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Personal Care Packaging Market 2019 Global Size, Analytical Overview, Comprehensive Analysis, Segmentation, Competitive Landscape and Industry Poised for Rapid Growth by forecast 2023

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Personal Care Packaging Market 2019 Global Size, Analytical Overview, Comprehensive Analysis, Segmentation, Competitive Landscape and Industry Poised for Rapid Growth by forecast 2023

June 24
15:09 2020
Personal Care Packaging Market 2019 Global Size, Analytical Overview, Comprehensive Analysis, Segmentation, Competitive Landscape and Industry Poised for Rapid Growth by forecast 2023

Personal Care Packaging Market
Global Personal Care Packaging 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 Market Overview

The global personal care packaging 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 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 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

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Branding is a major aspect in the personal care product market. One of the most important aspects of branding is packaging. Packaging helps in product identification and makes it stand out. It provides the product with an aesthetic appeal and attracts the eyes of the consumers. This is one of the major driving factors of the global personal care packaging market.

Competitive Landscape

The global personal care packaging 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.

 

It was reported in the global personal care packaging market report that there is an ongoing trend, wherein preference is rapidly shifting towards more eco-friendly packaging solutions. Non-biodegradable materials like glass and paper are increasingly gaining massive popularity. The players in the market are seen experimenting with a number of other innovative packaging materials like silicone and melamine.

Industry Buzz

July 2019, the SC Johnson-owned brand of soap method became the first personal care company to license and approve the art work of Minted for their packaging purposes.

Market Segmentation

The global personal care packaging 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 market.

Regional Analysis

The global personal care packaging 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 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 market.

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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

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

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

Continues……

List Of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter’s Five Forces Analysis

Continues…….

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About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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