Cosmetic Packaging Market Growth Accelerates: Strategic Forecast Predicts $48.95 Billion by 2029

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Will the Cosmetic Packaging Industry Market Size Be by 2025?
The size of the cosmetic packaging market has seen significant increases in the past years. The market is set to expand from a size of $36.74 billion in 2024 to $38.63 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 5.1%. Factors fueling the growth during the historic period comprise: the expansion of the cosmetic industry, customer inclination towards upscale packaging, the rise of sustainable and green packaging, the unveiling of innovative cosmetic products, the universal reach of cosmetic brands, as well as the ease and mobility offered to consumers.

What's the Long-Term Growth Forecast for the Cosmetic Packaging Market Size Through 2029?
The market size of cosmetic packaging is predicted to witness substantial expansion in the foroming years, reaching $48.95 billion by 2029, with a CAGR of 6.1%. This predicted growth during the forecast period can be attributed to an emphasis on the use of recyclable and biodegradable materials, the necessity for measures against counterfeiting, a shift towards sustainable and simplistic designs, adherence to the principles of a circular economy, governmental regulations concerning packaging waste, and the advent of refillable packaging concepts. Further, significant trends projected for this period include material and print technique innovation, the use of eco-friendly inks and coatings, transparent and visible packaging, partnerships with artists and designers, emphasis on safety and hygiene, e-commerce adapted packaging, and the use of packaging to set a brand apart.

View the full report here:
https://www.thebusinessresearchcompany.com/report/cosmetic-packaging-global-market-report

What Are the Key Growth Drivers Fueling the Cosmetic Packaging Market Expansion?
Future growth in the cosmetic packaging market is likely to be spurred on by an increase in cosmetic products consumption. These products are defined as external applications designed to cleanse, tone, color, or improve the look of the face or neck. Cosmetic packaging covers everything from the brand's logo to the product's protection, and as the consumption of these products continues to rise, it is contributing to the increased demand for cosmetic packaging. As reported in the 2022 Annual Report of The Cosmetic, Toiletry, and Perfumery Association (CTPA), fragrance sales in the UK have increased from 70.76 million in 2021 to 71.54 million in 2022. There has also been a surge in sales of color cosmetics from 112.26 million units in 2021 to 118.17 million units in 2022. Therefore, the elevated usage of cosmetic products is stoking growth in the cosmetic packaging market.

Get your free sample here:
#Claim Your Free Sample Report:#

What Are the Key Trends Driving Cosmetic Packaging Market Growth?
The strategy of forming strategic partnerships is being employed by leading businesses in the cosmetic packaging market to augment their capabilities. These partnerships occur when businesses draw on each other's strengths and assets for mutual gain and triumph. An example of this was in February 2023, when Axilone Group, a French company specializing in crafting high-end packaging solutions for use in skincare, cosmetics, and fragrance industries, entered into a partnership with Alder Packaging Inc. This partnership enables Alder to utilize Axilone's exceptional quality, knowledge, manufacturing techniques, and custom package design to offer superior eco-friendly alternatives to its West Coast partners. The alliance of Axilone with Alder Packaging aligns with Axilone's objective to retain its dominance in the sector of luxury sustainable beauty packaging. This union will enable Axilone to gain a deeper understanding of the requirements of its West Coast clientele, thus improving their service delivery. Alder Packaging Inc. is a US-based firm that specializes in sustainable beauty packaging.

How Is the Cosmetic Packaging Market Segmented?
The cosmetic packaging market covered in this report is segmented -

1) By Packaging Type: Tubes, Bottles, Dispensers, Other Packaging Types
2) By Material Type: Glass, Paper Based, Plastic, Metal
3) By Application: Oral Care, Skin Care, Hair Care, Makeup, Perfume

Subsegments:
1) By Tubes: Plastic Tubes, Aluminum Tubes, Laminated Tubes
2) By Bottles: Glass Bottles, Plastic Bottles, Airless Bottles
3) By Dispensers: Pump Dispensers, Spray Dispensers, Dropper Dispensers
4) By Other Packaging Types: Jars, Pouches, Sachets, Pallets

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=7992&type=smp

Which Companies Are Leading the Charge in Cosmetic Packaging Market Innovation?
Major companies operating in the cosmetic packaging market are AptarGroup Inc., BambooVision, Amcor PLC, Albea SA, Dasso Group, EcoPlanet Bamboo, World Wide Packaging LLC, Bemis Company Inc., Simply Bamboo Pty Ltd., Smith & Fong Company, Berry Global Inc., Sonoco, Huhtamaki Oyj, TriMas Corporation, Rexam PLC, Akey Group LLC, Alltub Group, Alpha Packaging, Baralan USA, Lumson S.p.A., Cosmopak USA LLC, Coverpla Inc., East Hill Industries LLC, Fusion Packaging, Garrett Hewitt International, Global Packaging Inc., HCP Packaging, HCT Group, IntraPac International LLC, Pack Logix, Pack-Tubes, Qosmedix, Raepak Ltd., Roberts Cosmetic Container Corp., RPC M&H Plastics, TricorBraun, Virospack SLU

Which Regions Are Leading the Global Cosmetic Packaging Market in Revenue?
Asia-Pacific was the largest region in the cosmetic packaging market in 2024. The regions covered in the cosmetic packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7992

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Europe - +44 7882 955267,
Asia: +91 88972 63534,
Americas - +1 310-496-7795 or
Email:info@tbrc.info
Follow Us On:
• LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead. Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.