- According to data from transparency market research, the cosmetic packaging market will be valued at 330 billion dollars by 2024. The Asian market will be the major contributor.
- Some Asian countries especially China issued specific standards for cosmetic packaging production. Stakeholders who deal with cosmetic packaging may need to understand these provisions.
From 2014 to 2024, the compound growth rate of global cosmetic packaging markets remained stable at 4.4%. The Asian market was the most significant contributor to this growth representing 32.5%, and this proportion will presumably continue to grow. Cosmetic enterprises preparing to export products to the Asian market should pay attention to cosmetic packaging trends and regulatory requirements.
For example, China enacted detailed requirements for cosmetic packaging. The provision regulates allowable appearance, form, and each component's standard, etc. China also restricts package layers and interspace ratios of cosmetic packaging. For specification of cosmetic packaging regulation in China, you may visit expert article: Detailing Standards of Cosmetic Packaging in China.
ASEAN also issued requirements on cosmetic packaging. Generally, 1), the cosmetic packaging and wrapping must be able to protect its content from external impact, guarantee quality and maintain original form 2), packaging and wrapping are to comply with standards of safety for its intended users and made with non-hazardous materials 3) packaging and wrapping certifications are to be obtained and approved by FDA of each member country based on comprehensive data with non-misleading information and in accordance with the registration data.
In Korea cosmetics packaging are classified as 1) safety containers and packaging (containers and packaging designed for children under age five), 2) primary packaging (packaging that is in direct contact with the contents of cosmetics), 3) and secondary packaging (outer packaging to protect contents and attach label and claims).
Other Asian countries haven't issued specific cosmetic packaging standard, but safety should be a primary concern when designing labels.