Personal Care Packaging Market Is Likely to Exceed USD 35.20 Billion By 2023Posted by sagark on October 4th, 2019 Personal Care Packaging Market Overview The global personal care packaging market was analyzed by Market Research Future (MRFR) and it was projected that a notable CAGR will be attained by the market over the forecast period of 2017 to 2023. The valuation of the personal care packaging market was further stated to surpass its previous figure to reach a projected valuation of USD 35.20 Billion by 2023. The global personal care packaging market is experiencing a sharp increase in terms of growth due to the rising sales volume of personal care products through ecommerce channels. The companies in the market are investing more and more in R&D activities for new development of products and innovation. Add to this, the increasing income of consumers and awareness about health is contributing to the overall growth of the market. Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/1838 Competitive Landscape The global personal care packaging market comprises a host of key players. This includes names like
Personal Care Packaging Market Segmentation The global personal care packaging market has been segmented in terms of material, application, and product. By material, the market includes metal, plastic, glass, and others. The market is led by the plastic segment and is predicted to remain the same over the forecast period. The growth and standings of the plastic segment is due to the hygienic and convenience features it offers. By product, the market segments into tubes, cans, jars, pouches, bottles, and others. By application, the market comprises fragrances, skin care, cosmetics, bath & shower, and others. Over the years, a considerable rise has been noticed in the cosmetic industry, one which will have a positive impact over the global personal care packaging market. Regional Analysis The global personal care packaging market is geographically distributed across the following key regions: Asia Pacific, North America, Europe, and Rest-of-the-World (RoW). The Asia Pacific region leads the global personal care packaging market. The regional market is expected to remain in the lead over the forecast period as well. The expanding range of product in personal care based on e-retailing and affordability are majorly pushing the need for packaging in the industry. Due to the increasing disposable incomes of consumers, they have increased their spending on premium quality personal care products. Add to this, the increasing percentage of manufacturing facilities for personal care goods and items in the Asia Pacific region is also pushing the growth of the market. Elsewhere, the European regional market is projected to grow during the forecast period with the highest CAGR. In Europe, the personal care products industry is witnessing heavy investments on R&D activities. Increasing R&D activities is making companies lay focus on manufacturing products in accordance to the gender, age, ethnicity, geography and climate, health, wellbeing, and lifestyle of individuals. This is stimulating a positive growth in the European personal care packaging market. Access Full Report With TOC @ https://www.marketresearchfuture.com/reports/personal-care-packaging-market-1838 TABLE OF CONTENT 1 Executive Summary 2 Scope Of The Report 2.1 Market Definition 2.2 Scope Of The Study 2.2.1 Definition 2.2.2 Research Objective 2.2.3 Assumptions 2.2.4 Limitations 2.3 Research Process 2.3.1 Primary Research 2.3.2 Secondary Research 2.4 Market Size Estimation 2.5 Forecast Model 3 Market Landscape 3.1 Porter’s Five Forces Analysis 3.1.1 Threat Of New Entrants 3.1.2 Bargaining Power Of Buyers 3.1.3 Bargaining Power Of Suppliers 3.1.4 Threat Of Substitutes 3.1.5 Segment Rivalry 3.2 Value Chain/Supply Chain Analysis Continues…… List Of Figures FIGURE 1 RESEARCH PROCESS OF MRFR FIGURE 2 TOP DOWN & BOTTOM UP APPROACH FIGURE 3 Market Dynamics FIGURE 4 Impact Analysis: Market Drivers FIGURE 5 Impact Analysis: Market Restraints FIGURE 6 Porter’s Five Forces Analysis Continues……. About Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. Contact Market Research Future Phone: +1646 845 9312 Email: sales@marketresearchfuture.com Like it? Share it! More by this author |