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Cosmetic Packaging Market to Expand at A CAGR of 4.70 %by 2032 | Companies- Huhtamaki (Finland), Huhtamaki (Finland), Berry Global Group Inc. (U.S.)

10-22-2024 08:09 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: FORTUNE BUSINESS INSIGHTS

Cosmetic Packaging Market

Cosmetic Packaging Market

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 Insightsโ„ข displays this information in a report titled, "Cosmetic Packaging Market, 2024-2032."

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐…- https://www.fortunebusinessinsights.com/enquiry/sample/cosmetic-packaging-market-102130

๐‹๐ˆ๐’๐“ ๐Ž๐… ๐Š๐„๐˜ ๐‚๐Ž๐Œ๐๐€๐๐ˆ๐„๐’ ๐๐‘๐Ž๐…๐ˆ๐‹๐„๐ƒ ๐ˆ๐ ๐“๐‡๐„ ๐‘๐„๐๐Ž๐‘๐“

โ–ถ ALPLA Werke Alwin Lehner (Austria)

โ–ถ Amcor Plc (Switzerland)

โ–ถ Huhtamaki (Finland)

โ–ถ AptarGroup, Inc. (U.S.)

โ–ถ Albรฉa Group (France)

โ–ถ Berry Global Group Inc. (U.S.)

โ–ถ BIG SKY PACKAGING (U.S.)

โ–ถ Gerresheimer (Germany)

โ–ถ LIBO COSMETICS CO. LTD. (China)

โ–ถ SILGAN HOLDINGS INC. (U.S.)

โ–ถ HCP Packaging (China)

โ–ถ Quadpack (Barcelona)

โ–ถ Alovey Cosmetic Packaging Co. Ltd. (China)

โ–ถ FusionPKG (U.S.)

โ–ถ EPL Limited (India)

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ:

๐†๐ฅ๐š๐ฌ๐ฌ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐ญ๐จ ๐›๐ž ๐–๐ข๐๐ž๐ฅ๐ฒ ๐”๐ฌ๐ž๐ ๐ƒ๐ฎ๐ž ๐ญ๐จ ๐„๐š๐ฌ๐ž ๐จ๐Ÿ ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐ 

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.

๐†๐ž๐ญ ๐š ๐๐ฎ๐จ๐ญ๐ž- https://www.fortunebusinessinsights.com/enquiry/get-a-quote/cosmetic-packaging-market-102130

๐ƒ๐ฎ๐ซ๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ ๐š๐ง๐ ๐๐ซ๐จ๐ญ๐ž๐œ๐ญ๐ข๐จ๐ง ๐€๐ ๐š๐ข๐ง๐ฌ๐ญ ๐‚๐จ๐ง๐ญ๐š๐ฆ๐ข๐ง๐š๐ญ๐ข๐จ๐ง ๐ญ๐จ ๐๐จ๐จ๐ฌ๐ญ ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐Ÿ๐จ๐ซ ๐‚๐จ๐ฌ๐ฆ๐ž๐ญ๐ข๐œ ๐๐จ๐ญ๐ญ๐ฅ๐ž๐ฌ

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.

๐’๐ค๐ข๐ง๐œ๐š๐ซ๐ž ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐ญ๐จ ๐„๐ฑ๐ญ๐ž๐ง๐ฌ๐ข๐ฏ๐ž๐ฅ๐ฒ ๐”๐ฌ๐ž ๐‚๐จ๐ฌ๐ฆ๐ž๐ญ๐ข๐œ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐ฐ๐ข๐ญ๐ก ๐‘๐ข๐ฌ๐ข๐ง๐  ๐„๐Ÿ๐Ÿ๐จ๐ซ๐ญ๐ฌ ๐ญ๐จ ๐๐ซ๐จ๐ญ๐ž๐œ๐ญ ๐’๐ค๐ข๐ง ๐‡๐ž๐š๐ฅ๐ญ๐ก

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.

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‚๐จ๐ฏ๐ž๐ซ๐š๐ ๐ž:

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.

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐‘๐ž๐ฌ๐ญ๐ซ๐š๐ข๐ง๐ญ๐ฌ:

๐†๐ซ๐จ๐ฐ๐ข๐ง๐  ๐‚๐จ๐ง๐ฌ๐ฎ๐ฆ๐ฉ๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐‚๐จ๐ฌ๐ฆ๐ž๐ญ๐ข๐œ ๐ˆ๐ญ๐ž๐ฆ๐ฌ ๐ญ๐จ ๐€๐ฎ๐ ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ซ๐จ๐ ๐ซ๐ž๐ฌ๐ฌ

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.

๐‘๐ž๐š๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง- https://www.fortunebusinessinsights.com/cosmetic-packaging-market-102130

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ ๐ญ๐จ ๐ƒ๐จ๐ฆ๐ข๐ง๐š๐ญ๐ž ๐†๐ฅ๐จ๐›๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฎ๐ž ๐ญ๐จ ๐†๐ซ๐จ๐ฐ๐ข๐ง๐  ๐€๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐‚๐จ๐ฌ๐ฆ๐ž๐ญ๐ข๐œ๐ฌ

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.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ญ๐จ ๐…๐จ๐œ๐ฎ๐ฌ ๐จ๐ง ๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ข๐ง๐  ๐ญ๐ก๐ž๐ข๐ซ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ข๐จ๐ง ๐‚๐š๐ฉ๐š๐œ๐ข๐ญ๐ฒ

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.

๐Š๐ž๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ:
January 2023: FANCL, a Japanese cosmetics and dietary supplements company, collaborated with Kirin to introduce cosmetics packaging made with the by-products of beer.

๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ-

Cosmetics Market- https://www.fortunebusinessinsights.com/cosmetics-market-102614

๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ-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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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:
Fortune Business Insightsโ„ข 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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