While personal care
products have always been in much demand, the concept of innovative
and hygiene packaging of these products is a trend that is catching
on among consumers. Personal care packaging could be in the form of
boxes, sprays, pumps, and bottles.
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Research Report of Personal Care Packaging Market :
The global personal
care packaging market has witnessed a remarkable rise in demand from
across the world owing to increase in awareness and popularity of
skincare and hair care products. The demand for personal care
products especially from the BRIC regions is sure to propel the
personal care packaging market to greater expanses. Besides this,
innovation on the part of manufacturers and packagers in terms of
product as well as design is a key factor aiding the global market.
However, there has been an increase in regulations governing
manufacturing and packaging processes that is expected to restrain
the growth of the personal care packaging market.
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Segmentation and
evaluation of the personal care packaging market
The overall market
for personal care packaging can be segmented on three fronts:
application, product, and region. The key personal care packaging
product segments include paper, glass, rigid plastics, flexible
packaging, metal, and others such as cardboard and nonwoven fabrics.
The main application areas of personal care packaging include bath
and shower, hair care, skincare, cosmetics, and others such as wipes,
cotton pads, and oral care. Region-wise, the global personal care
packaging market is segmented into Europe, North America,
Asia-Pacific, and Rest of the World.
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Release of Personal Care Packaging Market :
The skincare segment
led the personal care packaging market in terms of demand, making it
the largest application segment in 2012, followed by hair care.
Growing at a 4.3% CAGR during the forecast period of 2013 to 2019,
the hair care segment is estimated to be the fastest-expanding
application segment of the personal care packaging market owing to
increasing consumer awareness about healthy hair products and demand
for innovative packaging from consumers.
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Personal Care Packaging Market :
In terms of product
type, rigid plastics and flexible packaging led the overall personal
care packaging market, accounting for an impressive 80% share of the
global demand. Flexible packaging is also projected to be the most
rapidly expanding product segment in the coming years owing to
surging demand from consumers and manufacturers, higher durability,
reduced cost, light weight, and aesthetic appeal.
Personal care
packaging market: Global and regional analysis
Based on data
furnished by a leading market intelligence company, the global
personal care packaging market was estimated to be worth US$19.26
billion in 2012 in terms of demand, and is projected to be worth
US$25.77 billion by the end of 2019. The personal care packaging
market is anticipated to grow at a 4.3% CAGR during the forecast
period of 2013 to 2019. As far as volume is concerned, the global
demand for personal care packaging stood at 130.03 billion units in
the year 2012.
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Region-wise, the
North American and European markets for personal care packaging have
reached a developed stage and the demand for categories such as bath
and shower, fragrances, and skincare is projected to remain steady in
the coming years. The Asia-Pacific market for personal care packaging
has been witnessing escalating demands, recording the highest demand
in 2012. The region is anticipated to continue its leading streak
till the end of the forecast period. Some of the key factors
supporting the growth of the Asia-Pacific personal care packaging
market are technological packaging innovations, change in lifestyle
across the globe, and growing demand for male grooming, hair care,
and cosmetic products.
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The global personal
care packaging market is immensely fragmented and there are numerous
small and medium-scaled manufacturers that operate on a domestic and
global level. Some of the leading participants of the personal care
packaging market include Bormioli Rocco Spa, Amcor Ltd., Mondi plc,
Heinz- Glas GmbH, Koa Glass Co. Ltd., ITC, Bemis Company, Inc.,
Hindustan National Glass & Industries Ltd., Saint-Gobain, Sonoco
Products Company, MeadWestvaco Corp., Ardagh Group, Albea Group, and
Gerresheimer.
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