According to Future Market Insights research, during the projected period, the global cosmetic filling machines market is set to enjoy a valuation of US$ 426.3 Million in 2022, and further expand at a CAGR of 3.8% to reach US$ 619.0 by the year 2032. The cosmetic filling machines sales are projected to escalate with the top 5 companies anticipated to hold around 15 to 20% of the global cosmetic filling machines market by the end of 2022.
Based on automation, the automatic cosmetic filling machines segment is projected to remain the leading segment among the other automation segments due to the high adoption of the latest technology and automation by the end-use industries. The target segment is estimated to grow 1.6 times the current market value from 2022 to 2032.
| Attributes | Details |
|---|---|
| Market Size 2022 | US$ 426.3 Million |
| Market Size 2032 | US$ 619.0 Million |
| Value CAGR (2022 to 2032) | 3.8% |
| Collective Value Share: Top 3 Countries (2022E) | 20% to 25% |
According to the FMI analysis, the cosmetic filling machines market reached US$ 411.4 Million in 2021. With the increased adoption of automation, the global cosmetic filling machines market is projected to reach US$ 619.0 Million by the end of the forecast period, expanding at a CAGR of 3.8% from 2022 to 2032.
The cosmetic filling machines market is estimated to boost during the forecast period. A new forecast by FMI anticipates that the cosmetic filling machines sale will propel during the forecast period and is projected to create an opportunity of US$ 207.6 Million from 2022 to 2032.
The global cosmetic filling machines market has grown steadily for several years at a CAGR of 3.5% during the historic period from 2015 to 2021. The global cosmetic filling machines market reached US$ 411.4 Million in 2021.
Cosmetic filling machines are used to fill liquid or powder content in the cosmetic. Cosmetic filling machines are made available in different automation types such as manual cosmetic filling machines, semi-automatic cosmetic filling machines, and automatic cosmetic filling machines. Cosmetic filling machines help in filling the cosmetics at a higher speed which saves time. Also, cosmetic filling machines reduce human error and offer accuracy in filling cosmetics. The increasing adoption of rigid containers by the various end-use industries is estimated to augment the sales of filling machines including cosmetic filling machines.
Presented by players in various top cosmetics markets, there is a huge cosmetics market in the world, expanding the market share of bottling machines around the world. Cosmetics are sold primarily through product presentations and packaging. Cosmetic packaging is often made of glass material that needs to be protected from damage, so majorly cosmetic manufacturers use rigid packaging containers to pack the product. Perfumes & deodorants are packed in cosmetics to maintain the quality of products until final consumption. This is anticipated to augment the sales of cosmetic filling machines in the cosmetic & personal care industry.
The total market value of cosmetics and personal care is estimated to be approximately US$ 84 Billion in 2021, according to important findings released by Cosmetic Europe, and is growing at a considerable pace worldwide. Within Europe, Germany and France consume the most cosmetics, estimated at around US$ 26 Bn in the same year. This shows that the growing global demand for cosmetics is directly projected to impact the global cosmetic filling machines market growth.
During the forecast period, the automatic cosmetic filling machines segment is expected to hold around 62% of the market value share by the end of the forecast period. The world is changing at a rapid pace in the world's technological fields and developed countries are spending enormous amounts of money on research and development to develop the latest technologies & products that can lead them in the world from other countries. Automatic is majorly preferred by end-use industries due to its various benefits such as high speed, accuracy, time-saving, no or fewer human contact, and others. In the next few years, all of the above causes are expected to double the market demand for automatic cosmetic filling machines.
The progression in sales of cosmetics is driving the market for cosmetic filling machines. Cosmetic packaging is generally made of beaker material which should be safe from damage. Hence, cosmetic companies often use rigid packaging containers to pack products. Germany is one of the leading sectors in the cosmetic market and Germany has remarkable shares in the cosmetic market. The cosmetic filling machine market in Germany is expected to grow at a CAGR of 3.4% during the next decade.
According to Cosmetic Europe the Personal Care Association, the market for cosmetic and personal care products within Germany is US$ 14 Bn. This will create positive growth opportunities for the cosmetic filling machine market.
China's cosmetic filling machines are anticipated to expand 1.6 times the current market value during the forecast period.
According to the International Trade Administration (ITA), the cosmetic industry in China had experienced a steady growth rate in recent years because of the increasing number of working women along with the rise in demand for premium products. This is the major factor that drives the demand for cosmetic filling machines in China.
The key players operating in the cosmetic filling machines market are trying to focus on increasing their sales and revenues by expanding their capabilities to meet the growing demand. The key players are trying to adopt a merger & acquisition strategy to expand their resources and are developing new products to meet customer needs. Also, the players are focusing on upgrading their facilities to cater to the demand. Some of the recent key developments by the leading players are as follows –
| Attribute | Details |
|---|---|
| Growth Rate | CAGR of 3.8% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | Technology, Application, Operating Speed |
| Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Middle East and Africa; Oceania |
| Key Countries Covered | USA, Canada, Germany, Italy, France, United Kingdom, Spain, Russia, Poland, Turkey, South Africa, GCC Countries, Japan, South Korea, India, China, Australia, New Zealand |
| Key Companies Profiled | E-PAK Machinery, Inc; Liquid Packaging Solutions, Inc; Bosch Packaging Technology; OPTIMA packaging group GmbH; Filling Equipment Company Inc; Accutek Packaging Equipment Company Inc; Ronchi Mario S.p.A; All-Fill Inc; Filamatic; PKB Inc; Romaco Group; Paxiom Group; GEA Group; Tokyo Automatic Machinery Works Limited; HongKong SINBON Industrial Limited |
| Customization & Pricing | Available upon Request |
In 2021, the value of the cosmetic filling machines market was US$ 411.4 Million.
During the forecast period, the cosmetic filling machines market is anticipated to expand at a CAGR of 3.8%.
the cosmetic filling machines market is expected to reach US$ 619.0 Million by the end of 2032.
During the forecast period, tubes are likely to be the fastest-growing application type segment in the cosmetic filling machines market.
E-PAK Machinery, Inc., Liquid Packaging Solutions, Inc., Bosch Packaging Technology, OPTIMA packaging group GmbH., Filling Equipment Company Inc., and Ronchi Mario S.p.A., are the top players supplementing the sales of cosmetic filling machines.
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Cosmetic Filling Machines Market
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