United Kingdom Makeup Packaging Market To Grow At Highest Pace Owing To Innovative Product Launches
United Kingdom Makeup Packaging Market To Grow At Highest Pace Owing To Innovative Product Launches
The United Kingdom makeup packaging market comprises a wide range of packaging solutions such as plastic

The United Kingdom makeup packaging market comprises a wide range of packaging solutions such as plastic jars, bags, compacts, lip glosses cases, bottles, tubes, and containers that are utilized to pack beauty and cosmetic products including lipsticks, foundations, powders, concealers, BB & CC creams, eyeshadows, mascaras, and other makeup products. Makeup packaging provides protection to makeup products from external environmental factors such as sunlight, moisture, contamination and dust, while also enabling manufacturers in retaining the quality and ensuring longer shelf life of formulations. Moreover, innovative and attractive packaging plays a crucial role in branding and marketing strategies of companies by drawing consumer attention on shelves.

The United Kingdom Makeup Packaging Market is estimated to be valued at US$ 112.2 Mn in 2024 and is expected to exhibit a CAGR of 2.3% over the forecast period 2024-2031.

Key Takeaways

Key players operating in the United Kingdom makeup packaging are Albéa UK Limited, Amcor PLC, DS Smith PLC, Gerresheimer AG, Quadpack and Among Others. Key players are adopting various organic and inorganic growth strategies such as new product launches, mergers & acquisitions and collaborations to enhance their market presence. For instance, in 2021, Amcor PLC acquired Bemis Company, Inc., a major American packaging company, to strengthen its position and expand capabilities.

The demand for makeup packaging in United Kingdom is growing owing to rising disposable income, growing working women population, increasing investment in personal grooming and rising digital influence. According to reports, the UK cosmetic industry was valued at around £12 billion in 2021 and is expected to grow further in coming years.

In addition, technological advancements in packaging such as innovative shapes & sizes, use of sustainable materials, lightweighting solutions and development of multi-functional and customized packaging are further propelling the United Kingdom makeup packaging market growth. For example, introduction of frosted glass jars, magnetic & twist caps with pearlized inlays by Albéa UK Limited.

Market Trends

Sustainable packaging is one of the predominant trends being observed in the United Kingdom makeup packaging market. Growing environmental concerns are pushing manufacturers to incorporate recycled, recyclable and bio-based materials in packaging production.

Customization and Multi-functionality are another key trend where manufacturers are offering innovative packaging solutions with features such as built-in mirrors, multiple compartment designs enabling travel-friendly packaging formats.

Market Opportunities

Increasing popularity of Korean & Japanese beauty trends among UK consumers represents a lucrative growth opportunity for manufacturers to launch innovative and exotic packaging designs for niche products in the market.

Rising e-commerce sales of beauty and cosmetic products during the pandemic has surged the demand for secure, tamper proof and lightweight packaging solutions creating new opportunities for packaging manufacturers.

Impact Of COVID-19 On United Kingdom Makeup Packaging Market Growth

The outbreak of COVID-19 pandemic impacted the United Kingdom makeup packaging market significantly. With the imposition of nationwide lockdowns and social distancing measures, the demand and consumption of cosmetic products declined sharply in 2020. This brought the makeup packaging industry to a standstill as manufacturer operations were halted and supply chains disrupted. This led to a significant slowdown in the market growth rate during the period. However, with easing of restrictions from 2021, the market is slowly recovering as cosmetic companies refocused on e-commerce platforms and consumers increased online shopping. The overall impact of the pandemic has changed consumer preferences and packaging needs. Digitalization and sustainability emerged as key trends shaping the future strategies of makeup brands and packaging firms. While pre-pandemic market growth was driven by new product launches and innovative packaging, post-COVID recovery will depend on digitally enabled operations, eco-friendly materials and customized packaging formats optimized for online retail and travel sizes.

United Kingdom Makeup Packaging Market Geographical Concentration

In terms of value, London region accounts for the largest share of the United Kingdom makeup packaging market. The concentration of major cosmetic brands, retailers and contract packaging companies in the capital city has made it a hub for the industry. Other top regions include South East England, followed by West Midlands and Greater Manchester. These regions house key manufacturing facilities of makeup packaging suppliers and have established supply chains catering to local as well as international markets. Consumer demand is also strongest in highly populated urban regions of England which drives packaging production and sales. However, demand growth rates are rising faster in some remote regions thanks to easing of transportation and improved access through e-commerce.

Fastest Growing Region For United Kingdom Makeup Packaging Market

Wales has emerged as the fastest growing region for the United Kingdom makeup packaging market in recent times. Supported by government incentives for industrial development, Wales saw new investments and expansion projects by leading packaging firms. This boosted local production capacities and jobs. Rising per capita disposable incomes also increased makeup spending by younger consumers. Easier internet access in rural areas through fiber broadband further catalyzed the market growth. While the overall size remains smaller compared to major cities, Wales is attracting greater attention of makeup brands and private equity investors looking for relatively untapped opportunities. If infrastructure developments continue at the current pace, Wales is expected to further strengthen its position as a fast growing regional market.

Get more insights on this topic:  https://www.pressreleasebulletin.com/united-kingdom-makeup-packaging-market-is-estimated-to-witness-steady-growth-owing-to-improvements-in-recyclable-materials/

 

Author Bio

Vaagisha brings over three years of expertise as a content editor in the market research domain. Originally a creative writer, she discovered her passion for editing, combining her flair for writing with a meticulous eye for detail. Her ability to craft and refine compelling content makes her an invaluable asset in delivering polished and engaging write-ups. (LinkedIn: https://www.linkedin.com/in/vaagisha-singh-8080b91)

What Are The Key Data Covered In This United Kingdom Makeup Packaging Market Report?

:- Market CAGR throughout the predicted period

:- Comprehensive information on the aspects that will drive the United Kingdom Makeup Packaging's growth between 2024 and 2031.

:- Accurate calculation of the size of the United Kingdom Makeup Packaging and its contribution to the market, with emphasis on the parent market

:- Realistic forecasts of future trends and changes in consumer behaviour

:- United Kingdom Makeup Packaging Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa

:- A complete examination of the market's competitive landscape, as well as extensive information on vendors

:- Detailed examination of the factors that will impede the expansion of United Kingdom Makeup Packaging vendors

FAQ’s

Q.1 What are the main factors influencing the United Kingdom Makeup Packaging?

Q.2 Which companies are the major sources in this industry?

Q.3 What are the market’s opportunities, risks, and general structure?

Q.4 Which of the top United Kingdom Makeup Packaging companies compare in terms of sales, revenue, and prices?

Q.5 Which businesses serve as the United Kingdom Makeup Packaging’s distributors, traders, and dealers?

Q.6 How are market types and applications and deals, revenue, and value explored?

Q.7 What does a business area’s assessment of agreements, income, and value implicate?

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it

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