Global Personal Care Packaging Market 2018-2022
About Global Personal Care Packaging Market
Personal care packaging vendors provide various packaging solutions, ranging from standard to customized solutions for different personal care sectors such as skin care, hair care, cosmetics, and toiletries.
Technavio’s analysts forecast the Global Personal Care Packaging Market to grow at a CAGR of 5.99% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the Global Personal Care Packaging Market. To calculate the market size, the report considers the revenue generated from the sales of personal care packaging items.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Personal Care Packaging Market 2018-2022
Technavio recognizes the following companies as the key players in the Global Personal Care Packaging Market: Albéa, Amcor, DS Smith, Gerresheimer, HCP Packaging
Commenting on the report, an analyst from Technavio’s team said: “One of the key trends gaining traction in this market is the increasing preference for sustainable packaging techniques. Owing to the rising environmental and sustainability concerns, various personal care product manufacturers are preferring eco-friendly packaging materials for promoting environmental sustainability.”
According to the report, one driver influencing this market is the rising global personal care spending. Vendors are increasingly adopting various marketing techniques such as the adoption of augmented reality to boost sales and increase the market presence.
Further, the report states that one of the factors hindering the growth of this market is the fluctuating raw materials prices. Fluctuations in global crude oil prices are expected to have a direct impact on the manufacturing cost of packaging companies.
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