Global Cosmetic Jar Market Size By Material (Plastic, PP, LDPE), By Application (Skincare, Haircare, Makeup), By Geographic Scope And Forecast
Published Date: July - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationGlobal Cosmetic Jar Market Size By Material (Plastic, PP, LDPE), By Application (Skincare, Haircare, Makeup), By Geographic Scope And Forecast
Cosmetic Jar Market Size And Forecast
Cosmetic Jar Market size was valued at USD 27.80 Million in 2022 and is projected to reach USD 37.69 Million by 2030, growing at a CAGR of 3.44% from 2023 to 2030.
The cosmetic jar market? It's totally changed! This is because of all the cool new stuff happening in cosmetic formulas, right alongside the broader buzz in the beauty world. And it's not just big stores and suppliers who want these jars. Regular folks do too! Think about iteveryone wants to personalize their products and make them look amazing. From the supplier's point of view, that need is what's driving sales. Want the lowdown on all of this? The Global Cosmetic Jar Market report really digs deep. It breaks down everything – the important parts, the trends, what's helping and hurting the market, who the big players are, and everything that's making a difference.
Global Cosmetic Jar Market Definition
Both the primary and secondary packaging of fragrances and cosmetic goods are together referred to as “cosmetic packaging.” The phrase “primary packaging” refers to cosmetic containers. Products classified as cosmetics are substances that are developed for the purpose of washing, beautifying, and encouraging an enhanced appearance in humans without disrupting the structure or functioning of the body. The Worldwide Organization for Standardization is responsible for establishing an international norm for cosmetic packaging, which is then governed by national or regional rules, such as those issued by the European Union or the Food and Drug Administration.
To sell their products legally, cosmetic companies and manufacturers need to follow these rules in their area. The beauty industry is booming like crazy right now! Thanks to cool new formulas and better products that last longer, we've got a thriving beauty scene. And since everyone's taking better care of themselves, the industry just keeps growing. You know those cosmetic jars? They're basically the cups and containers that hold all your favorite creams, lotions, and gels. People love them because they're so light. Plus, cosmetic companies can customize them with their brand names and logos, which helps you recognize them.
You know those plastic containers – made from stuff like polyethylene terephthalate, polypropylene, and different kinds of polyethylene? They're everywhere! We use them for packing all sorts of things, and they come in all shapes and sizesbottles, jars, even bowls and pails. Think about it – your food, your drinks, even your meds and makeup probably come in one. They're getting super popular for packaging food because they're tough, light, keep moisture out, and even protect from the sun! Basically, because companies want their stuff to last longer on the shelf and look good to grab your attention, these containers are a win-win. Plus, they're easy to make and people like the way they look!
Global Cosmetic Jar Market Overview
The Global Cosmetic Jar Market has been transformed as a result of spontaneous innovation in cosmetic formulation along with ongoing innovation in the global beauty industry. Cosmetic jars are in high demand due to both supplier and buyer demands. The demand for product personalization and identity, as well as improving the visual appeal of the product, are elements that function as drivers from the provider side. The increasing preference for home consumption over having treatments outside is projected to act as a driver for the worldwide Cosmetic Jar Market from the purchasers’ perspective.
E-commerce has exploded in the last ten years, and now a huge chunk of cosmetics buying happens online. And guess what? Looks really do matter! When it comes to beauty products, appearance is king. The global beauty biz is a goldmine, so cosmetic jar manufacturers are constantly battling it out to create top-notch jars that are super eye-catching. These days, people are all about high-end, luxury products that are gorgeous and aesthetically pleasing. To make their products stand out, companies need to keep innovating with different shapes, colors, and raw materials. All this focus on beauty is set to drive the Global Cosmetic Jar Market forward!
Furthermore, consumer demand has decreased as people are now more focused on cutting non-essential expenses from their budgets as the general economic situation of most people has been badly impacted by the outbreak. Over the forecast period, the aforementioned factors are likely to weigh on the worldwide Cosmetic Jars Market’s revenue trajectory. The Global Cosmetic Jars Market is predicted to revive as respective government bodies begin to lift these enforced lockdowns.
Despite the ideal conditions for the consistent expansion of the global market for cosmetic jars, there are several challenges, such as the rising popularity of other forms of packaging such as squeeze tubes, that might potentially hinder this growth. More and more consumers are looking for goods and items that can be easily transported from one location to another, as the number of individuals leading hectic lifestyles continues to rise. It is thought to be practical, and it is also one of the most recent trends that have emerged on the market.
Global Cosmetic Jar Market Segmentation Analysis
The Global Cosmetic Jar Market is segmented on the basis of Material, Application, And Geography.
Cosmetic Jar Market, By Material
- Plastic
- PP
- LDPE
- Aluminium
- Acrylic
- Others
Based on Material, The market is segmented into Plastic, PP, LDPE, Aluminium, Acrylic, and Others. Because of its low cost, lightweight, flexibility, durability, and other characteristics, Plastic is a popular material for cosmetic packaging. Plastics are commonly used to make shatterproof and “no-spill” bottles, jars, tubes, lids, and closures for personal care items.
Plastic packaging, such as bottles, jars, compacts, and tubes, leads market share in cosmetics and other personal care items, according to the Packaging Machinery Manufacturers Institute (PMMI), while bottles are the most widely used containers. Most cosmetic containers are made of PP plastic. These can also be made of PET or acrylic. Clear acrylic plastic resembles glass. This substance is break-resistant, unlike glass. PP plastic is cheaper than acrylic and is available in round or tube-shaped containers.
Cosmetic Jar Market, By Application
- Skincare
- Haircare
- Makeup
- Others
Based on Application, The market is segmented into Skincare, Haircare, Makeup, and Others. Haircare, skincare, and other applications are some of the numerous ways that cosmetics packaging can be put to use (makeup). In terms of application, it is anticipated that the skincare segment will constitute the most lucrative part of the market for cosmetic packaging.
This dominant market position can be due to the meteoric rise in demand for products relating to personal care and grooming that has been observed all across the world. Because of shifts in lifestyle and consumer habits, there has been an increase in the demand for wellness, grooming, and personal care goods (particularly among the younger and male population). As a result, the market for skincare products now has the potential to capitalize on this trend.
Cosmetic Jar Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Geography, The Global Cosmetic Jar Market is classified into North America, Europe, Asia Pacific, the Middle East & Africa Latin America the Rest of the world in 2021. The Asia-Pacific region was responsible for the greatest proportion of the market share. It is possible to ascribe a significant portion of the rise in demand for cosmetic packaging in the region to the growing population, increasing urbanization, and rising per capita disposable income of the people.
In addition, the norms and standards for the use of raw materials or ingredients in the manufacturing of packaging products are not as stringent as they once were. This, combined with the easy availability of low-cost labor, is what is attracting the major players to expand their operations in the region. Additionally, it is anticipated that the rise in demand for cosmetics from the developing countries of the Asia-Pacific region will also drive growth in the market for cosmetic Jar.
Key Players
The “Global Cosmetic Jar Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Aptar Group, Inc., RPC Group Plc, Gerresheimer AG, Amcor Limited, Albea S.A., Libo Cosmetics Company, Ltd, Quadpack Industries, HCP Packaging, Fusion Packaging, ABC Packaging Ltd.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
- In March of 2018, RPC Group PLC paid EUR 75 million to acquire a packaging competitor in Germany known as Nordfolien GmBH. Nordfolien conducts its business out of two locations in Germany and Poland, both of which are equipped with recycling facilities on-site.
- April of 2021 saw the acquisition of Boxmore Plastics Limited by industry leader Alpha Packaging. Alpha Packaging is a prominent manufacturer and decorator of high-quality plastic bottles and jars. Alpha’s plan of regional expansion is supported by the acquisition of Boxmore, which also helps to strengthen the company’s presence in the European market.
- Plastipak has planned a significant investment in recycling at a manufacturing facility in Spain in May 2021. PET flake will be converted into food-grade recycled PET (rPET) pellets that may be used directly in new preforms, bottles, and containers at the new recycling facility. The new recycling plant will begin operations in 2022 and produce 20 KT of food-grade pellets per year.
Report Scope
Report Attributes | Details |
---|---|
Study Period | 2019-2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Period | 2019-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Aptar Group, Inc., RPC Group Plc, Gerresheimer AG, Amcor Limited, Albea S.A., Libo Cosmetics Company, Ltd. |
Segments Covered |
|
Customization scope | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
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