The US, Canada, and Mexico are major economies in North America. In recent years, there has been an increase in consciousness regarding personal appearance among individuals, leading to an increase in demand for cosmetic products and resulting in the growth of the cosmetic packaging market across the region. Further, North America is considered the biggest cosmetic market. Additionally, an increase in demand for cosmetics due to the shifting grooming trends among men and women is driving the growth of the cosmetic industry. In recent years, the cosmetic industry shifted from a feminine-oriented products base toward an industry serving all genders, which expanded the consumer base for the industry. The inception of male cosmetics users positively impacted the cosmetic industry. Thus, an increase in demand for cosmetics from different genders is driving the growth of the cosmetic packaging market. Cosmetic packaging becomes an essential factor as it helps provide the product with a distinctive look, which helps attract consumers. The manufacturers focus on creating better packaging designs and brand their products smartly through innovative packaging to attract more consumers. Due to the growing demand for cosmetics through e-commerce and digital transformation, there has been an increase in demand for specialized and customized packaging, providing the manufacturers a competitive edge. Thus, the growing cosmetic industry worldwide 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 the North America cosmetic packaging market. The North America 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. The 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 North America cosmetic packaging market is segmented into the US, Canada, and Mexico. The US held the largest market share in 2020. Furthermore, Albea; APC Packaging Ltd.; 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 North America cosmetic packaging market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 4,715.02 Million |
| Market Size by 2028 | US$ 6,211.51 Million |
| CAGR (2021 - 2028) | 4.0% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Material Type
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Cosmetic Packaging Market is valued at US$ 4,715.02 Million in 2021, it is projected to reach US$ 6,211.51 Million by 2028.
As per our report North America Cosmetic Packaging Market, the market size is valued at US$ 4,715.02 Million in 2021, projecting it to reach US$ 6,211.51 Million by 2028. This translates to a CAGR of approximately 4.0% during the forecast period.
The North America 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 North America Cosmetic Packaging Market report:
The North America Cosmetic Packaging Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Cosmetic Packaging Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Cosmetic Packaging Market value chain can benefit from the information contained in a comprehensive market report.
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