The global eye cosmetic packaging market is poised for substantial growth, fueled by increasing demand for innovative and durable packaging solutions in the cosmetics industry. According to industry projections, the market is set to achieve a valuation of US$ 1.6 billion in 2022, with expectations of further expansion at a compound annual growth rate (CAGR) of 4.6% to reach US$ 2.4 billion by 2032. The sales of eye cosmetic packaging bottles, particularly in the plastic segment, are anticipated to bolster, with the top three countries estimated to hold around 25-30% of the market share by the end of 2022.
Plastic remains the leading material segment among other materials used for eye cosmetics packaging, driven by its easy availability and a range of benefits offered to manufacturers and consumers alike. Plastic eye cosmetic packaging is favored for its enhanced shelf-life, durability, cost-effectiveness, and other desirable attributes, making it a preferred choice for cosmetics manufacturers worldwide.
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Key Players
Some key players of eye cosmetic packaging market are
- Amcor Limited,
- HCP Packaging,
- Cosmopak, 3C Inc,
- Alpha Packaging,
- Color Carton Corporation,
- ChingFon Industrial Co., LTD,
- Anomatic,
- Arcade Beauty,
- APC Packaging,
- Epopack Co., Ltd,
- AptarGroup,
- Libo Cosmetics Co., Ltd,
- Quadpack Group.
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Eye Cosmetic Packaging Market: Regional Outlook
North America region is expected to lead the eye cosmetic packaging market over the forecast period due to its large consumer base for eye cosmetic. APEJ and Latin America region is expected to deliver rapid growth for the eye cosmetic packaging market over the forecast period owing to the densely populated areas within the region and the rise of the disposable income especially in the emerging economies such as China, India, and Brazil.
The growth of the eye cosmetic packaging market in the Eastern & Western Europe is expected to be sluggish over the forecast period.
What Augment the Demand for Eye Cosmetic Packaging in the U.S.?
The U.S. eye cosmetic packaging market is anticipated to expand 1.6 times the current market value during the forecast period. According to Cosmetic Europe – the Personal Care Association, the retail sales price of the U.S. cosmetic and personal care market accounted for US$ 94 Bn in 2021. The expanding cosmetic and personal care industry in the U.S. is estimated to augment the demand for eye cosmetic packaging.
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Eye Cosmetic Packaging Market by Category
By Material:
- Plastic
- Glass
- Paper & Paperboard
- Metal
By Product Type:
- Bottles
- Jars
- Tubes
- Boxes
- Others (Dispenser Pumps, Stick Pen, etc.)
By Distribution Channel:
- Online
- Offline
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
Author:
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
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