Personal Care Packaging Market Research Report - Forecast to 2023
Rapidly growing at a CAGR of 5.2%, the Global Personal Care Packaging Market is expected to cross USD $36, 85 Billion by the end of the forecasting period 2017 - 2022. Personal Care packaging materials are often used in the packaging of health and beauty products to protect them from damage or contamination. The key drivers contributing to the growth of the Global Personal Care Packaging Market are awareness among the people about the personal care and the increased investment by the packaging companies to bring technological advancement to the industry, acknowledges the team Research Analyst of MRFR, while commenting upon this deep diving study report published by Market Research Future, presented through more than 100 market data tables and figures spread over 146 pages. Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/1838
Rapidly growing at a CAGR of 5.2%, the Global Personal Care Packaging Market is expected to cross USD $36, 85 Billion by the end of the forecasting period 2017 - 2022.
Personal Care packaging materials are often used in the packaging of health and beauty products to protect them from damage or contamination.
The key drivers contributing to the growth of the Global Personal Care Packaging Market are awareness among the people about the personal care and the increased investment by the packaging companies to bring technological advancement to the industry, acknowledges the team Research Analyst of MRFR, while commenting upon this deep diving study report published by Market Research Future, presented through more than 100 market data tables and figures spread over 146 pages.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/1838
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<strong>Personal</strong> <strong>Care</strong> <strong>Packaging</strong> <strong>Market</strong> <strong>Research</strong> <strong>Report</strong> -<br />
Global <strong>Forecast</strong> <strong>to</strong> <strong>2023</strong><br />
Industry Survey, Growth, Competitive Landscape<br />
and <strong>Forecast</strong>s <strong>to</strong> <strong>2023</strong><br />
PREPARED BY<br />
<strong>Market</strong> <strong>Research</strong> Future<br />
(Part of Wantstats <strong>Research</strong> & Media Pvt. Ltd.)
<strong>Personal</strong> <strong>Care</strong> <strong>Packaging</strong> <strong>Market</strong><br />
Global <strong>Personal</strong> <strong>Care</strong> <strong>Packaging</strong> <strong>Market</strong> Information: By Material (Plastic, Glass, Metal, Others), By Product (Bottles, Jars,<br />
Cans, Tubes, Pouches, And Others), Application (Skin <strong>Care</strong>, Cosmetics, Fragrances, Bath & Shower And Others), And Region<br />
- <strong>Forecast</strong> Till <strong>2023</strong><br />
<strong>Personal</strong> care packaging is done for various products such as cosmetics, shampoos, soaps, body creams, and oil and <strong>to</strong>iletries. It is packaged in the form<br />
of boxes, pumps, bottles and others using various materials, for instance, glass, plastics, paperboard, metal, and others and packaged. Rapid urbanization,<br />
changing consumer lifestyle, advancing packaging technology, and rising importance of packaging are attracting the consumer <strong>to</strong> use packaged products.<br />
The global <strong>Personal</strong> <strong>Care</strong> <strong>Packaging</strong> <strong>Market</strong> is likely <strong>to</strong> exceed USD 35.20 billion by <strong>2023</strong>. Innovation in the packaging technology coupled with the<br />
increasing consumption of beauty & cosmetic products is projected <strong>to</strong> propel the market during the forecast period. Rising demand for skin & hair<br />
products, growing awareness about healthy living are also expected <strong>to</strong> fuel the market growth. Additionally, high durability coupled with lighter nature<br />
providing growth opportunities during the forecasted period. However, strict regulations on the safety of the packaged products hampering the market<br />
growth.<br />
Environmental consideration is a prominent part in the personal care sec<strong>to</strong>r. Recent trend shows that brand owners are focusing on consumers’ demand<br />
for environment-friendly products and packaging by using more natural ingredients and recycled packaging. Urbanization, increased beauty<br />
sophistication, especially within age ranges, and the growing popularity of male grooming are other growth influencing fac<strong>to</strong>rs in the global market.<br />
Aging population is affecting product functionality and type of packaging such as the use of easy-grip containers.<br />
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<strong>Personal</strong> <strong>Care</strong> <strong>Packaging</strong> <strong>Market</strong><br />
Consumers are opting for both smaller and larger pack sizes. The small sized packaged products are easier for consumers <strong>to</strong> carry. Whereas, oversized<br />
beauty and personal care products are popular for daily use items such as shampoos and conditioners where consumers can get greater value for their<br />
money by buying in bulk.<br />
Innovation in the packaging is creating exciting opportunities within the packaging industry. Growth in the packaging industries coupled with<br />
increasing purchasing power of the consumers are some of the major fac<strong>to</strong>rs pushing the market growth further. Launches of innovative, value-added<br />
new products and focusing on multi-functional, convenient, easy <strong>to</strong> use, and sustainable resources are some of the major driver of this market.<br />
Segmentation<br />
The global personal care packaging market is segmented on the basis of material, which includes plastic, glass, metal, and others. Plastic accounted for<br />
the largest market size due <strong>to</strong> its convenience and hygienic qualities. On the basis of the product, it is segmented in<strong>to</strong> bottles, jars, cans, tubes, pouches,<br />
and others. By the application, it is characterized by skin care, cosmetics, fragrances, bath & shower and others. The sharp rise in the cosmetic industry<br />
is expected <strong>to</strong> drive the beauty & cosmetic packaging market in the upcoming years. By geography, it includes the Americas, Europe, Asia Pacific and<br />
the Middle East & Africa. Geographically, rising consumer preference for eco-friendly products, growing disposable incomes, increasing demand for<br />
small packaging size are some of the fac<strong>to</strong>rs driving the market growth in the Asia Pacific region.<br />
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<strong>Personal</strong> <strong>Care</strong> <strong>Packaging</strong> <strong>Market</strong><br />
The personal care industry manufactures consumer products used for beauty purposes and personal hygiene. <strong>Personal</strong> care includes products such as<br />
deodorant, perfumes, razors, shaving cream, talcum powder, <strong>to</strong>othpaste, wet wipes, etc. Flexible packaging, stand-up pouches, brand protection<br />
packaging are some of the categories expected <strong>to</strong> grow in the coming years. Surging demand for hair care and skin care products, increasing consumer<br />
awareness, rising consumption of perfumes are expected <strong>to</strong> fuel the demand for personal care packaging.<br />
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<strong>Personal</strong> <strong>Care</strong> <strong>Packaging</strong> <strong>Market</strong><br />
Towards more sustainability in the packaging<br />
Increased consumer focus <strong>to</strong>wards green packaging coupled with manufacturers growing involvement in sustainability is likely <strong>to</strong> continue growing.<br />
Refillable pouches with their lightweight and sustainable properties are expected <strong>to</strong> fuel the market growth. Developing environment-friendly packaging<br />
solutions is influencing key players and packaging manufacturers.<br />
Regional Analysis<br />
The Asia Pacific personal care packaging market is projected <strong>to</strong> grow at a high pace during the forecast period. Innovative pack formats, sizes, and<br />
functionality, increasing consumers of both personal care and grooming products pushing the market growth. Skin products and other styling products<br />
provide UV protection, which is increasing consciousness about anti-aging products further.<br />
A noticeable trend in the global market is the move <strong>to</strong>wards more eco-friendly packaging solutions. With plastic, non-biodegradable nature, other<br />
materials such as paper and glass are gaining popularity. Players are also seen experimenting with other innovative packaging materials such as<br />
melamine, and silicone. The Asia Pacific region is expected <strong>to</strong> fuel demand for personal care packaging due <strong>to</strong> increasing demand for good and<br />
luxurious products, concerned about the packaging and its regulations in regions pushing the market.<br />
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<strong>Personal</strong> <strong>Care</strong> <strong>Packaging</strong> <strong>Market</strong><br />
Key Players<br />
The key players in the global personal care packaging market includes Amcor Limited (Australia), WestRock Company (U.S.), Saint-Gobain<br />
S.A.(France)., Bemis Company, Inc. (U.S.)., Mondi Group (Austria), Sonoco Products Company (U.S.), Albéa Services S.A.S.(France), Gerresheimer<br />
AG (Germany), Ampac Holdings, LLC (U.S.), AptarGroup (U.S.), Ardagh Group (Luxembourg), and HCT <strong>Packaging</strong> Inc.( U.S.)<br />
Press Release Available @ https://www.marketresearchfuture.com/press-release/personal-care-packaging-market<br />
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