North America Lip Care Packaging Market, By Container Type (Tubes, Sticks, Jars and Pots, Roll on Containers, Tins, Others), By Material (Plastic, Metal, Glass, Others), By Product (Lip Balm, Lip Serum, Lipsticks, Lip Liner, Lip Scrub, Lip Brush, Others), By Shape (Rectangular, Square, Cylindrical, Oval, Circle, Others), By Application (Non-Medicated, Sun Protection, Medicated & Therapeutic), By Distribution Channel (B2B/Direct Sales, E-Commerce, Specialty Stores, Convenience Stores and Others), By End User (Women, Men and Children) – Industry Trends and Forecast to 2030.
North America Lip Care Packaging Market Analysis and Size
The market value of lip care packaging is directly proportional to the demand for lip care products in the global market. Manufacturers of lip care products are constantly looking for the newest and most effective packaging systems to provide to the market in an effort to draw in more clients. The market for lip care packaging has introduced a number of cutting-edge goods that appeal to consumers' aesthetic sensibilities and consequently enhance sales. Packaging for lip care products often includes pots, jars, tins, and roll-ons.
Data Bridge Market Research analyses that the lip care packaging market, valued at USD 1,230.78 million in 2022, will reach USD 1,991.48 million by 2030, growing at a CAGR of 6.20% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
North America Lip Care Packaging Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Container Type (Tubes, Sticks, Jars and Pots, Roll on Containers, Tins, Others), By Material (Plastic, Metal, Glass, Others), By Product (Lip Balm, Lip Serum, Lipsticks, Lip Liner, Lip Scrub, Lip Brush, Others), By Shape (Rectangular, Square, Cylindrical, Oval, Circle, Others), By Application (Non-Medicated, Sun Protection, Medicated & Therapeutic), By Distribution Channel (B2B/Direct Sales, E-Commerce, Specialty Stores, Convenience Stores and Others), By End User (Women, Men and Children)
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Countries Covered
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U.S., Canada, and Mexico in North America
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Market Players Covered
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HCP Packaging (China), The Packaging Company (U.S.), Berlin Packaging (U.S.), The Packaging Company (U.S.), AptarGroup, Inc. (U.S.), Nice Packaging USA (U.S.), and IntraPac International LLC (U.S.)
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Market Opportunities
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Market Definition
There are several lip care packaging products, such as packaging multiple sizes and styles of lip balm containers into plastic tubes and vinyl bags to offer to your customers. Lip care packaging is a type of packaging that improves product protection while also making transportation easier. Lip care packaging also helps to entice customers to buy the product.
Lip Care Packaging Market Dynamics
Drivers
- Growing self-consciousness to look good in public will bolster the market growth
Personal care and the use of cosmetics were once considered to be major luxuries; however, it is now considered to be an essential part of our way of life. Furthermore, the trend of personal grooming is popular among the young population and is catching on with people of all ages. Self-grooming is popular among all age groups, including the elderly and adults. Hence, growing self-care concerns will propel the growth of cosmetic industry, thereby positively impacting the lip care packaging market.
- Growing focus on packaging is a major driver
The packaging creates the first impression and is frequently the first introduction to the product for the consumer. As a result, various key players are focusing on bringing the most recent and efficient packaging design to market. In recent times, the increasing consumer base for cosmetics and personal care is expected to accelerate the lip care packaging market.
Opportunities
- Growing number of product innovations is a promising opportunity
Major product innovations by the major market players will propel the demand and supply of lip care packaging in the future. Availability of innovative personal grooming products together with the rise in female employment participation will create numerous market growth opportunities. A bright outlook for the market is also being created by the growing desire among the general public, particularly among millennials, for novel and innovative coloured and vegan lipsticks.
Restraints/Challenges
- Rising use of chemicals will derail the market growth rate
Aside from the numerous benefits and increasing popularity of lip care products, there are several drawbacks to these products. One of the most significant disadvantages is the increasing use of chemicals in the production of lip care products such as lip balm, lip gloss, lip balm, and other products. Lead, petrolatum, cadmium chromium, parabens, and other chemicals are used by various key players, and these chemicals are potentially harmful to human health.
This lip care packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the lip care packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In 2020, AptarGroup, Inc. purchased Cohero Health, Inc. and all of its operating assets. As a result, AptarGroup, Inc.'s working assets will rise. The acquisition will increase AptarGroup, Inc.'s sales and revenue.
- In 2020, Libo Cosmetics declared the introduction of eco-friendly packaging. Post-consumer recycled PET (PCR-PET) is a series that Libo created with a variety of alternatives, including compacts, lipsticks, and lip gloss.
North America Lip Care Packaging Market Scope
The lip care packaging market is segmented on the basis of container type, material, product, shape, application, distribution channel, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Container Type
- Tubes
- Sticks
- Jars and Pots
- Roll on Containers
- Tins
- Others
Material
- Plastic
- Metal
- Glass
- Others
Product
- Lip Balm
- Lip Serum
- Lipsticks
- Lip Liner
- Lip Scrub
- Lip Brush
- Others
Shape
- Rectangular
- Square
- Cylindrical
- Oval
- Circle
- Others
Application
- Non-Medicated
- Sun Protection
- Medicated & Therapeutic
Distribution Channel
- B2B/Direct Sales
- E-Commerce
- Specialty Stores
- Convenience Stores
- Others
End User
- Women
- Men
- Children
Lip Care Packaging Market Regional Analysis/Insights
The lip care packaging market is analyzed and market size insights and trends are provided by country, container type, material, product, shape, application, distribution channel, and end user as referenced above.
The countries covered in the lip care packaging market report are U.S., Canada, and Mexico.
As a result of the higher usage of packaging solutions in the cosmetics sector to meet customers' growing demand for lip care goods including lipsticks, lip gloss, lip balm, and others, the U.S. dominates the market in North America.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Lip Care Packaging Market Share Analysis
The lip care packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to lip care packaging market.
Some of the major players operating in the lip care packaging market are:
- HCP Packaging (China)
- The Packaging Company (U.S.)
- Berlin Packaging (U.S.)
- The Packaging Company (U.S.)
- AptarGroup, Inc. (U.S.)
- Nice Packaging USA (U.S.)
- IntraPac International LLC (U.S.)
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