Cosmetic Packaging Market Size, Industry Growth and Forecast 2024 to 2032

IMARC Group, a leading market research company, has recently released a report titled “Cosmetic Packaging Market Report by Product Type (Plastic Bottles and Containers, Glass Bottles and Containers, Metal Containers, Folding Cartons, Corrugated Boxes, Tubes and Sticks, Caps and Closures, and Others), Material Type (Glass Packaging, Metal Packaging, Plastic Packaging, Paper Packaging, and Others), Capacity (< 50 ml, 50 - 100 ml, 100 - 150 ml, 150 - 200 ml, > 200 ml), Cosmetic Type (Hair Care, Color Cosmetics, Skin Care, Men’s Grooming, Deodorants, and Others), and Region 2024-2032”. The study provides a detailed analysis of the industry, including the global cosmetic packaging market trends, share, size, and industry trends forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

The global cosmetic packaging market size reached US$ 39.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 56.3 Billion by 2032, exhibiting a growth rate (CAGR) of 4% during 2024-2032.

Global Cosmetic Packaging Market Trends:

The increasing influence of social media and influencer marketing, which emphasizes visually appealing products, and the rise of personalized beauty products have prompted brands to develop customizable and innovative packaging solutions to cater to individual consumer preferences and enhance brand loyalty, strengthening the market growth. In line with this, the surge in e-commerce and direct-to-consumer (D2C) sales, which necessitates durable and attractive packaging for safe shipping and unboxing experiences, and the globalization of cosmetic brands, requiring packaging that meets diverse regulatory standards and cultural preferences in different markets, supporting the market expansion.

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Factors Affecting the Growth of the Cosmetic Packaging Industry:

Rising demand for premium cosmetic products:

Consumers increasingly seek high-quality, luxury cosmetics that offer superior performance and unique experiences. This trend is particularly pronounced among the affluent middle class and millennials, who prioritize aesthetics and brand value. Premium cosmetic brands invest heavily in sophisticated and attractive packaging designs to differentiate their products and enhance their appeal. Packaging plays a crucial role in conveying the product's quality and exclusivity, influencing purchasing decisions.

Luxurious materials such as glass, metal, and high-grade plastics, along with intricate designs and finishes like embossing, foiling, and matte coatings, are used to create an upscale image. The unboxing experience is also a critical aspect, with elaborate and thoughtfully designed packaging that adds to the overall product allure, thereby contributing to the market expansion.

Growing emphasis on sustainability:

Environmental concerns and increasing awareness of the impact of plastic waste have led consumers and brands to prioritize eco-friendly packaging solutions. Consumers are increasingly demanding products packaged in recyclable, biodegradable, or reusable materials, aligning with their values of sustainability and environmental responsibility. In response, cosmetic companies are adopting green packaging practices, such as using plant-based plastics, recycled materials, and minimalistic designs that reduce waste.

The concept of refillable packaging is also gaining value, where consumers can refill the product container instead of disposing of it after use. This shift towards sustainable packaging solutions helps brands meet consumer expectations, comply with stringent environmental regulations, and reduce the overall carbon footprint, bolstering the market growth.

Advancements in packaging technology:

Technological innovations have revolutionized the way cosmetics are packaged, enhancing functionality, aesthetics, and user experience. Smart packaging, which includes features such as quick response (QR) codes, radio frequency identification (RFID) tags, and augmented reality (AR), provides consumers with additional information about the product, usage instructions, and brand stories, enhancing engagement and brand loyalty. Airless packaging systems have gained popularity for their ability to preserve the integrity of formulations by preventing air exposure and extending the product's shelf life and effectiveness. Innovations in printing technology, such as digital printing, enable high-quality, customizable packaging designs with vibrant colors and intricate details, allowing brands to create unique and personalized packaging solutions is impelling the market growth.

Cosmetic Packaging Market Report Segmentation:

By Product Type:

• Plastic Bottles and Containers

• Glass Bottles and Containers

• Metal Containers

• Folding Cartons

• Corrugated Boxes

• Tubes and Sticks

• Caps and Closures

• Others

On the basis of product type, the market is segmented into plastic bottles and containers, glass bottles and containers, metal containers, folding cartons, corrugated boxes, tubes and sticks, caps and closures, and others.

By Material Type:

• Glass Packaging

• Metal Packaging

• Plastic Packaging

• Paper Packaging

• Others

Based on the material type, the market is classified into glass packaging, metal packaging, plastic packaging, paper packaging, and others.

By Capacity:

• < 50 ml

• 50 - 100 ml

• 100 - 150 ml

• 150 - 200 ml

• >200 ml

On the basis of capacity, the market is bifurcated into < 50 ml, 50 - 100 ml, 100 - 150 ml, 150 - 200 ml, > 200 ml.

By Cosmetic Type:

• Hair Care

• Color Cosmetics

• Skin Care

• Men’s Grooming

• Deodorants

• Others

Based on the cosmetic type, the market is divided into hair care, color cosmetics, skincare, men's grooming, deodorants, and others.

Regional Insights:

• North America

• Asia Pacific

• Europe

• Latin America

• Middle East and Africa

On the basis of region, the market is segregated into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa.

Competitive Landscape with Key Players:

The competitive landscape of the cosmetic packaging market size has been studied in the report with the detailed profiles of the key players operating in the market.

Some of These Key Players Include:

• Albea Cosmetics America Inc.

• Amcor Plc, AptarGroup Inc.

• Berry Global Group Inc.

• Cosmopak Corp.

• DS Smith PLC

• Gerresheimer AG

• Graham Packaging Company (Reynolds Group Holdings Limited)

• Huhtamäki Oyj

• Libo Cosmetics Co. Ltd.

• Quadpack (Eudald Holdings SL)

• Sonoco Products Company

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Key Highlights of the Report:

• Market Performance (2018-2023)

• Market Outlook (2024-2032)

• Market Trends

• Market Drivers and Success Factors

• Impact of COVID-19

• Value Chain Analysis

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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