Beauty Packaging Staff11.20.19
The global cosmetic & toiletry containers market size is expected to reach USD 38.1 billion by 2025 -- expanding at a CAGR of 5.2% over the forecast period, 2019 through 2025, according to a new report by Grand View Research.
Market growth is attributed to the growing popularity of hand-crafted and DIY beauty care products that require proper storage.
The report notes, "Besides small scaled independent beauty sellers, consumers also prefer storage for their personal use, which is driving the manufacturers to introduce refillable as well as dispensable containers. For instance, Amazon.com and Mountain Rose Herbs offer large varieties of storage containers."
E-commerce websites are expected to witness the fastest growth over other distribution channels over the forecast period. Some of the common online retailers for containers are Amazon, SavvyHomemade, Mountain Rose Herbs, LightInTheBox, The Container Store Inc., and AliExpress.
The growing popularity of sampling is also contributing to growth.
Consumers Prefer These Types of Containers
Bottle containers are in the lead, with a 40.0% share in 2018. Jars are expected to witness significant growth over the forecast period. The report also covers tubes.
Plastic, including PP, PET and acrylic, is the dominant material for bottles due to its portability and low cost.
Glass jars and slide-in metal boxes are two types of containers expected to gain significant traction. Consumers prefer to store cosmetics and toiletries in plastic and glass jars due to their compact size, portability, and aesthetic appearance.
Consumers also prefer dark or opaque jars, as well as metals such as aluminum.
