Rising Consumer Demand to Drive Global Cosmetics Packaging Demand to Reach US$61.9 Billion in 2030
Industry Experts, Inc., has introduced its latest report on Cosmetics Packaging. According to this new report, Cosmetics Packaging demand is estimated at US$47.3 billion in 2024, up from US$45.2 billion in 2023, and projected to post a CAGR of 4.6% between 2024 and 2030 to reach US$61.9 billion in 2030.
The global Cosmetics Packaging market is driven by several key growth trends which include rising consumer demand for beauty and personal care products, fueled by trends in wellness, self-care, and social media influence. Aesthetic appeal and packaging innovation are crucial, as consumers increasingly value unique, visually appealing packaging that enhances brand experience. The push for sustainability is also a major factor, with brands adopting eco-friendly packaging solutions like recyclable, refillable, and biodegradable materials to meet consumer expectations and regulatory demands.
The Asia-Pacific region holds the dominant position in the Cosmetics Packaging market, accounting for 44.3% in 2024, due to its large consumer base, growing middle-class population, and strong demand for beauty and personal care products. Countries like China, Japan, South Korea, and India drive significant demand as rising disposable incomes and a growing focus on personal appearance fuel the cosmetics industry. Additionally, Asia Pacific is home to major beauty trends and innovations, particularly in skincare and makeup, with South Korea leading in advanced formulations and unique packaging designs. The booming e-commerce market in the region further accelerates demand for durable, attractive, and sustainable packaging that appeals to online consumers.
The report studies the cosmetics packaging market across all major regions including North America (The United States, Canada, and Mexico), Europe (France, Germany, Italy, Russia, Spain, the United Kingdom & Rest of Europe), Asia-Pacific (Australia, China, India, Japan, South Korea & Rest of Asia-Pacific), South America (Argentina, Brazil, Colombia & Rest of South America) and Middle East & Africa (UAE, Saudi Arabia, South Africa, Egypt, Türkiye & Rest of Middle East & Africa).
The market for key product types of cosmetics packaging analyzed in this report includes Tubes, Bottles, Dispensers and Others. The study examines the market for cosmetics packaging by application comprising Hair Care, Skin Care, Make Up and Nail Care.
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