Market Share of Asia Pacific Cosmetic Packaging Industry
The Asia-Pacific Cosmetic Packaging Market is moderately competitive, accounting for the healthy competition from established players and new entrants. The industry's established players are leveraging their manufacturing capabilities and R&D to drive innovation and sustain their competitive position in the market.
In May 2022, Carlyle, a global investment firm, announced it agreed to acquire a 100% stake in HCP Packaging, a leading company in the design, development and manufacture of cosmetic packaging. Carlyle would leverage its deep sector experience in the consumer and manufacturing industries for supporting HCP as it aims to continue to scale its operations and grow its customer base across the world.
In January 2022, Kao Corporation aimed to fulfill material recycling of cosmetics bottles that are made from plastic. It is implementing field testing aimed at recycling used cosmetics bottles that have been collected and transforming them back into new bottles. The company's plan involved collecting cosmetic bottles for field testing of material recycling to turn used cosmetics bottles into new cosmetics bottles.
APAC Cosmetic Packaging Market Leaders
Amcor PLC
Albéa Group
Cosmopak Corporation
Hcp Packaging Co., Ltd.
AptarGroup Inc.
*Disclaimer: Major Players sorted in no particular order
