Personal Care Packaging Market Size, Share, Trends, Industry Demand and Forecast To 2023

Packaging and Printing

Summary

Personal Care Packaging Market Size, Challenges, Size, Share, Growth, Trends, Analysis, Future Scope, By Materials (Plastics, Glass, Metal and other), Product (Bottles, Cans, Tubes, Pouches, Others), Application (Skincare, Cosmetics, Fragrances, Hair care and others) and Region - Forecast To 2023

Personal Care Packaging Market Scenario

Packaging plays an important role in branding products.  The look of any product is a criucial factor of its market appeal, besides its quality. According to the recent studies, global packaging industry is likely to rise till 2020. The packaging industry is fronting a transformation due to various factors such as new demographic conditions, new customer demands, and growing purchasing power.

Beauty and personal care products have been the need of the hour by consumers globally due to the need to feel attractive. The plethora of products ranging from skin care to fragrances & deodorants and the attractive packaging accompanying it have stopped many shoppers online and offline. Market Research Future (MRFR) has compiled the global Personal Care Packaging Market Size report containing latest trends, consumer demographics, and opportunities.

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Competitive Outlook

  • Sonoco Products Company
  • Ardagh Group
  • Gerresheimer AG
  • Saint-Gobain S.A.
  • Mondi Group
  • AptarGroup
  • HCT Packaging Inc.
  • Albéa Services S.A.S.
  • Amcor Limited
  • Ampac Holdings
  • LLC
  • WestRock Company
  • Bemis Company, Inc.

are some of the notable names in the Personal Care Packaging Market Size.

Industry News

In 2019, the Toly Group has introduced a three-piece airtight refillable jar derived with the help of monomaterials which works in favor of its sustainable practices.

Market Outlook

The global Personal Care Packaging Market Size can swell to USD 9.45 billion by 2023. It can experience a significant CAGR from 2017 to 2023 (forecast period). Innovation in beauty products on the categorization of skin color and demographics is likely to bode well for the market. Packaging in terms of shape, size, material, and shade can boost innovation and lower production costs.

The demand for personal care products in tandem with droolworthy packaging can entice customers and boost product sales. Moreover, emergence of exclusive stores coupled with first look at novel products can bolster the market demand during the forecast period. Rising demand for sustainable materials for packaging purposes coupled with consumer awareness can augment the market size till 2023.

Scope of the Report

This study provides an overview of the global Personal Care Packaging Market Size, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Personal Care Packaging Market Size by its material, product, application, and region.

By Material

Plastics

Glass

Metal

other

By Product

Bottles

Cans

Tubes

Pouches

Others

By Application

Skin care

Cosmetics

Fragrances

Hair care

Others

By Region

North America

Asia Pacific

Europe

Rest of the World 

Regional Analysis

Geography-wise, the global Personal Care Packaging Market Size encompasses North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

The APAC region is predicted to dominate the global market till 2023 due to rapid economic growth and changing lifestyles of consumers. The growth of the cosmetic industry, improved standards of living, and changing beauty standards are other drivers of the regional market. Moreover, the use of social media influencers for spreading the word on latest products can play a pivotal role in transforming the fortunes of the Personal Care Packaging Market Size. Investments in research and development for natural ingredients and sustainable packaging materials can augur favorably for the market.

North America is the region with high growth potential due to product innovations, pollution, and aging populace. Focus on living healthy lifestyles in tandem with awareness of natural and organic ingredients can lead to the development of such products as well as its subsequent packaging. The U.S. is likely to be the biggest revenue generator due to use of infomercials, use of media and social for promotion of products, and celebrity endorsements. Differentiation of products according to price and expansion of offerings by manufacturers to cater to several demographics can drive the regional market growth.

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