The USA is poised to dominate the North American cosmetic jars market, capturing an impressive 74% market share during the assessment period. This growth is driven by the rising consumer demand for organic cosmetics and personal care products, coupled with a growing preference for sustainable packaging materials in the personal care sector. As per FMI, the USA is expected to present an additional opportunity of US$ 387 million throughout the forecast period.
The global Cosmetic Jars Market is on a trajectory of substantial growth, with projections indicating a surge from its estimated value of US$ 4.1 billion in 2022 to a promising valuation of US$ 6.7 billion by 2032, fueled by a robust 4.9% compound annual growth rate (CAGR). The escalating demand for cosmetic jars is intimately tied to the increasing awareness of skincare products, especially anti-aging solutions, driving the skincare segment to expand significantly. This segment is anticipated to almost double its current market value from 2022 to 2032.
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The market’s prominence is evident from its representation, accounting for around 11% of the global cosmetic packaging market worth US$ 37 billion in 2021. Furthermore, the rise of e-commerce and the preference for product visibility have generated opportunities for growth, as cosmetic brands cater to consumers’ online shopping preferences.
Cosmetic jars, available in a variety of materials, including plastic, glass, metal, and others, are capitalizing on the drive for product aesthetics and appeal. With evolving consumer demands and a burgeoning skincare industry, the Cosmetic Jars Market stands poised for a vibrant future.
The product type segment is further segmented into screw-top jars, flip-top jars, and pump jars. The screw-top jars segment is expected to dominate the market during the forecast period. This is due to the ease of use and the wide range of sizes and shapes available.
The end-user segment is further segmented into offline and online channels. The offline channel is expected to dominate the market during the forecast period. This is due to the high penetration of offline stores in developing countries.
Here are some of the trends that are expected to shape the cosmetic jars market in the coming years:
- Increasing demand for sustainable packaging
- Rising focus on product differentiation
- Growing popularity of e-commerce
- Increasing demand for personalized cosmetics
The cosmetic jars market is a dynamic and growing market. The players in the market are constantly innovating and developing new products to meet the growing demand for cosmetic jars.
Here are some of the benefits of using cosmetic jars:
- Cosmetic jars are airtight, which helps to keep the product fresh and prevent contamination.
- Cosmetic jars are available in a wide range of sizes and shapes, which allows brands to create unique and eye-catching packaging.
- Cosmetic jars are often made from recyclable materials, which helps to reduce environmental impact.
Overall, the cosmetic jars market is a promising market with a lot of growth potential. The market is expected to grow at a CAGR of 4.9% from 2022 to 2032. The growth of the market is being driven by a number of factors, including the increasing demand for cosmetic products, the growing popularity of sustainable packaging, and the rising focus on product differentiation.
Key Takeaways:
- Based on material, sales in the plastic segment will grow by 1.6x during the forecast period.
- By end use, demand in the skin care segment is anticipated to increase at a 5.1% CAGR through 2032.
- In terms of capacity, the large (101ml-150ml) segment will offer an incremental opportunity of US$ 1.2 Bn over the assessment period.
- The U.S. will account for a lion’s share of the North America cosmetic jars market, creating an incremental opportunity of US$ 387 Mn over the forecast period.
- Germany will emerge as a lucrative market, with total sales reaching a valuation of US$ 418 Mn by 2032.
- Europe and North America are estimated to hold around 54% of the total market share by the end of 2032.
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Cosmetic Jars Market Landscape
- Berry Global Inc.,
- Jiangsu Rongtai Glass Co, Ltd.,
- HCP Packaging,
- Gerresheimer AG,
- Yonwoo Co. Ltd, and
- Stoelzle Glass Group
are the key players operating in the cosmetic jars market. Furthermore, Pumtech Korea Co. Ltd, Lumson S.p.A, Frapak Packaging, Libo Cosmetics Company, Ltd and other manufacturers are also noticeable players in the cosmetic jars market. The tier 1 players in the market hold 10-15% in the global cosmetic jars market
Cosmetic Jars Market by Category
By Material:
- Plastic
- Metal
- Glass
- Others
By Capacity:
- Small (5ml-50ml)
- Medium (51ml-100ml)
- Large (101ml-500ml)
- Others (>500ml)
By End Use:
- Skin Care
- Hair Care
- Make Up
- Others
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Author
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show – Rise of the Intelligent Packaging. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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