Asia Pacific Cosmetic Packaging Market

Asia Pacific Cosmetic Packaging Market by Material Type (Plastic, Glass, Metal, Paper), Product Type (Plastic Bottles and Containers, Glass Bottles and Containers, Metal Containers, Folding Cartons, Corrugated Boxes, Tubes and Sticks, Caps and Closures, Pump and Dispenser, Droppers, Ampoules, Flexible Plastic Packaging), Cosmetic Type (Hair Care, Color Cosmetics, Skin Care, Men's Grooming, Deodorants) and Geography (China, India, Japan, Australia, South Korea, Indonesia, Thailand and Rest of Asia Pacific) -Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: MC-1001
  • Author: Growth Market Reports
  • Rating: 4.7
  • Total Reviews: 2
  • No. Of Pages: 169
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Asia Pacific cosmetic packaging market size is estimated to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to innovative package designs, changing style of packaging, and increasing demand for cosmetics owing to the growing youth population.

The cosmetic industry is driven by rising engaged customer base economies such as India, Japan, China, and Indonesia. Moreover, factors such as cosmetic products based on affordability, increasing beauty consciousness in the consumers, and e-retailing are boosting the market.

Asia Pacific Cosmetic Packaging Market Key Takeaways

Consumer spending on cosmetics in the region continues to expand, facilitates the trend toward adopting packaged, processed, and expensive products. Decorative and skincare cosmetics are growing steadily, with medical skincare and facial care observing a rapid demand. Furthermore, growth potential is also provided by anti-aging products and those intended to protect against environmental pollution.

The Covid-19 pandemic had an unpleasant impact on the cosmetic packaging market. The companies moved to source away from China and reconsidering the raw materials that are used in packaging and suffered significant loss; however, the government’s steps and strategies have helped to neutralised the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing demand for cosmetics owing to shifting trends of grooming among both gender types is expected to boost the market in the forecast period.
  • Innovation in packaging is the key factor for attracting consumers, thereby; increasing new entrants in the cosmetic industry is impacting the overall expansion of the packaging industry in the near future.
  • Emerging economies with increasing disposable income and changing lifestyles is estimated to propel the demand of cosmetics and aid in growth of Asia Pacific cosmetic packaging market.
  • Growing e-commerce and internet penetration in rural as well as urban areas is projected to fuel the market growth in coming years.
  • The introduction of eco-friendly and sustainable packaging has caused upsurge demand and enormous opportunities for cosmetics packaging industry
  • R&D investment and technological advancement in cosmetic packaging market are expected to offer lucrative opportunities for the market players.

Scope of the Report

The report on the Asia Pacific cosmetic packaging market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Cosmetic Packaging Market - Asia Pacific Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Material Type (Plastic, Glass, Metal and Paper), Product Type (Plastic Bottles and Containers, Glass Bottles and Containers, Metal Containers, Folding Cartons, Corrugated Boxes, Tubes and Sticks, Caps and Closures, Pump and Dispenser, Droppers, Ampoules and Flexible Plastic Packaging), Cosmetic Type (Hair Care, Color Cosmetics, Skin Care and Men's Grooming, Deodorants)

Geography

China, India, Japan, Australia, South Korea, Indonesia, Thailand and Rest of Asia Pacific

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Amcor PLC, Albea Group, Cosmopak Corporation, Hcp Packaging Co.Ltd. And AptarGroup Inc.


Market Segment insights

The plastic segment is projected to constitute a large market share
Based on material type, the Asia Pacific cosmetic packaging market is segregated into plastic, glass, metal and paper. The Plastic segment is expected to account for a key share of the market during the forecast period owing to its wide application and low-cost properties. In order to pack the product into small units, companies prefer plastic as a packaging material, thus fueling the segment growth. However, paper segment is anticipated to expand at a rapid pace during the forecast period due to its wide application in the market and growing trend of eco-friendly packaging.

Asia Pacific Cosmetic Packaging Market By Types

Plastic bottles and containers segment is expected to register a substantial CAGR
Based on product type, the Asia Pacific cosmetic packaging market is divided into plastic bottles and containers, glass bottles and containers, metal containers, folding cartons, corrugated boxes, tubes and sticks, caps and closures, pump and dispenser, droppers, ampoules and flexible plastic packaging. The plastic bottles and containers segment accounts for a key share of the market and is estimated to propel even further over the forecast period owing to its significant and versatile properties and low cast incurred by the manufacturers.

Skin care segment is expected to grow at a robust pace
Based on cosmetic type, the Asia Pacific cosmetic packaging market is segregated into hair care, color cosmetics, skin care, men's grooming and deodorants. The skin care segment is expected to grow at a rapid pace due to rising awareness about the natural products for skin, which have no adverse effect and are beneficial for skin and ecommerce and advertisement of skin care products.

China is expected to dominate the market
In terms of geography, the market is broadly classified as China, India, Japan, Australia, South Korea, Indonesia, Thailand and Rest of Asia Pacific. China is anticipated to expand at a robust CAGR during the forecast period. Introduction of different varieties of the product and growing adoption by the consumers due to increasing awareness about different benefits such as anti-tanning solution has driven the market in the region are anticipated to boost the market growth over the coming years.

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cosmetic Packaging Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Cosmetic Packaging Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Cosmetic Packaging Market - Supply Chain
  4.5. Global Cosmetic Packaging Market Forecast
     4.5.1. Cosmetic Packaging Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Cosmetic Packaging Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Cosmetic Packaging Market Absolute $ Opportunity
5. Global Cosmetic Packaging Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Cosmetic Packaging Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Cosmetic Packaging Demand Share Forecast, 2019-2026
6. North America Cosmetic Packaging Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Cosmetic Packaging Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Cosmetic Packaging Demand Share Forecast, 2019-2026
7. Latin America Cosmetic Packaging Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Cosmetic Packaging Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Cosmetic Packaging Demand Share Forecast, 2019-2026
8. Europe Cosmetic Packaging Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Cosmetic Packaging Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Cosmetic Packaging Demand Share Forecast, 2019-2026
9. Asia Pacific Cosmetic Packaging Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Cosmetic Packaging Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Cosmetic Packaging Demand Share Forecast, 2019-2026
10. Middle East & Africa Cosmetic Packaging Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Cosmetic Packaging Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Cosmetic Packaging Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Cosmetic Packaging Market: Market Share Analysis
  11.2. Cosmetic Packaging Distributors and Customers
  11.3. Cosmetic Packaging Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Amcor PLC Albéa Group Cosmopak Corporation Hcp Packaging Co., Ltd. AptarGroup Inc.
Segments Covered in the Report
The Asia Pacific cosmetic packaging market has been segmented on the basis of:-

Material Type
  • Plastic
  • Glass
  • Metal
  • Paper
Product Type
  • Plastic Bottles and Containers
  • Glass Bottles and Containers
  • Metal Containers
  • Folding Cartons
  • Corrugated Boxes
  • Tubes and Sticks
  • Caps and Closures
  • Pump and Dispenser
  • Droppers
  • Ampoules
  • Flexible Plastic Packaging
Cosmetic Type
  • Hair Care
  • Color Cosmetics
  • Skin Care
  • Men's Grooming
  • Deodorants
Regions
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Indonesia
  • Thailand
  • Rest of Asia Pacific
Key Companies
  • Amcor PLC
  • Albéa Group
  • Cosmopak Corporation
  • Hcp Packaging Co., Ltd.
  • AptarGroup Inc.

Key players competing in the Asia Pacific cosmetic packaging market include Amcor PLC, Albea Group, Cosmopak Corporation, Hcp Packaging Co.Ltd. And AptarGroup Inc.

Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares. For instances,

  • In January 2021 - Aptar progresses market-first airless roll-on capsule for LightinDerm Skincare device, the LightinDerm skincare device uses three types of regenerative light to transform and activate photo-active serums and provoke deep skin regeneration and rejuvenation when applied.

  • In March 2020, Libo Cosmetics Company LTD released the new packaging specific for lipsticks with fresh summer colours. Those are high-quality aluminium cases in five texture, shiny, matt, pearl anodization, and brushed aluminium with various decoration options like hot stamping, silk screening, laser engraving, debossing and embossing etc.

  • In January 2020, Yoshida Cosmeworks Co Ltd, based in Japan, began the production of cosmetic containers using 100% recycled plastic materials, through five years of research work with raw material manufacturers regarding material safety and molding stability.

    Asia Pacific Cosmetic Packaging Market By Key Players

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