Personal Care Packaging Market Research Report 2018 published By Market Research Future, provides information on Global Personal Care Packaging Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and Segmentation 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
Global Personal Care Packaging Market To Exceed The Valuation Of USD 35.20 Bn By The End Of 2023
Packaging of personal care products such cosmetics, shampoos, body lotions, oils, soaps and others is important as it protects the product from degrading due to external factors and maintains its integrity. Market Research Future (MRFR) has published a detailed report asserting that the global personal care packaging market is marked to expand remarkably and exceed the valuation of USD 35.20 Bn by the end of 2023.
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The prominent players profiled by MRFR that are operating in the global personal care packaging market are-
- Amcor Limited (Australia)
- WestRock Company (the U.S.)
- Saint-Gobain S.A.(France).
- Bemis Company Inc. (the U.S.).
- Mondi Group (Austria)
- Sonoco Products Company (the U.S.)
- Albéa Services S.A.S.(France)
- Gerresheimer AG (Germany)
- Ampac Holdings, LLC (the U.S.)
- AptarGroup (the U.S.)
- Ardagh Group (Luxembourg)
- HCT Packaging Inc. (the U.S.).
The leading players in the global market are focusing on business expansion through strategic mergers and acquisitions. For instance, In December 2018, Unilever, a transnational consumer goods company and Veolia, have announced their partnership in order to launch new products with sustainable packaging.
Market Drivers and Restraints:
Changing lifestyle and shift of consumer preference have induced high demand for personal care products as they are being utilized at a massive scale on a daily basis. Packaging of personal care products is an important factor as it increases the shelf life of the product and maintains product integrity. Rapid technological advancement in packaging industry and increased consumption of skin and hair products are majorly fueling the growth of the global personal care packaging market.
Environmental awareness plays a prominent role in personal care sector. Hence, utilization of biodegradable and recyclable materials for packaging purpose and increasing government initiatives for promoting the utilization of recycled materials for packaging are propelling the growth of the global personal care packaging market. However, stringent regulatory framework on utilization of polyethylene as a raw material for packaging purpose is likely to restrain the growth of the global personal care packaging market during the forecast period.
The global personal care packaging market has been segmented on the basis of material, product and application. Based on material, the personal care packaging market has been segmented into plastic, glass, metal and others. The plastic segment commands the major share in the global personal care packaging market owing to the high consumer demand and low manufacturing cost of plastic-based packaging. Based on product, the personal care packaging market has been segmented into bottles, jars, cans, tubes, pouches and others. Based on application, the personal care packaging market has been segmented into skin care, cosmetics, fragrance, bath & shower and others.
Geographically, the global personal care packaging market has been segmented into four major regions such as the Americas, Europe, Asia Pacific and the Middle East and Africa. The Asia Pacific region commands the major share in the global personal care packaging market owing to the rapid expansion of the packaging industry in the emerging economies as a result of high availability of cheap labor and low cost of raw materials in this region. Inclination towards eco-friendly packaging that includes the use of biodegradable and recyclable materials and high demand for personal care products are propelling the growth of the personal care packaging market in the Americas region. The personal care packaging market in the Europe region is anticipated of expand at a noteworthy growth rate in the global market owing to the increased research and development activities in the packaging industry and rise in demand for personal care products in this region.
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Table of Content
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Bargaining Power of Suppliers
3.1.4 Threat of Substitutes
3.1.5 Segment Rivalry
3.2 Value Chain/supply Chain Analysis
4 Market Dynamics
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
List of Tables
Table 1 Global Market: by Region, 2017-2023
Table 2 Americas Market: by Country, 2017-2023
Table 3 Europe Market: by Country, 2017-2023
Table 4 Asia-pacific Market: by Country, 2017-2023
Table 5 Row Market: by Country, 2017-2023
Table 6 Global Market by Materials , by Regions, 2017-2023
Table 7 Americas Market by Materials , by Country, 2017-2023
Table 8 Europe Market, by Materials , by Country, 2017-2023
Table 9 Asia-pacific Market by Materials , by Country, 2017-2023
Table 10 Row Market by Materials , by Country, 2017-2023
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