Packaging rides K-beauty wave: Shares of cosmetics container makers soar

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To support this growth, Pumtech plans to open its fourth manufacturing facility later this year and launch a sales office in New York to tap into international demand.“Export volumes from domestic indie beauty brands continue to set new records each month, translating into consistent order highs for Pumtech,” said DB Financial Investment analyst Heo Je-na, who on Monday offered her target price for the stock to 70,000 with a buy recommendation.

SK Securities, which expects SMCG’s operating profit to surge 130% to 12 billion won this year from last year, has assigned a target price of 7,500 won.“The glass packaging segment is positioned to benefit from broader ESG trends amid intensifying competition in the global beauty market,” said SK Securities analyst Heo Sun-jae.

The spotlight has turned to firms like Pumtech Korea Co.and SMCG Co., key players in the packaging value chain that are now riding the coattails of a broader cosmetics industry boom.

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Article Details

Category: Economy

Markets: South Korea

Topics: Smcg Billion Global Beauty Year Cosmetics Korea Pumtech Korea’s Packaging Brands

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-21 @ 17:41:19 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 562 words

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Copyright Owner: © Korea Economic Daily

News ID: 28095107

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