Cosmetics Packaging in Namsos: Current Status and Future Prospects

The cosmetics packaging industry in Namsos is a small but stable sector with a mix of established and new players. There are six registered companies in the municipality, but only one of these (Beauty Of Fame) currently has operational results and employees. The other companies are either recently started or have no operational activity. The industry shows a weak positive development in sales (an increase of 8.8% from 2023 to 2024), but with a weaker trend in 2025. The EBITDA margin of 6% for the one operating company shows good cost efficiency, even though sales were adjusted downward by 3% in 2025 compared to 2024.

Economic trends

• Sales: Sales have varied between NOK 6.7 million and NOK 7.9 million in recent years, with a weak positive development in 2024 (NOK 7.9 million). In 2025, sales were adjusted downward to NOK 7.7 million, a decline of 2.4%.
• Employees: The number of employees has varied between 7 and 10, with a peak of 10 employees in 2023. In 2026, the number is down to 8 employees.
• EBITDA margin: The one operating company (Beauty Of Fame) has an EBITDA margin of 6%, which indicates good cost efficiency.
• Gross margin: The same company has a gross margin of 57%, which suggests good business models.

Registered companies

There are a total of six companies registered in Namsos within the cosmetics packaging industry, but only one of these (Beauty Of Fame) has current operational activity and employees. The other companies have either no operational results or are recently started:

Most of the companies were started after 2020, which indicates a certain level of interest in the sector within the municipality. Beauty Of Fame is the only company with established operations and a positive operational result.

Geographic distribution

All activities within the cosmetics packaging industry in Namsos are concentrated in the central areas of the municipality. The one operating company (Beauty Of Fame) is located at Verftsgata 2-4 in Namsos, while the other companies are distributed across less populated areas such as Namdalseid, Bangsund, and Jøa. This indicates a certain degree of dispersion in the activity, but with a clear focus on Namsos center as the main hub for operational activity.

Within the cosmetics packaging industry in Namsos, there are no registered bankruptcies among the six companies. Nevertheless, data shows a certain degree of uncertainty in the sector, as indicated by the highly varied operational results and number of employees. Most companies have no operational results, which may indicate that they are either newly started or have not yet achieved operational activity. The one operating company (Beauty Of Fame) has a stable development, but with a slight decline in sales of 3% in 2025 compared to 2024.

Future perspectives

For entrepreneurs considering starting a cosmetics packaging business in Namsos, the data shows a mix of opportunities and challenges. On one hand, there is a stable, albeit small, sector with a single operating company (Beauty Of Fame) that can serve as a reference point. On the other hand, there is a certain degree of uncertainty, as indicated by the highly varied operational results and number of employees. There is also a certain level of competitiveness from the newly started companies, which could affect the market.

A possible strategy for new players could be to focus on specialization or unique offerings that differentiate them from existing players. It could also be profitable to leverage Namsos' geographic position and potential tourist flows. SmartGrunder can help entrepreneurs find suitable locations within the municipality to maximize development potential.

The cosmetics packaging industry in Namsos is a small but stable sector with potential for growth. There is currently a mix of established and new players, with a clear focus on Namsos center as the main hub for operational activity. For entrepreneurs, it may be a challenge to compete with existing players, but there are also opportunities to establish themselves in a growing sector. It is important to consider both the market dynamics and potential competitiveness factors before deciding to start a company in the municipality.