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.
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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.
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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. 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 TOC http://www.transparencymarketresearch.com/personal-care-packaging-market.html
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
Browse all Consumer Goods Market Research Reports @ http://www.transparencymarketresearch.com/consumer-goods-market-reports-7.html
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Us:
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