Cosmetic Packaging Market: 2022 Analysis, Share, Trends, and Overview 2022-2028

The global cosmetics packaging market is anticipated to grow at a CAGR of 4.3% during the forecast period (2022-2028).

Cosmetics packaging refers to cosmetic containers and secondary packaging of fragrances and cosmetic products. Cosmetic products are substances intended for human cleansing, beautifying and promoting an enhanced appearance without altering the body's structure or functions. The major factor attributable to the growing demand for cosmetic packaging include the high demand for cosmetic products across the globe. Population across the globe is demanding innovative, attractive, and sustainable packaging from cosmetic brands, as a result of which key market players are developing innovative cosmetic products to cater to the rising demand for cosmetics packaging solutions.

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For instance, in November 2021, Hindustan Unilever (HUL) unveiled an aggressive plan with innovations in its premium beauty portfolio, including brands such as Baby Dove. Moreover, market players are introducing various graphical and packaging designs in primary & secondary packaging, which makes the packaging more appealing. Such factors are anticipated to boost the growth of the market during the forecast period. Further, China is one of the key markets offering lucrative growth opportunities for the market players. Owing to the high ratio of young population, China experiences high demand for cosmetics. According to the data published by the Worldometer, in 2021, approximately 62.5% of the total Chinese population aged between 16 to 59 years. This is one of the key factors attributable to the market growth during the forecast period.

Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Material Type
o By Product Type
o By Cosmetic Type

• Regions covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape: Amcor plc, Albea Group, DS Smith Plc, AptarGroup Inc., and Essel Propack, Ltd.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Cosmetics Packaging Market Report by Segment

By Material Type
• Plastic
• Metal
• Glass
• Paper
• Others

By Product Type
• Plastic Bottles and Containers
• Glass Bottles and Containers
• Corrugated Boxes
• Tubes and Sticks
• Caps and Closures
• Metal Containers
• Others

By Cosmetic Type
• Skin Care
• Hair Care
• Color Cosmetics
• Deodorants
• Others

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This release was published on openPR.