The global skincare packaging market is analysed by Transparency Market Research to find opportunities and analyse future trends. The report titled “Skincare Packaging Market: Global Industry Analysis, 2013 – 2018 and Opportunity Assessment, 2019 – 2027” states that the increased premiumization of skincare products and advancement in printing technology is propelling the growth of global skincare packaging market. The global skincare packaging market is projected to expand at a CAGR of 4.8% throughout the forecast period and is anticipated to be valued at around US$ 13.8 Bn by the end of 2018.
The Demand for Anti-Aging Products Will Boost the Growth of the Skincare Packaging Market
Global hair care and skin care industries have witnessed strong growth over the past decade. Anti-aging creams, shampoos, and hair conditioners are some of the products driving the cosmetics demand. FMCG manufacturers in hair care and skin care segments are using laminated tubes as an effective skincare packaging solution instead of traditional plastic tubes. Laminated tubes not only provides an appealing look, but also imparts high barrier protection to the cosmetic products. Factors such as aging population, rising urban population, and increasing expenditure on beauty products are expected to fuel the growth of anti-aging products, and subsequently drive the demand for skincare packaging solutions during the period 2019 to 2027.
Unique Skincare Packaging designs to differentiate the Brands of Cosmetics Products
Packaging is a silent salesman. Initially, packaging was just used for protection, storage, and convenient transportation of goods. Today, packaging is the major differentiating factor for skincare brands. Eye-catching designs and appealing graphic decoration on skincare packaging products such as jars, bottles, and tubes are propelling cosmetics sales. Skincare packaging help customers understand the product, its contents, and difference from competitor products.
Advancements in Material and Printing Technology Play a Vital Role in Skincare Packaging Market
3-D printing technology is driving the global skincare packaging sales. Advanced and most trending printing technologies such as hot-stamp foil printing and flexo-offset printing are enabling manufacturers to offer innovative and eye-catching skincare packaging for their cosmetic brands. Development in packaging materials and printing technologies have opened up various design trends for skincare packaging. Skincare packaging manufacturers prefer polypropylene films for premium skincare packaging owing to its high printability and enabling better packaging decoration.
Rising Demand for Airless Skincare Packaging
Airless skincare packaging is gaining traction across cosmetic manufacturers, as it prevents excessive exposure of the product to air and increases its shelf life. Also, the double wall of airless skincare packaging provides extra protection. Moreover, the low cost of production for skincare packaging is one of the key reasons that are attributed to influence cosmetic product manufacturers to adopt airless skincare packaging solutions.
Global Skincare Packaging Market Volume is projected to Expand by 1.5X from 2018 to 2027
In the global skincare packaging market report, key players from different geographical regions with research and development, high production, and supply channel facility are profiled. Company overview, strategies to compete in the market, product lines, company revenue, and segmental share of key players in the skincare packaging market are evaluated in the competitive landscape. The key manufacturers operating in the global skincare packaging market include The Packaging Company, Swallowfield Plc, Smurfit Kappa Group PLC, Saverglass sas, RPC Group Plc, Rise Cosmetic Packaging Co., Ltd., Quadpack Ltd., Libo Cosmetics Company, Ltd., HCT Group, HCP Packaging, Gerresheimer AG, Fusion Packaging, Essel Propack Ltd., Coverpla S.A., Aptar Group, Inc., Amcor Limited, Alovey Cosmetic Packaging Co. Ltd., Albea S.A., and ABC Packaging Ltd.
In Transparency Market Research’s global skincare packaging market report, we have analysed the strategies of the key players. A competition dashboard of significant key players is provided in the global skincare packaging market report. Tier structure analysis of the skincare packaging market provides the contribution in the global market revenue of market players distributed among three tiers.
Developments in the Global Skincare Packaging Market
- In 2018, Virsopack, a skincare packaging product manufacturer, introduced dispensing droppers for cosmetic products with a patented system of magnetic sealing.
- In March 2018, skincare packaging manufacturer RPC Group PLC acquired its German packaging peer Nordfolien GmBH for EUR 75.0 million. Nordfolien operates from two sites in Germany and Poland that also include in-house recycling capabilities
- In February 2018, Amcor launched bottles for hand soap, which are produced on a proprietary Amcor-built machine powered by LiquiForm technology. This machine will help Amcor speed up the production of skincare packaging.
- In January 2017, Saverglass sas launched its unique collection of bottles for skincare packaging with an aesthetic and functional design.
- In July 2016, Essel Propack Ltd. opened a new plant in Cali, Colombia. This initiative is expected to produce a capacity of 180 million tubes a year and expand Essel’s ability to make plastic barrier laminated tubes in the Andean region and Latin America.
In this report, Transparency Market Research offers an 8-year forecast for the global skincare packaging market between 2019 and 2027. In terms of value, the global skincare packaging market is expected to expand at a CAGR of 4.8% during 2019-2027. The study reveals the skincare packaging market dynamics in five geographic segments along with a market analysis for the current market environment and future scenario over the forecast period of the global skincare packaging market.
Skincare Packaging Market: Report Description
The global skincare packaging market report begins with the macroeconomic indicators and packaging industry outlook. It also includes the global value and volume for the duration 2013 - 2018 and 2019 - 2027. The Y-o-Y is also provided for a better understanding of the market, which is further explained by the graphical representation of the global skincare packaging market. It is followed by market dynamics and an overview of the global skincare packaging market, which includes TMR analysis of market drivers, restraints, opportunity analysis, and trends that are affecting the growth of the skincare packaging market.
The global market for skincare packaging is further segmented as per material type, skincare product type, and packaging type. On the basis of material type, the global market for skincare packaging is segmented into glass, metal, paper, plastic, and others. On the basis of skincare product type, the global market for skincare packaging is segmented into hand care, depilatories, make-up remover, sun care, body care, and facial care. On the basis of packaging type, the global market for skincare packaging is segmented into jars, tubes, bottles, pumps & dispensers, sachets, and others.
The next section of the report highlights the USPs of skincare packaging and provides information about raw material manufacturers, skincare packaging manufacturers, distributors, and suppliers in the market. Each section in the value chain includes some of the listed examples for a better understanding of the whole supply chain along with a profitability margin validated by the primary interviews taken by Transparency Market Research. Another section in the skincare packaging market report includes data about key participants and is titled as intensity mapping analysis. This point includes information about key players in the skincare packaging market, along with their presence in North America, Latin America, Europe, the Asia Pacific, and Middle East & Africa. Porter’s Analysis is another added point in the skincare packaging market report which dictates how the number of manufacturers affects the whole market scenario. Basically, Porter’s Analysis covers level of bargaining power of supplier, bargaining power of buyers, threat of new entrants, threat of substitutes, and rivalry among all the competitors listed. This analysis shows how manufacturers should prepare before entering a whole new market. A pricing analysis is provided in the report in accordance with different regions and capacity-type segments. The prices for all capacity type segments in all regions including North America, Latin America, MEA, APAC, and Europe are provided. The USPs of the report also include a parent/associated market outlook, which is analyzed by Transparency Market Research.
The next section of the report highlights the skincare packaging market, by region, and provides the market outlook for 2018–2027. The study investigates the Y-o-Y growth regionally, as well as analyses the drivers that influence the regional skincare packaging market. Main regions assessed in this report include North America, Latin America, Europe, the Asia Pacific, and the Middle East & Africa (MEA). The report (global skincare packaging market) evaluates the present scenario and growth prospects of the regional skincare packaging market for 2018–2027.
To ascertain the skincare packaging market size in terms of value and volume, the revenue generated by the key manufacturers and their respective production capacity is taken into consideration. The forecast presented here assesses the total revenue generated by value, across the skincare packaging market. In order to provide an accurate forecast of the skincare packaging market, we initiated by sizing up the current market, which forms the basis of how the skincare packaging market is expected to develop in the future.
In the final section of the report on the skincare packaging market, a ‘dashboard view’ of the companies is provided, to compare the current industrial scenario and its contribution to the total skincare packaging market. Moreover, it is primarily designed to provide clients with an objective and detailed comparative assessment of key providers in the skincare packaging market specific to a market segment. Report audiences can gain segment-specific manufacturer insights to identify and evaluate key competitors based on an in-depth assessment of their capabilities and success in the skincare packaging marketplace.
Detailed profiles of companies are also included in the global skincare packaging market report to evaluate their strategies, key product offerings, and recent developments. The key players operating in the global skincare packaging market are Aptar Group, Inc., RPC Group Plc, Gerresheimer AG, Amcor Limited, Libo Cosmetics Company, Ltd., Quadpack Industries, Fusion Packaging, HCP Packaging, ABC Packaging Ltd., Swallowfield Plc, Saverglass sas, Essel Propack Ltd., Albea S.A., Quadpack Ltd, Coverpla S.A., The Packaging Company, Smurfit Kappa Group PLC, Alovey Cosmetic Packaging Co. Ltd., HCT Group, and Rise Cosmetic Packaging Co., Ltd.
Skincare Packaging Market: Key Segments Covered
By packaging type, the global skincare packaging market is segmented into:
- Pumps & Dispensers
By material type, the global skincare packaging market is segmented into:
- Other Materials
By product type, the global skincare packaging market is segmented into:
- Hand Care
- Make-up Remover
- Sun Care
- Body Care
- Facial Care
By region, the global skincare packaging market is segmented into:
- North America
- Latin America
- Rest of Latin America
- Rest Of Europe
- Middle East & Africa
- GCC Countries
- South Africa
- North Africa
- Rest of MEA
- Asia Pacific
- Australia & New Zealand
- Rest of APAC