Home Care Packaging Market Research Report - Global Forecast to 2023

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Global Home care packaging Market Report by Product (Dishwashing, Insecticides, Laundry Care, Toiletries, Polishes, Air Care and Others), By Material (Plastic, Paper, Metal and Glass), By Packaging Type (Bottles, Cans, Cartons, Jars, Pouches and Others) and By Region - Global Forecast to 2023.

Home Care Packaging Packaging Market

Market Research Report By Forecast To 2023

Industry Survey, Growth, Competitive Landscape

and Forecasts to 2023

PREPARED BY

Market Research Future

(Part of Wantstats Research & Media Pvt. Ltd.)


Home Care Packaging Packaging Market Market Research Report - Forecast to

2023

Global Home care packaging Market Report by Product (Dishwashing, Insecticides, Laundry Care,

Toiletries, Polishes, Air Care and Others), By Material (Plastic, Paper, Metal and Glass), By Packaging Type

(Bottles, Cans, Cartons, Jars, Pouches and Others) and By Region - Global Forecast to 2023.

Global home care packaging market has witnessed gradual growth in recent years, and is expected to witness steady growth

in the forecast period. Home care market is growing considerably as the number of people opting for home care services

rather than medical care in hospitals is increasing day by day. Home care services are cost effective and hence mostly

preferred by patients. The global market for home care products is growing, significantly, due to increasing adoption of

these packages in developed economies. However, it is expected to witness an increase in demand in developing countries

in near future due to the growing awareness about home care services. Growing health awareness, improving standards of

living, and increase in per capita income of people are some of the reasons driving the growth of home care industry.

Currently, there are number of players engaged in the business of home care product manufacturing. Wide range of product

availability and variation in prices, also fuel the market growth. Packaging innovation, and technological developments for

better results, are some other factors driving the market growth.

In the recent years, home care products market has witnessed a lot of growth due to the increasing per capita income of

individuals in the developing countries, and their preference to lead a healthier lifestyle. Improving standards of living, also

act as a key factor for the growth of the market. Demand for home care products has been on an upward trend, especially,

as the consumers, with growing health awareness, tend to avoid expensive medical care costs. To keep up with this

demand, home care packaging industry has ramped up their offerings to differentiate between multiple packaging

solutions, conveying useful information, without compromising on the safety standards. The packaging market for home

care products is set to record high growth during the forecast period.

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Home Care Packaging Packaging Market Market Research Report - Forecast to

2023

Segmentation of Global Home Care Packaging Packaging Market

Global home care packaging market has been segmented based on product, material, packaging type and region. Based on

product the market is segmented as dishwashing, insecticides, laundry care, toiletries, polishes, air care and others. Among

these, the toiletries products, is projected to dominate the home care packaging market through 2023. The dominant

position of this segment can be attributed to the rising hygiene concern among all class of people, across the globe. Based

on the material the market has been segmented as plastic, paper, metal and glass. Plastic dominated the market in 2016

and is projected to be the fastest-growing material type. The wide application of plastic across all major packaging type is

creating a good market for plastic as a material for global home care packaging market. Based on the packaging market, the

market is segmented as bottles, cans, cartons, jars, pouches and others. Bottles segment dominated the market in 2016 and

is projected to be the fastest-growing packaging type, owing to the convenience in storage, transporting and flexibility to

handle all kind of home care products.

The market is expected to have a huge number of new entrants over the forecast period, owing to continuous

developments in packaging industry with growing consumer preferences for high hygiene. The market is also expected to

have high expansion activities by multinationals and well-established companies. Merger and acquisition activities are

expected to be seen over the forecast period.

The global home care packaging market is expected to grow at ~ 8.5% CAGR during the forecast period.

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Home Care Packaging Packaging Market Market Research Report - Forecast to

2023

Segmentation

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Home Care Packaging Packaging Market Market Research Report - Forecast to

2023

Global Home Care Packaging Packaging Market

The global home care packaging market is expected to witness phenomenal growth during the forecast period. This is due

to the considerable growth in the packaging industry with population boom along with rise in disposable income. The

growth is primarily attributed to rising incomes from the economic growth with growing concern over proper hygiene

maintenance in various countries, which is likely to continue during the forecast years. The Asia Pacific region accounted for

the largest share of the home care packaging market in 2016, wherein China was the largest country-level market, followed

by India and Japan. Rising population with tremendous economic growth has resulted into a prenominal growth for home

care products in the region and subsequently resulted in the growth of the home care packaging market.

Key Players

The key players of global home care packaging market are Amcor Limited (Australia), Mondi (South Africa), Bemis Company,

Inc. (U.S.), Rexam plc (U.K), RPC Group (U.K.), Winpak Ltd. (Canada), AptarGroup, Inc. (U.S.), Sonoco Products Company

(U.S.), Silgan Holdings (U.S.), and Tetra Laval (Switzerland).

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