Press release
Global Eye Cosmetic Packaging Market to Reach $20.52 Billion by 2029, Growing at 6.8% CAGR
What Is the Expected Size and Growth Rate of the Eye Cosmetic Packaging Market?In the past few years, the eye cosmetic packaging market has experienced substantial growth. The market size is set to increase from $14.76 billion in 2024 to $15.79 billion in 2025 with a compound annual growth rate (CAGR) of 7.0%. The notable growth during the historic period is partly due to higher consumer consciousness towards personal grooming which in turn has fueled demand for eye cosmetics. This has sparked a rise in packaging innovations. Additionally, the impact of Hollywood and popular culture has necessitated a range of diverse and appealing packaging solutions. Technological advancements in packaging have further facilitated the development of more practical and aesthetically inviting designs.
In the coming years, there is a strong anticipated growth projection for the eye cosmetic packaging market, with its value forecasted to reach $20.52 billion by 2029, reflecting a compound annual growth rate (CAGR) of 6.8%. This expansion in the projected period can be credited to the continuous move towards digitalization and the prominence of social media platforms, which are supporting the demand for distinctive eye cosmetic packaging capable of standing out online. In addition, there is a growing emphasis on inclusivity and diversity, prompting brands to create packaging that caters to a wider variety of consumers, while leaps in smart packaging technologies are expected to provide new features and boost user experience. Emerging trends towards minimal and chic packaging designs, growing preference for environmentally friendly packaging solutions, and the incorporation of smart packaging that offers extended product information are projected to shape the user experience during the forecast period.
What Factors Are Fueling Growth in the Eye Cosmetic Packaging Market?
The growth of the eye cosmetic packaging market appears to be driven by the burgeoning consumption of cosmetic products. Such products, which are crafted for application onto the face or body to enhance attractiveness, cleanse, or change physical appearance without altering bodily functions or structure, are being utilised more frequently. This surge in usage can be attributed to increased customer cognisance of personal aesthetics and self-care, prompted notably by the influence of social media and an escalating emphasis on beauty routines. The role of eye cosmetic packaging in boosting product appeal and user experience is critical, with functional design ensuring straightforward application and accurate dosage. Additionally, packaging preserves product integrity and prolongs shelf life whilst maintaining product effectiveness. For example, Loreal, a cosmetic company from France, reported in their annual report of December 2022, that their active cosmetics sales reached 5124.5 billion euros ($5,549.1 billion) in 2022, marking a rise of +30.6%. Hence, the expanding consumption of cosmetic products signals a positive trend in the eye cosmetic packaging market.
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Which Leading Companies Are Shaping the Growth of the Eye Cosmetic Packaging Market?
Major companies operating in the eye cosmetic packaging market are Berry Global Inc., Albea S.A., AptarGroup Inc., Gerresheimer AG, HCP Packaging USA Inc., Geka GmbH, Quadpack Industries S.A., The Libo Cosmetics Co. Ltd., Alpha Packaging Inc., H&K Müller GmbH & Co. KG, Plásticos FACA S.A., 3C Inc., Laboratorio Edol S.A., APC Packaging LLC, Cosmogen, The Packaging Company (TPC), CORPACK GmbH, Epopack Co. Ltd., Cosmopak Inc., Baralan International, Toly Group
What Are the Major Trends Shaping the Eye Cosmetic Packaging Market?
Leading enterprises in the eye cosmetic packaging market are putting their efforts into creating groundbreaking products, including mascara tubes, to improve customer interaction and fulfill consumer expectations. Mascara tubes are distinct vessels designed to house mascara, complete with an applicator for easy eyelash application. For example, in October 2023, Cherng Mei Enterprise Co. Ltd., a company specialized in cosmetic packaging based in Taiwan, introduced flexible mascara tubes. Available in both non-transparent and see-through finishes, these tubes allow users to keep track of the product quantity, reducing waste. Offered in two styles, M409-1 and M409-2, these tubes can hold 5 ml each and are designed prioritizing portability. The packaging's versatility extends to its use with eyeliners and lip glosses, which can be applied using a thin brush or doe foot applicators.
What Are the Key Segments of the Eye Cosmetic Packaging Market?
The eye cosmetic packagingmarket covered in this report is segmented -
1) By Product: Bottles, Jars, Tubes, Boxes, Other Products
2) By Material: Plastic, Glass, Paper And Paperboard, Metal
3) By Distribution Channel: Online, Offline
4) By Application: Eye Shadow, Eyeliner, Mascara, False Eye Lashes, Eyebrows, Concealer And Primer
Subsegments:
1) By Bottles: Glass Bottles, Plastic Bottles, Airless Bottles, Dropper Bottles, Pumps And Dispensers
2) By Jars: Glass Jars, Plastic Jars, Acrylic Jars, Air-Tight Jars, Mirrored Jars
3) By Tubes: Plastic Tubes, Aluminum Tubes, Flexible Tubes, Squeeze Tubes, Airless Tubes
4) By Boxes: Folding Cartons, Rigid Boxes, Cosmetic Gift Boxes, Printed Packaging Boxes, Eco-Friendly Packaging Boxes
5) By Other Products: Pouches And Sachets, Cosmetic Palettes, Compacts And Cases, Roll-On Packaging, Applicator Tools And Brushes
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Where Is the Eye Cosmetic Packaging Market Growth Most Prominent?
North America was the largest region in the eye cosmetic packaging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the eye cosmetic packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Eye Cosmetic Packaging Global Market Report?
- Market Size Analysis: Analyze the Eye Cosmetic Packaging Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Eye Cosmetic Packaging Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Eye Cosmetic Packaging Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Eye Cosmetic Packaging Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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