Global Personal Care Packaging Market
Global report published by Accurize Market Research forecast that the global market is expected to reach $44 billion by 2024; growing at a CAGR of 5.3% from 2017 to 2025. By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
Rising demand for cosmetics & beauty products to drive the global market
Rising demand for cosmetics and beauty products, rapid urbanization, changing consumer lifestyle, advancements in packaging technology and rising importance of packaging to attract maximum consumers are some factors driving the growth of the global personal care packaging market. Though, stringent regulations on the safety of personal care products could hamper the market. Additionally, lightweight, high durability and green packaging would provide growth opportunities in the coming years.
The global personal care packaging market is split into product type, application, and geography. The product type segment is divided into flexible packaging, rigid plastic, glass, paper, metal, and others (nonwoven fabric, cardboard). The application segment is segregated into skincare, haircare, cosmetics, bath & shower, and others (oral care, wipes, and cotton pads).
Author Signature :
I am a Digital Marketing Professional.