Cosmetic Packaging Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global Cosmetic Packaging Market is slated to witness 5% CAGR over 2024-2032, driven by the beauty and personal care sector's focus on aesthetics and branding. As consumers become discerning about product presentation, companies invest in innovative packaging solutions that enhance both visual appeal and functionality. High-quality designs and sustainable materials are crucial in attracting consumers who prioritize premium and eco-friendly products. Social media and influencer culture further amplify the demand for premium packaging.

Additionally, there is an inclination for convenience and personalized experiences. Technological advancements such as airless pumps, squeezable tubes, and customizable labels cater to consumer preferences for easy-to-use and personalized products. L'Oreal announced that by 2030, the company aims for 100% of their packaging plastics to come from recycled or bio-based sources, with a target to achieve 50% by 2025. As brands continue to prioritize environmental responsibility and innovation, the ongoing exploration of new materials and designs that align with consumer preferences and sustainability goals will shape the market outlook.

The overall cosmetic packaging industry is classified based on material type, type, application, end-user, and region.

The glass segment is slated to gain traction through 2032, due to its premium and sustainable qualities. Glass packaging is favored for its ability to preserve the integrity of cosmetic products, ensuring that formulations remain uncontaminated and maintain their efficacy over time. Additionally, glass offers a high-end, aesthetically pleasing appearance that enhances brand value and consumer perception. Its recyclability aligns with the growing demand for eco-friendly solutions, as glass can be recycled indefinitely without loss of quality.

The fragrances segment will hold a notable market share by 2032, driven by the need for both functional and elegant packaging solutions that preserve the quality and longevity of fragrance products. Fragrance packaging should have airtight seals and UV-protective materials to prevent oxidation and degradation of delicate scents. Moreover, luxury and designer fragrances often come in intricate and visually striking bottles that enhance the overall consumer experience. The growing trend towards customizable and innovative packaging solutions that cater to individual preferences, while also reflecting the brand's identity and values is favoring the segment growth.

North America cosmetic packaging market is experiencing robust growth driven by innovative consumer preferences and heightened environmental awareness. There is increasing emphasis on sustainability, with many brands adopting eco-friendly materials and practices to meet both regulatory requirements and consumer expectations. Additionally, the thriving beauty industry in North America, characterized by a high level of competition and a diverse range of cosmetic products, fuels the need for packaging that not only enhances brand appeal but also offers functionality and convenience.

Product Code: 10371

Chapter 1 Scope and Methodology

1.1 Market scope and definition
1.2 Base estimates and calculations
1.3 Forecast parameters
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2021 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Vendor matrix
3.3 Technology and innovation landscape
3.4 Patent analysis
3.5 Key news and initiatives
3.6 Regulatory landscape
3.7 Impact forces
- 3.7.1 Growth drivers
  - 3.7.1.1 Rising consumer demand for sustainable packaging
  - 3.7.1.2 Technological advancements
  - 3.7.1.3 Growing popularity of premium and luxury products
  - 3.7.1.4 Expansion of e-commerce
  - 3.7.1.5 Increased focus on personalization
- 3.7.2 Industry pitfalls and challenges
  - 3.7.2.1 High costs of sustainable materials
  - 3.7.2.2 Risk of counterfeiting
3.8 Growth potential analysis
3.9 Porter's analysis
- 3.9.1 Supplier power
- 3.9.2 Buyer power
- 3.9.3 Threat of new entrants
- 3.9.4 Threat of substitutes
- 3.9.5 Industry rivalry
3.10 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Company market share analysis
4.2 Competitive positioning matrix
4.3 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Material Type, 2021 - 2032 (USD Million)

5.1 Key trends
5.2 Plastic
5.3 Glass
5.4 Metal
5.5 Paper and cardboard
5.6 Wood
5.7 Others

Chapter 6 Market Estimates and Forecast, By Type, 2021 - 2032 (USD Million)

6.1 Key trends
6.2 Primary packaging
- 6.2.1 Jars
- 6.2.2 Tubes
- 6.2.3 Bottles
- 6.2.4 Pumps and dispensers
- 6.2.5 Others
6.3 Secondary packaging
- 6.3.1 Cartons
- 6.3.2 Blisters
- 6.3.3 Pouches
- 6.3.4 Others
6.4 Tertiary packaging
- 6.4.1 Pallets
- 6.4.2 Crates

Chapter 7 Market Estimates and Forecast, By Application, 2021 - 2032 (USD Million)

7.1 Key trends
7.2 Skincare
7.3 Haircare
7.4 Makeup
7.5 Fragrances
7.6 Personal care

Chapter 8 Market Estimates and Forecast, By End user, 2021 - 2032 (USD Million)

8.1 Key trends
8.2 Luxury brands
8.3 Mass market brands
8.4 Professional brands

Chapter 9 Market Estimates and Forecast, By Region, 2021 - 2032 (USD Million)

9.1 Key trends
9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Rest of Europe
9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 ANZ
- 9.4.6 Rest of Asia Pacific
9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Rest of Latin America
9.6 MEA
- 9.6.1 UAE
- 9.6.2 Saudi Arabia
- 9.6.3 South Africa
- 9.6.4 Rest of MEA

Chapter 10 Company Profiles

10.1 Albea S.A.
10.2 Amcor PLC
10.3 AptarGroup Inc.
10.4 Ball Corporation
10.5 Berry Global Inc.
10.6 Big Sky Packaging
10.7 Brimar Packaging
10.8 Cosmopak Ltd
10.9 DS Smith PLC
10.10 Fusion Packaging, LLC
10.11 Gerresheimer AG
10.12 HCP Packaging Co. Ltd.
10.13 Huhtamaki OYJ
10.14 Libo Cosmetics Company Ltd
10.15 Quadpack Industries SA
10.16 Reynolds Group Holdings Limited
10.17 Rieke Corporation
10.18 Silgan Holdings Inc
10.19 Sonoco Products Company
10.20 Trimas Corporation.