NEWS > 13 January 2020

Cosmopack: the market data of a growing sector

Cosmoprof Worldwide Bologna is the only event representing the entire beauty industry supply chain, with Cosmopack ranging from raw materials through process and packaging machinery, to packaging and key services to the industry such as contract manufacturing and Cosmoprof presenting the finished product.

Cosmoprof is an effective multiplier of networking and business opportunities thanks to this feature and to the proximity of three shows dedicated to finished products - COSMO | Perfumery & Cosmetics and COSMO | Hair & Nail & Beauty Salon – whose exhibitors are all potential buyers for Cosmopack exhibitors.

With more than 500 companies, Cosmopack is the preminent event for the industry and a true pole of attraction, where industry leaders unveil their latest technologies, ideas and projects. Core displays in Cosmopack halls are products as raw materials, ingredients, packaging, applicators, processing and packaging machinery as well as services to the industry as contract manufacturing and full-service solutions.

THE WORLD MARKET FOR PROCESSING AND PACKAGING MACHINERIES FOR THE COSMETIC INDUSTRY

The global market of cosmetics packaging machines will grow by 2.7% per year from now until 2021. The areas with the highest potential growth are Asia (+4% average growth/year) and Africa (+5%).

These figures are provided by the Ufficio Studi Ucima, which also forecasts the market value to increase from the current EUR 2.17 billion to EUR 2.36 billion. Asia would lead (from EUR 712 to 802 mln), followed by North America (from EUR 579 to 604 mln) and the EU (from EUR 574 to 606 mln) confirming cosmetics to be a dynamic and promising industry. Cosmopack has already started marking out the various specialties of the supply chain on the show floor, a process that will end up in 2021 with an entire hall exclusively dedicated to automation, processing and packaging machines. ItaliaImballaggio - one of the major trade magazines for the packaging industry – is publishing a special issue gathering a preview of the ultimate technologies on display at Cosmopack in halls 19 PK and 20. More will be published from today till the Show will open, next March.


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