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Personal Care Packaging Market | Coherent Market Insights

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Title: Personal Care Packaging Market | Coherent Market Insights


1
Coherent Market Insights
  • Market Research And Business Consulting Services
  • https//www.coherentmarketinsights.com/
  • Covid-19 Impact Tracker

2
PERSONAL CARE PACKAGING MARKET ANALYSIS
  • Personal Care Packaging Market, By Product Type
    (Flexible packaging, Rigid plastics, Paper,
    Glass, Metal, Others), By Application (Skin care,
    Hair care, Bath shower, Cosmetics, Others), and
    By Region (North America, Europe, Asia Pacific,
    Latin America, Middle East Africa) - Size,
    Share, Outlook, and Opportunity Analysis, 2020
    2027
  • The global personal care packaging market is
    projected to reach around US 36,088.0 million by
    the end of 2027, in terms of revenue, growing
    at CAGR of 4.3 during the forecast
    period (2020-2027).

3
Drivers
  • Continuous product design and innovation are
    expected to propel the market growth of the
    personal care packaging. Various producers are
    focusing on product innovation and design in
    order to differentiate their product offerings.
    Moreover, rising need to innovate packaging
    design to match up the ongoing trend in the
    market and to increase the consumer base is
    expected to augment the market growth of the
    personal care packaging.
  • Increasing investment by the government on R D
    in order to develop advanced technologies for
    manufacturing efficient packaging systems is
    expected to propel the market growth. Growing
    demand for eco-friendly packaging products
    coupled with the rising preferences of
    intelligent packaging systems such as stand-up
    pouches is also projected to propel the market
    growth of the personal care packaging over the
    forecast period. 

4
Figure 1. Global Personal Care Packaging Market
Share () in terms of Value, By Region,in 2019
5
Market Restraints
  • The volatile price of raw materials used in the
    manufacturing of packaging products is expected
    to restrict the market growth of personal care
    packaging. Plastic packaging products are
    produced from crude oil and the gap in the demand
    and supply of crude due to economic factors
    affect the overall price of the raw materials.
    Thus, the fluctuating price of raw materials is
    expected to restrict market growth over the
    forecast period.

6
Market Opportunities
  • The growing popularity of male grooming products
    due to a rising sense of fashion is expected to
    offer potential growth opportunities to the
    market of personal care packaging. Rising demand
    for anti-aging cosmetic products coupled with the
    growing awareness regarding beauty among
    consumers is also expected to augment the market
    growth.
  • Shifting preferences of consumers towards health
    and hygiene is encouraging them to use shower
    gels, body washes, and liquid soap is expected to
    propel the market growth of personal care
    packaging. Growing demand for deodorants and hair
    sprays among consumers across the developing
    region is expected to augment demand for aerosol
    can. This is further projected to fuel the market
    growth of the personal care packaging over the
    forecast period. 

7
Figure 2. Global Personal Care Packaging Market
Opportunity Analysis
8
Market Trends
  • Growing oral hygiene among consumers is creating
    demand for oral care products which is expected
    to augment the market growth of personal care
    packaging. Rising demand for small-sized
    packaging due to ease of use and convenience at
    handling is also expected to foster the market
    growth of personal care packaging. Moreover,
    growth in the packaging industry due to economic
    development is further anticipated to augment
    market growth.
  • On the basis of application in 2019, the skin
    care segment has accounted the largest market
    share of 38.3 in terms of value, followed by on
    hair care and bath shower respectively. Rising
    prevalence of skin diseases results in increasing
    demand for skin care products globally, owing to
    its benefits such as nutrition provided by the
    products to the skin and skin protection provided
    by sunscreen lotions from harmful UV-radiations,
    thus helping in the prevention of skin diseases
    and skin cancer

9
Figure 3. Global Personal Care Packaging Market
Share () in terms of Value, By Application, in
2019
10
Personal Care Packaging Market Impact of
Coronavirus (Covid-19) Pandemic
  • The coronavirus outbreak is expected to have
    impact on employment and consumer spending.
    Customers are expected to spend less on premium
    luxury cosmetic products which will lead
    decreasing demand for these products. This is
    expected to decrease the demand for packaging
    from personal care industry. However, demand for
    essential products such as hand sanitizers,
    liquid hand soaps, shampoos, deodorants is
    expected to increase owing increasing awareness
    regarding personal hygiene. This is expected to
    drive demand for packaging from these sectors.
    Companies operating in personal care industry are
    focusing on launching essential products such as
    hand sanitizers owing to increasing demand for
    such products. For instance, in May 2020, Maison
    21G (Singapore based perfume company) launched
    four alcohol based hand sanitizers designed to
    protect and comfort, in response to coronavirus
    outbreak.

11
Competitive Section
  • Company Names 
  • Albea Group
  • Amcor Ltd
  • Ardagh Group
  • Bemis Company, Inc
  • Bormioli Rocco Spa
  • Gerresheimer
  • Heinz- Glas GmbH
  • Hindustan National Glass Industries Ltd.
  • ITC
  • Koa Glass Co. Ltd
  • MeadWestvaco Corp
  • Mondi plc
  • Saint-Gobain
  • Sonoco Products Company

12
Few Recent Developments
  • Albea Group
  • In October 2019, LOréal announced the launch of
    the first paper-based cosmetic tube in
    collaboration with Albéa, a cosmetic packaging
    company.

13
  • REQUEST SAMPLE
  • DOWNLOAD BROCHURE
  • REQUEST CUSTOMIZATION
  • TALK TO ANALYST
  • REFERENCE
  • https//www.coherentmarketinsights.com/market-insi
    ght/personal-care-packaging-market-3880

14
About Us
  • Coherent Market Insights is a global market
    intelligence and consulting organization focused
    on assisting our plethora of clients achieve
    transformational growth by helping them make
    critical business decisions.
  • What we provide
  • Customized Market Research Services
  • Industry Analysis Services
  • Business Consulting Services
  • Market Intelligence Services
  • Long term Engagement Model
  • Country Specific Analysis

15
Contact Us
  • Mr. Shah
  • Coherent Market Insights Pvt.Ltd.
  • Address 1001 4th Ave, 3200 Seattle, WA 98154,
    U.S.
  • Phone 1-206-701-6702
  • Email sales_at_coherentmarketinsights.com

16
Thank You!
  • Kindly follow CMI Social Media Profiles for the
    latest company updates
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  • https//www.coherentmarketinsights.com/
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