The global cosmetic jar market size is estimated to be valued at USD 4,338 million in 2023 and is projected to reach USD 7,020 million by 2033. Revenue is expected to increase at a CAGR of 4.9% during the forecast period from 2023 to 2033.
The global cosmetic jar market was valued at USD 4,145 million at the end of 2022 and is anticipated to exhibit a y-o-y growth of 4.7% in 2023. Increasing trends for male grooming, changing lifestyles, high disposable income, and surging demand for natural products are projected to drive sales of cosmetics products.
CBD cosmetics is another trend pushing the market for luxury cosmetic jars. Skincare and haircare are the leading segments bolstering the growth of the cosmetic industry.
The cosmetic jar market is expected to experience a lucrative growth outlook during the forecast period. The report estimates that the market would create a total financial potential of USD 2,875 million and expand 1.6 times the current value during the evaluation period.
Attributes | Key Insights |
---|---|
Cosmetic Jar Market Anticipated Size (2022A) | USD 4,145 million |
Estimated Market Valuation (2023E) | USD 4,338 million |
Cosmetic Jar Market Projected Size (2033F) | USD 7,020 million |
Value-based CAGR (2023 to 2033) | 4.9% |
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The global cosmetic jar market is anticipated to witness a CAGR of around 4.9% in the estimated period. Sales of elegant cosmetic packaging jars expanded at a CAGR of 2.7% during the historical period from 2018 to 2022. The market value reached USD 4,145 million in 2022 from USD 3,733 million in 2018.
Historical CAGR (2018 to 2022) | 2.7% |
---|---|
Forecast CAGR (2023 to 2033) | 4.9% |
Consumers are increasingly becoming aware of eco-friendly disposable options and are willingly accepting items encased in reusable containers. The cosmetics and personal care industry is extensively using environmentally friendly materials such as glass, metals, and recycled plastics to produce jars to accommodate this new trend.
Innovative and multi-functional packaging solutions are increasingly being embraced in the marketplace. One of the most prominent trends for beauty product containers has been the utilization of colored glass to increase their aesthetic appeal.
Key players view it as an additional means of differentiating their goods from the competition and making them stand out. Although it is more costly than frosted or transparent glass, it is still a viable alternative.
The table below offers a semi-annual update on the growth rate of the global cosmetic jar market over two different periods, namely, H1 and H2, spanning from 2022 to 2033. CAGRs of each period exhibit the estimated average annual growth rates.
They vary between 4.8% and 5.0% for the primary portion of each period and from 4.7% to 5.1% for the second. This proves a largely favorable growth tendency in the market for cosmetic jar packaging solutions with slight fluctuation across diverse periods.
Particular | Value CAGR |
---|---|
H1 | 4.8% (2022 to 2032) |
H2 | 5.0% (2022 to 2032) |
H1 | 4.7% (2023 to 2033) |
H2 | 5.1% (2023 to 2033) |
Rising Collaborations and Improving Synergy between Global and Local Players
Global cosmetic jar manufacturers are strategically targeting the localization of cosmetic products, as they are aware that a single global brand cannot attract people in regional markets. Following the footsteps of market leaders, medium-sized companies have adopted similar strategies for achieving success in local markets.
All these strategies are transforming the dynamics of the global cosmetic jar market. Moreover, companies are looking forward to monetizing local market benefits, such as economical production and fast integration with the supply chain.
Multifunctional cosmetic companies are outsourcing their production to local players with technical knowledge and expertise. Hence, global giants are focusing on increasing their local market share through such collaborations with regional players.
Over the past several years, Europe-based cosmetic brands have entered the fast-growing markets in the developing countries of South and East Asia. Hence, these factors are creating substantial opportunities for cosmetic packaging manufacturers.
Rising Awareness of Anti-aging Products Augmenting Sales
The global hair and skin care industry is witnessing astonishing growth rates year by year. Age-defying products such as creams, lotions, shampoo, and conditioners are recording high sales and resulting in the burgeoning demand for plastic jar packaging.
Skincare and hair care lotions or creams need to be protected from direct sunlight (UV protection), oxygen, and humidity. Exponentially growing per capita consumption for hair and skin care products can be seen in recent years across the developed markets of Europe and Asia. The rising need for anti-aging beauty products is expected to have a positive impact on the global sales of plastic jars in the estimated period.
Consumers, mainly belonging to the aging population, are inclined toward cosmetic products that enhance their overall appearance. The above-mentioned trend is gaining traction among the aging and female population in particular, which is boosting the demand for cosmetic packaging, including jars.
Inclination toward Small-sized Packs for Affordability Creates Opportunities
The global trend of shrinking packaging sizes is influencing the cosmetic packaging industry. The changing consumer lifestyle in several regions, such as North America, Asia Pacific, and Africa, is a leading driver behind this change.
The intercontinental population migration is witnessing a rapid growth rate. People are moving from one location to another in search of livelihood.
Small and medium-sized jars made up of PET plastics continue to be a popular format in such regions where consumers are more price sensitive. This type of pack contributes to the affordability of cosmetics for lower-income households, especially in semi-urban and rural areas. It can also help the independent retail sector to expand across developing countries.
Manufacturers’ strategies toward value for money include premium fragrances in smaller pack sizes as well as mini travel size formats. Small pack sizes are also appealing to those consumers who prefer to have a collection of cosmetics while making it economically feasible.
The middle-class population is the main adopter of these small-sized packaging formats. The middle-class population tends to purchase less but more often, which is expected to drive the cosmetic packaging market growth through 2033.
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The section below highlights the CAGRs of the leading countries in the cosmetic jar market. The three main countries pushing sales of cosmetic jars include Japan, China, and Canada.
According to the analysis, Japan is set to lead the market for innovative cosmetic containers by showcasing a CAGR of 6.7% in the forecast period. The country is anticipated to be followed by China and Canada, with CAGRs of 5.3% and 4.7%, respectively.
Countries | Value (CAGR) |
---|---|
United States | 3.8% |
Canada | 4.7% |
Germany | 3.5% |
Italy | 4.2% |
France | 3.3% |
United Kingdom | 4.0% |
China | 5.3% |
Japan | 6.7% |
The tables below showcase the growth rates of leading segments in the cosmetic jar market. In terms of material, the glass segment will likely witness a CAGR of 6.5% in the estimated period. Based on end-use, the hair care segment is set to exhibit a CAGR of 5.4% from 2023 to 2033.
By Material | Value CAGR |
---|---|
Plastic | 4.2% |
Metal | 4.7% |
Glass | 6.5% |
Others | 5.2% |
By End-use | Value CAGR |
---|---|
Skin Care | 5.1% |
Hair Care | 5.4% |
Makeup | 4.3% |
Others | 3.8% |
Key players in the cosmetic jar market are focusing on launching innovative cosmetic containers by integrating smart packaging technologies such as QR codes and NFC tags. They are also aiming to expand their presence by launching their products online and showcasing them across several exhibitions.
For instance,
Attribute | Details |
---|---|
Estimated Industry Value (2023) | USD 4,338 million |
Projected Industry Value (2033) | USD 7,020 million |
Value-based CAGR (2023 to 2033) | 4.9% |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Value in USD million and Volume in million units |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered | Material, Capacity, End-use, Region |
Key Companies Profiled | Berry Global, Inc.; Quadpack; Gerresheimer AG; Yonwoo Co. Ltd.; Hopf Packaging GmbH; H&K Müller GmbH & Co. KG; CORPACK GMBH; Plásticos FACA S.A.; LUMSON S.p.A; Frapak Packaging; HCP Packaging; HCT Group; Jiangsu Rongtai Glass Products Co., Ltd; Stoelzle Glass Group; Taiwan K.K. Corporation; FH Packaging; Hangzhou Lecos Packaging Co. Ltd. |
In 2022, the global cosmetic jar market was valued at USD 4,145 million.
The global cosmetic jar market is anticipated to reach USD 4,338 million in 2023.
The global cosmetic jar market valuation is expected to reach USD 7,020 million in 2033.
The global cosmetic jar market exhibited a 2.7% CAGR from 2018 to 2022.
The projected CAGR for the global cosmetic jar market from 2023 to 2033 is 4.9%.
The skincare and hair care end-use segments are expected to remain dominant.
Cosmetic jars, airless jars, cosmetic tubes, and trays.
1. Executive Summary 2. Market Overview 3. Key Market Trends 4. Key Success Factors 5. Global Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033 6. Global Market - Pricing Analysis 7. Global Market Demand (in Value or Size in USD million) Analysis 2018 to 2022 and Forecast, 2023 to 2033 8. Market Background 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material 9.1. Plastic 9.2. Metal 9.3. Glass 9.4. Others 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Capacity 10.1. Small (5ml to 50 ml) 10.2. Medium (51ml to 100 ml) 10.3. Large (100 ml to 500 ml) 10.4. Others (>500 ml) 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-use 11.1. Skin Care 11.2. Hair Care 11.3. Makeup 11.4. Others 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 12.1. North America 12.2. Latin America 12.3. Europe 12.4. East Asia 12.5. South Asia 12.6. Middle East and Africa 12.7. Oceania 13. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 14. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 15. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 16. South Asia & Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033 17. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 18. Middle East & Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033 19. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033 20. Country wise Market Analysis 2023 to 2033 21. Market Structure Analysis 22. Competition Analysis 22.1. Berry Global, Inc 22.2. Quadpack 22.3. Gerresheimer AG 22.4. Yonwoo Co. Ltd. 22.5. Hopf Packaging GmbH 22.6. H&K Müller GmbH & Co. KG 22.7. CORPACK GMBH 22.8. Plásticos FACA S.A. 22.9. LUMSON S.p.A 22.10. Frapak Packaging 22.11. HCP Packaging 22.12. HCT Group 22.13. Jiangsu Rongtai Glass Products Co., Ltd 22.14. Stoelzle Glass Group 22.15. Taiwan K.K. Corporation 22.16. FH Packaging 22.17. Hangzhou Lecos Packaging Co. Ltd. 23. Assumptions and Acronyms Used 24. Research Methodology
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