[250 Pages Report] The global lip gloss tube market is projected to reach nearly US$ 2 Billion by 2022, registering growth at a CAGR of ~4.5% - 5.5% during the forecast period (2022-2032). By 2032, the overall sales of lip gloss tube are estimated to reach US$ 3.5 Billion owing to the growing demand for lip care products across the globe.
Report Attribute | Details |
---|---|
Lip Gloss Tube Market Expected Market Value (2022) | ~US$ 2 Billion |
Lip Gloss Tube Market Anticipated Forecast Value (2032) | ~US$ 3.5 Billion |
Lip Gloss Tube Market Projected Growth Rate (2022 to 2032) | ~4.5% - 5.5% CAGR |
Lip gloss is a thick liquid or soft solid product that is generally applied to get a glossy, lush, and subtle color-like appearance for the lips. Growth in the market is driven by growing awareness regarding the importance of physical appearance.
Besides this, key companies are developing protective, innovative, and convenient packaging for safe storage and transport of the cosmetic products. This is likely to boost the lip gloss tube market in the forthcoming years.
Moreover, creative advertisements and endorsements of lip care products by celebrities and social media influencers are driving the sales of lip gloss tubes. This is anticipated to create lucrative prospects for the market.
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Increasing demand for appealing and easy-to-use squeezable tubes is encouraging the manufacturers to develop innovative packaging solutions. This is one of the key factors propelling the demand in the market.
Additionally, rising awareness regarding the side effects of lip augmentation is spurring the demand for various types of lip care products such as lip gloss, lip sticks, and lip balms. This is anticipated to boost the growth in the lip gloss tube market.
Further, key manufacturers are developing matte varnish and glitter coatings lip gloss to enhance their shelf visibility. Also, the use of laminated tubes owing to its oxygen and moisture blocking capacity is estimated to surge the demand for lip gloss tube in the market.
High cost of the raw materials used in the manufacturing of lip gloss tubes might impede the growth in the lip gloss tube market, finds Future Market Insights (FMI). In addition to this, the rising need to reduce packaging waste during the manufacturing will further limit the sales in the market.
Besides this, demand for eco-friendly packaging solutions is projected to increase, reducing the application of single-use plastics. Such variations in the packaging is likely to hamper the demand in the coming years.
Apart from this, use of toxic substances such as oxybenzone, parabens, menthol phenol, and salicylic acid in the lip gloss are restricting the sales of lip gloss. This is projected to inhibit the growth in the lip gloss tube market.
According to Future Market Insights (FMI), growing consciousness regarding physical appearance is increasing the use of personal care and cosmetic products. This is predicted to increase the adoption of lip care products such as lip gloss across India, Malaysia, Singapore, and China.
Moreover, penetration of social media platform have provided an innovative way for key players to invest in advertisements and endorsements. This is expected to propel the demand for lip gloss.
As per FMI, North America is estimated to dominate the market during the forecast period owing to the increasing demand for cosmetic products, especially lip gloss, among the women in the U.S.
Also, to increase their revenue, key players are developing attractive packaging for lip care products and are also adopting strategies such as mergers and acquisitions. This is projected to spur the demand for lip gloss tubes in the forthcoming years. For instance, in 2018, Quadpack acquired a global supplier of beauty packaging named East Hill Industries.
This acquisition was completed in 2021 and Quadpack Americas LLC was established. Thus, growing presence of top players such as Berlin Packaging LLC and Quadpack Americas LLC in the region is expected to create prolific growth opportunities in the market.
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Some of the key players profiled in the global lip gloss tube market include SKS Bottle & Packaging Inc., I. TA Plastics Tube Co. Ltd., Berlin Packaging LLC, The Packaging Company, Suzhou Valcon Tube Co. Ltd., World Wide Packaging LLC, Raepak Ltd., HCP Packaging, and Libo Cosmetics Company Ltd., among others.
Key manufacturers are currently developing innovative packaging solutions to reduce carbon emission and increase the shelf life of the products. Such initiatives are likely to aid the companies to strengthen their position in the market.
Report Attribute | Details |
---|---|
Growth Rate | CAGR ~4.5% - 5.5% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2015 to 2020 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered | Product Type, Material, Capacity, Region |
Regions Covered | North America; Latin America; Western Europe; Eastern Europe; APEJ; Japan; Middle East and Africa |
Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa |
Key Companies Profiled | SKS Bottle & Packaging Inc.; I. TA Plastics Tube Co. Ltd.; Berlin Packaging LLC; The Packaging Company; Suzhou Valcon Tube Co. Ltd.; World Wide Packaging LLC; Raepak Ltd.; HCP Packaging; Libo Cosmetics Company Ltd. |
Customization | Available Upon Request |
The global lip gloss tube market is anticipated to reach a market revenue of nearly US$ 2 Bn in 2022.
North America is anticipated to dominate the global lip gloss tube market owing to the increasing demand for lip care products in the U.S.
The global lip gloss tube market is estimated to reach a valuation of nearly US$ 3.5 Bn by 2032.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Impact of Covid-19 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Macro Factors and Forecast Factors 3.4. Value Chain Analysis 3.4.1. Profit Margin Analysis 3.4.2. Raw Material Suppliers 3.4.3. Manufacturers, Wholesalers and Distributors 3.4.4. End Users/ Customers 3.5. Regional Parent Market Outlook 3.6. Production and Consumption Statistics 3.7. Global Average Pricing Analysis Benchmark 4. Global Lip Gloss Tube Market Analysis 2015-2021 and Forecast, 2022-2032 4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2015-2021 4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Lip Gloss Tube Market Analysis 2015–2021 and Forecast 2022–2032, By Material 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis by Material, 2015-2021 5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast by Material, 2022-2032 5.3.1. Plastic 5.3.2. Metal 5.4. Y-o-Y Growth Trend Analysis by Material, 2015-2021 5.5. Absolute $ Opportunity Analysis by Material, 2022-2032 6. Global Lip Gloss Tube Market Analysis 2015–2021 and Forecast 2022–2032, By Product Type 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis by Product Type, 2015-2021 6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast by Product Type, 2022-2032 6.3.1. Squeeze tubes 6.3.2. Rigid Tubes 6.4. Y-o-Y Growth Trend Analysis by Product Type, 2015-2021 6.5. Absolute $ Opportunity Analysis by Product Type, 2022-2032 7. Global Lip Gloss Tube Market Analysis 2015–2021 and Forecast 2022–2032, By Closure 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis by Closure, 2015-2021 7.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast by Closure, 2022-2032 7.3.1. Stand-Up Cap 7.3.2. Flip-Top Cap 7.4. Y-o-Y Growth Trend Analysis by Closure, 2015-2021 7.5. Absolute $ Opportunity Analysis by Closure, 2022-2032 8. Global Lip Gloss Tube Market Analysis 2015–2021 and Forecast 2022–2032, By Region 8.1. Introduction / Key Findings 8.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis by Region, 2015-2021 8.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast by Region, 2022-2032 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. East Asia 8.3.5. South Asia 8.3.6. Oceania 8.3.7. Middle East and Africa (MEA) 8.4. Market Attractiveness Analysis, by Region 9. North America Lip Gloss Tube Market Analysis 2015–2021 and Forecast 2022–2032, By Country 9.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis by Market Taxonomy, 2015-2021 9.2. Market Size Value (US$ Mn) & Volume (Units) Forecast by Market Taxonomy, 2022-2032 9.2.1. By Country 9.2.1.1. U.S. 9.2.1.2. Canada 9.2.2. By Material 9.2.3. By Product Type 9.2.4. By Closure 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Material 9.3.3. By Product Type 9.3.4. By Closure 9.4. Key Takeaways 10. Latin America Lip Gloss Tube Market Analysis 2015–2021 and Forecast 2022–2032, By Country 10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis by Market Taxonomy, 2015-2021 10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast by Market Taxonomy, 2022-2032 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Argentina 10.2.1.4. Chile 10.2.1.5. Peru 10.2.1.6. Rest of Latin America 10.2.2. By Material 10.2.3. By Product Type 10.2.4. By Closure 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Material 10.3.3. By Product Type 10.3.4. By Closure 10.4. Key Takeaways 11. Europe Lip Gloss Tube Market Analysis 2015–2021 and Forecast 2022–2032, By Country 11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis by Market Taxonomy, 2015-2021 11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast by Market Taxonomy, 2022-2032 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. Italy 11.2.1.3. France 11.2.1.4. U.K. 11.2.1.5. Spain 11.2.1.6. BENELUX 11.2.1.7. Nordic 11.2.1.8. Russia 11.2.1.9. Poland 11.2.1.10. Rest of Europe 11.2.2. By Material 11.2.3. By Product Type 11.2.4. By Closure 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Material 11.3.3. By Product Type 11.3.4. By Closure 11.4. Key Takeaways 12. East Asia Lip Gloss Tube Market Analysis 2015–2021 and Forecast 2022–2032, By Country 12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis by Market Taxonomy, 2015-2021 12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast by Market Taxonomy, 2022-2032 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.2. By Material 12.2.3. By Product Type 12.2.4. By Closure 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Material 12.3.3. By Product Type 12.3.4. By Closure 12.4. Key Takeaways 13. South Asia Lip Gloss Tube Market Analysis 2015–2021 and Forecast 2022–2032, By Country 13.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis by Market Taxonomy, 2015-2021 13.2. Market Size Value (US$ Mn) & Volume (Units) Forecast by Market Taxonomy, 2022-2032 13.2.1. By Country 13.2.1.1. India 13.2.1.2. Thailand 13.2.1.3. Malaysia 13.2.1.4. Indonesia 13.2.1.5. Rest of South Asia 13.2.2. By Material 13.2.3. By Product Type 13.2.4. By Closure 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Material 13.3.3. By Product Type 13.3.4. By Closure 13.4. Key Takeaways 14. Oceania Lip Gloss Tube Market Analysis 2015–2021 and Forecast 2022–2032, By Country 14.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis by Market Taxonomy, 2015-2021 14.2. Market Size Value (US$ Mn) & Volume (Units) Forecast by Market Taxonomy, 2022-2032 14.2.1. By Country 14.2.1.1. Australia 14.2.1.2. New Zealand 14.2.2. By Material 14.2.3. By Product Type 14.2.4. By Closure 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Material 14.3.3. By Product Type 14.3.4. By Closure 14.4. Key Takeaways 15. Middle East & Africa Lip Gloss Tube Market Analysis 2015–2021 and Forecast 2022–2032, By Country 15.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis by Market Taxonomy, 2015-2021 15.2. Market Size Value (US$ Mn) & Volume (Units) Forecast by Market Taxonomy, 2022-2032 15.2.1. By Country 15.2.1.1. GCC Countries 15.2.1.2. Turkey 15.2.1.3. Northern Africa 15.2.1.4. South Africa 15.2.1.5. Rest of MEA 15.2.2. By Material 15.2.3. By Product Type 15.2.4. By Closure 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By Material 15.3.3. By Product Type 15.3.4. By Closure 15.4. Key Takeaways 16. Country wise Lip Gloss Tube Market Analysis 16.1. United States (U.S.) 16.1.1. Market Share Analysis, 2022 16.1.2. By Material 16.1.3. By Product Type 16.1.4. By Closure 16.2. Canada 16.2.1. Market Share Analysis, 2022 16.2.2. By Material 16.2.3. By Product Type 16.2.4. By Closure 16.3. Brazil 16.3.1. Market Share Analysis, 2022 16.3.2. By Material 16.3.3. By Product Type 16.3.4. By Closure 16.4. Mexico 16.4.1. Market Share Analysis, 2022 16.4.2. By Material 16.4.3. By Product Type 16.4.4. By Closure 16.5. Germany 16.5.1. Market Share Analysis, 2022 16.5.2. By Material 16.5.3. By Product Type 16.5.4. By Closure 16.6. Italy 16.6.1. Market Share Analysis, 2022 16.6.2. By Material 16.6.3. By Product Type 16.6.4. By Closure 16.7. France 16.7.1. Market Share Analysis, 2022 16.7.2. By Material 16.7.3. By Product Type 16.7.4. By Closure 16.8. Spain 16.8.1. Market Share Analysis, 2022 16.8.2. By Material 16.8.3. By Product Type 16.8.4. By Closure 16.9. U.K. 16.9.1. Market Share Analysis, 2022 16.9.2. By Material 16.9.3. By Product Type 16.9.4. By Closure 16.10. Russia 16.10.1. Market Share Analysis, 2022 16.10.2. By Material 16.10.3. By Product Type 16.10.4. By Closure 16.11. China 16.11.1. Market Share Analysis, 2022 16.11.2. By Material 16.11.3. By Product Type 16.11.4. By Closure 16.12. Japan 16.12.1. Market Share Analysis, 2022 16.12.2. By Material 16.12.3. By Product Type 16.12.4. By Closure 16.13. India 16.13.1. Market Share Analysis, 2022 16.13.2. By Material 16.13.3. By Product Type 16.13.4. By Closure 16.14. GCC Countries 16.14.1. Market Share Analysis, 2022 16.14.2. By Material 16.14.3. By Product Type 16.14.4. By Closure 16.15. Australia 16.15.1. Market Share Analysis, 2022 16.15.2. By Material 16.15.3. By Product Type 16.15.4. By Closure 17. Market Structure Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Market Share Analysis of Top Players 17.3.1. By Region 17.3.2. By Product Portfolio 18. Competition Analysis 18.1. Competition Deep Dive 18.1.1. Albea S.A. 18.1.1.1. Overview 18.1.1.2. Product Portfolio 18.1.1.3. Profitability by Market Segments (Product/Channel/Region) 18.1.1.4. Sales Footprint 18.1.1.5. Strategy Overview 18.1.1.5.1. Marketing Strategy 18.1.1.5.2. Product Strategy 18.1.1.5.3. Channel Strategy 18.1.2. Essel Propack Ltd. 18.1.2.1. Overview 18.1.2.2. Product Portfolio 18.1.2.3. Profitability by Market Segments (Product/Channel/Region) 18.1.2.4. Sales Footprint 18.1.2.5. Strategy Overview 18.1.2.5.1. Marketing Strategy 18.1.2.5.2. Product Strategy 18.1.2.5.3. Channel Strategy 18.1.3. CCL Industries Inc. 18.1.3.1. Overview 18.1.3.2. Product Portfolio 18.1.3.3. Profitability by Market Segments (Product/Channel/Region) 18.1.3.4. Sales Footprint 18.1.3.5. Strategy Overview 18.1.3.5.1. Marketing Strategy 18.1.3.5.2. Product Strategy 18.1.3.5.3. Channel Strategy 18.1.4. Berry Global Group 18.1.4.1. Overview 18.1.4.2. Product Portfolio 18.1.4.3. Profitability by Market Segments (Product/Channel/Region) 18.1.4.4. Sales Footprint 18.1.4.5. Strategy Overview 18.1.4.5.1. Marketing Strategy 18.1.4.5.2. Product Strategy 18.1.4.5.3. Channel Strategy 18.1.5. Ctl-Th Packaging SI 18.1.5.1. Overview 18.1.5.2. Product Portfolio 18.1.5.3. Profitability by Market Segments (Product/Channel/Region) 18.1.5.4. Sales Footprint 18.1.5.5. Strategy Overview 18.1.5.5.1. Marketing Strategy 18.1.5.5.2. Product Strategy 18.1.5.5.3. Channel Strategy 18.1.6. Linhardt GmbH & Co. KG 18.1.6.1. Overview 18.1.6.2. Product Portfolio 18.1.6.3. Profitability by Market Segments (Product/Channel/Region) 18.1.6.4. Sales Footprint 18.1.6.5. Strategy Overview 18.1.6.5.1. Marketing Strategy 18.1.6.5.2. Product Strategy 18.1.6.5.3. Channel Strategy 18.1.7. Montebello Packaging 18.1.7.1. Overview 18.1.7.2. Product Portfolio 18.1.7.3. Profitability by Market Segments (Product/Channel/Region) 18.1.7.4. Sales Footprint 18.1.7.5. Strategy Overview 18.1.7.5.1. Marketing Strategy 18.1.7.5.2. Product Strategy 18.1.7.5.3. Channel Strategy 18.1.8. Huhtamaki Oyj 18.1.8.1. Overview 18.1.8.2. Product Portfolio 18.1.8.3. Profitability by Market Segments (Product/Channel/Region) 18.1.8.4. Sales Footprint 18.1.8.5. Strategy Overview 18.1.8.5.1. Marketing Strategy 18.1.8.5.2. Product Strategy 18.1.8.5.3. Channel Strategy 18.1.9. Intrapac International Corporation 18.1.9.1. Overview 18.1.9.2. Product Portfolio 18.1.9.3. Profitability by Market Segments (Product/Channel/Region) 18.1.9.4. Sales Footprint 18.1.9.5. Strategy Overview 18.1.9.5.1. Marketing Strategy 18.1.9.5.2. Product Strategy 18.1.9.5.3. Channel Strategy 18.1.10. Plastube Inc. 18.1.10.1. Overview 18.1.10.2. Product Portfolio 18.1.10.3. Profitability by Market Segments (Product/Channel/Region) 18.1.10.4. Sales Footprint 18.1.10.5. Strategy Overview 18.1.10.5.1. Marketing Strategy 18.1.10.5.2. Product Strategy 18.1.10.5.3. Channel Strategy 18.1.11. Burhani Group of Industries 18.1.11.1. Overview 18.1.11.2. Product Portfolio 18.1.11.3. Profitability by Market Segments (Product/Channel/Region) 18.1.11.4. Sales Footprint 18.1.11.5. Strategy Overview 18.1.11.5.1. Marketing Strategy 18.1.11.5.2. Product Strategy 18.1.11.5.3. Channel Strategy 18.1.12. Hoffmann Neopac AG 18.1.12.1. Overview 18.1.12.2. Product Portfolio 18.1.12.3. Profitability by Market Segments (Product/Channel/Region) 18.1.12.4. Sales Footprint 18.1.12.5. Strategy Overview 18.1.12.5.1. Marketing Strategy 18.1.12.5.2. Product Strategy 18.1.12.5.3. Channel Strategy 19. Assumptions and Acronyms Used 20. Research Methodology
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