The global Cosmetic Packaging Market size was USD 53.43 Billion in 2022 and is expected to reach USD 76.05 Billion in 2032, and register a rapid revenue CAGR of 4% during the forecast period. Rising demand for innovative and attractive packaging solutions, rapid growth in the beauty and personal care industry, and increasing focus on sustainability and eco-friendly packaging are key factors driving market revenue growth.
Cosmetic packaging refers to containers, closures, and materials used for packaging beauty and personal care products such as skincare, haircare, Makeup, and fragrances, which plays a vital role in product protection, brand representation, and consumer appeal.
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Top Companies Profiled in the Report:
The global cosmetic packaging market is highly fragmented, with a number of large and medium-sized players accounting for a majority of market revenue. Major players in the cosmetic packaging market are deploying various strategies such as entering into mergers acquisitions, strategic agreements contracts, developing, testing, and introducing more effective products to stay competitive in the market. Some major companies included in the global cosmetic packaging market report are:
- Amcor Plc
- Graham Packaging Company, L.P.
- HCT Group
- Ball Corporation
- Luxury Packaging Ltd.
- Albéa Group
- Gerresheimer AG
- Berry Global, Inc.
- Quadpack Industries
- HCP Packaging
Strategic Development:
In 2021, Amcor Plc acquired Nampak Flexibles, a South African company specializing in flexible packaging solutions. The acquisition aimed to expand Amcor's footprint in the African market and enhance its capabilities in flexible packaging solutions.
In 2020, Berry Global, Inc. announced its acquisition of Laddawn, Inc., a U.S. based manufacturer and distributor of polyethylene bags and films. The acquisition aimed at expanding Berry Global's product portfolio and enhancing its manufacturing capabilities.
In 2019, Albéa Group announced the launch of a new product called Greenleaf, which is a range of eco-friendly packaging solutions. The range includes packaging made from sustainable materials such as bio-based plastics, recycled plastics, and paper.
Cosmetic Packaging Market Segmentation:
By Material Type Outlook:
- Glass
- Plastic
- Metal
- Paperboard
- Others
By Application Outlook:
- Skin Care
- Hair Care
- Makeup
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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Some Points on How the Report Benefits Readers:
- Deep-dive analysis of the key drivers, opportunities, and restraints.
- Qualitative and quantitative analyses of the global Cosmetic Packaging market.
- Comprehensive analysis of the key regional markets and their respective revenue CAGRs.
- Precise evaluation of each regional market’s production consumption capacities.
- An overview of the highly competitive environment of the Cosmetic Packaging industry and company overviews.
- Focus on the key strategies implemented by the key market players, such as partnerships, collaborations, acquisitions, new product launches, and various other strategies.
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