NEW YORK, May 20, 2024 /PRNewswire/ — The international beauty packaging market size is estimated to grow by USD 22.91 bn from 2024-2028, in accordance to Technavio. The market is estimated to grow at a CAGR of 11.71% throughout the forecast interval. For extra insights on the forecast market size and historic knowledge (2018 – 2022) – Download Free pattern report in a minutes
Technavio has introduced its newest market analysis report titled Global Cosmetic Packaging Market 2024-2028
Forecast interval
2024-2028
Base Year
2023
Historic Data
2018 – 2022
Segment Covered
Application (Skin care, Hair care, Makeup, and Nail care), Material (Glass, Metal, and Plastic and others), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)
Region Covered
North America, Europe, APAC, South America, and Middle East and Africa
Key corporations profiled
A Packaging Group, AG Poly Packs Pvt. Ltd., Albea Services SAS, Altium Packaging, Amcor plc, AptarGroup Inc., Ball Corp., Berry Global Inc., Cosmopak USA LLC, Dow Chemical Co., DS Smith Plc, Gerresheimer AG, Graham Blowpack Pvt. Ltd., HCP Packaging, Libo Cosmetics, Quadpack Industries SA, Silgan Holdings Inc., SKS Bottle and Packaging Inc., Sulapac Oy, TriMas Corp., Verescence France, and Vimal Plastics
Segment Overview This beauty packaging market report extensively covers market segmentation by
Application
1.1 Skin care
1.2 Hair care
1.3 Makeup
1.4 Nail care
Material
2.1 Glass
2.2 Metal
2.3 Plastic and others
Geography
3.1 North America
3.2 Europe
3.3 APAC
3.4 South America
3.5 Middle East and Africa
1.1 Skin care- The beauty packaging market caters to the various wants of the cosmetics business, notably skincare merchandise. Brands prioritize sustainable options for differentiation, akin to Albea Group’s Twirl refillable jar packaging. Paper-based and sachet packaging are eco-friendly alternate options. Cosmetic manufacturers search uncooked supplies from plastic suppliers to guarantee low prices and profitability. Innovations like 3D printing and visually interesting designs for shampoo packages and fragrances improve beauty merchandise attraction. Brand positioning depends on distinctive packaging codecs to stand out in the e-commerce house.For extra info on market segmentation with geographical evaluation together with forecast (2024-2028) and historic knowledge (2018 – 2022) – Download a Sample ReportKey Market Trends Fueling ProgressThe beauty packaging market is experiencing vital development, pushed by shifting shopper preferences in direction of natural and pure magnificence merchandise. Innovations in inexperienced packaging options, in response to rising environmental consciousness, are a key pattern. Emerging markets in APAC and South America, fueled by rising disposable earnings, current new alternatives. Retail, showrooms, and e-commerce function distribution channels, with digital transformation and social media influencers influencing shopper conduct. Longer shelf life and design attractiveness are essential components in product packaging, whereas adherence to environmental norms and numerous packaging materials sorts are important issues. Market Challenges
The beauty packaging market is experiencing vital shifts in shopper preferences in direction of sustainable and eco-friendly options. Innovations in inexperienced packaging supplies are driving this pattern, as distributors search to meet environmental norms and cater to the rising shopper consciousness. Disposable earnings and social media affect are additionally key components, with shoppers demanding longer shelf life and enticing product packaging. Digital transformation and custom-made design are important for distributors wanting to distinguish themselves in the international market. In March 2023, Sulapac launched Sulapac Luxe, a sustainable materials for luxurious perfume caps, additional increasing the firm’s inexperienced packaging options.
Research report offers complete knowledge on influence of pattern, driver and challenges – Buy ReportMarket Research OverviewThe Cosmetic Packaging Market is a big section of the international packaging business, with a concentrate on designing, manufacturing, and supplying modern and enticing packaging options for numerous beauty and private care merchandise. The market is pushed by a number of components, together with the desire for premium and sustainable packaging, rising shopper consciousness, and the growing demand for eco-friendly and recyclable supplies. The market is segmented primarily based on materials sorts, akin to plastic, glass, metallic, and paper & board. Plastics dominate the market due to their versatility, cost-effectiveness, and light-weight properties. However, the demand for sustainable and eco-friendly packaging is driving the development of paper & board and glass packaging. Moreover, the market is additionally segmented primarily based on product sorts, together with skincare, make-up, fragrances, and hair care. The make-up section holds the largest market share due to the excessive demand for modern and enticing packaging options. The Cosmetic Packaging Market is anticipated to grow at a big CAGR throughout the forecast interval, pushed by the rising shopper desire for premium and sustainable packaging and the growing demand for eco-friendly and recyclable supplies. The market is additionally anticipated to be influenced by the newest traits, akin to the use of digital printing, good packaging, and the integration of augmented actuality know-how.Table of Contents:1 Executive Summary2 Market Landscape3 Market Sizing4 Historic Market Size5 Five Forces Analysis6 Market Segmentation
Application
Skin Care
Hair Care
Makeup
Nail Care
Material
Glass
Metal
Plastic And Others
Geography
North America
Europe
APAC
South America
Middle East And Africa
7 Customer Landscape8 Geographic Landscape9 Drivers, Challenges, and Trends10 Company Landscape11 Company Analysis12 AppendixAbout TechnavioTechnavio is a number one international know-how analysis and advisory firm. Their analysis and evaluation focuses on rising market traits and offers actionable insights to assist companies establish market alternatives and develop efficient methods to optimize their market positions.With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 stories and counting, overlaying 800 applied sciences, spanning throughout 50 international locations. Their consumer base consists of enterprises of all sizes, together with greater than 100 Fortune 500 corporations. This growing consumer base depends on Technavio’s complete protection, in depth analysis, and actionable market insights to establish alternatives in present and potential markets and assess their aggressive positions inside altering market situations.ContactsTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/SOURCE Technavio
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