The
global demand for personal care packaging was valued at USD 19.26
billion in 2012 and is expected to reach USD 25.77 billion by 2019,
growing at a CAGR of 4.3% from 2013 to 2019. In terms of volume, the
demand was 130.03 billion units in 2012.
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Global Personal Care Packaging Market Report with Full TOC at
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Increasing
demand for personal care products such as perfumes, shampoos,
conditioners and cosmetics among others is expected to be one of the
primary factors driving the market. In addition, increasing
innovation in product design is expected to augment the demand for
personal care packaging over the forecast period. However, rising
number of regulations regarding packaging and manufacturing personal
care products is expected to subsequently hamper the growth of the
market, as the overhead costs may result in increased price of the
finished product. Increasing demand for personal care products in
BRIC is expected to open opportunities for the growth of the market
in the near future.
Flexible
packaging and rigid plastics were the largest product segments of the
market in 2012 together accounting for over 80% of the market share.
Flexible packaging is expected to be the fastest growing segment over
the forecast period due to its growing demand by manufacturers as
well as consumers. Light weight, lower costs, high durability,
reduced consumption and superior aesthetic appeal are vital factors
that are expected to contribute to the growing demand for flexible
packaging in this market over the next few years.
Demand
for packaging was highest for skin care products followed by hair
care in 2012. However, hair care is expected to be the fastest
growing application segment of the personal care packaging market, at
a CAGR of 4.3% from 2013 to 2019. Rising demand for hair care
products on account of rising consumer awareness regarding healthy
hair is expected to drive the packaging market. In addition,
introduction of various types of hair care products is expected to
augment the demand for innovative packaging, as each manufacturer
tries to make his product stand apart from others.
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Personal
care packaging market was largest in Asia Pacific in 2012. Asia
Pacific is expected to witness the fastest growth of the market owing
to the growing consumer demand for personal care products. Rising
disposable income of consumers, changing lifestyles and growing
adoption of anti-ageing cream by younger population is expected to
augment the demand for personal care products, which in turn is
expected to fuel the demand for packaging of these products. In terms
of revenue, the personal care packaging demand in Asia Pacific is
expected to be USD 14.30 billion by 2019. Improving economic
conditions in developing nations such as Brazil, South Africa and
Russia is expected drive the demand for personal care products,
thereby augmenting the demand for packaging in these countries over
the next few years.
The
report gives a comprehensive view of the personal care packaging
market in terms of volume and revenue. In addition, the report
includes current demand analysis and forecast for each product and
application in North America, Europe, Asia Pacific and Rest of the
World. The report comprises of the following segments:
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Personal
Care Packaging Market: Product Segment Analysis
- Flexible packaging
- Rigid plastics
- Paper
- Glass
- Metal
- Others (Includes nonwoven fabrics, cardboards, etc.)
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all Article :
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Personal
Care Packaging Market: Application Analysis
- Skin care
- Hair care
- Bath & shower
- Cosmetics
- Others (Includes oral care, cotton pads, wipes, etc.)
Personal
Care Packaging Market: Regional Analysis
- North America
- Europe
- Asia Pacific
- Rest of the World
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