The content of this report will be updated with the latest scenarios based on the global COVID-19 Pandemic
Packaging for personal care involves packaging of soaps, shampoos, oils, cosmetics and others, with glass, paper and plastic being the major materials used for packaging these products.
Supply – Demand Scenario
Global personal care packaging market was worth $21.15 billion in 2014 and will reach a total market value of $28 billion by the end of 2020 at a rate of 4.8%, while in terms of units the market was worth
142 billion units in 2014 and is estimated to reach 185 billion units by 2020 at a CAGR of 4.5%.
Growth by Region:
APAC leads the market with a market share of 33% in 2014 followed by Western Europe and North America. With regards to countries, US dominates the market with a share of 14% , closely followed by Japan, Brazil, and China.
Growth by Packaging types:
Rigid plastics lead the market having a market share of more than 50% followed by Glass and Flexible packaging. Moreover, with Rigid plastics being the fastest growing segment during the forecasted period, it is the area of focus for the companies. On the other hand, metal packaging in this industry is witnessing a decrease in share and is subject to substitute by plastic
The consumers have become more demanding than ever before. Increasing disposable income and concern for healthier lifestyle has contributed to this trend. With shifting brand loyalties, manufacturers too have started to differentiate their products and expand their offerings to enhance consumer experience. Packaging has played a vital role in meeting the expectations of manufacturers and consumers alike.
With Personal care being FMCG products, retailers have a great impact in identifying the brands that provide aesthetic appeal to the customers and placing the same in their limited shelf space. As such, perception of packaging by manufacturing companies has shifted from being a non-core activity to becoming an extension of their arm.
Some of the major companies mentioned in the report are:
Amcor, Mondi Group, Bemis, Rexam, RPC Group, Winpak, AptarGroup, Sonoco, Silgan Holdings, Tetra Laval, DS Smith Plc, CAN-PACK S.A., Prolamina Packaging
What is there in report?
1) Report gives complete market insights, the driving forces of the market, the challenges it faces and the opportunities in the current market scenario
2) A complete market segmentation has been done on the basis of different packaging and product types along with detailed analysis for the next 5 years
3) Complete market breakdown has been done for different regions like North America, Europe, Asia Pacific, Latin America and Middle East and Africa as well as the country level segmentation to give a detailed picture of the personal care packaging market
3) The report also gives information of major vendors of personal packaging products, their existing share in the market, strategies they adopt along with the major products, financials, recent developments and profile of these vendors.