Cosmetic and Personal Care Packaging Equipment Market Size - Global Industry, Share, Analysis, Trends and Forecast 2024 - 2032

Cosmetic and Personal Care Packaging Equipment Market Highlights

• Global cosmetic and personal care packaging equipment market revenue is poised to garner USD 7.4 billion by 2032 with a CAGR of 5.5% from 2024 to 2032
• Asia-Pacific cosmetic and personal care packaging equipment market value occupied around USD 1.7 billion in 2023
• North America cosmetic and personal care packaging equipment market growth will record a CAGR of more than 6.1% from 2024 to 2032
• Among product, the filling sub-segment generated around USD 1.8 billion revenue in 2023
• Based on application, the skin care sub-segment generated 27% cosmetic and personal care packaging equipment market share in 2023
• Increased demand for customized packaging in the personal care industry is a popular cosmetic and personal care packaging equipment market trend that fuels the industry demand

The cosmetic and personal care packaging is the packaging of the beauty and health products to store and protect them from damage or contamination during storage and transportation. Various equipments used for the packaging of cosmetic and personal care products such as equipment for filling, labeling, cleaning, wrapping, and palletizing. Overall the cosmetic packaging market is a growing sector that has various stakeholders such as processors, raw material suppliers, packaging manufacturers. As the market for cosmetic products is growing, companies in the cosmetic packaging industry are struggling to expand their product portfolio. Suitable and efficient packaging is necessary for all types of cosmetics and personal care products.

Global Cosmetic and Personal Care Packaging Equipment Market Dynamics

Market Drivers

• Rising consumer demand for premium and innovative packaging in cosmetics
• Growth in e-commerce driving the need for efficient packaging solutions
• Technological advancements in automated and sustainable packaging machinery
• Increasing investments in product differentiation by cosmetic brands

Market Restraints

• High initial costs of advanced packaging equipment
• Regulatory complexities surrounding cosmetic packaging materials
• Limited adoption in emerging economies due to cost constraints

Market Opportunities

• Growing preference for eco-friendly and recyclable packaging solutions
• Expansion in emerging markets with rising disposable incomes
• Advancements in smart packaging for enhanced product security

Cosmetic and Personal Care Packaging Equipment Market Report Coverage

Cosmetic and Personal Care Packaging Equipment Market Insights

The development of innovative packaging technologies in every industry including cosmetics and personal care is anticipated to boost the market growth. The focus of manufacturers on creating sustainable packaging by using biodegradable materials is anticipated to benefit the demand for cosmetics and personal care packaging equipment over the forecast period. Partnerships, mergers, and acquisition in the market to expand product portfolio and geographical presence are expected to propel the market growth.

The e-commerce market has expanded in recent years especially in developed regions. The need of packaging for e-commerce differs from traditional retail outlets as it requires more protection. The increasing need for suitable solutions to provide packaging is anticipated to propel the market growth during the forecast period.

The increased demand for environmentally friendly and recyclable packaging solutions creates a huge potential in the cosmetic and personal care packaging equipment market. With consumers' growing environmental awareness, firms are embracing more sustainable practices, such as the use of biodegradable materials and recyclable packaging. This transition has increased the demand for innovative packaging equipment that can handle eco-friendly materials while maintaining efficiency and attractiveness. Governments around the world are also enforcing stronger bans on single-use plastics, hastening the changeover. Packaging equipment manufacturers can benefit on this trend by developing technology specifically for sustainable packaging processes. Furthermore, the incorporation of elements such as reduced material waste and energy-efficient operations is consistent with both environmental goals and cost-cutting efforts for cosmetic enterprises.

Cosmetic and Personal Care Packaging Equipment Market Segmentation

The worldwide market for cosmetic and personal care packaging equipment is split based on product, application, and geography.

Cosmetic and Personal Care Packaging Equipment Products

• Labeling
• Filling
• Cleaning
• Cartooning
• Form-Fill-Seal
• Palletizing
• Wrapping

According to cosmetic and personal care packaging equipment industry analysis, the global market has been segmented into the filling, labeling, cleaning, form-fill-seal, cartoning, wrapping, and palletizing. In 2023, the filling machine accounted for the largest share of the market. This can be attributed to its low maintenance costs, high-performance, and user-friendly properties. Aseptic filling machines are expected to gain traction in the market as they offer performance benefits and uniformity in product quality which is expected to boost the segment growth during the forecast period.

Cosmetic and Personal Care Packaging Equipment Applications

• Skin Care
• Decorative Cosmetics
• Hair Care
• Perfumes
• Bath & Shower

Based on the application of packaging, the market is divided into skincare, decorative cosmetics, haircare, perfumes, and bath & shower. The skincare segment accounted for the largest share of the market in 2023. This can be attributed to increased demand for anti-aging cream and serums in the younger generation to avoid acne, early signs of aging, and dullness in the skin. Consumer shift towards natural skin care products and sustainable packaging material are expected to maintain the skincare packaging segment dominance during the forecast period. However, packaging for hair care products is anticipated to observe the fastest growth during the forecast period due to rising demand for hair care products and the presence of sophisticated products by multinational companies in the market. Increasing pollution, unhealthy lifestyle and eating habits, and growing stress are the key factors responsible for the thinning and greying of hair in the young generation. Hence, the demand for hair care products is anticipated to increase in the coming years at a significant rate.

Cosmetic and Personal Care Packaging Equipment Market Regional Outlook

North America

• U.S.
• Canada

Europe

• U.K.
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

• India
• Japan
• China
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Rest of LATAM

The Middle East & Africa

• South Africa
• GCC Countries
• Rest of the Middle East & Africa (ME&A)

Cosmetic and Personal Care Packaging Equipment Market Regional Analysis

The Asia-Pacific dominated the global cosmetic and personal care packaging equipment market in 2023, due to the population growth, flourishing economies, increasing automation of manufacturing, rise in average wealth of people, and a rising interest in health and wellness. The rising demand for digitalized and greater efficiency products are expected to propel the advanced packaging equipment market. New technological developments and demand for advanced materials such as printed RFID chips are emerging as an enabler for more transparency and efficiency.

North America region is anticipated to observe the significant growth during the forecast period. This can be attributed to high awareness about cosmetics and personal care products, local presence of many multinational beauty companies such as L’Oreal, MAC Cosmetics, Revlon, and Avon. The U.S. has taken initiatives in the formation of the Advanced Manufacturing Partnership (AMP) to make the federal government, industry, and universities invest in emerging technologies. This initiative has helped to achieve a competitive edge in the global economy, by investing in packaging equipment, which is used in the final line of production. However, beauty giants are observing a decrease in sales due to changing taste of consumer and agile competitors.

Cosmetic and Personal Care Packaging Equipment Market Players

Some of the top cosmetic and personal care packaging equipment companies offered in our report includes Marchesini Group, Filamatic, Accutek Packaging Company, Inc., WIMCO Limited, Ronchi Mario, OPTIMA Packaging Group, Prosys Innovative Packaging Equipment, Bosch Packaging Technology, E-PAK Machinery, and APACKS.