March 12, 2020

Personal Care Packaging Market 2020 |Comprehensive Insights by Cost Structure, Industry Size, Latest Technology, Overview, and Market Dynamics Forecast by 2024

This “Personal Care Packaging Market” research report provides business experts opinion with efficient information on Personal Care Packaging market, market growth rate, emerging business environments, and latest business-centric applications. This Personal Care Packaging industry report lists and studies the leading participants also provide insights with strategic industry Analysis of the key factors influencing the market dynamics. Personal Care Packaging market report focuses on to describe and analyze the value, market share, market competition landscape, SWOT analysis, and development plans in the next few years. The report also offers an in-depth analysis of the Personal Care Packaging market with prime emphasis on factors such as drivers, restraints, trends, and opportunities.

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Market Overview:

  • The global personal care packaging market was valued at USD 23.37 billion in 2018 and is expected to reach a value of USD 30.44 billion by 2024 at a CAGR of 4.78 % during the forecast period of (2019 - 2024). Trend says that the brand owners are focusing on environment-friendly products and packaging consumers based on the demand by using more natural ingredients and recycled packaging.
  • - Increasing consumption in the cosmetic product with growing disposable income and frequent demand for personal care products is expected to drive the global personal care packaging market.
  • - Innovation in the packaging is creating exciting opportunities within the packaging industry like lotion pumps or aerosol sprays as it aims to save time and offer convenience to busy consumers, mostly younger generation people.
  • - Due to stringent government regulations and testing procedures, the cost of the products stimulates to increase. This could restrain the growth of the personal care packaging market over the years.

Major Key Players of Personal Care Packaging Market:

  • Amcor Limited
  • RPC Group PLC
  • AptarGroup Inc.
  • Cosmopak Ltd.
  • Rieke Packaging Systems Ltd.
  • Albea S.A.
  • DS Smith PLC
  • Gerresheimer AG
  • Raepak Ltd

Scope of the Report:

  • Personal care packaging plays an important role in product marketing as it adds to the visual appeal and displays relevant information regarding the product. The report studies the primary materials like plastic, paper, etc and packaging is done for various products such as cosmetics, shampoos,etc, where rigid plastics is dominating the market due to its cheap price, non-corrosive and light weight properties.

The Report Covers:

  • Comprehensive research methodology of Personal Care Packaging market
  • In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the Personal Care Packaging market
  • Insights about market determinants which are inspiring the Personal Care Packaging market
  • Detailed and extensive market segments with regional distribution of forecasted revenues
  • Extensive profiles and recent developments of market players Companies Mentioned

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Key Market Trends:

Skin Care to Boost the Rapid Market Growth

- Skincare packaging products such as jars, bottles, and tubes are propelling cosmetics sales. Skincare packaging help customers understand the product, its contents, and difference from competitor products.
- The personal care market is led by skin care, due to an increase in demand for anti-acne products, body moisturizers & lotions, and anti-aging products. Skin products and other styling products provide UV protection, which is increasing consciousness about anti-aging products further.
- Further, technological encroachments such as airless skincare packaging and 3-D printing technology are driving the global skincare packaging sales. Advanced and most trending printing technologies such as hot-stamp foil printing and flexo-offset printing are enabling manufacturers to offer innovative and eye-catching skincare packaging for their cosmetic brands, which in overall is growing the market of personal care packaging market.

North America to Account for a Significant Market Share

- North America is growing in the market due to the aging population, pollution and new product innovations. Due to increasing disposable income and concern for a healthier lifestyle, consumers have become more demanding than ever before.
- In the United States, high-income levels, along with political and economic stability are driving the demand for packaging solutions in the country. The higher disposable income and penetration of technology are expected to drive the demand for personal care packaging products in the country.
- Due to shifting brand loyalties and innovative technologies, manufacturers have also started to differentiate their products and expand their offerings to enhance the consumer experience, by which there will be high penetration of growth for personal care packaging market.

Key Questions Answered in This Report:

  • What are the market dynamics?
  • What are the key market trends?
  • What are the category growth drivers?
  • What are the constraints on category growth?
  • Who are the suppliers in this market?
  • What are the demand-supply shifts?
  • What are the major category requirements?

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Detailed TOC of Personal Care Packaging Market 2019-2024:

1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Increasing Consumption of Personal Care Products With Growing Disposable Income
4.3.2 Growing Focus on Innovative and Attractive Packaging
4.4 Market Restraints
4.4.1 High Costs of R&D and Manufacturing of New Packaging Solutions
4.5 Value Chain Analysis
4.6 Industry Attractiveness - Porter's Five Force Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Primary Material
5.1.1 Plastic
5.1.2 Paper
5.1.3 Metal
5.1.4 Glass
5.2 By Product Type
5.2.1 Baby Care
5.2.2 Oral Care
5.2.3 Skin Care
5.2.4 Hair Care
5.2.5 Fragrances
5.2.6 Bath and Shower
5.2.7 Sun Care
5.2.8 Other Product Types
5.3 By Packaging Type
5.3.1 Bottles
5.3.2 Cans
5.3.3 Tubes
5.3.4 Pouches
5.3.5 Jars
5.3.6 Other Packaging Types
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Russia
5.4.2.5 Rest of the Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Rest of Asia-Pacific
5.4.4 Latin America
5.4.4.1 Mexico
5.4.4.2 Argentina
5.4.4.3 Brazil
5.4.4.4 Rest of Latin America
5.4.5 Middle East & Africa
5.4.5.1 Saudi Arabia
5.4.5.2 UAE
5.4.5.3 South Africa
5.4.5.4 Rest of Middle East & Africa

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Amcor Limited
6.1.2 RPC Group PLC
6.1.3 AptarGroup Inc.
6.1.4 Cosmopak Ltd.
6.1.5 Rieke Packaging Systems Ltd.
6.1.6 Albea S.A.
6.1.7 DS Smith PLC
6.1.8 Gerresheimer AG
6.1.9 Raepak Ltd

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

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