Summary
Global Personal Care Packaging Trends Market Future Scope, Size, Share, Trends, Analysis By Material (Plastic, Glass, Metal, Others), By Product (Bottles, Jars, Cans, Tubes, Pouches, And Others), Application (Skin Care, Cosmetics, Fragrances, Bath & Shower And Others), And Region - Forecast Till 2023
Personal Care Packaging Trends Market Overview
The global Personal Care Packaging Trends market was analyzed by Market Research Future (MRFR) and it was projected that a notable CAGR will be attained by the market over the forecast period of 2017 to 2023. The valuation of the Personal Care Packaging Trends market was further stated to surpass its previous figure to reach a projected valuation of USD 35.20 Billion by 2023.
The global Personal Care Packaging Trends market is experiencing a sharp increase in terms of growth due to the rising sales volume of personal care products through ecommerce channels. The companies in the market are investing more and more in R&D activities for new development of products and innovation. Add to this, the increasing income of consumers and awareness about health is contributing to the overall growth of the market. Also, there is a rising demand for anti-aging products in the industry and it is expected to open new opportunities for the market in the coming years
Segmentation
The global Personal Care Packaging Trends market has been segmented in terms of material, application, and product.
By material, the market includes metal, plastic, glass, and others. The market is led by the plastic segment and is predicted to remain the same over the forecast period. The growth and standings of the plastic segment is due to the hygienic and convenience features it offers.
By product, the market segments into tubes, cans, jars, pouches, bottles, and others.
By application, the market comprises fragrances, skin care, cosmetics, bath & shower, and others. Over the years, a considerable rise has been noticed in the cosmetic industry, one which will have a positive impact over the global Personal Care Packaging Trends market.
Key Players
The global Personal Care Packaging Trends market comprises a host of key players. This includes names like
- Saint-Gobain S.A.(France)
- Amcor Limited (Australia)
- Ampac Holdings, LLC (U.S.)
- Bemis Company, Inc. (U.S.)
- Ardagh Group (Luxembourg)
- WestRock Company (U.S.)
- Sonoco Products Company (U.S.)
- Mondi Group (Austria)
- AptarGroup (U.S.)
- Albéa Services S.A.S.(France)
- Gerresheimer AG (Germany)
- HCT Packaging Inc.( U.S.), and others.
Regional Analysis
The global Personal Care Packaging Trends market is geographically distributed across the following key regions: Asia Pacific, North America, Europe, and Rest-of-the-World (RoW).
The Asia Pacific region leads the global Personal Care Packaging Trends market. The regional market is expected to remain in the lead over the forecast period as well. The expanding range of product in personal care based on e-retailing and affordability are majorly pushing the need for packaging in the industry. Due to the increasing disposable incomes of consumers, they have increased their spending on premium quality personal care products. Add to this, the increasing percentage of manufacturing facilities for personal care goods and items in the Asia Pacific region is also pushing the growth of the market.
Elsewhere, the European regional market is projected to grow during the forecast period with the highest CAGR. In Europe, the personal care products industry is witnessing heavy investments on R&D activities. Increasing R&D activities is making companies lay focus on manufacturing products in accordance to the gender, age, ethnicity, geography and climate, health, wellbeing, and lifestyle of individuals. This is stimulating a positive growth in the European Personal Care Packaging Trends market.
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Adroit Market Research published a study titled, “Global Personal Care Packaging Market Size 2017, by Product (Flexible, Rigid plastics, Paper, Metal and Glass), by Application (Skin care, Hair care, Bath & Shower, Fragrances and others), by Packaging type (Bottles, Cans, Cartons, Jars, Tubes, Pouches and others) and by Region and Forecast 2018 to 2025”.Request PDF sample copy at: https://www.adroitmarketresearch.com/contacts/request-sample/357The report consists of global personal care packaging market trends such as such as drivers, restraints and opportunities.
Porter’s Five Forces analysis, PESTEL analysis, and value chain analysis are the analytical tools utilized in the published study in order to gain a better understanding of the global personal care packaging market.
Additionally, innovation in packaging technology, increasing awareness about personal health and high demand of cosmetics and beauty products across the world have propelled the growth of personal care packaging market.Read details of the report at: https://www.adroitmarketresearch.com/industry-reports/personal-care-packaging-marketBased on the product, the global personal care packaging market is segmented into flexible, rigid plastics, paper, metal and glass.
Factors such as sustainability and convenience will drive the rise of the flexible products in the coming years.On the basis of application, the global personal care packaging market is bifurcated into skin care, hair care, bath & shower, fragrances and others.
Skin care products have the highest demand in both developed as well as developing nations owing to the growing awareness of skin care among the consumers.
Asia-Pacific region held majority of the market in 2017 and is anticipated to have the highest growth rate of 8.1% from the period 2018 to 2025.
Global Personal Care Packaging Market Information: By Material (Plastic, Glass, Metal, Others), By Product (Bottles, Jars, Cans, Tubes, Pouches, And Others), Application (Skin Care, Cosmetics, Fragrances, Bath & Shower And Others), And Region - Forecast Till 2023Market Synopsis Personal care packaging is done for various products such as cosmetics, shampoos, soaps, body creams, and oil and toiletries.
It is packaged in the form of boxes, pumps, bottles and others using various materials, for instance, glass, plastics, paperboard, metal, and others and packaged.
However, strict regulations on the safety of the packaged products hampering the market growth.Get Sample Report @ https://www.marketresearchfuture.com/sample_request/1838 Environmental consideration is a prominent part in the personal care sector.
Recent trend shows that brand owners are focusing on consumers’ demand for environment-friendly products and packaging by using more natural ingredients and recycled packaging.
Whereas, oversized beauty and personal care products are popular for daily use items such as shampoos and conditioners where consumers can get greater value for their money by buying in bulk.
The sharp rise in the cosmetic industry is expected to drive the beauty & cosmetic packaging market in the upcoming years.
