Global Cosmetics and Personal Care Packaging Equipment Market, By Product (Filling, Labeling, Cleaning, Form-Fill-Seal, Cartoning, Wrapping, Palletizing), Application (Skin Care, Hair Care, Decorative Cosmetics, Bath and Shower, Perfumes, Other Applications), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Cosmetics and personal care packaging equipment market will reach an estimated valuation of USD 6.21 million by 2028, while registering this growth at a rate of 5.40% for the forecast period of 2021 to 2028. Cosmetics and personal care packaging equipment market report analyses the growth, which is currently being growing due to the increasing development of new and innovative packaging technologies in segments such as personal care and cosmetics.
Cosmetic and personal care packaging is the packaging of beauty and health items for preserving and protecting them during storage and transport from damage or contamination. Various equipment for the packaging of cosmetic and personal care items, such as filling, marking, drying, wrapping and palletizing equipment. Overall, the cosmetic packaging industry is a growing industry with different stakeholders, such as processors, suppliers of raw materials and manufacturers of packaging.
Increasing demand for over-the-counter, economical products in emerging economies, rising consumer preferences for personalized, healthier, convenient, and affordable products, increasing focus of manufacturers on creating sustainable packaging by using biodegradable materials, rising growth of the e-commerce industry across the globe, rising awareness pertaining to the depletion of natural resources followed by regulatory, social, and tax pressures are some of major as well as vital factors which will likely to augment the growth of the cosmetics and personal care packaging equipment market in the projected timeframe of 2021-2028. On the other hand, rising adoption of artificial intelligence (AI)-enabled or fully automated filling and warehousing technologies along with customizing machinery on the basis of new regulation standards of sustainability which will further contribute by generating massive opportunities that will lead to the growth of the cosmetics and personal care packaging equipment market in the projected timeframe mentioned above.
Volatility in the prices of raw material along with rising number of government regulations regarding the applications of few ingredients which will likely to act as market restraints factor for the growth of the cosmetics and personal care packaging equipment in the above mentioned projected timeframe. Risk of counterfeit packaging for cosmetics will become the biggest and foremost challenge for the growth of the market.
This cosmetics and personal care packaging equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on cosmetics and personal care packaging equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Cosmetics and Personal Care Packaging Equipment Market Scope and Market Size
Cosmetics and personal care packaging equipment market is segmented on the basis of product and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product, the cosmetics and personal care packaging equipment market is segmented into filling, labeling, cleaning, form-fill-seal, cartoning, wrapping, and palletizing.
- Cosmetics and personal care packaging equipment market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for cosmetics and personal care packaging equipment market includes skin care, hair care, decorative cosmetics, bath and shower, perfumes, and other applications.
Cosmetics and Personal Care Packaging Equipment Market Country Level Analysis
Cosmetics and personal care packaging equipment market is analysed and market size, volume information is provided by country, product and application as referenced above.
The countries covered in the cosmetics and personal care packaging equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The U.S. dominates the North America cosmetics and personal care packaging equipment market due to the high awareness about cosmetics and personal care products along with prevalence of multinational beauty companies in the region. Europe region is expected to hold the largest growth rate due to the rapid urbanization along with increasing popularity of luxurious and single-use personal care packaging products and surging levels of investment on research and development activities in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cosmetics and Personal Care Packaging Equipment Market Share Analysis
Cosmetics and personal care packaging equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to cosmetics and personal care packaging equipment market.
The major players covered in the cosmetics and personal care packaging equipment market report are Marchesini Group S.p.A.; Reagent Chemical.; I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A.; APACKS; PackSys Global AG; by TurboFil Packaging Machines, LLC; VPack Technologies.; Zhejiang Rigao Machinery Corp., Ltd; Liquid Packaging Solutions, Inc.; Turpack Packaging Machinery; VK Engineering & Company; Filamatic; MESPACK; Bosch Limited; Accutek Packaging Equipment Company, Inc.; OPTIMA packaging group GmbH; E-PAK Machinery, Inc.; Ronchi Mario S.p.A.; Sonoco Products Company; Gerresheimer AG; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.