The cosmetic pencil and pen packaging market size is poised to reach around US$ 2,799.0 Mn by 2026, growing at a CAGR of 6.0% during the forecast period 2019 to 2026.

Cosmetic pen and pencil are the personal care products used to sketch out the beauty of the face. These are available in different colors, styles, and brands along with the application across eyeliner & kajal, lip liners, lipsticks, and lip gloss among others. These products are intended to achieve the best results and also to prevent any adverse or allergic reactions. Additionally, the features associated with the advance products include waterproof nature of the products; can be used both on lips and eyes, long shelf life, soft and smooth application, good color depth, long-lasting and vitamin E enriched.

Market Dynamics

The increasing number of working women coupled with the increasing disposable income is primarily supporting the market value. The rising focus of the female population towards aesthetic appearance is propelling the demand for cosmetics in the global market. Additionally, the increasing age-old population and their rising interest to look younger is further accelerating the demand for cosmetic products in the market. Furthermore, the introduction of advance and eco-friendly products is projected to create demand over the estimated period.

On the other hand, the availability of substitutes such as gel and liquid products are projected to hamper the growth over the estimated period from 2019 to 2026.

By Material, Plastic segment dominated the market with major share

In 2018, the Plastic segment accounted for the major share in terms of value and the segment is also projected to maintain its dominance over the forecast timeframe 2019 to 2026. The convenience and benefits associated with the plastic packaging are primarily supporting global cosmetic pencil and pen packaging market.

On the basis of Application, Eye segment registered the major share in the global market

The eye segment accounted for the major share in the cosmetic pencil and pen packaging market in 2018 due to the number of individual applications in the segment including eyeliner & kajal, eye shadow, eyebrow, and mascara. The eye is the primary focus of face to increase aesthetic appearance is the feature supporting the segmental growth. The rising development of various products by prominent manufacturers such as different color kajal and eye shadow is further projected to enhance demand over the estimated period.

Wooden pencil segment projected to register major share over the forecast period

By product type, wooden pencil segment is anticipated to account major share throughout the forecast period particularly due to increasing environmental concern and initiatives to cut down usage of plastic products. The eco friendly nature of wooden pencil is primarily expected to support segmental growth over the estimated period.

The market research study on “Cosmetic Pencil and Pen Packaging Market– Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026”, offers a detailed insight into the global Cosmetic Pencil and Pen Packaging market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global Cosmetic Pencil and Pen Packaging market size and volume, and segment markets by product type, application, and geography along with the information on companies operating in the market. The Cosmetic Pencil and Pen Packaging market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America and Middle East and Africa. For each region, the market size and volume for different segments have been covered under the scope of the report.

Asia Pacific anticipated to exhibit major growth over the forecast period

In terms of region, Asia Pacific is anticipated to experience the fastest growth throughout the forecast period due to increasing female working-class population. The increasing disposable income coupled with increasing urban population and rising investment by global manufacturers in the regional market due to growing economic conditions in economies like China and India is further contributing to the regional market value.

The players profiled in the report include A.W. Faber-Castell Cosmetics GmbH, Schwan-STABILO Cosmetics GmbH & Co. KG, Alkos Cosmétiques S.A., Intercos Spa, Oxygen Development LLC, JOVI S.A., Swallowfield PLC, CONFALONIERI MATITE S.R.L., Columbia Cosmetics Manufacturing, Inc., Quadpack Sapin SL, Eugeng International Trade Co., Ltd., Ningbo Beautiful Daily Cosmetic Packaging Co., Ltd., The Packaging Company, HCT Group, and Alovey Cosmetic Packaging Co. Ltd.

Market Segmentation

Market By Material

• Glass
• Paper
• Metal
• Wood
• Plastic

Market By Product Type

• Wooden Pencil
• Moulded Pencil
• Mechanical Pencil

Market By Application

• Eye
• Lip
• Concealer Pencil
• Clean-up Pencil
• Cheek Balm
• Sculpting Pencil
• Skin Glossing Pencil

Market By Geography

North America

• U.S.
• Canada

Europe

• UK
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC
• South Africa
• Rest of Middle East & Africa

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