Market Share of Europe Cosmetic Plastic Packaging Industry
The European cosmetic plastic packaging market is highly fragmented, with the presence of major players like Albea SA, HCP Packaging Co. Ltd, Gerresheimer AG, Berry Global Group, and Aptar Group Inc. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
- October 2022 - Berry Global partnered with Cosmos Corporation to introduce a new line of squeezable tubes for Cosmos's Texture Theory, a trademarked brand launched in July in approximately 6,000 general stores.
- October 2022 - Milliken & Company, a leader in plastics additive and colorant technology, teamed up with Huhtamaki Group, a flexible packaging firm in Finland, to create a mono-material laminate for use in tubes aimed at cosmetics, toothpaste, and other personal-care applications. Milliken claimed that its UltraGuard Solutions, which inhibit the transmission of oxygen and moisture in polyethylene, allowed the company to increase the barrier qualities of HDPE film by up to 50%.
Europe Cosmetic Plastic Packaging Market Leaders
ALBEA SA
HCP Packaging Co. Ltd
Gerresheimer AG
Berry Global Group
Aptar Group Inc.
*Disclaimer: Major Players sorted in no particular order
