Market Research Future published a half cooked research report on global personal care packaging market. The global personal care packaging market is expected to grow over the CAGR of around 5.2% during the period 2016 to 2022
The demand from the average households in India, China, Russia and Brazil is primarily responsible for the increasing demand of personal care products. Women in Russia and South Africa are increasingly focused on maintaining their skin, hair and appearance, which further induces the demand for such packaging. Personal Care packaging is widely used in applications such as skin care, cosmetics, fragrances and bath & shower products. Skin Care and hair care segments by products contributes highest to the overall growth. Materials such as glass and plastic are used extensively for packaging. The customers these days are extremely conscious about the product contents and related information. This has pushed the manufacturers to provide detailed description of every product to consumers, including safety reports, ingredient descriptions, statement of compliance, data on animal testing, and method of manufacturing through the packaging. The global personal care packaging market is projected to cross USD 36.85 Billion in 2022, at a CAGR of approximately 5.2% in the forecasted period.
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Key Players of Personal Care Packaging Market:
- Amcor Ltd.
- WestRock Company
- Saint-Gobain S.A
- Bemis Company Inc.
- Mondi Group
- Sonoco Products Company
- Albéa Services S.A.S
- Gerresheimer AG
- Ampac Holdings
Market Research Analysis:
The market is highly application based. The key factors contributing to the growth of the global personal care packaging market are the rising awareness among brand owners and marketing experts regarding the importance of packaging and the growing awareness among consumers regarding healthy skin. However there are few factors hampering the growth of the industry. The manufacturers conduct innumerable tests which are time consuming and increases the manufacturing cost of products.
The global personal care packaging market is expected to have higher growth rate as compared to the previous years. The share is attributed to the growth of industry, especially from the regions of China, India, Russia and Brazil. Asia-Pacific is the largest growing region for the personal care packaging market, followed by North America. The main reasons for the growth in the region include increasing disposable income, changing lifestyle, growing awareness among consumers regarding healthy skin and rapid urbanization.
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining power of buyers
4.1.3 Threat of substitutes
4.1.4 Segment rivalry
4.2 Value Chain of Global Personal Care Packaging Market
5 Industry Overview of Global Personal Care Packaging Market
5.2 Growth Drivers
5.3 Impact analysis
5.4 Market Challenges
5.5 Impact analysis
Scope of the Report:
This study provides an overview of the global personal care packaging market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global personal care packaging market as material, type and application. On the basis of material it is segmented as Plastic, Glass, Metal and others. On the basis of type it is segmented as bottles, jars, cans, tubes, pouches and others. On the basis of application it is widely used in skin care, cosmetics, fragrances and bath & shower products.
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