United States Personal Care Packaging Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
United States Personal Care Packaging Market is expected to register a CAGR of 3.3% during the period of 2022-2027. United States is one of the largest markets when it comes to cosmetics, personal care products, and fragrances market. In 2020, L'Oréal's global consolidated sales from North America generated about EUR 6.9 billion, as compared to EUR 4.4 billion in 2011, only next to the Asia-Pacific region. United States accounts for a significant percentage of the North American cosmetics share.
Key HighlightsThe US Personal Care Packaging Market is moderately fragmented due to the presence of players, like AptarGroup Inc., RPC Group Plc (Berry Global Group), Silgan Holdings Inc., amongst several others. The players can be noted to expand into the studied market with substantial R&D investments, driving towards the sustainability and digitization of the packaging industry in the country. An aging population, pollution, and new product innovations are some of the factors encouraging the players to introduce new products and programs focused on sustainability, impacting the personal care packaging market in the country positively.
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