Bright Days Ahead for Cosmetic Packaging Industry Thanks to Nonstop Design Improvements

With unprecedented access to social media and the internet, consumers have not only become more conscious about what ingredients go into their favorite cosmetic products but are also more aware of how these products are packaged. While convenience remains the key factor brands consider while packaging products, sustainability is getting increasingly important.

The market for cosmetic packaging is thriving on the back of these factors, and more. Fortune Business Insights™ predicts the market value could hit USD 40.96 billion by 2028 with a CAGR of 4.1% during the forecast period. The market stood at USD 29.18 billion in 2020 and USD 30.98 billion in 2021.

A key role of cosmetic packaging is to market the product by drawing consumer attention. Graphical and physical aspects of designing go hand-in-hand to improve packaging appeal. Usually, paper & board packaging is used for secondary packaging and various graphical designs are used to make the packaging appealing.

Key market players have been focusing on enhancing their production capacity and leading brands have been putting efforts in R&D efforts for the development of better-quality packaging solutions.

Fortune Business Insights™ Presents Top 10 Players in the Cosmetic Packaging Industry

1. Amcor plc

Amcor plc is one of the top cosmetic packaging companies that manufactures and sells flexible packaging and customized folding cartons. The company offers personal care solutions that satisfy market and customer needs while also increasing packaging sustainability, bringing down the total cost of ownership, and differentiating the product.

May 2021: Amcor introduced new packaging bottles in association with Function of Beauty. The 100% premium-grade rPET bespoke 16- and 8-ounce bottles are created exclusively for personalized shampoos and conditioners.

2. HCP Packaging

HCP Packaging is a market pioneer in the development, production, and design of primary packaging containers for the fragrance, skincare, color cosmetics, and toiletry sectors. The company offers global production for global brands and has sizable manufacturing facilities in North America, Asia, and Europe.

May 2022: Carlyle purchased a 100% share in HCP Packaging, the top global provider of primary cosmetic packaging.

3. Berry Global

Berry Global is a Fortune 500 company that manufactures and markets plastic packaging goods globally. Its main office is in Evansville, Indiana. To assist clients in achieving their business and environmental objectives in a broader circular economy, the company offers market-leading expertise in material science and production skills.

June 2020: A new line of luxury jars for beauty and cosmetic goods called Infinity Quartz was introduced by Berry Bramlage.

4. DS Smith

DS Smith is a global innovator and producer of paper goods, recycling services, and plastic-free, sustainable packaging solutions. The company has recently seen fast growth and acquisitions in North America and Europe. One of the largest listed firms on the London Stock Exchange is the outcome of this growth.

December 2020: The sustainable packaging solution vendor DS Smith helped the French personal care giant L'Oréal optimize their e-commerce packaging in December 2020.

5. Libo Cosmetics

The Libo Cosmetics Co., Ltd., via its manufacturing facilities in Taiwan and Dongguan, China, creates effective cosmetic packaging solutions. Libo Cosmetics has developed into a medium-sized business with top-notch management and production facilities.

September 2021: Libo Cosmetics announced the debut of the Como Beauty Stick. The Como beauty stick may be recycled, reused, reformed, and reprocessed without losing any of its quality because it is constructed entirely of aluminum.

6. ALPLA Group

ALPLA is a leader in the creation of cutting-edge plastic packaging solutions. Several end-use products, including food and beverages, household cleaning products, pharmaceuticals, detergents and cleaning agents, motor oils, and lubricants, all need high-quality packaging.

December 2022: With its Canupak beauty care packaging, ALPLA introduced a carbon-optimized prototype solution that lowers carbon emissions by almost 71%.

7. Huhtamaki Oyj

Huhtamäki Oyj produces disposable containers, egg cartons, food packaging, and fruit packaging for coffee shops, restaurants, caterers, retail stores, and vending machine operators.

July 2021: Huhtamaki launched next-gen tube laminate products for the food and cosmetics industries.

8. Gerresheimer AG

Gerresheimer AG produces primary packaging products for medication & drug delivery devices. These are constructed of plastic and special-purpose glass. Düsseldorf is home to a German factory serving the pharmaceutical and cosmetics sectors.

October 2021: Gerresheimer began offering tubular glass packaging options. Little packaging units like high-potency serums and scent samplers or vials for product miniatures are examples of packaging solutions.

9. Sonoco Products Company

Sonoco Products Company was established in 1899. It is a global supplier of industrial goods, protective packaging, consumer packaging, and supply chains of packaging services with a presence in the U.S. Moreover, it is the largest producer of cores, tubes, and composite cans worldwide.

October 2021: Sonoco showcased the potential of its Vegetop® sprinkler at the 2021 NatExpo. The business displayed the usefulness of its brand-new EnviroStickTM for the beauty market and Greencan® solution as well as the environmental advantages of both.

10. AptarGroup Inc.

AptarGroup, Inc. is a leading U.S.-based maker of medicine delivery devices and consumer dispensing containers. It operates factories in 18 different nations. Customers' happiness and contentment are increased by the business' high-quality, cutting-edge dispensing solutions for cosmetics, skincare, and fragrance.

March 2020: Aptar announced certified recycled plastic packaging for cosmetics. The business created the first recycled plastic beauty packaging in the world that was recognized by the International Sustainability and Carbon Certification (ISCC).

How the Cosmetic Packaging Industry Will Fare Amid Rising Digital Transformation

The number of consumers preferring cosmetics with organic, healthier, and eco-friendly components is increasing. While cosmetics companies create better products, they also cleverly market their goods with creative packaging to draw in a growing number of customers.

As more consumers become aware of the many items offered in the market through social media and online channels, digital transformation is offering profitable opportunities. Rapid digital change has increased competitiveness in the specialized and customized cosmetic packaging market. To increase their market presence and obtain a competitive advantage over more established brands, emerging cosmetic brands are implementing novel packaging options.