Skincare Packaging Market Trends and Forecast
The future of the global skincare packaging market looks promising with opportunities in the facial care, body care, and hand care markets. The global skincare packaging market is expected to grow with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are increasing disposable income and changing consumer preferences towards premium and luxury skincare products, significant shift towards sustainable packaging solutions in the skincare industry, and rising trend towards personalized skincare solutions.
• Lucintel forecasts that plastic is expected to witness the higher growth over the forecast period.
• Within this market, facial care is expected to witness the highest growth.
• APAC is expected to witness highest growth over the forecast period.
United States – Leading skincare brands announced initiatives to transition towards sustainable packaging materials, aligning with government targets to reduce plastic waste. Some companies introduced refillable packaging options to meet sustainability goals.
Japan – Skincare packaging companies collaborated with government initiatives to develop packaging solutions using biodegradable materials, supporting national targets for environmental conservation. Leading cosmetic brands set targets to achieve zero-waste packaging by investing in innovative recyclable materials.
Germany – Skincare packaging manufacturers introduced smart packaging solutions embedded with NFC technology for enhanced product traceability and authentication, meeting government regulations on product labeling and consumer safety. Companies aim to achieve circular economy goals by promoting reusable and recyclable packaging options.
Brazil – Skincare brands partnered with government campaigns to promote eco-friendly packaging options, aiming to reduce carbon footprint and plastic pollution. Companies set targets to increase the use of biodegradable materials in packaging and comply with government regulations on sustainable practices.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Skincare Packaging by Segment
The study includes a forecast for the global skincare packaging by type, application, and region.
Skincare Packaging Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Plastic
• Glass
• Others
Skincare Packaging Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Facial Care
• Body Care
• Hand Care
• Others
Skincare Packaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Skincare Packaging Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies skincare packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the skincare packaging companies profiled in this report include-
• Silgan Holding
• Heinz
• HCP
• Vitro Packaging
• Heinz-Glas
• Gerresheimer
• Piramal Glass
Recent Development in the Skincare Packaging Market
LuxePackaging Innovations: Introduced a series of sustainable skincare packaging solutions made from biodegradable materials, aiming to reduce environmental impact and meet consumer demand for eco-friendly products.
SmartPack Solutions: Launched smart packaging technology integrated with RFID tags for skincare products, enabling real-time tracking of product usage and expiration dates, enhancing consumer convenience and safety.
EcoBeauty Packaging: Collaborated with skincare brands to develop refillable packaging options for popular products, promoting sustainability and reducing plastic waste in the beauty industry.
BioPack Inc.: Unveiled bio-based packaging made from renewable sources for skincare products, providing an eco-friendly alternative to traditional plastic packaging and supporting the shift towards sustainable practices in the beauty sector.
Features of the Global Skincare Packaging Market
Market Size Estimates: Skincare packaging market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Skincare packaging market size by type, application, and region in terms of value ($B).
Regional Analysis: Skincare packaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the skincare packaging market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the skincare packaging market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for skincare packaging market?
Answer: The global skincare packaging market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the skincare packaging market?
Answer: The major drivers for this market are increasing consumer demand for skincare products, rising awareness about environmental concerns and shift towards premiumization in the skincare industry.
Q3. What are the major segments for skincare packaging market?
Answer: The future of the skincare packaging market looks promising with opportunities in the facial care, body care, and hand care markets.
Q4. Who are the key skincare packaging market companies?
Answer: Some of the key skincare packaging companies are as follows:
• Silgan Holding
• Heinz
• HCP
• Vitro Packaging
• Heinz-Glas
• Gerresheimer
• Piramal Glass
Q5. Which skincare packaging market segment will be the largest in future?
Answer: Lucintel forecasts that plastic is expected to witness the higher growth over the forecast period.
Q6. In skincare packaging market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the skincare packaging market by type (plastic, glass, and others), application (facial care, body care, hand care, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Skincare Packaging Market Market, Skincare Packaging Market Market Size, Skincare Packaging Market Market Growth, Skincare Packaging Market Market Analysis, Skincare Packaging Market Market Report, Skincare Packaging Market Market Share, Skincare Packaging Market Market Trends, Skincare Packaging Market Market Forecast, Skincare Packaging Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.