Global Cosmetic Bottle Packaging Market Highlights
The global cosmetic bottle packaging market, estimated at about USD 39 billion at the retail level, is a highly attractive segment of the consumer products space. The market has seen steady growth of 4.5% CAGR in the last few years.
Packaging plays a great role in the branding of cosmetics products. The overall look of a cosmetics product is one of the most important determinants of its market appeal, besides its quality. Demand for personal care products will be the result of healthy shipment expansion in a number of key plastic container applications, such as oral care products and cosmetics. Of the primary container types, plastic bottles will continue to hold a large share of total demand. Plastic’s advantages over other materials, including performance characteristics, and a relatively favorable cost structure, act as major factors for the growth of the market.
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Their dominance is due to the entrenched position of plastic bottles in many high-volume applications such as shampoo, conditioner, and lotion. Other plastic formats, such as squeeze tubes and jars, will gain ground based on demand for packaging that can provide shelf differentiation. Plastic bottles will still continue to hold the largest share of the total market. Both tubes and other plastic containers will see slightly faster gains, due to better prospects for cosmetics and the adoption of non-traditional package formats. Cosmetic manufacturers need to give prime importance to cosmetic packaging as this plays a key role in retaining existing customers and attracting new ones.
The key players of global cosmetic bottle packaging market includes:
- Amcor Ltd. (Australia)
- Albea Group (Luxembourg)
- CCL Industries (Canada)
- Sonoco Products Company (U.S.)
- Sinclair & Rush, Inc. (U.S.)
- Essel Propack Ltd (India)
- Huhtamaki (Finland)
- Montebello Packaging (Canada)
- World Wide Packaging LLC (U.S.)
- Unette Corporation (U.S.)
Extensive research in this market has brought to light that expansion is the key strategy adopted by the major players in the global cosmetic bottle packaging market. This strategy is widely adopted to spread their geographical presence and achieve operational efficiencies.
Market Research Analysis:
The global cosmetic bottle packaging market is a very dynamic market and is expected to witness high growth over the forecast period. The growth of cosmetic bottle packaging market is influenced by the long-term air quality and climate goals. The development of new and diversified technologies is creating exciting opportunities within the packaging industry. The increased demand, globally, for airless tubes and the availability of high-quality printing at a very low cost are major driver for the global cosmetic bottle packaging market. Some of the key driving factors for cosmetic bottle packaging market are significant growth in packaging industries, coupled with innovative packaging and excellent barrier properties.
The increasing adoption of lightweight rigid plastics is one of the key drivers propelling the growth of this market in the coming years. Lightweight packaging is becoming, increasingly, popular among the consumers as it helps in the significant reduction of transportation and carriage costs, leading to increased profits. The cosmetics and oral care segment is expected to witness huge growth in the future due to improved lifestyle, globally. The factors have, significantly, benefitted the global market for cosmetic packaging and are expected to lead to healthy growth opportunities for the market in the next few years as well.
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Scope of the report
This study provides an overview of the global cosmetic bottle packaging market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global cosmetic bottle packaging market by its product and region.
- Skin care
- Hair care,
- Bath & shower
- North America
- Asia Pacific
- Rest of the World
On the basis of regions, Asia Pacific accounted for majority of the market share; will continue to dominate the market in the forecast period. Rapid economic growth and increase in disposable income resulted in changing lifestyle patterns in emerging countries, such as China, India, and Brazil. China cosmetic bottle packaging market is expected to have new growth opportunities over the coming years. Improving disposable income, rising information, and changing standard of living have augmented the demand for cosmetic bottle packaging products, positively impacting the cosmetic bottle packaging market.
Major Table Of Contents
1 Executive Summary
2 Scope Of The Report
3 Market Landscape
4 Market Dynamics
5 Global Cosmetic Bottle Packaging Market, By Material : Plastics, Glass, Metal and other
6 Global Cosmetic Bottle Packaging Market, By Application : Skin care, Hair care, Bath & shower, Cosmetics and Others
7 Global Cosmetic Bottle Packaging Market, By Region : North America, Europe, Asia Pacific and Rest Of The World
8 Competitive Landscape
9 Company Profiles
List Of Tables
List Of Figures
The report for Global Cosmetic Bottle Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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