Beauty Supplements Packaging Market Size - By Product Type (Bottles, Tubes, Jars, Tottles, Pouches, Strips, Others (Applicators, Sticks, Pumps, etc.)), By Material, By Application, By End User (OEM, Aftermarkets) & Forecast, 2024 – 2032
Published Date: July - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Packaging | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationBeauty Supplements Packaging Market Size - By Product Type (Bottles, Tubes, Jars, Tottles, Pouches, Strips, Others (Applicators, Sticks, Pumps, etc.)), By Material, By Application, By End User (OEM, Aftermarkets) & Forecast, 2024 – 2032
Beauty Supplements Packaging Market Size
Beauty Supplements Packaging Market was valued around USD 9.7 billion in 2023 and is anticipated to register a CAGR of 4.9% between 2024 and 2032. The industry has seen significant growth in recent years, driven by a confluence of environmental, economic, and growth factors such as, increase in demand of beauty supplements and personal care products, evolving innovation in packaging, rising customization needs and increased sustainability concerns. This trend appeals to eco-conscious consumers, as many beauties supplements packaging includes reusable packaging which can be refilled as well.
To get key market trends
Hey, have you noticed how much the skincare and beauty industry has been booming lately? It's all thanks to people having more money to spend, especially in countries where economies are starting to do well. Plus, social media and online shopping are making it easier than ever for people to find and buy products that make them look fabulous. In the U.S. alone, people spent over $190 billion on skincare, haircare, and other personal care products in 2022. That's a lot of green! One thing that's really taking off is the idea of "holistic wellness." People are starting to realize that what's good for their bodies is also good for their skin and hair. So, they're turning to supplements like matcha, biotin, and collagen to nourish their appearances from the inside out. And speaking of packaging, people are getting hip to the importance of sustainability. That means using materials that are eco-friendly and biodegradable. Think earthy tones, natural textures, and fewer plastic bottles. One way to make a big impact is to use reusable containers. For example, instead of shipping products in hundreds of cardboard boxes, you can use a single, reusable crate. Even big companies are getting in on the sustainability game. Like Hourglass, a fancy beauty brand that uses recycled ocean plastic for some of its packaging. So, there you have it. The personal care industry is growing like crazy, and it's all about embracing natural ingredients, sustainable packaging, and the idea that beauty and health go hand in hand.
| Report Attribute | Details |
|---|---|
| Base Year | 2023 |
| Beauty Supplements Packaging Market Size in 2023 | USD 9.7 billion |
| Forecast Period | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR | 4.9% |
| 2032 Value Projection | USD 14.8 billion |
| Historical Data for | 2021 - 2023 |
| No. of Pages | 370 |
| Tables, Charts & Figures | 247 |
| Segments covered | Product, Material, End Use, Distribution Channel and region |
| Growth Drivers |
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| Pitfalls & Challenges |
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What are the growth opportunities in this market?
Beauty supplements packaging requires stringent regulatory requirements regarding labelling, ingredient transparency, health claims, and safety standards. These regulations can be complex and costly for packaging manufacturers and brands. It is also important to research for companies operating at various regions as, regulatory laws can vary significantly in different regions and countries.
Beauty supplements packaging Market Trends
Hey there! More and more people are becoming eco-conscious these days. They're choosing beauty supplements with packaging that's good for the planet. That means things like recyclable, biodegradable, and even refillable packaging. Did you know that most people are even willing to pay more for sustainable packaging? For example, BioClarity made a wise move by using recycled plastic. They reduced their virgin plastic use by a whopping 30%! Another cool trend is personalized packaging. Brands are using QR codes, educational content, and interactive features to connect with consumers. Take Hum Nutrition for instance. They print QR codes on their packaging that lead to articles about ingredients and beauty tips. This helps people get more information and build a stronger bond with the brand.
Beauty supplements packaging Market Analysis
Learn more about the key segments shaping this market
The market for packaging materials is divided into different types, including bottles, tubes, jars, pouches, strips, and other options like applicators and pumps. Tubes have seen a major surge in popularity, becoming the standout packaging type in 2023. They're projected to generate a whopping USD 4.4 billion in revenue by 2032. Why are tubes so popular? For starters, they're a breeze to use and carry around. They're lightweight, compact, and fit easily into your bag, making them perfect for anyone who's always on the move. Another big reason is the trend towards personalized dosages and single-serving supplements. Tubes help people measure out the perfect amount each time, making them super convenient and hygienic. They're also ideal for liquid supplements where precise dosage is essential. Plus, tubes are a money-maker for packaging companies. They command higher prices than other options like bottles, even though they use less material. This means manufacturers can save money, especially when they're working with expensive raw materials. To top it off, tubes come in a wide range of sizes and materials, giving customers plenty of choices to fit their needs.
Learn more about the key segments shaping this market
When it comes to packaging beauty supplements, there's a range of options to choose from, including glass, plastic, metal, paper, and cardboard. Out of these, plastic has been the most popular choice, grabbing a big chunk of the market in 2023. Experts predict it will continue to lead the pack, hitting a value of a whopping USD 5.7 billion by 2032. Why is plastic so popular? Well, it has its perks. It's durable and lightweight, making it easy to transport and store. This means lower costs for businesses and less hassle for consumers. Plus, plastic containers can handle being moved around a lot and can withstand tough conditions, so they last longer and save you money in the long run. It's not all about plastic, though. As people become more eco-conscious, there's a growing demand for sustainable packaging options. That's where glass, metal, and paperboard come in. These materials can be coated with plant-based materials, making them more environmentally friendly. So, while plastic is still the king for now, it's good to know that there are greener choices out there that are gaining popularity.
If you're looking for beauty supplements, you'll find them in categories like skincare, hair care, body care, and more (like nail care and sunscreen). In 2023, skincare supplements were the most popular, with a huge 39.6% of the market. And they're expected to stay on top, reaching a whopping $5.7 billion by 2032. With more people focusing on overall wellness, skincare supplements are becoming more popular. This means packaging companies are getting busy making them look good. For them, it means more production and probably lower costs per unit. Plus, since skincare supplements are a bit fancy, they can offer high-quality, cool packaging and make a nice profit. Manufacturers are also making the packaging look great, because that's what people want.
Based on end user, the market is segmented into OEM and aftermarkets. In 2023, the OEM segment emerged as the market leader, commanding a substantial 60.9% market share and has registered revenue of USD 8.5 billion by 2032. OEM relationships promote greater cooperation between producers and beauty supplements brands. This may result in production of creative packaging solutions made to fit the demands of certain brands and current market trends. OEM collaboration provides long term contracts and stability for manufacturers as well, due to the stable production plans and steady revenue streams from collaborated brands.
Looking for region specific data?
The beauty supplements market in North America is booming! People are buying more and more supplements to improve their appearance, and businesses are taking notice. North America is the biggest market for beauty supplements, and it's only going to get bigger. By 2032, it's expected to be worth a whopping $6.7 billion. One reason for this growth is that people are more concerned about aging. They're looking for products that will help them look and feel younger. Another reason is the rise of e-commerce. More and more people are buying beauty supplements online, making it easier for businesses to reach them. Manufacturers are taking advantage of these trends by developing new packaging that meets the needs of consumers. For example, there's a growing demand for reusable packaging that's both convenient and sustainable. Businesses are also using packaging to promote their brands and build loyalty with customers. One way manufacturers are doing this is by incorporating biodegradable options into their packaging. This helps them appeal to consumers who are concerned about the environment. By partnering with brands that share their values, manufacturers can increase their sales and build lasting relationships.
The North American beauty supplements packaging market is growing at the fastest growth rate of around 43.4% in the global market during 2023. The region’s increasing consumer demands with current trends increase the demand of packaging with sustainable materials.
In terms of country U.S. dominated with the overall market share of around 78.5% in the North American market. The US market has health-conscious consumers with high disposable income and are willing to pay for premium options, creating a demand for high-quality packaging. Additionally, the diverse and niche nature of the market allows manufacturers to showcase their capabilities by offering specialized solutions for various product types.
Europe is dominating the beauty supplements packaging market with a market share of around 23.2% in the year 2023 and expected to reach around USD 2.9 billion by 2032. Europe market has the aging population which focusses on preventative healthcare and thereby, creating a strong customer base for beauty supplements and their packaging. Additionally, the growing demand for natural and organic products presents an opportunity to develop packaging that aligns with these consumer preferences.
In terms of country U.K. dominated with the overall market share of around 36.1% in the Europe market. Wellness and health can present an opportunity for beauty supplements packaging manufacturers. The emergence of social media presence and influencer marketing culture has risen up for visually appealing packaging solutions. Manufacturers who are skilled in producing this kind of packaging can obtain a competitive advantage.
The Asia pacific market is growing at the fast growth rate of around 18.8% in the global beauty supplements packaging industry during 2023. The Asia pacific region. There is a huge market for beauty supplements because of the rising demand. Furthermore, the emphasis on natural ingredients offers an opportunity to create packaging that meets these customer expectations.
In terms of country China dominated with the overall market share of around 22.3% in the North American market. The rapidly growing customer base with rising disposable income creates opportunities for beauty supplements and their packaging. Furthermore, the growing of livestreaming commerce can necessitate packaging solutions that are visually stunning and grab attention online. Therefore, manufacturers who can create aesthetically appealing packaging solutions can have a competitive advantage here.
Beauty supplements packaging Market Share
The key players operating in the market are Albea Group, Berry Global, Gerresheimer, HCP Packaging, TricorBraun all together comprises a market share of 30-40% in 2023. The market is fragmented. It's a dynamic market with a mix of established players and new entrants.
Beauty supplements packaging Market Companies
Major players operating in the market include
- Albea Group
- Alpha Packaging
- Amcor plc
- Anomatic Corporation
- Aptar Beauty + Home
- Berry Global
- Comar
- Fusion Packaging
- Gerresheimer
- HCP Packaging
- Pretium Packaging
- Quadpack Industries
- RPC Group
- Technoshell Automations
- TricorBraun
- Tube Tech International
- Viva Healthcare Packaging
Beauty supplements packaging Industry News
- In February 2024, Berry Global’s recently launched Wave2cc mono-material dispenser for personal care and cosmetic applications. Wave2cc is recyclable when paired with a PET bottle. Wave2cc combines a modern, eye-catching design with maximum user-friendliness and convenience. It also provides sustainability benefits.
- In October 2023, Berry Global launched their lightweight tube closure solution that combines modern design and material versatility with a reduction of greenhouse gas emissions. The closures are available in 35mm and 50mm diameters, each in matt and glossy surface finishes and with 3mm and 5mm orifices. The closures are manufactured in virgin polyethylene (PE) and polypropylene (PP).
- In October 2023, Aptar Beauty and Pinard Beauty Pack collaborated and launched Future Airless PET, the first airless packaging solution, available in a large size, that is both fully recyclable and omnichannel. It is obtained through the combination of Aptar’s Future PE pump and the patented Airless PET bottle-in-bottle by Pinard.
The beauty supplements packaging market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue (USD Million) from 2021 to 2032, for the following segments
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Market, by Type
- Bottles
- Tubes
- Jars
- Tottles
- Pouches
- Strips
- Others (Applicators, Sticks, Pumps,etc.)
Market, by Material
- Glass
- Plastic
- metal
- Papers & cardboards
- Others (biodegradeble materials)
Market, by Application
- Skincare supplements
- Hair care supplements
- Body care supplements
- Others (nail care, sun protection)
Market, by End User
- OEM
- Aftermarkets
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- MEA
- UAE
- Saudi Arabia
- South AfricaRest of MEA
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