Asia-Pacific cosmetic packaging market is anticipated to showcase moderate CAGR of 5.6% during the forecast period (2021-2027). Rising purchasing power, increase in beauty conscious consumers, easy availability of affordable cosmetic products, and significant growth in e-retailing are the key factors that are driving the cosmetic industry across the region. India & China are the major contributors towards the growth of the Asia-Pacific cosmetic packaging market. According to the Associated Chambers of Commerce and Industry of India (ASSOCHAM), Indian beauty and wellness market is estimated to be $ 14 billion in 2019 and is anticipated to grow significantly at CAGR of 18%. The growing cosmetic industry across the region is creating huge demand for cosmetic packaging solutions to improve the productivity and shelf life of these products. This in turn, is anticipated to drive the growth of the Asia-Pacific cosmetic packaging market.

The cosmetic packaging market is segmented on the basis of material type, product type, and cosmetic type. Based on the material type, the cosmetic packaging market is segmented into plastic, metal, glass, paper, and others. Plastic is expected to hold major market share based on material type. Easy molding, structuring, and designing capability of plastic makes them suitable choice to perform plastic packaging. Based on product type, the market is segmented into plastic bottles & containers, glass bottles & containers, corrugated boxes, tubes & sticks, caps & closure, metal containers, and others. Based on cosmetic type, the market is segmented into skin care, hair care, color cosmetics, deodorants, and others.

Albea Group, Amcor PLC, AptarGroup Inc., Cosmopak Ltd, DS Smith PLC, Graham Packaging LP, HCP Packaging Co. Ltd., Quadpack Industries SA, Raepak Ltd., Rieke Corp.and so on are the key player operating in the Asia-Pacific cosmetic packaging market. These players are actively adopting different growth strategies such as new product launch, partnerships, capacity expansion, and mergers and acquisition among others to remain thrive in the marketplace.  

Research Methodology

The market study of the Asia-Pacific Cosmetic Packaging market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Asia-Pacific Cosmetic Packaging Market Research And Analysis By Material Type
2. Asia-Pacific Cosmetic Packaging Market Research And Analysis By Product Type
3. Asia-Pacific Cosmetic Packaging Market Research And Analysis By Cosmetic Type

The Report Covers

• Comprehensive research methodology of the Asia-Pacific Cosmetic Packaging market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Asia-Pacific Cosmetic Packaging market.
• Insights about market determinants which are stimulating the Asia-Pacific Cosmetic Packaging market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.