Cosmetics And Personal Care Packaging Equipment Market To Reach $6.5 Billion By 2030

Cosmetics And Personal Care Packaging Equipment Market Growth & Trends

The global cosmetics and personal care packaging equipment market size is expected to reach USD 6.5 billion by 2030, registering a CAGR of 5.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth is backed by the rising consumer preference for healthier and personalized products along with the rising investments in developing novel and innovative packaging technologies.

Stringent government regulations on reducing plastic use, ban on single use plastics, and increasing recycling targets has surged the demand for sustainable packaging solutions. In addition to the cost savings from using less amount of materials, end-user companies are opting for machines that offer reduced energy and water usage along with lower greenhouse gas emissions.

Tripartite effort by local government and foreign and domestic enterprises to establish better distribution infrastructures is projected to drive the demand for transport and distribution packaging. These factors are expected to surge the market growth of associated packaging machinery sales over the next seven years.

The cosmetics and personal care packaging equipment manufacturers are moving toward acquiring integrated and Artificial Intelligence (AI) enabled machinery to reduce human errors and to improve the energy and cost utilization. In addition, growing demand for vacuum machinery for cosmetics and personal care products in order to gain aseptic packaging, is expected to stimulate the product demand over the forecast period.

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Cosmetics And Personal Care Packaging Equipment Market Report Highlights

• The filling machine segment dominated the market with a market share of 38.9% in 2023. User friendly features of these machines such as low maintenance cost, high performance with uniform product quality, safety from any contamination is driving the segment growth.

• The skincare category held the largest share of 27.0% in 2023. The increasing popularity of moisturizers, anti-ageing creams and serums have also expanded the need for suitable packaging material.

• North America held a market share of 24.8% in 2023 and is expected to grow at a CAGR of 5.2% during the forecast period. Presence of big companies in the cosmetics sector and large number of customers using these products, eventually have expanded the market in the region.

• Asia Pacific dominated the global market accounting for the largest revenue share of 38.1% in 2023. Presence of highly populated countries such as China and India, increasing awareness about personal care products and large companies operating in the region are key driving factors of the market.

• Europe accounted for a revenue share of 28.6% in 2023 and is projected to grow at a CAGR of 4.3% over the forecast period.

Cosmetics And Personal Care Packaging Equipment Market Segmentation

Grand View Research has segmented the global cosmetics and personal care packaging equipment market on the basis of on product, application and region:

Cosmetics And Personal Care Packaging Equipment Product Outlook (Revenue, USD Million, 2020 - 2030)

• Filling

• Labelling

• Cleaning

• Form-Fill-Seal

• Cartoning

• Wrapping

• Palletizing

Cosmetics And Personal Care Packaging Equipment Application Outlook (Revenue, USD Million, 2020 - 2030)

• Skin Care

• Hair Care

• Decorative Cosmetics

• Bath and Shower

• Perfumes

• Others

Cosmetics And Personal Care Packaging Equipment Regional Outlook (Revenue, USD Million, 2020 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Australia

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa (MEA)

  • South Africa

  • Saudi Arabia

  • UAE

List of Key Players in the Cosmetics And Personal Care Packaging Equipment Market

• Wimco Ltd.

• Syntegon Technology GmbH

• Marchesini Group S.P.A.

• Prosys Innovative Packaging Equipment

• AMET Packaging, Inc. (acquired APACKS)