Home Care Packaging Market Key Drivers, Size, Share, Trends, Growth And Future Scope by 2023
Summary
Global Home Care Packaging Market by Product (Dishwashing, Insecticides, Laundry Care, Toiletries, Polishes, Air Care and Others), By Material (Plastic, Paper, Metal and Glass), By Packaging Type (Bottles, Cans, Cartons, Jars, Pouches and Others) and By Region - Global Forecast to 2023
Home Care Packaging Market Overview
The global market for home care products is growing significantly due to increasing adoption of home care packages in developed economies. However, it is expected to witness an increase in demand in developing countries in near future due to the growing awareness about home care services. Growing health awareness, improving standards of living, and increase in per capita income of people are some of the reasons driving the growth of home care industry.
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Key Players
- Winpak Ltd. (Canada)
- Bemis Company, Inc. (U.S.)
- Amcor Limited (Australia)
- Tetra Laval (Switzerland)
- Mondi (South Africa)
- Sonoco Products Company (U.S.)
- AptarGroup, Inc. (U.S.)
- Rexam plc (U.K)
- RPC Group (U.K.)
- Silgan Holdings (U.S.) and others.
Scope of the Report
This study provides an overview of the Home Care Packaging Market, tracking three market segments 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 Home Care Packaging Market by its product, by material, by packaging type and by region.
Regional Analysis
The Global Home Care Packaging Market is expected to grow at a striking pace over the forecast period as was mentioned earlier. A major part of this growth can be owed to the dominance of Asia Pacific. The region accounted for the largest share in the Global Home Care Packaging Market back in 2016 and made significant contributions to the global landscape. The rising population base herein coupled with the booming economic growth have led to the booming demand for home care products. This has subsequently resulted in the proliferating growth of the Global Home Care Packaging Market in this region. The region is duly aided by the presence of countries like China and India, which other than being two of the major developing economies are also two of the most populated nations across the globe. The presence of these countries significantly aid in the overall growth of the regional market.
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