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The global cosmetics packaging market will reach 223.5 billion yuan in 2024. Which packaging material is the most popular?

The global cosmetics packaging market will reach 223.5 billion yuan in 2024. Which packaging material is the most popular?

  • Categories:Industry News
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  • Time of issue:2021-12-16 17:15
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(Summary description)The latest data show that in 2024, the cosmetics packaging market will reach 223.5 billion yuan. Among them, plastic is still the first choice, and the use of paper and wood is showing an upward trend. Recently, the world-renowned market research company Transparency Market Research (TransparencyMarketResearch) released the latest cosmetic packaging market data. Data show that by 2024, the global cosmetics packaging industry is expected to reach 33 billion U.S. dollars (approximately RMB 223.5 billion). It is understood that the overall valuation of the global cosmetics packaging industry in 2015 was 23 billion U.S. dollars (approximately RMB 115.6 billion). The latest research shows that from 2014 to 2024, the industry’s compound annual growth rate will stabilize at 4.4%. Among them, there are more and more beauty consumers in emerging markets such as the Asia-Pacific region, the Middle East and Latin America, which are considered to be the main driving force for the growth of the packaging industry. A domestic brand engineer told the reporter of "Cosmetics Finance Online" that according to his understanding, the Asia-Pacific region is the main source of income for the cosmetics packaging market. In 2016, this region accounted for 32.5% of the global cosmetic packaging market, and it is expected to maintain this growth rate in the next few years. Transparency market research said that as more and more young people gradually urbanize, obtaining more disposable income is also one of the driving forces of growth. The analysis pointed out: "Packaging innovation may have a greater impact on young people, and this group of people happens to be the main target group of most cosmetics companies." In addition, studies have shown that plastics are still expected to be the first choice for cosmetic packaging in the future; however, due to the increasing application of glass in high-end products, it will also occupy an "important share"; environmental protection is a hot topic in recent years, packaging paper and The use of wood will also show an upward trend.

The global cosmetics packaging market will reach 223.5 billion yuan in 2024. Which packaging material is the most popular?

(Summary description)The latest data show that in 2024, the cosmetics packaging market will reach 223.5 billion yuan. Among them, plastic is still the first choice, and the use of paper and wood is showing an upward trend.



Recently, the world-renowned market research company Transparency Market Research (TransparencyMarketResearch) released the latest cosmetic packaging market data. Data show that by 2024, the global cosmetics packaging industry is expected to reach 33 billion U.S. dollars (approximately RMB 223.5 billion).



It is understood that the overall valuation of the global cosmetics packaging industry in 2015 was 23 billion U.S. dollars (approximately RMB 115.6 billion). The latest research shows that from 2014 to 2024, the industry’s compound annual growth rate will stabilize at 4.4%. Among them, there are more and more beauty consumers in emerging markets such as the Asia-Pacific region, the Middle East and Latin America, which are considered to be the main driving force for the growth of the packaging industry.



A domestic brand engineer told the reporter of "Cosmetics Finance Online" that according to his understanding, the Asia-Pacific region is the main source of income for the cosmetics packaging market. In 2016, this region accounted for 32.5% of the global cosmetic packaging market, and it is expected to maintain this growth rate in the next few years.



Transparency market research said that as more and more young people gradually urbanize, obtaining more disposable income is also one of the driving forces of growth. The analysis pointed out: "Packaging innovation may have a greater impact on young people, and this group of people happens to be the main target group of most cosmetics companies."



In addition, studies have shown that plastics are still expected to be the first choice for cosmetic packaging in the future; however, due to the increasing application of glass in high-end products, it will also occupy an "important share"; environmental protection is a hot topic in recent years, packaging paper and The use of wood will also show an upward trend.

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2021-12-16 17:15
  • Views:
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The latest data show that in 2024, the cosmetics packaging market will reach 223.5 billion yuan. Among them, plastic is still the first choice, and the use of paper and wood is showing an upward trend.

Recently, the world-renowned market research company Transparency Market Research (TransparencyMarketResearch) released the latest cosmetic packaging market data. Data show that by 2024, the global cosmetics packaging industry is expected to reach 33 billion U.S. dollars (approximately RMB 223.5 billion).

It is understood that the overall valuation of the global cosmetics packaging industry in 2015 was 23 billion U.S. dollars (approximately RMB 115.6 billion). The latest research shows that from 2014 to 2024, the industry’s compound annual growth rate will stabilize at 4.4%. Among them, there are more and more beauty consumers in emerging markets such as the Asia-Pacific region, the Middle East and Latin America, which are considered to be the main driving force for the growth of the packaging industry.

A domestic brand engineer told the reporter of "Cosmetics Finance Online" that according to his understanding, the Asia-Pacific region is the main source of income for the cosmetics packaging market. In 2016, this region accounted for 32.5% of the global cosmetic packaging market, and it is expected to maintain this growth rate in the next few years.

Transparency market research said that as more and more young people gradually urbanize, obtaining more disposable income is also one of the driving forces of growth. The analysis pointed out: "Packaging innovation may have a greater impact on young people, and this group of people happens to be the main target group of most cosmetics companies."

In addition, studies have shown that plastics are still expected to be the first choice for cosmetic packaging in the future; however, due to the increasing application of glass in high-end products, it will also occupy an "important share"; environmental protection is a hot topic in recent years, packaging paper and The use of wood will also show an upward trend.

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