The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, and construction materials are facing a diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in the supply of raw materials, which directly affected the manufacturing process. Further, the halt in many end-use industries directly affected the chemical demand all around the world.
Cosmetics Packaging Market Overview
The global Cosmetic Packaging Market is expected to be worth USD 57.3 billion by 2030, with a CAGR of 4.8% from 2023 to 2030.
The Global Cosmetics Packaging Market is expected to observe considerable growth due to the changing style of packaging, innovative package designs, and increasing demand for cosmetics due to the growing youth population. Global hair care & skincare industries are growing quickly with higher annual growth rates. Anti-ageing products such as creams, shampoos, and hair conditioners are some important products driving the global cosmetic packaging market. Additionally, increasing awareness of anti-ageing products amongst the female population is a key factor boosting the growth of the global cosmetic packaging market.
Moreover, E-commerce penetration into rural and urban areas is driving the global cosmetic industry sales. Also, the increasing usage of colour cosmetics in commercial establishments and this trend is projected to continue during the forecast period. Eventually, it contributes to the growth of the cosmetics packaging market. Furthermore, advanced and trending printing technologies such as hot stamp foil printing, flexography, and 3D printing are helping cosmetic manufacturers offer innovative and eye-catching packaging for their cosmetics. Hence, progressions in Material and printing Technology are projected to enhance the growth of the Cosmetics Packaging market in the near future.
Cosmetics Packaging Market Segment Overview
Based on the material type, the Plastic segment accounted for the largest share of the market. Preference for plastic packaging is high among manufacturers due to its wide application and low-cost properties. Additionally, to pack the product into small units, companies prefer plastic as a packaging material, therefore propelling the segment's growth.
According to cosmetic type, the skincare segment is the fastest-growing segment in the market. Increasing awareness about natural products for the skin, which have no adverse effects and are beneficial for the skin, is expected to drive the market demand in the forthcoming years.
Cosmetics Packaging Market, By Material Type
· Plastic
· Metal
· Glass
· Paper
· Others
Cosmetics Packaging Market, By Cosmetic Type
· Hair Care
· Skin Care
· Nail Care
· Make-up
Cosmetics Packaging Market Regional Overview
In terms of region, the Asia Pacific region accounted for the largest share of the market. This can be attributed to the growing population, urbanization & disposable income of the population. In addition, less strict regulations and standards for the use of raw materials or ingredients for the manufacturing of packaging products as well as easy availability of cheap labor, are attracting the major players to enlarge their business in this region. This major factor boosting the growth of the cosmetic packaging market in the Asia Pacific region.
Cosmetics Packaging Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Cosmetics Packaging Market Competitor Overview
Some key developments and strategies adopted by manufacturers in Cosmetics Packaging are highlighted below.
· In March 2018, RPC Group Plc, a leading international plastic products design and engineering company, announced the acquisition of Nordfolien GmBH for consideration of €75 million. Nordfolien is a leading player in the design and manufacture of higher-added-value polythene films for both industrial and consumer packaging markets. Nordfolien has two well-invested sites in Germany and Poland, including in-house recycling capabilities.
Cosmetics Packaging Market, Key Players
· Aptar Group, Inc
· RPC Group Plc
· Gerresheimer AG
· Amcor Limited
· Libo Cosmetics Company, Ltd.
· Quadpack Industries
· HCP Packaging
· Fusion Packaging
· ABC Packaging Ltd.
· Swallowfield Plc
· Saverglass sas
· Essel Propack Ltd
· Albea S.A.
· Quadpack Ltd
· Coverpla S.A.
· The Packaging Company
· Smurfit Kappa Group PLC
· Alovey Cosmetic Packaging Co., Ltd
· HCT Group
· Rise Cosmetic Packaging Co., Ltd.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Cosmetics Packaging Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Material Type
- 5.2.1. Plastic
- 5.2.2. Metal
- 5.2.3. Glass
- 5.2.4. Paper
- 5.2.5. Others
- 5.3. Market Analysis, Insights and Forecast – By Cosmetic Type
- 5.3.1. Hair Care
- 5.3.2. Skin Care
- 5.3.3. Nail Care
- 5.3.4. Make-up
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Cosmetics Packaging Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Material Type
- 6.2.1. Plastic
- 6.2.2. Metal
- 6.2.3. Glass
- 6.2.4. Paper
- 6.2.5. Others
- 6.3. Market Analysis, Insights and Forecast – By Cosmetic Type
- 6.3.1. Hair Care
- 6.3.2. Skin Care
- 6.3.3. Nail Care
- 6.3.4. Make-up
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Cosmetics Packaging Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Material Type
- 7.2.1. Plastic
- 7.2.2. Metal
- 7.2.3. Glass
- 7.2.4. Paper
- 7.2.5. Others
- 7.3. Market Analysis, Insights and Forecast – By Cosmetic Type
- 7.3.1. Hair Care
- 7.3.2. Skin Care
- 7.3.3. Nail Care
- 7.3.4. Make-up
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Cosmetics Packaging Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Material Type
- 8.2.1. Plastic
- 8.2.2. Metal
- 8.2.3. Glass
- 8.2.4. Paper
- 8.2.5. Others
- 8.3. Market Analysis, Insights and Forecast – By Cosmetic Type
- 8.3.1. Hair Care
- 8.3.2. Skin Care
- 8.3.3. Nail Care
- 8.3.4. Make-up
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Cosmetics Packaging Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Material Type
- 9.2.1. Plastic
- 9.2.2. Metal
- 9.2.3. Glass
- 9.2.4. Paper
- 9.2.5. Others
- 9.3. Market Analysis, Insights and Forecast – By Cosmetic Type
- 9.3.1. Hair Care
- 9.3.2. Skin Care
- 9.3.3. Nail Care
- 9.3.4. Make-up
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2021
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Aptar Group, Inc
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. RPC Group Plc
- 10.6. Gerresheimer AG
- 10.7. Amcor Limited
- 10.8. Libo Cosmetics Company, Ltd.
- 10.9. Quadpack Industries
- 10.10. HCP Packaging
- 10.11. Fusion Packaging
- 10.12. ABC Packaging Ltd.
- 10.13. Swallowfield Plc
- 10.14. Saverglass sas
- 10.15. Essel Propack Ltd
- 10.16. Albea S.A.
- 10.17. Quadpack Ltd
- 10.18. Coverpla S.A.
- 10.19. The Packaging Company
- 10.20. Smurfit Kappa Group PLC
- 10.21. Alovey Cosmetic Packaging Co., Ltd
- 10.22. HCT Group
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
