The cosmetic packaging market in North America is expected to grow from US$ 4,715.02 million in 2021 to US$ 6,211.51 million by 2028; it is estimated to grow at a CAGR of 4.0% from 2021 to 2028.
The US, Canada, and Mexico are major economies in North America. In recent years, there has been an increase in consciousness regarding personal appearance among individuals, leading to an increase in demand for cosmetic products and resulting in the growth of the cosmetic packaging market across the region. Further, North America is considered the biggest cosmetic market. Additionally, an increase in demand for cosmetics due to the shifting grooming trends among men and women is driving the growth of the cosmetic industry. In recent years, the cosmetic industry shifted from a feminine-oriented products base toward an industry serving all genders, which expanded the consumer base for the industry. The inception of male cosmetics users positively impacted the cosmetic industry. Thus, an increase in demand for cosmetics from different genders is driving the growth of the cosmetic packaging market. Cosmetic packaging becomes an essential factor as it helps provide the product with a distinctive look, which helps attract consumers. The manufacturers focus on creating better packaging designs and brand their products smartly through innovative packaging to attract more consumers.
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North America Cosmetic Packaging Market Segmentation
The cosmetics packaging market is segmented into material type, container type, and application. On the basis of material type, the market is segmented into glass, paper, plastic, metal, and others. The Paper segment held the largest market share in 2020. Based on container type, the market is segmented into jars, tubes, bottles, pumps and dispensers, sachets, and others. The bottles segment held the largest market share in 2020. On the basis of application, the market is segmented into skin care, hair care, make up, and nail care. The skin care segment held the largest market share in 2020. Based on country, the North America cosmetic packaging market is segmented into the US, Canada, and Mexico. The US held the largest market share in 2020. Furthermore, Albea; APC Packaging Ltd.; Aptar Group, Inc.; Berry Global Inc.; Gerresheimer AG; HCP PackaginG; Huhtamaki; Libo Cosmetics; Silgan Plastics; and WWP Beauty are among the leading companies in the North America cosmetic packaging market.
North America Cosmetic Packaging Strategic Insights
Strategic insights for the North America Cosmetic Packaging provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Market leaders and key company profiles
- Albea
- APC Packaging Ltd.
- Aptar Group, Inc.
- Berry Global Inc.
- Gerresheimer AG
- HCP PackaginG
- Huhtamaki
- Libo Cosmetics
- Silgan Plastics
- WWP Beauty
North America Cosmetic Packaging Regional Insights
The geographic scope of the North America Cosmetic Packaging refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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