The global cosmetics packaging market will reach 223.5 billion yuan in 2024. Which type of packaging material is the most popular?
Release time:
2022-08-19
The latest data shows that by 2024, the cosmetics packaging market will reach 223.5 billion yuan. Among them, plastic remains the preferred choice, while the use of paper and wood is on the rise. Recently, the globally renowned market research company Transparency Market Research released the latest data on the cosmetics packaging market. The data indicates that by 2024, the global cosmetics packaging industry is expected to reach 33 billion USD (approximately 223.5 billion yuan). It is understood that the overall valuation of the global cosmetics packaging industry was 23 billion USD (approximately 115.6 billion yuan) in 2015. The latest research shows that from 2014 to 2024, the industry's annual compound growth rate will stabilize at 4.4%. Among them, emerging markets such as Asia-Pacific, the Middle East, and Latin America are seeing an increasing number of beauty consumers and are considered major drivers of growth in the packaging industry. An engineer from a domestic brand told Cosmetics Finance Online that according to their understanding, the Asia-Pacific region is a major source of revenue for the cosmetics packaging market. In 2016, this region accounted for 32.5% of the global cosmetics packaging market and is expected to maintain this growth rate in the coming years. Transparency Market Research also stated that as more young people gradually urbanize and gain more disposable income, this is also one of the driving forces for growth. The analysis pointed out: "Packaging innovation may have a greater impact on young people, who happen to be a primary target group for most cosmetics companies." In addition, research shows that plastic is still expected to be a choice in future cosmetics packaging; however, due to its increasing application in high-end products, glass will also occupy an "important share"; environmental protection has been a hot topic in recent years, and the use of paper and wood in packaging will also show an upward trend.
The latest data shows that by 2024, the cosmetics packaging market will reach 223.5 billion yuan. Among them, plastic remains the first choice, while the use of paper and wood is on the rise.
Recently, the globally renowned market research company Transparency Market Research released the latest data on the cosmetics packaging market. The data indicates that by 2024, the global cosmetics packaging industry is expected to reach 33 billion USD (approximately 223.5 billion yuan).
It is understood that the overall valuation of the global cosmetics packaging industry was 23 billion USD (approximately 115.6 billion yuan) in 2015. The latest research shows that from 2014 to 2024, the industry's annual compound growth rate will stabilize at 4.4%. Among them, emerging markets such as Asia-Pacific, the Middle East, and Latin America are seeing an increasing number of beauty consumers and are considered major drivers of growth in the packaging industry.
An engineer from a domestic brand told reporters from Cosmetics Finance Online that according to their understanding, the Asia-Pacific region is a major source of revenue for the cosmetics packaging market. In 2016, this region accounted for 32.5% of the global cosmetics packaging market and is expected to maintain this growth rate in the coming years.
Transparency Market Research stated that as more young people gradually urbanize and gain more disposable income, this is also one of the driving forces for growth. The analysis pointed out: "Packaging innovation may have a greater impact on young people, who happen to be a major target group for most cosmetics companies."
In addition, research shows that plastic is still expected to be a choice in future cosmetics packaging; however, due to its increasing application in high-end products, glass will also occupy an "important share"; environmental protection has been a hot topic in recent years, and the use of paper and wood in packaging will also show an upward trend.
Related News
Unlocking the Secrets of Makeup Collection Sets: A Guide to Packaging Solutions
When it comes to makeup collection sets, packaging plays a crucial role in both functionality and aesthetics. These sets typically include a variety of cosmetics, such as lipsticks, eyeshadows, blushes, and more, all designed to cater to diverse beauty needs. However, the way these products are packaged can significantly impact their marketability and usability. One of the primary considerations i
2025-12-05
Unlock Your Beauty: The Ultimate All Makeup Kit for Every Occasion
Unlock Your Beauty: The Ultimate All Makeup Kit for Every Occasion Table of Contents 1. Introduction: The Importance of a Versatile Makeup Kit 2. Essential Products in Your All Makeup Kit 3. Finding the Perfect Foundation for All Skin Types 4. Versatile Eyeshadow Palettes: A Must-Have 5. The Ultimate Lip Products for Any Occasion 6. Essential Makeup Tools for Flawless Application 7. Expert Applic
2025-11-25
The Ultimate Guide to All Makeup Kits: Discover Versatile Packaging Solutions
When it comes to all makeup kits, one crucial aspect that should not be overlooked is the packaging. The right packaging not only protects the contents but also plays a significant role in branding and user experience. In the cosmetics industry, where presentation matters as much as product quality, choosing the appropriate plastic packaging containers is essential. All makeup kits typically inclu
2025-11-15
Why Cosmetic Set Packaging is Essential for Your Brand's Success
Why Cosmetic Set Packaging is Essential for Your Brand's Success Cosmetic packaging plays a pivotal role in defining a brand’s identity and achieving long-term success in the competitive beauty industry. In an era where consumers are overwhelmed with choices, the packaging becomes not just a protective layer but a powerful marketing tool. This article delves into the significance of cosmetic set p
2025-11-05
Innovative Cosmetic Set Packaging Solutions for the Chemical and Plastic Industry
In the highly competitive world of cosmetics, the packaging of products plays a pivotal role not just in attracting consumers, but also in preserving product integrity and ensuring safety during transportation and usage. Cosmetic set packaging encompasses a variety of materials and designs tailored to enhance user experience while fulfilling regulatory requirements. As a professional in the chemic
2025-10-26
Why Custom Lipstick Tubes Matter for Your Brand's Image
Why Custom Lipstick Tubes Matter for Your Brand's Image Table of Contents Introduction: The Power of Packaging in Cosmetics The Role of Custom Lipstick Tubes in Brand Identity Design and Aesthetic Appeal: Crafting a Visual Narrative Consumer Experience and Functionality: Beyond Aesthetics Sustainability in Packaging: Eco-Friendly Considerations Marketing and Brand Awarenes
2025-10-16
About Us
Talent Recruitment
Blog
Contact Us
QR CODE
National Service Hotline:
+86-0754-88101592
Address: 113 Dike Protection Road, jinping district, Shantou City
Tel: +86-0754-88101592
Fax:+86-0754-88101592
Mobile phone: +8613502971609 Mr. Li
E-mail: 545087435@qq.com
Website: www.stxysj.cn
Copyright © Shantou Xieying Plastic Co., Ltd Powered by 300.cn Privacy Policy SEO TAG
