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Global Cosmetic Packaging Market worth $ 60.9 billion by 2025 | Top Key Players Like USE , Amcor PLC (Australia), Berry Global Inc. (US), Sonoco (US)

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Jesscia Peter
Global Cosmetic Packaging Market worth $ 60.9 billion by 2025 | Top Key Players Like USE , Amcor PLC (Australia), Berry Global Inc. (US), Sonoco (US)

The report “Cosmetic Packaging Market by Type, Material (Glass, Metal, Rigid plastic, Paper-based, Flexible packaging), Application (Skin care, Hair care, Oral care, Sun care, Color cosmetic, Fragrance & perfume), and Region – Global Forecast to 2025” The global cosmetic packaging market size is projected to grow from USD 49.4 billion in 2020 to USD 60.9 billion by 2025, at a CAGR of 4.03% from 2020 to 2025.


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Browse 144 market data Tables and 43 Figures spread through 180 Pages and in-depth TOC on “Cosmetic Packaging Market by Type, Material (Glass, Metal, Rigid plastic, Paper-based, Flexible packaging), Application (Skin care, Hair care, Oral care, Sun care, Color cosmetic, Fragrance & perfume), and Region – Global Forecast to 2025”


View detailed Table of Content here – https://www.marketsandmarkets.com/Market-Reports/cosmetic-packaging-market-1307.html


The cosmetic packaging market has been dominated by large players, such as the Amcor PLC (Australia), Berry Global Inc. (US), DS Smith PLC (UK), Sonoco (US), and Huhtamaki Oyj (Finland). These players have adopted various growth strategies, such as expansions, new product developments, and acquisitions, to increase their market shares and enhance their product portfolios.


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Acquisitions accounted for the largest share of all the strategic developments that took place in the cosmetic packaging market between February 2016 and January 2020. Key players such as Amcor PLC (Australia), Berry Global Inc. (US), Sonoco (US), Huhtamaki Oyj (Finland), AptarGroup, Inc. (US), TriMas Corporation (US), and HCP Packaging (China) adopted these strategies to strengthen their business portfolios and presence in the cosmetic packaging industry.


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Skin care is estimated to be the largest segment in the cosmetic packaging market in 2019.


Skin care, by application, accounted for the largest demand for cosmetic packaging in 2019, in terms of value and volume. This dominant market position is attributed to the boost in the demand for new and innovative skin care ranges such as face creams, anti-aging creams, sunscreens, and others. With the boost in the demand for personal grooming products, the demand for its packaging product has also gone up, which has created an opportunity for the growth of the skin care segment in the cosmetic packaging market.


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Amcor PLC (Australia), Berry Global Inc. (US), Sonoco (US), Huhtamaki Oyj (Finland), Albea SA (France), and DS Smith PLC (UK) are the key players operating in the cosmetic packaging market. Expansions, acquisitions, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the cosmetic packaging market.


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