Transparency Market Research has released a new
market report titled “Personal Care
Packaging (Flexible Packaging, Rigid Plastics, Paper, Glass, Metal and Others)
for Skin Care, Hair Care, Bath & Shower, Cosmetics and Other Applications -
Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”
the global demand for personal care packaging was valued at USD 19.26 billion
in 2012 and is expected to reach USD 25.77 billion by 2019, growing at a CAGR
of 4.3% from 2013 to 2019. In terms of volume, the demand was 130.03 billion
units in 2012.
Browse the full report with complete TOC: http://www.transparencymarketresearch.com/personal-care-packaging-market.html
Increasing demand for personal care products such
as perfumes, shampoos, conditioners and cosmetics among others is expected to
be one of the primary factors driving the market. In addition, increasing
innovation in product design is expected to augment the demand for personal
care packaging over the forecast period. However, rising number of regulations
regarding packaging and manufacturing personal care products is expected to
subsequently hamper the growth of the market, as the overhead costs may result
in increased price of the finished product. Increasing demand for personal care
products in BRIC is expected to open opportunities for the growth of the market
in the near future.
Flexible packaging and rigid plastics were the
largest product segments of the market in 2012 together accounting for over 80%
of the market share. Flexible packaging is expected to be the fastest growing
segment over the forecast period due to its growing demand by manufacturers as
well as consumers. Light weight, lower costs, high durability, reduced
consumption and superior aesthetic appeal are vital factors that are expected
to contribute to the growing demand for flexible packaging in this market over
the next few years.
Demand for packaging was highest for
skin care products followed by hair care in 2012. However, hair care is
expected to be the fastest growing application segment of the personal care
packaging market, at a CAGR of 4.3% from 2013 to 2019. Rising demand for hair
care products on account of rising consumer awareness regarding healthy hair is
expected to drive the packaging market. In addition, introduction of various
types of hair care products is expected to augment the demand for innovative
packaging, as each manufacturer tries to make his product stand apart from
others. Personal care packaging market was largest in Asia Pacific in 2012.
Asia Pacific is expected to witness the fastest growth of the market owing to
the growing consumer demand for personal care products. Rising disposable
income of consumers, changing lifestyles and growing adoption of anti-ageing
cream by younger population is expected to augment the demand for personal care
products, which in turn is expected to fuel the demand for packaging of these
products. In terms of revenue, the personal care packaging demand in Asia Pacific
is expected to be USD 14.30 billion by 2019. Improving economic conditions in
developing nations such as Brazil, South Africa and Russia is expected drive
the demand for personal care products, thereby augmenting the demand for
packaging in these countries over the next few years.
The report gives a comprehensive view
of the personal care packaging market in terms of volume and revenue. In
addition, the report includes current demand analysis and forecast for each
product and application in North America, Europe, and Asia Pacific and Rest of
the World.
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The report comprises of the following
segments:
Personal Care Packaging Market: Product Segment Analysis:
·
Flexible packaging
·
Rigid plastics
·
Paper
·
Glass
·
Metal
·
Others (Includes nonwoven fabrics,
cardboards, etc.)
Browse Global Personal Care Packaging Market Report with
Full
Personal Care Packaging Market: Application Analysis
·
Skin care
·
Hair care
·
Bath & shower
·
Cosmetics
·
Others (Includes oral care, cotton
pads, wipes, etc.)
Personal Care Packaging Market: Regional Analysis
·
North America
·
Europe
·
Asia Pacific
·
Rest of the World
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Browse the full report with complete TOC: http://www.transparencymarketresearch.com/personal-care-packaging-market.html
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