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E-Commerce Boom Fuels Expansion In Cosmetics And Personal Care Packaging Equipment Market: The Driving Engine Behind Cosmetics And Personal Care Packaging Equipment Market Evolution in 2025
Cosmetics And Personal Care Packaging Equipment
Cosmetics And Personal Care Packaging Equipment Market Size Growth Forecast: What to Expect by 2025?
A significant increase has been observed in recent years in the market size for cosmetics and personal care packaging equipment. The market is expected to expand from a value of $5.18 billion in 2024 to $5.61 billion in 2025, with a compound annual growth rate (CAGR) of 8.4%. This substantial growth in the historical span can be linked to factors like increased consumer interest in personal care products, innovative changes in packaging designs and formats, brand uniqueness and aesthetics, worldwide exposure of cosmetic brands, and evolving consumer lifestyles and tastes.
How Will the Cosmetics And Personal Care Packaging Equipment Market Size Evolve and Grow by 2029?
Expectations are high for a significant sprint in the cosmetics and personal care packaging equipment market size over the following years. It's predicted to stretch to a value of $8.07 billion by 2029, propelled by a compound annual growth rate (CAGR) of 9.5%. This anticipated expansion during the forecast period can be credited to factors such as an emphasis on sustainable packaging approaches, the rise of customization and personalization trends, burgeoning e-commerce development, focus on improving packaging speed and efficiency, the clean beauty culture and a clear view of ingredient content. Key trends projected to surface in the forecasting period involve automation and the evolution towards Industry 4.0, breakthroughs in design and materials, the impact of e-commerce, strict regulatory demands, and the expansion of the global market.
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What Drivers Are Propelling the Growth of Cosmetics And Personal Care Packaging Equipment Market Forward?
The global surge in the e-commerce industry is set to fuel the expansion of the cosmetics and personal care packaging equipment market. Essentially, e-commerce comprises the trade of goods and services, transfer of money, or data over an electronic network, predominantly the internet. Its burgeoning growth would likely influence the packaging materials used for individual and bundled products, potentially shifting packaging from boxes to cases. This, in turn, would further stimulate the market growth. As an illustration, data from the United States Census Bureau, a US government agency, in August 2023 revealed that in comparison to the second quarter of 2022, e-commerce in the second quarter of 2023 saw an increase of 7.5% (or 1.4%), whereas overall retail sales rose by just 0.6% (or 0.4%). Furthermore, online stores accounted for 15.4% of all sales in the same quarter. This underscores the way that the escalating e-commerce industry worldwide is underpinning the development of the cosmetics and personal care packing equipment market.
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What Long-Term Trends Will Define the Future of the Cosmetics And Personal Care Packaging Equipment Market?
The increasing popularity of using biodegradable materials to create vegan-friendly packaging is a significant trend in the cosmetics and personal care packaging equipment market. Firms in this industry are adopting innovative technologies to remain competitive. A prime example of this is CJ Biomaterials, Inc., a US bioengineering company, that in November 2022 launched a biodegradable cosmetic case named Wakeme Water Velvet Vegan Cushion. This product is distinctively crafted with PHA (polyhydroxyalkanoate) and PLA (polylactic acid), enhancing its resistance to impact and ability to form sophisticated shapes. This environmentally-friendly packaging incorporates vegan cosmetic ingredients to bolster the mechanical strength of the PLA.
What Are the Key Segments in the Cosmetics And Personal Care Packaging Equipment Market?
The cosmetics and personal care packaging equipmentmarket covered in this report is segmented -
1) By Product: Filling, Labeling, Cleaning, Form-Fill-Seal, Cartoning, Wrapping, Palletizing
2) By Material: Plastic, Glass, Metal, Others
3) By Application: Skin Care, Hair Care, Decorative Cosmetics, Bath And Shower, Perfumes, Others
Subsegments:
1) By Filling: Liquid Filling Machines, Cream And Gel Filling Machines, Powder Filling Machines
2) By Labeling: Self-Adhesive Labeling Machines, Sleeve Labeling Machines, Inkjet Labeling Machines
3) By Cleaning: Ultrasonic Cleaning Equipment, Spray Cleaning Systems, Wash And Rinse Systems
4) By Form-Fill-Seal: Vertical Form-Fill-Seal (VFFS) Machines, Horizontal Form-Fill-Seal (HFFS) Machines
5) By Cartoning: Horizontal Cartoners, Vertical Cartoners, Robotic Cartoners
6) By Wrapping: Shrink Wrapping Machines, Flow Wrapping Machines, Stretch Wrapping Machines
7) By Palletizing: Robotic Palletizers, Automated Palletizers, Manual Palletizers
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Who Are the Key Players Shaping the Cosmetics And Personal Care Packaging Equipment Market's Competitive Landscape?
Major companies operating in the cosmetics and personal care packaging equipment market include Wimco Ltd., Bosch Packaging Technology Inc., Ronchi Mario S p A, AMET Packaging Inc., ProSys Fill LLC, Reagent Chemical, Industria Macchine Automatiche SpA, TurboFil Packaging Machines LLC, VPack Technologies, Zhejiang Rigao Machinery Corp., Liquid Packaging Solutions Inc., Turpack Packaging Machinery Ltd., VK Engineering & Company, Accutek Packaging Equipment Company Inc., OPTIMA packaging group GmbH, E-PAK Machinery Inc., Sonoco Products Company, Marchesini Group S.p.A., PackSys Global AG, Albea SA, Amcor plc, Silgan Holdings Inc., Gerresheimer AG, AptarGroup Inc., RPC Group plc, Cosmopak Ltd., Quadpack Industries SA, Rieke Packaging Systems Ltd., Raepak Ltd., DS Smith plc, Graham Packaging Company, Libo Cosmetics Company Ltd.
What Geographic Markets Are Powering Growth in the Cosmetics And Personal Care Packaging Equipment Market?
Europe was the largest region in the cosmetics and personnel care packing equipment market in 2024. The regions covered in the cosmetics and personal care packaging equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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