According to Qualiket Research, Global Personal Care Packaging market was valued at USD 22.49 billion in 2019 which is expected to reach USD 30.9 billion by 2030 at a CAGR 4.68%.
Personal care packaging is used for the protection and packaging of personal, cosmetic and beauty care products. It is done for various products such as Tubes, Pouches, Bottles, Cans, Jars, Cartons, and Others. Personal care packaging is undergoing rapid demand due to increase in levels of disposable income which have resulted in raising demand for beauty products, and cosmetics.
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Global Personal Care Packaging Market Drivers:
· Increase in disposable income, changing lifestyle, and rise in consumption of beauty products is expected to boost the global personal care packaging market growth. Furthermore, continuous developments and innovations in technology and launches of products will enhance protection of the contents of the product and enhancement of shelf life of product will have positive impact on global personal care packaging market growth. Moreover, increase in demand for hair and skin products and increase in awareness about healthy living are also expected to fuel the growth of global personal care packaging industry.
Key players:
· HCT Packaging Inc., Ardagh Group, AptarGroup, Ampac Holdings, LLC, Gerresheimer AG, Albéa Services S.A.S, Sonoco Products Company, Mondi Group, Bemis Company, Inc., Saint-Gobain S.A., WestRock Company, and Amcor Limited.
Market Trends:
· Smart Packaging: The incorporation of technologies like QR codes, RFID tags, and augmented reality is enhancing the consumer experience and providing additional product information.
· E-commerce Growth: The rise of online shopping is transforming the packaging landscape, with a focus on secure, visually appealing, and convenient packaging solutions.
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