Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 55.97 Billion | USD 81.4 Billion | 4.25% | 2023 |
Zion Market Research has published a report on the global Cosmetic Jars Packaging Market, estimating its value at USD 55.97 Billion in 2023, with projections indicating that it will reach USD 81.4 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 4.25% over the forecast period 2024-2032. The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Cosmetic Jars Packaging industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
Packaging is the fifth ‘P’ of the marketing and it is a thriving industry with cosmetic jars packaging no exception to this. Moreover, the demand for cosmetics has resulted in growing popularity of cosmetic jars packaging and this will boost the market trends. Innovations in packaging activities and need for visually appealing packaging of cosmetic jars is likely to define the market surge. Today, the need for advertisement through various media as well as myriad tools of promotion has further augmented the business growth.
Thriving ecommerce and online shopping activities coupled with growing penetration of web in the nook & corner of the world will accentuate the market growth in the years ahead. A surge in product innovation and packaging methods will further steer the market growth over the forecast timeline. These days firms are targeting middle-class customers and this will unlock new growth avenues for the market over the forecast timeline.
Furthermore, large-scale requirement of environment friendly and green packaging techniques is likely to favorably leverage the industry growth over the forecast timespan. Adding new products to the product line by many firms has led to a bulge in the market size in the recent years.
The study provides a decisive view of the cosmetic jars packaging market by segmenting the market based on by capacity, by material, by application and by region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
By capacity type segment analysis includes below 50 ml, 50 ml - 100 ml, 100 ml - 150 ml, 150 ml - 200 ml, more than 200 ml.
By application type segment analysis includes skin care, hair care, makeup, nail care.
By material segment analysis includes plastic, metal and wood, glass.
The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Report Attributes | Report Details |
---|---|
Report Name | Cosmetic Jars Packaging Market |
Market Size in 2023 | USD 55.97 Billion |
Market Forecast in 2032 | USD 81.4 Billion |
Growth Rate | CAGR of 4.25% |
Number of Pages | 110 |
Key Companies Covered | Libo Cosmetics Company Ltd., Akey Group LLC, Bonex d.o.o., P. W. Masterchem S.J., RPC Group Plc, Gerresheimer AG, Albea SA, Quadpack Industries, HCP Packaging, and Raepak Ltd |
Segments Covered | By Capacity, By Material, By Application And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The regional market growth over the forecast timeframe is owing to massive acceptance of anti-tanning solutions and awareness about the growing signifiBelow 50 mlce of cosmetic jars packaging in the countries like Japan.
By Capacity
By Application
By Material
By Region
FrequentlyAsked Questions
Thriving ecommerce and online shopping activities coupled with growing penetration of web in the nook & corner of the world will steer the market growth over the coming years.
The CAGR of the industry is expected to be nearly over 4.25% during the forecast timeline.
Asia Pacific will contribute remarkably towards the global market share over the estimated timeline.
The key market players include Bonex d.o.o., RPC Group Plc, Gerresheimer AG, Albea SA, Quadpack Industries, Libo Cosmetics Company Ltd., P. W. Masterchem S.J., HCP Packaging, Akey Group LLC, and Raepak Ltd.
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