There has been an increase in demand for flexible packaging in the cosmetic industry due to various benefits. Flexible packaging is adaptable for multiple cosmetic products such as creams, lotions, and powders and is an ideal solution for containing and dispensing liquids. Flexible packaging is light and more portable than rigid and semi-rigid packaging and provides an unsurpassed freshness, quality, and purity. Flexible packaging is increasingly used to keep lotions, creams, tanning sprays, and many other cosmetic products fresh and safe from contamination; also, it aligns with the packaging industry's lightweight goals. Flexible packaging has an airtight seal with high-quality adhesives and barrier films to ensure product integrity, making it ideal for skincare packaging and improving cosmetic products' shelf life. Flexible packaging also helps cosmetic brands target rural areas and underdeveloped markets where consumers use products in small quantities, such as in tubes or plastic sachets. Flexible packaging has higher filling volumes than rigid containers, allowing for more quantity allocation in a smaller space and giving consumers in the rural areas ability to use every drop. Thus, the rising use of flexible packaging in the cosmetic industry is driving the growth of the cosmetic packaging market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the growth of Europe cosmetic packaging market. The Europe cosmetic packaging market is expected to grow at a good CAGR during the forecast period.
The cosmetics packaging market is segmented into material type, container type, and application. On the basis of material type, the market is segmented into glass, paper, plastic, metal, and others. Paper segment held the largest market share in 2020. Based on container type, the market is segmented into jars, tubes, bottles, pumps and dispensers, sachets, and others. The bottles segment held the largest market share in 2020. On the basis of application, the market is segmented into skin care, hair care, make up, and nail care. The skin care segment held the largest market share in 2020. Based on country, the Europe cosmetic packaging market is segmented into France, Germany, Italy, the UK, Russia, and the rest of Europe. Furthermore, Albea; Aptar Group, Inc.; Berry Global Inc.; Gerresheimer AG; HCP PackaginG; Huhtamaki; Libo Cosmetics; Silgan Plastics; and WWP Beauty are among the leading companies in the Europe cosmetic packaging market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 9,723.16 Million |
| Market Size by 2028 | US$ 12,018.85 Million |
| CAGR (2021 - 2028) | 3.1% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Material Type
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe Cosmetic Packaging Market is valued at US$ 9,723.16 Million in 2021, it is projected to reach US$ 12,018.85 Million by 2028.
As per our report Europe Cosmetic Packaging Market, the market size is valued at US$ 9,723.16 Million in 2021, projecting it to reach US$ 12,018.85 Million by 2028. This translates to a CAGR of approximately 3.1% during the forecast period.
The Europe Cosmetic Packaging Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Cosmetic Packaging Market report:
The Europe Cosmetic Packaging Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Cosmetic Packaging Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Cosmetic Packaging Market value chain can benefit from the information contained in a comprehensive market report.
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