Market Size of China Personal Care Packaging Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.72 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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China Personal Care Packaging Market Analysis
The Chinese personal care packaging market is expected to register a CAGR of 6.72% during the forecast period of 2022-2027. The personal care market in China has been one of the fastest-growing sectors in the last few years, benefitting from an increasingly engaged consumer base, which is augmenting the growth of the market studied. In a background of diminishing economic growth and a tangible downturn in the willingness of Chinese consumers to spend, China's cosmetic sector is a bright point that has maintained impressive growth. For instance, according to China's National Bureau of Statistics (NBS), the retail sales of cosmetics in China amounted to CNY 30.99 billion in November 2021.
- According to the same study, the cosmetics industry witnessed a significant decrease in revenue during the first months of 2020 due to the COVID-19 pandemic, which generally affected consumer goods sales. However, due to China's effective pandemic management, the retail trade value quickly recovered. In addition, the changing attitude among men toward skincare fosters the booming of the men's cosmetics market in China.
- The country has quickly gained on the United States in beauty sales and is set to overtake it by 2023, even if growth slows. Consumer spending on cosmetics and personal care products continues to grow, which is facilitating the trend toward adopting processed, packaged, and expensive products. Skincare and decorative cosmetics are growing soundly, with facial care and medical skincare witnessing a robust demand. Moreover, growth potential is also provided by anti-aging products and those intended to protect against environmental pollution.
- According to Tmall Innovation Center, the young women of the post-90s generation have become the most crucial consumer group driving growth in China's cosmetic sector. The post-90s generation has independent consuming power and a simultaneous surge of interest in beauty and skincare amongst this demographic has translated into significant growth. This is aiding the growth of the cosmetic packaging market in the country.
- To cater to the increasing demand, the players in the industry are strengthening their manufacturing capabilities in the country to tackle new opportunities. For instance, in 2020, Albéa, a cosmetic packaging company, began the operations of its new manufacturing facility in China on the lookout to capitalize on the growing e-commerce opportunities. Also, in July 2021, AptarGroup Inc. and YAT, an online skincare solutions company, collaborated to develop an innovative range of products and services for the skincare market.
- However, the investments involved in developing the design for new packaging are significantly higher as the costs go up in changing the product design according to the current market trends and consumer requirements. This is challenging the growth in the market as product vendors may stick to their existing packaging designs in the wake of incurring higher costs associated with the change of design and production costs.
China Personal Care Packaging Industry Segmentation
Personal care packaging refers to the materials used to protect personal care products from contamination and other damages. Plastic, flexible packaging, paperboard, glass, and metals are examples of these materials.
The Chinese personal care packaging market is segmented by material type (plastic, glass, metal, and paper), packaging type (plastic bottles and containers, glass bottles and containers, metal containers, folding cartons, corrugated boxes, tube and stick, caps and closures, pump and dispenser, and flexible plastic packaging), product type (oral care, haircare, color cosmetics, skincare, men's grooming, and deodorants).
By Material Type | |
Plastic | |
Glass | |
Metal | |
Paper |
By Packaging Type | |
Plastic Bottles and Containers | |
Glass Bottles and Containers | |
Metal Containers | |
Folding Cartons | |
Corrugated Boxes | |
Tube and Stick | |
Caps and Closures | |
Pump and Dispenser | |
Flexible Plastic Packaging |
By Product Type | |
Oral Care | |
Haircare | |
Color Cosmetics | |
Skincare | |
Men's Grooming | |
Deodorants |
China Personal Care Packaging Market Size Summary
The Chinese personal care packaging market is experiencing robust growth, driven by an increasingly engaged consumer base and a resilient cosmetics sector that continues to thrive despite broader economic challenges. The market is characterized by a strong demand for skincare and decorative cosmetics, with a notable rise in interest among younger consumers, particularly those from the post-90s generation. This demographic shift is fueling the adoption of processed and premium packaged products, thereby enhancing the market's expansion. The industry's recovery from the initial COVID-19 pandemic impact highlights the effectiveness of China's pandemic management and the rapid resurgence of retail trade. Companies are actively investing in manufacturing capabilities to meet the growing demand, with innovations in packaging design and materials playing a crucial role in maintaining competitive advantage.
The market is moderately competitive, with major players like Amcor PLC, Silgan Holdings Inc., and Albéa leading the charge in packaging innovation. These companies are focusing on sustainable packaging solutions, such as recyclable and refillable products, to align with increasing environmental awareness among consumers. The use of plastic, particularly PET, remains prevalent due to its cost-effectiveness and versatility, although there is a concerted effort to reduce environmental impact through initiatives like carbon-neutral and fully recycled plastic bottles. The oral care segment is also witnessing significant packaging innovations, with major brands committing to recyclable solutions for toothpaste tubes. Overall, the market's growth is supported by strategic investments, technological advancements, and a strong emphasis on sustainability.
China Personal Care Packaging Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness - Porter's Five Forces Analysis
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1.2.1 Bargaining Power of Suppliers
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1.2.2 Bargaining Power of Consumers
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1.2.3 Threat of New Entrants
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1.2.4 Threat of Substitute Products
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1.2.5 Intensity of Competitive Rivalry
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1.3 Technology Snapshot
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1.4 Assessment of the Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Material Type
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2.1.1 Plastic
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2.1.2 Glass
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2.1.3 Metal
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2.1.4 Paper
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2.2 By Packaging Type
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2.2.1 Plastic Bottles and Containers
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2.2.2 Glass Bottles and Containers
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2.2.3 Metal Containers
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2.2.4 Folding Cartons
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2.2.5 Corrugated Boxes
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2.2.6 Tube and Stick
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2.2.7 Caps and Closures
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2.2.8 Pump and Dispenser
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2.2.9 Flexible Plastic Packaging
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2.3 By Product Type
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2.3.1 Oral Care
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2.3.2 Haircare
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2.3.3 Color Cosmetics
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2.3.4 Skincare
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2.3.5 Men's Grooming
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2.3.6 Deodorants
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China Personal Care Packaging Market Size FAQs
What is the current China Personal Care Packaging Market size?
The China Personal Care Packaging Market is projected to register a CAGR of 6.72% during the forecast period (2024-2029)
Who are the key players in China Personal Care Packaging Market?
Silgan Holdings Inc., Amcor PLC, Rieke Packaging Systems Ltd, DS Smith PLC and Bemis Company Inc. are the major companies operating in the China Personal Care Packaging Market.