Europe Cosmetic Plastic Packaging Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 3.37 Billion |
| Market Size (2029) | USD 3.89 Billion |
| CAGR (2024 - 2029) | 2.93 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Cosmetic Plastic Packaging Market Analysis
The Europe Cosmetic Plastic Packaging Market size is estimated at USD 3.37 billion in 2024, and is expected to reach USD 3.89 billion by 2029, growing at a CAGR of 2.93% during the forecast period (2024-2029). In terms of production volume, the market is expected to grow from 26.52 billion units in 2024 to 30.91 billion units by 2029, at a CAGR of 3.11% during the forecast period (2024-2029).
The European cosmetic market is thriving, driven by dynamic market segments, evolving consumer preferences, and the influence of global beauty trends. The market encompasses many products, including skincare, haircare, cosmetics, and fragrances, catering to diverse consumer needs and preferences. The market is witnessing significant growth due to the increasing demand for organic and natural products, the rise of e-commerce platforms, and the growing awareness of personal grooming and hygiene.
- Amid a rising emphasis on sustainability, cosmetics manufacturers increasingly seek natural and eco-friendly ingredients and emulsifiers. The shift toward 'green' beauty is not just a passing trend. Mounting research highlights the toxicity of conventional cosmetics, propelling the rapid and sustainable growth of the natural cosmetics market.
- Increasing demand for cosmetic products in Europe, coupled with heightened consumer awareness, evolving lifestyles, a growing emphasis on personal grooming, and a surging interest in beauty products, collectively propels companies to invest in innovative packaging solutions. This trend is further supported by advancements in packaging technology and sustainability initiatives, which are becoming crucial factors in the market.
- Smart packaging is revolutionizing the beauty and cosmetics sectors, enhancing productivity and reshaping production paradigms. Globally, the adoption of IoT and smart packaging is surging, with the beauty industry, mainly cosmetics and makeup, at the forefront. While innovative packaging in makeup bottles and skincare products remains a niche, it offers unparalleled opportunities for creativity and innovation.
- Europe is currently grappling with a pressing environmental issue: plastic waste. The European Commission reports that most European plastic is incinerated in landfills rather than recycled. Recycling, while crucial, poses challenges. It is resource-intensive and often costly. Profitability hinges on robust demand for the end product and the availability of ample waste plastic, necessitating large-scale processing facilities.
- In April 2024, Estée Lauder Companies (ELC) and Microsoft Corp. unveiled plans for an AI Innovation Lab, solidifying their strategic partnership. By harnessing the advanced generative AI tools within Microsoft's Azure OpenAI Service, the collaboration aims to enhance ELC's 20+ prestigious beauty brands. Their goal is to forge deeper consumer bonds, expedite product launches with local resonance, and, ultimately, spearhead the beauty industry's transformation through generative AI.
Europe Cosmetic Plastic Packaging Market Trends
Make-up Products to Witness Growth
- The European cosmetic plastic packaging market is primarily attributed to the significant growth in make-up and beauty product sales. According to Cosmetics Europe, the market is dominated by five leading European countries: Germany, France, the United Kingdom, Italy, and Spain.
- Brands in the region wield significant influence over consumers, driven by escalating demand. These brands leverage extensive promotional campaigns and endorsements, directly impacting the market for cosmetics. The increasing availability of cosmetics through e-commerce channels further fuels the steady rise in demand, mainly due to its convenience.
- Leading beauty brands like L'Oreal SA and Estee Lauder Companies Inc. are at the forefront of offering premium value in their make-up lines. This emphasis on value has fueled a rising demand for multifunctional beauty products, especially in the luxury beauty segment. Companies are innovating to meet these evolving customer preferences and recognize the need for convenience in today's fast-paced world. In response to the rising demand for make-up products, the demand for packaging formats such as tubes, sticks, bottles, and others is also growing in value sales.
- For instance, L'Oréal, the global beauty manufacturing company, showed a growing sales structure in the region, increasing from USD 9.955 billion in 2020 to USD 13.91 billion in 2023. This growing sales of Loreal, which covered 20% of Europe's market share, highlights the rise of demand for cosmetic products in the region.
Spain to Register Major Growth
- Visual quality, sustainability, and convenient handling are significant factors brand owners focus on while manufacturing cosmetic plastic products. These lightweight cosmetic products are suitable for high-end personal care applications. Also, several companies operating in the market are showing interest and innovating new solutions.
- In May 2023, Amethis Europe, part of the Edmond de Rothschild Private Equity partnership, acquired a minority stake in HB Aesthetics. This acquisition supported SMEs in their internationalization efforts. HB Aesthetics designs and distributes high-end dermo-cosmetic products for professionals. Such acquisitions drive the country's cosmetic plastic packaging market.
- The cosmetic industry is witnessing a significant expansion in product offerings due to evolving consumer preferences and demands. For instance, in June 2023, Freshly Cosmetics, a brand specializing in sustainable cosmetics and operating across Spain, announced two new Freshly Stores: one in Madrid, the second store in the capital, and the first in Galicia. Such expansions would improve the need for cosmetic plastic packaging during the forecast period.
- More and more companies are making commitments aligned with the United Nations' 17 Sustainable Development Goals (SDGs). Aligning activities with the United Nations' 17 Sustainable Development Goals (SDGs) may benefit Spain’s cosmetic plastic packaging market, ultimately contributing to its growth. Committing to the SDGs demonstrates a company's dedication to sustainability and social responsibility. As a result, cosmetic companies in Spain that align their activities with the SDGs may experience increased consumer trust and loyalty, leading to a growth in market share.
- When evaluating companies, investors and business partners increasingly consider environmental, social, and governance (ESG) factors. Aligning with the SDGs can make cosmetic companies in Spain more attractive to investors seeking sustainable investment opportunities. It may facilitate partnerships with other businesses that prioritize sustainability, potentially leading to collaborations that drive innovation and growth in the cosmetic plastic packaging market.
Europe Cosmetic Plastic Packaging Industry Overview
The European cosmetic plastic packaging market is fragmented, with the presence of significant players like Albea Group, Hcp Packaging Co. Ltd, Gerresheimer AG, Berry Global Inc., and AptarGroup Inc. Players in the market are adopting strategies such as acquisitions and partnerships to enhance their product offerings and gain sustainable competitive advantage.
- June 2024 - Berry Global Inc. introduced a new offering to its product line: a customizable, rectangular Domino bottle. This bottle is crafted using up to 100% post-consumer recycled (PCR) plastic, catering to the beauty, home, and personal care sectors.
- March 2024 - Aptar Beauty introduced a new iteration of its Micro airless packaging, featuring a container crafted entirely from recycled PET in its rPET variant. French Laboratory SVR, known for its robust commitment to sustainability and circularity, opted for Aptar Beauty's Micro 30 ml rPET airless packaging for its recent PALPEBRAL collection debut.
Europe Cosmetic Plastic Packaging Market Leaders
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Albea Group
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Hcp Packaging Co. Ltd
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Gerresheimer AG
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Berry Global Inc.
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AptarGroup Inc.
*Disclaimer: Major Players sorted in no particular order
Europe Cosmetic Plastic Packaging Market News
- May 2024: Aptar Beauty debuted Color Code PCR, a cutting-edge plastic fragrance pump crafted from post-consumer recycled resin (PCR). This innovative pump boasts an impressive 67% mechanical PCR Plus material, a first in the industry, all while maintaining full customization and aesthetic appeal.
- January 2024: Hoffmann Neopac introduced its LowPro Flip-Top Caps. These caps are designed to minimize material consumption and are compatible with the company's EcoDesign tubes. These tubes, utilized in pharmaceuticals, beauty, and oral care, are renewable, biobased, and fully recyclable.
Europe Cosmetic Plastic Packaging Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
- 4.1 Market Overview
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4.2 Industry Attractiveness - Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Threat of Substitute Products
- 4.2.5 Intensity of Competitive Rivalry
- 4.3 Industry Stakeholder Analysis
- 4.4 Assessment of the Impact of the Recent Geopolitical Developments on the Cosmetic Packaging Market
5. MARKET DYNAMICS
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5.1 Market Drivers
- 5.1.1 Steady Rise in Demand for Cosmetic Products in Europe
- 5.1.2 Increasing Focus on Innovation and Attractive Packaging
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5.2 Market Restraints
- 5.2.1 Low Rates of Re-usability of Plastic Packaging of Cosmetic Products Across European Countries have Posed a Threat to Sustainability
- 5.3 Analysis of Change in Focus to Sustainability in the Region
- 5.4 Analysis of Polymers Currently Used in the European Cosmetic Plastic Packaging Market
6. MARKET SEGMENTATION
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6.1 By Resin Type
- 6.1.1 PE (HDPE and LDPE)
- 6.1.2 PP
- 6.1.3 PET and PVC
- 6.1.4 Polystyrene (PS)
- 6.1.5 Bio-based Plastics (Bioplastic)
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6.2 By Product Type
- 6.2.1 Bottles
- 6.2.2 Tubes and Sticks
- 6.2.3 Pumps and Dispensers
- 6.2.4 Pouches
- 6.2.5 Other Product Types
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6.3 By Application
- 6.3.1 Skin Care
- 6.3.2 Hair Care
- 6.3.3 Oral Care
- 6.3.4 Make-up Products
- 6.3.5 Deodorants and Fragrances
- 6.3.6 Other Applications
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6.4 By Country
- 6.4.1 United Kingdom
- 6.4.2 Germany
- 6.4.3 France
- 6.4.4 Italy
- 6.4.5 Spain
7. COMPETITIVE LANDSCAPE
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7.1 Company Profiles*
- 7.1.1 Albea Group
- 7.1.2 Hcp Packaging Co. Ltd
- 7.1.3 Gerresheimer AG
- 7.1.4 Berry Global Inc.
- 7.1.5 AptarGroup Inc.
- 7.1.6 Amcor Group GmbH
- 7.1.7 Cosmopak USA LLC
- 7.1.8 Quadpack Industries SA
- 7.1.9 Libo Cosmetics Company Ltd
- 7.1.10 Mpack Poland Sp. Z.O.O.
- 7.1.11 Politech Sp. Z.O.O.
- 7.1.12 Huhtamaki Oyj
- 7.1.13 Rieke Corp (Trimas Corporation)
- 7.1.14 Berlin Packaging LLC
- 7.1.15 Mktg Industry SRL
8. INVESTMENT ANALYSIS
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
Europe Cosmetic Plastic Packaging Industry Segmentation
Cosmetic packaging encompasses both primary and secondary packaging. Primary packaging, known as cosmetic containers, serves as the outer covering for the cosmetic product. It comes into direct contact with the cosmetic product. Secondary packaging refers to the external covering of one or multiple cosmetic receptacles.
The estimates for the cosmetic packaging market include all the costs associated with cosmetic packaging solution manufacturing, from raw material procurement to end users. It consists of the cost of material used, other associated products, such as inks and adhesives, closures, and related services like finishing, printing, labeling and marking, packing, and transporting. The estimates exclude the cost of the content that is or is to be packed inside the personal care packaging solution. Personal care packaging and cosmetic packaging are interchangeably used across the study.
The European cosmetic plastic packaging market is segmented by resin type (PE (HDPE and LDPE), PP, PET and PVC, polystyrene (PS), and bio-based plastics (bioplastic)), product type (bottles, tubes, and sticks, pumps, and dispensers, pouches, and other product types), application (skincare, hair care, oral care, make-up products, deodorants and fragrances, and other applications), and country (United Kingdom, Germany, France, Italy, Spain, and Rest of Europe). The report offers the market size in value terms in USD for all the abovementioned segments.
| By Resin Type | PE (HDPE and LDPE) |
| PP | |
| PET and PVC | |
| Polystyrene (PS) | |
| Bio-based Plastics (Bioplastic) | |
| By Product Type | Bottles |
| Tubes and Sticks | |
| Pumps and Dispensers | |
| Pouches | |
| Other Product Types | |
| By Application | Skin Care |
| Hair Care | |
| Oral Care | |
| Make-up Products | |
| Deodorants and Fragrances | |
| Other Applications | |
| By Country | United Kingdom |
| Germany | |
| France | |
| Italy | |
| Spain |
Europe Cosmetic Plastic Packaging Market Research FAQs
How big is the Europe Cosmetic Plastic Packaging Market?
The Europe Cosmetic Plastic Packaging Market size is expected to reach USD 3.37 billion in 2024 and grow at a CAGR of 2.93% to reach USD 3.89 billion by 2029.
What is the current Europe Cosmetic Plastic Packaging Market size?
In 2024, the Europe Cosmetic Plastic Packaging Market size is expected to reach USD 3.37 billion.
Who are the key players in Europe Cosmetic Plastic Packaging Market?
Albea Group, Hcp Packaging Co. Ltd, Gerresheimer AG, Berry Global Inc. and AptarGroup Inc. are the major companies operating in the Europe Cosmetic Plastic Packaging Market.
What years does this Europe Cosmetic Plastic Packaging Market cover, and what was the market size in 2023?
In 2023, the Europe Cosmetic Plastic Packaging Market size was estimated at USD 3.27 billion. The report covers the Europe Cosmetic Plastic Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Cosmetic Plastic Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Cosmetic Plastic Packaging Industry Report
Statistics for the 2024 Europe Cosmetic Plastic Packaging market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Cosmetic Plastic Packaging analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
