Beauty & Personal Care Packaging Market Globally Assessed by Stratistics MRC in Topical Report Available at MarketPublishers.com02 Mar 2016 • by Natalie Aster
LONDON – The worldwide beauty and personal care packaging market growth is poised to gather speed at more than 4.5% CAGR during 2015-2022. The value of the market is expected to grow from USD 21.4 billion as of 2015 to USD 29.5 billion by 2022. The major driver for the beauty and personal care packaging market is a hike in the demand for personal care products. Besides, changing lifestyles and growing disposal income levels are favouring the growth of the market. Increased adhering to healthy lifestyle habits and an upsurge in the demand for hair and skin care products are further giving a boost to the market. However, the enforcement of stringent laws and regulations and environmental issues and concerns are hindering the market’s traction.
The rigid plastics product segment is taking the lead in the products market by capturing over 55% of the overall market. Over the forecast period, the glass products segment is likely to gain its market share supported by the ongoing increase in the demand for perfumery, nail polish products and aftershaves. North America is the largest beauty and personal care packaging market; while APAC is set to witness high CAGR due to increasing demand for personal care items and surging disposable incomes in China, India and Japan.
Hindustan National Glass Industries Ltd, Amcor Ltd, Sonoco Products Company, Mondi plc, Bormioli Dupont, Nova Chemicals, Saint-Gobain, Albea Group, Gerresheimer, and Rocco Spa are some of the prominent players in the market.
New in-demand report “Beauty and Personal Care Packaging - Global Market Outlook (2015-2022)” developed by Stratistics Market Research Consulting (Stratistics MRC) delves into the world’s beauty and personal care packaging market, evaluating and segmenting it by product, application area, and on the basis of geography. It presents an assessment of key regional and country markets considering their market shares, covers the top industry players and their market shares, gives strategic recommendations for the new companies entering the market. The study contains a market trends analysis, identifying key drivers & restraints, opportunities for investment, challenges, threats, products and applications, among other burning themes pertaining to the market. It also includes Porter’s five forces analysis for the sector. The research report looks into the competitive scenario; tracks the latest industry developments such as M&As, new product launches, agreements and JVs, etc.; offers company profiles of the 13 leading market players. The report examines supply chain trends depicting the latest technological advances. Additionally, it provides an outlook for the development of the discussed market segments, sub segments and the regional markets up to 2022.
Beauty and Personal Care Packaging - Global Market Outlook (2015-2022)
Published: February, 2016
Price: US$ 4,150.00
More market research reports by the publisher can be found at Stratistics MRC page.