Contract Packaging Market Share

North America Market Forecast

The North America region contract packaging market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The growth of the market can be ascribed to the rising demand for beauty products, the increasing number of heterosexual men using make-up, increasing acquisitions and geographical expansions, and others. It was observed that the cosmetics segment in the United States reached around USD 18 billion in 2022 while the revenue generated per person was estimated to be about 50 U.S. dollars. Therefore, such factors are estimated to propel the growth of the market during the forecast period.