Global cosmetic packaging market by 2028

The latest market intelligence report released by Data Insights Partners in the global cosmetic packaging market. According to the report, the global cosmetics packaging market is expected to grow at a healthy CAGR during the forecast period, which will be boosted by cosmetic packaging manufacturers accross the world.

Cosmetic packaging refers to the main packaging, including cosmetic containers and auxiliary packaging for cosmetics and perfumes. The International Organization for Standardization (ISO) establishes international norms that must be followed on a global scale for cosmetic packaging. Regional and local regulatory agencies, such as the FDA and the EU, develop directives that cosmetic packaging companies must follow.

Cosmetics packaging market drivers

The prosperous cosmetic industry provided the initial impetus for the cosmetic packaging industry. The surging purchasing power of consumers, especially in developing countries, coupled with a growing preference for attractive looks, is driving the market. The trend of grooming between the two genders has increased, especially in the corporate market, where this area is booming.

The penetration of the Internet and social media platforms is contributing to the growth of this market in a number of ways. Lifestyle blogs and make-up tutorials abound on social media platforms, which have had a positive impact on young people's impulse purchases of celebrity make-up that imitates young people. In addition, the Internet has facilitated the opening of online cosmetics stores of different brands, which is enriching the market.

Cosmetics packaging plays a vital role in expanding the consumer base. Makeup products with attractive and functional packaging can not only bend the vanity of users, but also help cosmetic companies promote their brands and thus expand the market share of their products.

The convenience of cosmetic packaging has enabled this market to grow. Many cosmetic products are sensitive to sunlight and temperature. Packaging not only radiates these adverse effects, but also increases the service life of the product. In addition, packaging is necessary because cosmetics have to go through a long distribution and storage chain before they reach the end user. These factors are accelerating the operation of the cosmetics packaging market.

Wholesale and custom cosmetics packaging market constraints

The basic raw material used in the production of cosmetic packaging is plastic. During the dumping process, the packaging takes up a huge dumping area and is not biological disposable. An increasing number of environmental protection measures and environmental protection policies implemented by the government are impeding the function of the market.

The COVID-19 pandemic had a negative impact on the market. As a result of the global lockdown, cosmetics stores were closed, and cosmetics liquidity and supply chains were disrupted. Moreover, due to the adoption of family working methods and the avoidance of social gatherings, the demand for make-up is greatly reduced, which in turn disrupts the growth of this market.

Wholesale cosmetics packaging business opportunities

Due to environmental protection and the adoption of sustainable programs, the cosmetic packaging industry is recycling plastic materials and developing technologies to produce environmentally friendly packaging solutions and creating new approaches to the market. And there are various eco-friendly cosmetic packaging from new cosmetic tube suppliers, such as pcr tube,  sugarcane tube etc.

Lifestyle changes and increased consumer purchasing power, coupled with an emphasis on cosmetics, particularly in developing economies, are likely to provide substantial opportunities for this market.

Wholesale and custom cosmetics packaging development trend from the perpective of custometic packaging suppliers:

It is estimated that the North American cosmetics packaging market will grow significantly, which motivates the rise of cosmetic packaging manufacturers and suppliers. This progress is attributable to the presence of leading players in the cosmetics and personal care market in the region, the importance of carding to the region's population, the development of the packaging industry (including the continuous development of innovative packaging solutions) and the foundation of e-commerce platforms that can enhance consumer purchasing of cosmetics. The Asia-Pacific region is expected to show significant growth due to the presence of emerging economies such as India and China and the improvement of consumers' living standards and purchasing power.