Personal Care Packaging Market Size, Company Share and Capacity Forecasts 2016

Hexa Reports

Market Research Reports and Insightful Company Profiles

Personal Care Packaging Market Size, Share, Trend

Analysis, Market Growth By Technology Application And

Segment Forecasts To 2022

The global personal care packaging market is expected to reach USD 37.25 billion by 2022, according to

a new report by Grand View Research, Inc. Rising consumption of cosmetic and beauty products along

with advancements in packaging technology is expected to drive the global over the next seven years. In

addition, changing lifestyle along with rapid urbanization is expected to stimulate industry growth.

Growing demand for flexible packaging owing to its lightweight property as well as high durability in

China, India and Brazil is expected to propel growth over the forecast period.

Rigid plastics accounted for over 35.0% of the global revenue and are expected to witness significant

gains over the next seven years as they are non-corrosive, light, and cheap. Increasing demand for rigid

plastics in hair care and skin care applications owing to its superior properties of high impact strength,

high stiffness, and high barrier properties will drive industry.

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Further key findings from the report suggest:

Fragrances are expected to witness growth at a CAGR of 6.3% from 2015 to 2022 on account of its

growing demand in perfumes, deodorants, soaps, body washes and moisturizers. Large manufacturing

base of perfume industry coupled with growing domestic demand in U.S., Germany, India, Saudi Arabia,

China, Mexico, France and UK is expected to drive market growth. Rising disposable income coupled

with increasing penetration of players such as P&G and RB through new product launches in China and

India is expected to promote fragrances industry growth, thereby.

North America accounted for 23.4% of the...