Global Cosmetic Bottle Market is Segmented By Type (Solid Containers, Dropper Bottles, Spray Bottles, Liquid Bottles, Others), By Material(Plastic, Glass, Metal, Others), By Product(Cylinder, Jar, oval, Round, Square, Oblong), By Application(Skincare, Haircare, Color cosmetic, Suncare, Oral care, Fragrances & perfumes, Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030
Cosmetic Bottle Market Overview
The Global "Cosmetic Bottle Market" is predicted to reach at a high CAGR of 2.9% during the forecast period (2023-2030).
Cosmetic bottles are durable and simpler to deal with than other packaging types. Makers favor plastic bottles for cosmetic packaging because of lower manufacturing costs and an assortment of developments. Since they will be utilized in the personal care business, they are mindful of ecological issues and unsafe impacts. Therefore, manufacturers rigorously observe government stringent guidelines and guidelines globally.
Source: DataM Intelligence Analysis (2021)
Cosmetic Bottle Market Dynamics
The cost-effectiveness and durability of cosmetic bottles, particularly plastic bottles, are expected to drive the market. However, several substitutes are likely to hamper the global cosmetic bottle market.
The cost-effectiveness and durability of the cosmetic bottle, particularly plastic bottles
The cost-effectiveness and durability of the cosmetic bottle make it more efficient packaging materials than its counterparts. The minimal expense of packaging is driving its utilization in the cosmetic business. With genuine concerns filling an ever-increasing number of nations, critical players have expanded their interests in innovative work to handle ecological concerns and make plastic containers more secure for drug use.
Also, reusing is enlarging the development of plastic bottles in the cosmetic businesses. Plastic bottles have consistently been the favored method of packaging personal care items. For instance, in June 2021, L'Oréal announced that Biotherm would become the first of its brands to launch a bottle made from plastic entirely recycled using Carbios' enzymatic technology. The technology developed is suitable for all types of PET, making these plastics indefinitely recyclable. L'Oréal first set up a consortium with Carbios to encourage the development of innovative plastics recycling solutions in 2017.
The presence of several substitutes is likely to hamper the cosmetic bottle market
There are various substitutes for cosmetic bottles, such as tubes, jars, containers, blister & strip packs, aerosol cans, folding cartons and others in the market. Some of them are cheaper and more efficient than cosmetic bottles. For instance, aerosol cans are now widely used by cosmetic packaging companies because of their spray advantage and air-tight nature.
COVID-19 Impact Analysis On Cosmetic Bottle Market
According to Azelis, a life science business, the COVID-19 epidemic would have a clear and long-term influence on cosmetics demand, which is expected to slow. Personal care companies, on the other hand, have fresh opportunities. Because of social isolation and separation, there is more "me-time" and self-care.
Cosmetic Bottle Market Segment Analysis
The global cosmetic bottle market is segmented into plastic, glass, metal, and others based on material. Further, plastic is segmented into polyethylene terephthalate (PET), low-density polyethylene (LDPE), high-density polyethylene (HDPE), glass, metal and others.
HPDE is a polyethylene thermoplastic produced using petrol. It is to a great extent known for its solidarity to-thickness proportion and has a significant application in plastic container creation. HDPE bottles offer minimal expanding capacities, giving them more grounded intermolecular powers and superior rigidity than LDPE.
Furthermore, HPDE is harder, murkier and can withstand higher temperatures of the request for 110 Celsius. Polypropylene is a different polymer produced using monomer propylene. The polymer is rough and abnormally impervious to numerous compound solvents, bases and acids. The expansion in the income of cosmetics will prompt the interest for HDPE fundamentally. The convenience and popularity of plastic bottles are relied upon to help the cosmetic bottle market develop moderately during the estimated time frame.
Source: DataM Intelligence Analysis (2021)
Cosmetic Bottle Market Geographical Analysis
The global cosmetic bottle market is segmented into North America, Europe, South America, Asia-Pacific, and Middle East & Africa based on geography.
Asia-Pacific accounts for a significant market share of the total industry in income and volume due to rising beauty care goods and material operations in China and India. China is a big consumer due to the large presence of a critical business to meet the growing buyer need. The changing lifestyles and a rising population with a preference for beauty and wellness products drive the market.
Moreover, Europe is expected to witness significant growth in the global market because of the appeal of the material business. The fashion industry, thriving in the region, necessitates good textures that can be transformed into various clothes. Organizations develop innovative product ideas by combining trendsetting innovations, contributing to market growth.
Source: DataM Intelligence Analysis (2021)
Cosmetic Bottle Market Competitive Landscape
The global cosmetic bottle market is highly competitive and fragmented with several end-use industries, resulting in high investment by multinational and local companies, contributing to the major share in the market growth. In addition, major players contributing to the market's growth are Berry Global Inc., Amcor PLC, Sonoco, Huhtamaki Oyj, Albea SA, HCP Packaging, TriMas Corporation, AptarGroup, Inc., Gerresheimer AG, DS Smith PLC, Graham Packaging Global and others. In addition, the companies are adopting expansions, acquisitions, product launches and collaborations, contributing to the market growth.
Berry Global, Inc.
Overview: Berry Global, Inc. is a U.S.-based global manufacturer of plastic packaging products. The company is headquartered in Evansville, Indiana. Berry Global, Inc. operates primarily in three divisions: Health, Hygiene, Specialties, Consumer Packaging and Engineered Materials. In addition, the company has a global presence with over 290 facilities across the globe and more than 48,000 employees.
Product Portfolio: Berry Global Inc. offers plastic cosmetic bottles of HDPE, PET, PVC, LDPE and PP bottles.
Key Development:
- In July 2019, Berry Global Inc. acquired the RPC Group. With the acquisition, the company became one of the world's largest plastic and recycled packaging companies, with a footprint in over 290 locations across the globe.
Why Purchase the Report?
- Visualize the composition of the global cosmetic bottle market segmentation by type, material, product, application and region, highlighting the key commercial assets and players.
- Identify commercial opportunities in the global cosmetic bottle market by analyzing trends and co-development deals.
- Excel data sheet with thousands of data points of global cosmetic bottle market-level 4/5 segmentation.
- PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
- Product mapping in excel for the key product of all major market players
The global cosmetic bottle market report would provide access to an approx. 69 market data table, 72 figures and 180 pages.
