Global Cosmetics And Personal Care Packaging Equipment Market Size and Forecast 2024-2033|Wimco Ltd., Bosch Packaging Technology Inc., Ronchi Mario S p A, AMET Packaging Inc., ProSys Fill LLC

The Cosmetics And Personal Care Packaging Equipment by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Cosmetics And Personal Care Packaging Equipment, The cosmetics and personal care packaging equipment market size has grown rapidly in recent years. It will grow from $4.73 billion in 2023 to $5.22 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to rising consumer demand for personal care products, innovation in packaging designs and formats, brand differentiation and aesthetics, globalization of cosmetic brands, changing consumer lifestyles and preferences.

The cosmetics and personal care packaging equipment market size is expected to see strong growth in the next few years. It will grow to $7.61 billion in 2028 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to sustainable packaging practices, customization and personalization trends, e-commerce growth and packaging considerations, focus on packaging efficiency and speed, clean beauty movement and ingredient transparency.. Major trends in the forecast period include automation and industry 4.0, innovations in design and materials, e-commerce impact, stringent regulatory requirements, global market expansion.

Rising growth of the e-commerce industry across the globe is expected to propel the growth of the cosmetics and personnel care packing equipment market going forward. Electronic commerce, or e-commerce, is the exchange of products and services, the transferring of money or data through an electronic network, typically the Internet. The rise of e-commerce may have an impact on the packaging materials used for both single products and groups of products, and e-commerce shipping may change the product packaging from boxes to cases, so the rising growth of the e-commerce industry across the globe will propel the growth of the market. For instance, in October 2021, according to the International Trade Administration, a US-based, trade data and analysis agency in the United States Department of Commerce, global retail e-commerce sales reached $5,424 billion in 2022, from $4,831 billion in 2021, however, the e-commerce revenue is forecasted to grow with 8% by 2025. Therefore, the rising growth of the e-commerce industry across the globe is driving the growth of the cosmetics and personnel care packing equipment market.

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The cosmetics and personal care packaging equipment market covered in this report is segmented –

1) By Product: Filling, Labeling, Cleaning, Form-Fill-Seal, Cartoning, Wrapping, Palletizing

2) By Material: Plastic, Glass, Metal, Others

3) By Application: Skin Care, Hair Care, Decorative Cosmetics, Bath And Shower, Perfumes, Others

Creating vegan packaging by using biodegradable materials, is a key trend gaining popularity in the cosmetics and personnel care packing equipment market. Companies operating in the cosmetics and personnel care packing equipment market are adopting new technologies to sustain their position in the market. For instance, in November 2022, CJ Biomaterials, Inc., a US-based bioengineering company, introduced Wakeme Water Velvet Vegan Cushion, a new biodegradable cosmetic case. It is uniquely made PHA (polyhydroxyalkanoate) and PLA (polylactic acid) which improves the impact resistance and the creation of elegant shapes. It is eco-friendly packaging made using vegan cosmetic ingredients to improve the mechanical properties of PLA.

The cosmetics and personal care packaging equipment market report table of contents includes:

1. Executive Summary

2. Cosmetics And Personal Care Packaging Market Characteristics

3. Cosmetics And Personal Care Packaging Market Trends And Strategies

4. Cosmetics And Personal Care Packaging Market – Macro Economic Scenario

5. Global Cosmetics And Personal Care Packaging Market Size and Growth

26. South America Cosmetics And Personal Care Packaging Market

27. Brazil Cosmetics And Personal Care Packaging Market

28. Middle East Cosmetics And Personal Care Packaging Market

29. Africa Cosmetics And Personal Care Packaging Market

30. Cosmetics And Personal Care Packaging Market Competitive Landscape And Company Profiles

Top Major Players: