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Cosmetic Packaging Machinery - Global Market Trajectory & Analytics

  • ID: 5139689
  • Report
  • April 2021
  • Region: Global
  • 195 pages
  • Global Industry Analysts, Inc
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Global Cosmetic Packaging Machinery Market to Reach $4.8 Billion by 2027

Amid the COVID-19 crisis, the global market for Cosmetic Packaging Machinery estimated at US$3.5 Billion in the year 2020, is projected to reach a revised size of US$4.8 Billion by 2027, growing at a CAGR of 4.5% over the analysis period 2020-2027. Form/Fill/Seal Machinery, one of the segments analyzed in the report, is projected to record a 5.3% CAGR and reach US$932.2 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Labelling Machinery segment is readjusted to a revised 5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $946.7 Million, While China is Forecast to Grow at 7% CAGR

The Cosmetic Packaging Machinery market in the U.S. is estimated at US$946.7 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$963.9 Million by the year 2027 trailing a CAGR of 7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 4.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.

Wrapping Machinery Segment to Record 4.5% CAGR

In the global Wrapping Machinery segment, USA, Canada, Japan, China and Europe will drive the 4.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$393.7 Million in the year 2020 will reach a projected size of US$521.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$628 Million by the year 2027, while Latin America will expand at a 5.5% CAGR through the analysis period.

Select Competitors (Total 42 Featured):
  • A Packaging Systems LLC
  • Bosch Packaging Technology, Inc. (Robert Bosch GmbH)
  • I.M.A. Industria Macchine Automatiche S.P.A.
  • Liquid Packaging Solutions Inc.
  • Marchesini Group S.p.A.
  • Packsys Global Ltd
  • ProMach Inc.
  • Prosy`s Innovative Packaging Equipment
  • Turbofil Packaging Machine, LLC
  • Vetraco Group
  • Wenzou Rigao Packing Machine Co. Ltd.
  • Wimco Ltd
  • Zhejiang Rigao Machinery Corporation Ltd.
Note: Product cover images may vary from those shown
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  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown