Press release
Cosmetic Packaging Market to Expand at A CAGR of 4.70 %by 2032 | Companies- Huhtamaki (Finland), Huhtamaki (Finland), Berry Global Group Inc. (U.S.)
The global cosmetic packaging market size was valued at USD 53.40 billion in 2023. The market is projected to grow from USD 55.38 billion in 2024 to USD 79.99 billion by 2032, exhibiting a CAGR of 4.70% during the forecast period.Cosmetic products are widely popular across the world as they can enhance the overall aesthetic appearance. Cosmetic packaging solutions are gaining major traction as they play an important role in promoting makeup items with attractive packaging materials, which can attract more customers. Many advanced technologies are being used in the packaging sector to make appealing designs and texts on the makeup and personal care products. These aspects are predicted to accelerate the cosmetic packaging market growth.
Fortune Business Insightsโข displays this information in a report titled, "Cosmetic Packaging Market, 2024-2032."
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ - https://www.fortunebusinessinsights.com/enquiry/sample/cosmetic-packaging-market-102130
๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐
โถ ALPLA Werke Alwin Lehner (Austria)
โถ Amcor Plc (Switzerland)
โถ Huhtamaki (Finland)
โถ AptarGroup, Inc. (U.S.)
โถ Albรฉa Group (France)
โถ Berry Global Group Inc. (U.S.)
โถ BIG SKY PACKAGING (U.S.)
โถ Gerresheimer (Germany)
โถ LIBO COSMETICS CO. LTD. (China)
โถ SILGAN HOLDINGS INC. (U.S.)
โถ HCP Packaging (China)
โถ Quadpack (Barcelona)
โถ Alovey Cosmetic Packaging Co. Ltd. (China)
โถ FusionPKG (U.S.)
โถ EPL Limited (India)
๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
๐๐ฅ๐๐ฌ๐ฌ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐ญ๐จ ๐๐ ๐๐ข๐๐๐ฅ๐ฒ ๐๐ฌ๐๐ ๐๐ฎ๐ ๐ญ๐จ ๐๐๐ฌ๐ ๐จ๐ ๐๐๐๐ฒ๐๐ฅ๐ข๐ง๐
Based on material, the market is segmented into plastic, paper & paperboard, metal, glass, and others. The glass segment is expected to hold the largest cosmetic packaging market share as glass-based packaging offers great durability, provides a luxurious look to the product, and can be recycled easily.
๐๐๐ญ ๐ ๐๐ฎ๐จ๐ญ๐- https://www.fortunebusinessinsights.com/enquiry/get-a-quote/cosmetic-packaging-market-102130
๐๐ฎ๐ซ๐๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐ง๐ ๐๐ซ๐จ๐ญ๐๐๐ญ๐ข๐จ๐ง ๐๐ ๐๐ข๐ง๐ฌ๐ญ ๐๐จ๐ง๐ญ๐๐ฆ๐ข๐ง๐๐ญ๐ข๐จ๐ง ๐ญ๐จ ๐๐จ๐จ๐ฌ๐ญ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐จ๐ฌ๐ฆ๐๐ญ๐ข๐ ๐๐จ๐ญ๐ญ๐ฅ๐๐ฌ
In terms of product type, the market is divided into tubes, jars, bottles, pumps & dispensers, and others. The bottles segment is predicted to account for the largest market share as they protect the cosmetics from leakage, contamination, and degradation. They are also quite durable as they are made from glass or high-quality plastic.
๐๐ค๐ข๐ง๐๐๐ซ๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐ญ๐จ ๐๐ฑ๐ญ๐๐ง๐ฌ๐ข๐ฏ๐๐ฅ๐ฒ ๐๐ฌ๐ ๐๐จ๐ฌ๐ฆ๐๐ญ๐ข๐ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐ฐ๐ข๐ญ๐ก ๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐๐จ๐ซ๐ญ๐ฌ ๐ญ๐จ ๐๐ซ๐จ๐ญ๐๐๐ญ ๐๐ค๐ข๐ง ๐๐๐๐ฅ๐ญ๐ก
Based on application, the market is bifurcated into skincare, haircare, and makeup. The skincare segment is set to account for the biggest share in the market as more customers are increasing their focus on improving their skin health. The rapid adoption of makeup products has also boosted the demand for high-quality skincare items, which will further fuel the need for durable and robust beauty packaging solutions.
With respect to region, the market covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐:
The cosmetic packaging market research report offers valuable quantitative and qualitative insights into the functioning of the market. Some of the quantitative insights include the market size in terms of value of each segment & sub-segment, and regions included in the report. The report also highlights qualitative insights, such as driving & restraining factors, key trends and growth avenues for the market. It also covers the competitive landscape of the industry.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ:
๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐ฉ๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐จ๐ฌ๐ฆ๐๐ญ๐ข๐ ๐๐ญ๐๐ฆ๐ฌ ๐ญ๐จ ๐๐ฎ๐ ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ ๐ซ๐๐ฌ๐ฌ
The demand for cosmetics is growing at a strong pace across developed as well as developing countries due to factors such as growing disposable income and increasing awareness regarding high-quality cosmetic and beauty products. Moreover, customers are increasing their investments in cosmetic items as many organic, green, and sustainable products are now easily available in the market. These factors are set to boost the demand for beauty packaging products.
However, enforcement of strict regulations regarding the production of cosmetics and rising environmental concerns might hinder the market growth.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง- https://www.fortunebusinessinsights.com/cosmetic-packaging-market-102130
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ ๐ญ๐จ ๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐จ๐ฌ๐ฆ๐๐ญ๐ข๐๐ฌ
Asia Pacific is set to hold a dominant position in the global market share as this region is fast becoming a lucrative market for cosmetics. Many reputed cosmetic brands are planning to set up their base in countries, such as India and China, to expand their customer base. The growing number of social media influencers in the region is also expected to boost the sales of cosmetic products, thereby accelerating the adoption of high-quality packaging solutions.
North America has occupied the second place in the market as the U.S. is the largest exporter of cosmetics and cosmetic packaging products.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ญ๐จ ๐ ๐จ๐๐ฎ๐ฌ ๐จ๐ง ๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐ญ๐ก๐๐ข๐ซ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐๐ฉ๐๐๐ข๐ญ๐ฒ
Many leading companies operating in the market are focusing on increasing their production capacity to cater to the growing demand for versatile and high-quality beauty packaging products. The key players in this industry include Kao Corporation, Procter & Gamble, Henkel AG & Co. KGaA, and Unilever.
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
January 2023: FANCL, a Japanese cosmetics and dietary supplements company, collaborated with Kirin to introduce cosmetics packaging made with the by-products of beer.
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ-
Cosmetics Market- https://www.fortunebusinessinsights.com/cosmetics-market-102614
๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ-https://www.fortunebusinessinsights.com/beverage-packaging-market-102112
Packaging Machinery Market- ๏ปฟhttps://www.fortunebusinessinsights.com/industry-reports/packaging-machinery-market-101806
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Fortune Business Insightsโข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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