Cosmetic Packaging Global Market Report 2024

The global cosmetic packaging market has grown strongly in recent years. It will grow from $34.82 billion in 2023 to $36.98 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth observed in the historical period can be attributed to the expansion of the cosmetic industry, a consumer preference for premium packaging, the emphasis on sustainability and eco-friendly packaging, the introduction of new cosmetic products, the globalization of cosmetic brands, and a focus on consumer convenience and portability.

The global cosmetic packaging market is expected to see strong growth in the next few years. It will grow to $46.51 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The anticipated growth in the forecast period can be attributed to a heightened focus on recyclable and biodegradable materials, the increasing demand for anti-counterfeiting measures, a shift towards minimalist and sustainable designs, a focus on circular economy principles, government regulations on packaging waste, and the emergence of refillable packaging concepts. Major trends expected in this period include innovations in materials and printing techniques, the integration of sustainable inks and coatings, the adoption of transparent and clear packaging, collaborations with artists and designers, an emphasis on safety and hygiene, the development of e-commerce-friendly packaging, and the use of packaging as a brand differentiator.

The cosmetic packaging market is set for substantial growth, driven by the increasing consumption of cosmetic products. Cosmetic packaging, encompassing elements from brand logos to ingredient listings, plays a pivotal role in consumer engagement. The surge in sales of prestige beauty products in France, witnessing a 9% increase in 2021, underscores the trend of growing cosmetic product consumption, subsequently boosting demand for innovative and effective cosmetic packaging solutions.

Anticipated growth in disposable income is poised to be a significant driver for the cosmetic packaging market. Rising disposable income, the net amount available for spending and saving after tax deductions, correlates with an increased preference for premium and visually appealing cosmetic products. As seen in India, where disposable personal income rose from 238,573,760 INR million ($2,869,262.20 million) in 2021 to 272,995,370 INR million ($3,283,241.61 million) in 2022, the higher disposable income is fueling demand for sophisticated and aesthetically pleasing cosmetic packaging solutions.

Strategic partnerships are becoming a prevalent approach for major companies in the cosmetic packaging market to enhance their capabilities. Axilone Group, a French firm specializing in high-end packaging solutions, recently announced a strategic partnership with Alder Packaging Inc. This collaboration aims to leverage Axilone's expertise, manufacturing methods, and bespoke packaging capabilities to bring environmentally friendly options to the West Coast. Such partnerships facilitate the exchange of knowledge and resources, contributing to the leadership and sustainability goals of companies in the cosmetic packaging industry.

Innovation in product solutions emerges as a key trend shaping the cosmetic packaging market. Companies like WWP Beauty, a US-based cosmetic packaging developer, are actively introducing novel turnkey, packaging, and accessory solutions. At events like Makeup in Los Angeles, WWP Beauty showcases sustainable solutions across various beauty sectors, empowering brands to meet evolving customer preferences. These innovations in cosmetic packaging contribute to providing enhanced and sustainable options to beauty brands and their discerning consumers.

In the realm of strategic investments, Carlyle, a US-based investment firm, made a significant move by acquiring a 100% stake in HCP Packaging from BPEA in May 2022. This strategic acquisition aligns with Carlyle's global platform strengths, positioning them for the next phase of growth and solidifying their leading market position internationally. HCP Packaging, based in the US, operates in the cosmetic packaging sector, contributing to Carlyle's expansion and dominance in the industry.

Major companies operating in the cosmetic packaging market report are AptarGroup Inc., BambooVision, Amcor PLC, Albea SA, Dasso Group, EcoPlanet Bamboo, World Wide Packaging LLC, Bemis Company Inc., Simply Bamboo Pty Ltd., Smith & Fong Company, Berry Global Inc., Sonoco, Huhtamaki Oyj, TriMas Corporation, Rexam PLC, Akey Group LLC, Alltub Group, Alpha Packaging, Baralan USA, Lumson S.p.A., Cosmopak USA LLC, Coverpla Inc., East Hill Industries LLC, Fusion Packaging, Garrett Hewitt International, Global Packaging Inc., HCP Packaging, HCT Group, IntraPac International LLC, Pack Logix, Pack-Tubes, Qosmedix, Raepak Ltd., Roberts Cosmetic Container Corp., RPC M&H Plastics, TricorBraun, and Virospack SLU.

Asia-Pacific was the largest region in the cosmetic packaging market in 2023. The regions covered in the cosmetic packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the cosmetic packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The primary types of cosmetic packaging include tubes, bottles, dispensers, and other packaging formats. Dispensers are devices or containers specifically crafted for easy and convenient retrieval of items or quantities. Various materials, such as glass, paper-based materials, plastic, and metal, are employed for cosmetic packaging across categories like oral care, skin care, hair care, makeup, and perfume.

This report provides cosmetic packaging market statistics, including cosmetic packaging industry global market size, regional shares, competitors with a cosmetic packaging market share, detailed cosmetic packaging market segments, market trends and opportunities, and any further data you may need to thrive in the cosmetic packaging industry. This cosmetic packaging market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The market consists of sales of skin creams boxes, lotions bottles, perfumes glass bottle, lipsticks boxes, fingernail polishes, eye, and facial make-up product boxes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.