportunities, and trends influencing the Cosmetic Packaging Market.

Cosmetic Packaging Market Segmentation:

by Material Type

Plastic
Metal
Glass
Paper
Others

by Container Type

Plastic Bottles and Containers
Glass Bottles and Containers
Metal Containers
Folding Cartons
Corrugated Boxes
Caps and Closures
Tubes and Sticks
Droppers

Because of the growing demand for bottles from manufacturers of personal care and hair care products, bottles held the largest market share among all types of cosmetic packaging in 2022 based on container type. Bottles can be customized with original ideas and designs to suit the needs of the market.

by Capacity

Type 1 (< 50 ml)
Type 2 (50-100 ml)
Type 3 (100-150 ml)
Type 4 (150-200 ml)
Type 5 (>200 ml)

by Application

Hair Care
Skin Care
Nail Care
Make-up
Deodorants

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Cosmetic Packaging Market Key Players:

1. Albea S.A.
2. Amcor PLC
3. DS Smith PLC
4. RPC Group Plc (Berry Global Group)
5. HCP Packaging
6. Silgan Holdings, Inc.
7. Graham Packaging
8. Libo Cosmetics Company
9. AptarGroup, Inc.
10.Cosmopak Ltd.
11.Quadpack Industries SA
12.Rieke Corporation
13.Gerresheimer AG
14.Raepak Ltd
15.Ball Corporation
16.Verescence France
17.SKS Bottles & Packaging, Inc.
18.Altium Packaging (Loews Corporation)
19.Other Key Players

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Cosmetic Packaging Market Regional Insights:

Due to the growing popularity of cosmetics in the region, the Asia Pacific Cosmetic Packaging Market is anticipated to grow at the fastest rate during the forecast period. The cosmetic packaging market was estimated to be worth USD 10.50 billion in the Asia Pacific region. The presence of a large number of suppliers in the area is another element encouraging market expansion.

Key questions answered in the Cosmetic Packaging Market are:

  • What recent industry trends can be leveraged to create additional revenue streams in the Cosmetic Packaging Market?
  • Which segments are included in the Cosmetic Packaging Market?
  • Who are the leading companies in the Cosmetic Packaging Market, and what are their portfolios?
  • What is the Cosmetic Packaging Market?
  • What was the size of the Cosmetic Packaging Market in the past?
  • What is the current growth rate of the Cosmetic Packaging Market?
  • What factors are anticipated to drive growth in the Cosmetic Packaging Market?
  • Who are the key players in the Cosmetic Packaging Market?
  • What are the different segments within the Cosmetic Packaging Market?
  • What growth strategies are companies adopting to enhance their presence in the Cosmetic Packaging Market?
  • What are the emerging industry applications and trends in the Cosmetic Packaging Market?

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