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Industry · municipality

The Cosmetic Packaging Industry in Vågan: Current Situation and Future Perspectives

Published 29.09.2026

An analysis of economics, companies, and opportunities for entrepreneurs in Vågan Municipality, Nordland County.

Executive Summary of the Cosmetic Packaging Industry in Vågan

The cosmetic packaging industry in Vågan is a small but dynamic sector with a single company located in the center of the municipality. The only registered company, Skintonic Svolvær As, operates in Svolvær and has shown variations in sales and employees over time. Although the sector is small-scale, data indicates potential for growth, particularly after periods of positive sales growth. Prospects for new players should be considered in light of local conditions and market needs.

Economic Overview of the Cosmetic Packaging Industry

Over time, the sales volume for the cosmetic packaging industry in Vågan has shown variations. From 2016 to 2021, sales increased from 3.0 million to 4.4 million NOK, before decreasing to 3.6 million NOK in 2025. Employees have also shown fluctuations, with an increase from 4 to 8 employees between 2016 and 2024, followed by a decline to 7 employees in 2026. This demonstrates uncertainty in the sector, but also potential for growth under favorable conditions.

Sales over time — cosmetics store — Vågan
Sales over time — cosmetics store
Number of companies — cosmetics store — Vågan
Number of companies — cosmetics store
Employees over time — cosmetics store — Vågan
Employees over time — cosmetics store

Companies in the Cosmetic Packaging Industry

There is one registered company in the cosmetic packaging industry in Vågan: Skintonic Svolvær As, which is registered at Lofotgata 33 in Svolvær. The company was established in 2013 and has 5 employees. It is organized as an AS and has total equity of 704,000 NOK. The company has not gone bankrupt, but has experienced a sales decline of -9% in the last year. There are no other companies in this sector in the municipality.

Business Geography in the Cosmetic Packaging Industry

All companies in the cosmetic packaging industry in Vågan are located in Svolvær. This shows that activity in the sector is concentrated in a single town area. Svolvær has 1 company, 5 employees, and an operating income of 3.6 million NOK. There is no activity in other town areas in the municipality. This may indicate a potential opportunity to expand to other areas in Vågan, especially if there is a need for services in these areas.

Companies by place — cosmetics store — Vågan
Companies by place — cosmetics store

Business Dynamics and Bankruptcies

There are no registered bankruptcies in the cosmetic packaging industry in Vågan in recent years. The only company, Skintonic Svolvær As, has not gone bankrupt, even though it has experienced a sales decline of -9% in the last year. This shows that the sector is stable, but there are also signs that the company has faced challenges. There are no other companies in the sector that could have influenced the market.

Outlook for Entrepreneurs in the Cosmetic Packaging Industry

For entrepreneurs considering establishing themselves in the cosmetic packaging industry in Vågan, data shows that there is a small but stable sector with potential for growth. The only company has shown variations in sales and employees, but has clearly maintained operations. It is possible to see opportunities to expand to other town areas in the municipality, especially if there is a need for services in these areas. It is also important to assess local conditions and market needs before establishing oneself.

Conclusion

The cosmetic packaging industry in Vågan is a small but dynamic sector with potential for growth. The only company has shown variations in sales and employees, but has clearly maintained operations. It is possible to see opportunities to expand to other town areas in the municipality, especially if there is a need for services in these areas. SmartGrunder can help entrepreneurs find suitable addresses and assess local conditions before establishing themselves.