Growth Projected for the Global Cosmetic Packaging Market

Data available from Research and Markets indicates that the global cosmetic packaging market is projected to grow from $49.4 billion in 2020 to $60.9 billion by 2025, at a CAGR of 4.03% from 2020 to 2025.

“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” credits factors such as an increase in packaging innovations, and a boost in the demand for cosmetics from “the youth population.”

Bottles accounted for the largest market share among all the types of cosmetic packaging due to increased demand for bottles from personal care and hair care manufacturers. Rigid plastic led the cosmetic packaging market in 2019, in terms of value and volume.

The Asia Pacific region is expected to account for the largest share in the cosmetic packaging market during the forecast period.