Global Cosmetic Packaging Market By Material Type (Plastic, Glass, Metal, Paper), By Product Type (Plastic Bottles & Containers, Glass Bottles & Containers, Metal Containers, Folding Cartons, Corrugated Boxes, Tubes & Sticks, Caps & Closures, Pump & Dispenser, Dropper, Ampoules, Flexible Plastic Packaging), By Cosmetic Type (Hair Care, Colour Cosmetics, Skin Care, Men’s Grooming, Deodorants, Other) and By Region (North America, Europe, Asia Pacific, Latin America, MEA) - Global Forecasts 2017 To 2027.

Date : May 2021

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Report ID : 79

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Category : Packaging Materials

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Report Format:  PDF EXCEL PPT WORD

Cosmetic Packaging Market Definition and Estimation:

Cosmetic packaging, as the name suggests, refers to packing cosmetics and personal care products like make-up, deodorants, fragrances, skin care products and more. It usually involves the use of containers and bottles and may occasionally use cartons, ampoules, dispensers, etc. to store products. The most widely used materials are plastic, glass and metal, however, paper may also be used in certain cases. These packaging are standardized by the International Organisation of Standardization and regulated by national and regional agencies. The packaging must be such that besides storing, it protects the product from deterioration and preserves its quality.

The global cosmetic packaging market size was USD 26.81 million in 2019 and expected to reach USD 36.15 million by 2027; this converts into a compound annual growth rate (CAGR) of 3.81% for the forecast period.

Cosmetic Packaging Market Overview:

The packaging industry receives a demand from various sectors such as food & beverage, healthcare, manufacturing, automotive, personal care & beauty, etc. As a result, the industry was expected to register steady growth. However, the pandemic led to partial or full closures of many sectors, thus creating a decline in demand for packaging. Nevertheless, the second half of 2020, with the increase in food & beverage packaging and a slight surge in demand for personal care products, offset the regression. The growing focus on sustainable packaging will boost the industry. Also, with the manufacturing sector resuming its activities, the packaging industry will display positive signs.

The Cosmetic Packaging Market is Segmented to include:

By Material Type:

  • Plastic
  • Glass
  • Metal
  • Paper

By Product Type:

  • Plastic bottles and containers
  • Glass bottles and containers
  • Metal containers
  • Folding cartons
  • Corrugated boxes
  • Tubes and sticks
  • Caps and closures
  • Pump and dispenser
  • Droppers
  • Ampoules
  • Flexible plastic packaging

By Cosmetic Type:

  • Haircare
  • Colour cosmetics
  • Skincare
  • Men’s grooming
  • Deodorants
  • Other cosmetics

Features such as low cost, lightweight, flexibility, durability, impact-resistant, spillproof, etc. have made plastic the preferred material for packaging of cosmetics. These features have resulted in the dominance of the plastic segment in 2019. It secured more than one-half of the cosmetic packaging market i.e., around USD 13 million in revenue. These features are also the reason for the segment’s anticipated high CAGR of close to 6% from 2020 to 2027.

The plastic bottles & containers segment held nearly 20% of the market in 2019. It accumulated just under USD 5 million in revenue. Bottles offer durability and can hold more volumes of the product, containers can be molded in different shapes and plastic is lightweight, flexible, transparent, and provides impact resistance. As a result, the segment is also projected to register a high CAGR of over 5.5% during the forecast period.

Skincare products have witnessed a significant demand in recent times due to the rising awareness regarding its minimum to no adverse effects. Also, the increase in skin problems is encouraging its growth. The surge in the use of anti-aging creams, sun protection creams, face creams, and more across the globe is propelling the skincare segment of the cosmetic packaging market forward. The segment garnered approximately USD 9 million in 2019 which corresponds to over 30% of the market. On the other hand, colour cosmetics, also known as make-up, is predicted to emerge as the fastest-growing segment with a CAGR of more than 6.5% from 2020 to 2027. The substantial use of these products is driving the segment’s growth.

Global Cosmetic Packaging Market - By Cosmetic Type

Cosmetic Packaging Market by Geography Overview:

Based on geography, the market is segmented as below:

  • North America
  • Europe
  • APAC
  • Latin America (LATAM)
  • Middle East & Africa (MEA)

North America is one of the largest markets for cosmetics, personal care products, and fragrances. The presence of players like L’Oréal, Unilever, Procter & Gamble Co., etc. is pushing for the use of cosmetics and therefore promoting the cosmetic packaging market in the region. The growing demand for skincare products and the increasing focus on innovative packaging is further boosting the market growth.

Driven by the high-income levels and rising demand for cosmetics, the Middle East is estimated to be one of the important markets for the cosmetic industry. The market in Latin America is anticipated to witness a steady growth due to the high-usage of make-up in the region.

While Asia-Pacific did capture more than 30% of the market, it is expected to grow at an approximate 6.5% CAGR during the forecast timeline. Factors contributing the growth of this market are surge in population, increasing use of cosmetics in the region, the introduction of new products such as anti-tanning solutions, upsurge in income levels, rapid urbanization, inexpensive labor, inadequate norms and standards for use of raw materials in packaging products, etc.

Cosmetic Packaging Market Dynamics:

Rapid urbanization, the surge in disposable income as well as increasing consumer consciousness towards beauty and cosmetic products have resulted in increased demand. The use of organic ingredients in colour cosmetics is motivating cosmetic packaging market growth. The rise of digital media influencers is positively influencing the market. Along with extensive marketing and the launch of new products, companies are utilizing innovative packaging to attract more consumers. This, in turn, will contribute to the progress of the market.

The most commonly used cosmetic packaging material is plastic. Most of the packaging is made of single-use plastic that is neither recyclable nor environment friendly. Furthermore, it adds to land and water pollution causing serious damage to the respective ecosystem. Several countries are now implementing stringent regulations to minimize the use of such materials. These regulations and similar initiatives will act as a restraining factor for the market’s progress.

The market is studied by analyzing all the key market participants across the ecosystem. The key players include, but not limited to:

  • Albea SA
  • HCP Packaging Co. Ltd
  • RPC Group PLC (Berry Global Group)
  • Silgan Holdings Inc.
  • DS Smith PLC
  • Graham Packaging Company L.P.
  • Libo Cosmetics Company Ltd.
  • Aptargroup Inc
  • Amcor PLC
  • Cosmopak Ltd
  • Quadpack Industries SA
  • Rieke Corp
  • Gerresheimer AG
  • Raepak Ltd.

Recent News and Developments in the Cosmetic Packaging market:

  1. Berry Bramlage announced the launch of a lightweight PE super soft flip-top closure for tubes in March 2021. This closure combined with a PE-based tube offers a mono-material package that allows for easier recyclability. 
  2. Albea SA established a new plant in Huai’an, China in January 2020. This plant will include the manufacture of metal parts for cosmetic and skin care packaging.
  3. In September 2020, HCP Packaging Co. Ltd. completed the acquisition of Hetian Packaging Co. Ltd. This acquisition expands the company’s aluminium packaging manufacturing and development capabilities.

Frequently Asked Questions (FAQs)

How big is the global cosmetic packaging market?

The market size was USD 26.81 Mn in 2019 and expected to reach USD 36.15 Mn by 2027.

What is the estimated market growth?

The market is estimated to grow at a compound annual growth rate (CAGR) of 3.81% during the forecast period.

Which geography accounted for the largest market share?

In the base year, APAC held the largest geographic share of the market.

Which geography is lucrative for an investment in the global cosmetic packaging market?

With the highest growth-rate, APAC is the most lucrative region for investments.

Which is the fastest growing sub-segment of the cosmetic type segmentation of the market?

Skin care is the fastest growing sub-segment when analysing the market by cosmetic type.

Who are the key players in the global cosmetic packaging market?

A few key players include, but not limited to: Albea SA, Hcp Packaging Co. Ltd, RPC Group PLC (Berry Global Group), Silgan Holdings Inc., DS Smith PLC, Graham Packaging Company L.P., Libo Cosmetics Company Ltd., Aptargroup Inc, Amcor PLC, Cosmopak Ltd, Quadpack Industries SA, Rieke Corp, Gerresheimer AG, Raepak Ltd.

Author Credentials

Priyanka has been writing chemicals & material market research reports for the last 12 years. A post-graduate, her specialization is in the chemicals sector. Preparing end-to-end reports covering minute details for market insights, competitive intelligence and trend analysis in the CMFE sector.

Chapter 1.  Research Objective

1.1 Objective, Definition & Scope

1.2 Methodology

   1.2.1 Primary Research

   1.2.2 Secondary Research

   1.2.3 Market Forecast - Estimation & Approach

   1.2.4 Assumptions & Assessments

1.3 Insights and Growth - Relevancy Mapping

   1.3.1 FABRIC Platform

1.4 Data mining & efficiency

Chapter 2.  Executive Summary

2.1 Global Cosmetic Packaging Market Overview

2.2 Interconnectivity & Related markets

2.3 Ecosystem Map

2.4 Global Cosmetic Packaging Market Business Segmentation

2.5 Global Cosmetic Packaging Market Geographic Segmentation

2.6 Competition Outlook

2.7 Key Statistics

Chapter 3.  Strategic Analysis

3.1 Global Cosmetic Packaging Market Revenue Opportunities

3.2 Cost Optimization

3.3 Covid19 aftermath - Analyst view

3.4 Global Cosmetic Packaging Market Digital Transformation

Chapter 4.  Market Dynamics

4.1 DROC

4.1.1 Drivers

4.1.1.1 Increasing Consumption of Cosmetic Products

4.1.1.2 Increasing Focus on Innovation and Attractive Packaging

4.1.2 Restraints

4.1.2.1 Growing Sustainability Concerns

4.1.3 Opportunities

4.1.4 Challenges

4.2 PEST Analysis

   4.2.1 Political

   4.2.2 Economic

   4.2.3 Social

   4.2.4 Technological

4.3 Market Impacting Trends

    4.3.1 Positive Impact Trends

    4.3.2 Adverse Impact Trends

4.4 Porter's 5-force Analysis

4.5 Market News - By Segments

   4.5.1 Organic News

   4.5.2 Inorganic News

4.6 Price Trend Analysis

Chapter 5. Market Segmentation

5.1 The Global Cosmetic Packaging Market Segmentation by material type - Forecast till 2027

5.1.1 Plastic

5.1.2 Glass

5.1.3 Metal

5.1.4 Paper

5.2 The Global Cosmetic Packaging Market Segmentation By product type - Forecast till 2027

5.2.1 Plastic Bottles and Containers

5.2.2 Glass Bottles and Containers

5.2.3 Metal Containers

5.2.4 Folding Cartons

5.2.5 Corrugated Boxes

5.2.6 Tubes and Sticks

5.2.7 Caps and Closures

5.2.8 Pump and Dispenser

5.2.9 Droppers

5.2.10 Ampoules

5.2.11 Flexible Plastic Packaging

5.3 The Global Cosmetic Packaging Market Segmentation By cosmetic type - Forecast till 2027

5.3.1 Hair Care

5.3.2 Colour Cosmetics

5.3.3 Skin Care

5.3.4 Men’s Grooming

5.3.5 Deodorants

5.3.6 Other Cosmetics

 

North America Global Cosmetic Packaging Market Segmentation

By Material type - Forecast till 2027

By Product type - Forecast till 2027

By Cosmetic type - Forecast till 2027

 

Europe Global Cosmetic Packaging Market Segmentation

By Material type - Forecast till 2027

By Product type - Forecast till 2027

By Cosmetic type - Forecast till 2027

 

APAC Global Cosmetic Packaging Market Segmentation

By Material type - Forecast till 2027

By Product type - Forecast till 2027

By Cosmetic type - Forecast till 2027

 

Latin America (LATAM) Global Cosmetic Packaging Market Segmentation

By Material type - Forecast till 2027

By Product type - Forecast till 2027

By Cosmetic type - Forecast till 2027

The regions are further studied to analyse the major countries within the respective regions. The coverage of the country level data is dynamic and is updated regularly based on the market movements. Normally, the countries covered in the report include

North America - United States, Canada, Mexico; Europe - United Kingdom, France, Italy, Germany, Spain, Rest of Europe; Asia Pacific - China, India, Japan, South Korea, Rest of APAC; Middle East & Africa - South Africa, GCC Countries, Rest of MEA; LatAm - Brazil, Argentina, Rest of LatAm;

Chapter 6.  Market Use case studies

Chapter 7.  KOL Recommendations

Chapter 8.  Investment Landscape

8.1 Global Cosmetic Packaging Market Investment Analysis

8.2 Market M&A

8.3 Market Fund Raise & Other activity

Chapter 9. Global Cosmetic Packaging Market - Competitive Intelligence

9.1 Company Positioning Analysis

   9.1.1 Positioning - By Revenue

   9.1.2 Positioning - By Business Score

   9.1.3 Legacy Positioning

9.2 Competitive Strategy Analysis

   9.2.1 Organic Strategies

   9.2.2 Inorganic Strategies

Chapter 10.  Key Company Profiles

The Global Cosmetic Packaging Market report profiles companies based on the material impact they have on the market ecosystem. These are hence, to be read as 'Key Players' and not necessarily 'Market Leaders'.

Companies are typically profiled to include

10.x.1 Company Fundamentals

10.x.2 Performance Overview

10.x.3 Product Overview

10.x.4 Recent Developments

 

The Companies profiled in this report include

  • Albea SA
  • HCP Packaging Co. Ltd
  • RPC Group Plc (Berry Global Group)
  • Silgan Holdings Inc.
  • DS Smith PLC
  • Graham Packaging Company L.P.
  • Libo Cosmetics Company Ltd.
  • Aptargroup Inc.
  • Amcor PLC
  • Cosmopak Ltd.
  • Quadpack Industries SA
  • Rieke Corp.
  • Gerresheimer AG
  • Raepak Ltd.

Chapter 11.  Appendix

11.1 About ResearchCMFE

11.2 Service offerings

11.3 Author details

11.4 Terms & Conditions

11.5 Contact us

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