Personal Care Packaging Market Share| COVID-19 Impact, Business Overview, Challenges, Opportunities, Trends And Analysis By 2023
Personal Care Packaging Market Share – Overview
Increasing disposable income and concern for a healthier lifestyle has contributed to the growth of the Makeup Containers Market (Personal Care Packaging Market Share). Packaging plays a vital role in meeting the expectations of both the manufacturers and consumers. Personal care products form a part of FMCG products, therefore retailers have huge impact in identification of brands which provide aesthetic appeal to the customers and in placing the same products in their limited shelf space.
Rising demand for anti-aging products is expected to show new opportunities for the growth of the Personal Care Packaging Market Share over the forecast period.
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Key Players
Amcor Ltd., WestRock Company, Saint-Gobain S.A, Bemis Company Inc., Mondi Group, Sonoco Products Company, Albéa Services S.A.S, Gerresheimer AG, Ampac Holdings, LLC and AptarGroup are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Personal Care Packaging Market Share.
Industry/ Innovation/ Related News
Apr-2017- Silgan Holdings Inc., a supplier of rigid packaging for consumer goods products, announced that it has completed its acquisition of the dispensing systems business of WestRock Company.
Aug 2016 - Albea S.A. acquired Scandolara Tub-Est s.r.o., a laminate tube producer. This acquisition of the Slovakian manufacturer will enable Albea to further boost its business across Europe.
Segmentation
The Personal Care Packaging Market Share can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Materials - Plastic, Paper, Glass, Metal and others
Segmentation by Product - Bottles, Jars, Cans, Tubes, Pouches, and others
Segmentation by Application - Skin Care, Cosmetics, Fragrances, Bath & Shower and others
Segmentation by Regions: North America, Europe, APAC and Rest of the World.
Regional Analysis
Asia-Pacific accounted for the largest market share in the global Personal Care Packaging Market Share (Personal Care Bottles). Factors such as expanding product lines for personal care products based on affordability, e-retailing are driving the need of packaging for personal care products industry. Owing to the increasing disposable income, consumers are expected to increase their spending on premium personal care products. The increase in the number of manufacturing facilities for personal care products in the region, is also driving the growth of the Personal Care Packaging Market Share.
Europe region is also expected to grow with the highest growth rate in the global Personal Care Packaging Market Share. The personal care products industry, in Europe region is making heavy investments into research and development. Through extensive R&D, the companies in the region are focusing on the manufacture of products according to the age, gender, ethnicity, geographies and climate, lifestyle, health and wellbeing, which is driving the Personal Care Packaging Market Share in Europe.
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