Personal Care Packaging Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Personal Care Packaging Market
The personal care packaging market size was valued at USD 42.26 billion in 2023, and the market is now projected to grow from USD 45.32 billion in 2024 to USD 83.37 billion by 2032, exhibiting a CAGR of 7.92% during the forecast period of 2024-2032.
Due to the imposed social distancing, the closure of borders and factories caused a decrease in the supply and demand for goods, which negatively impacted the sectors' growth. Negative demand during that era was felt by the personal care, automotive & industrial, and other industries, which resulted in negative growth during the pandemic. However, a certain strike in the growth was witnessed due to the heightened social media engagement with influencers supporting the beauty hacks and personal care. These factors affected the personal care packaging market growth.
Environment friendly and harmless to the nature overall and much more sustainable packaging and manufacturing practices for personal hygiene products has proliferated a lot and is expected to augment over the forecasted period. This has resulted a extremely increased demand for the product market as consumer awareness of environmental issues is rising due to which the demands are almost above the skies. Market expansion is being fueled by this in turn. These particular growth driving factors have been recorded to attribute the personal care packaging market share.
One of the main trends driving the global growth of the personal care packaging industry is the increasing popularity of men's skincare and grooming goods even though men's grooming is not a novel idea and has not gained much traction until recently.
Comprehensive Analysis of Personal Care Packaging Market
Glass, metal, plastic, and paper are the different market segments based on material. Bottles and jars, bags and pouches, tubes, boxes and cartons, trays and films, caps and closures, and other product types are the different segments of the market as per product type. The skin, hair, oral, body, and other care categories are the segments of the market based on application. The leading segments are Glass, Bottles, and The skin material, product and application wise respectively.
North America is expected to be the leading region of this particular product market and is anticipated to to grow over the forecasted period and also will continue to hold the largest market share. Due to the significant number of personal care packaging businesses with their headquarters in the United States, North America accounted for the largest share of the market.
Due to their ability to provide cutting-edge packaging solutions, a select group of large businesses control a large portion of the market. a few of the major participants are Sonoco Products Company (U.S.), Gerresheimer Ag (Germany), Mondi Group (U.K.), Amcor Plc (Switzerland), and WestRock Company (U.S.).
In July 2022, onTop launched of sustainable cosmetic packaging goods made with Eastman Cristal Renew copolyester in partnership and trustworthy benefitting alliance with WWP Beauty and Eastman. The partnership made a major contribution to the expansion of onTop's premier skincare packaging application.
Segmentation Table
Attribute Details
Study Period 2019-2032
Estimated Year 2024
Base Year 2023
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 7.92% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Material
Plastic
Paper
Metal
Glass
By Product Type
Bottles & Jars
Bags & Pouches
Tubes
Boxes & Cartons
Trays & Films
Caps & Closures
Others
By Application
Skin Care
Hair Care
Oral Care
Body Care
Others
By Region
North America (By Material, Product Type, Application, and Country)
U.S. (By Application)
Canada (By Application)
Europe (By Material, Product Type, Application, and Country)
Germany (By Application)
U.K. (By Application)
France (By Application)
Italy (By Application)
Spain (By Application)
Russia (By Application)
Poland (By Application)
Romania (By Application)
Rest of Europe (By Application)
Asia Pacific (By Material, Product Type, Application, and Country)
China (By Application)
India (By Application)
Japan (By Application)
Australia (By Application)
South Korea (By Application)
Southeast Asia (By Application)
Rest of Asia Pacific (By Application)
Latin America (By Material, Product Type, Application, and Country)
Brazil (By Application)
Mexico (By Application)
Argentina (By Application)
Rest of Latin America (By Application)
The Middle East & Africa (By Material, Product Type, Application, and Country)
Saudi Arabia (By Application)
UAE (By Application)
Oman (By Application)
South Africa (By Application)
Rest of the Middle East & Africa (By Application)
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