Global Personal Care Packaging market 2024-2030

The personal care packaging market plays a vital role in packaging for various products such as cosmetics, shampoos, soaps, body creams, and oil and toiletries. It packages the goods in the form of boxes, bottles, pumps and makes use of various other materials like glass, plastics, paperboard, metal, and others. It has recently gained a lot of importance and demand owing to rapid urbanization, frequently changing consumer lifestyle, and the rising awareness for advanced packing technology.

The global personal care packaging market is useful for making materials required for products especially from the health and cosmetics industry, so as to prevent them from external influences of environment and causing damages and contamination.

The report on global personal care packaging market shows insights on the current market scenario by conducting over 280 hours of primary and secondary research. As per the report, global personal care packaging market is growing its area and effective sphere of influence very fast and is gaining popularity. The global personal care packaging market is anticipated to rise to value of US $ xxx million in 2023, from a value of US $ xxx million in the year 2018. Moreover, it is also expected to increase at a rising CAGR of xx %.

The major driving factors from emerging economies of countries like China, India, and Brazil are the rapid economic growth, changing lifestyle patterns of consumers owing to an increase in disposable income. The global personal care packaging market is also said to trigger the growth of the advancement in packaging technologies. An increased consumption for personal care products from these emerging economies has also led to a rapid growth for the personal care packaging market.

Plastic is one of the materials required for the packaging of goods. Hence, a major hindrance for the personal care packaging market would be the environmental concerns from various countries and also the implementation of strict rules and regulations against usage of plastic materials. A factor that is negatively affecting the growth of this packaging material is the rising concerns regarding chemical properties.

The Asian Pacific regions are said to dominate the global personal care packaging market with a major market share which is predicted to grow even further at a rising CAGR rate of 5.54%. Profit-making opportunities from the emerging economies of countries like India and China due to rapid urbanization, advancements in technology is said to expand the growth of the Global personal care packaging market.

Some of the prominent players for the global personal care packaging market include Colgate-Palmolive Company, Ardagh Group, ITC, Hindustan National Glass & Industries Ltd., andAmcor Limited among others.

The research procedure starts with the bifurcation of different market segments of global personal care packaging market, followed by detection of factors affecting the growth each segment. Then, the market forecasts were built based on the inputs given by the business leaders across global personal care packaging industry value chain. Market Krystal held more than 40 interviews for this study, details of which are mentioned:

By company type:

Manufacturers (35%), Suppliers (35%), Consumers (10%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (35%), Asia (30%), Europe (35%)

By designation:

Top level (40%), Operation level (30%), Mid-level (30%)

Contents of the report:

• Insights on the global personal care packaging industry dynamics
• Current estimation of the global personal care packaging market size in terms of value and volume
• Global personal care packaging market breakup based on product type and application.
• Authenticated global personal care packaging market forecast for the next five years
• Comprehensive analysis of the key companies operating across different nodes of global personal care packaging industry value chain.

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