Personal Care Packaging Market Size to Grow by $ 3.91 bn During 2020-2024
Technavio has been monitoring the personal care packaging market and it is expected to grow by $ 3.91 bn, accelerating at a CAGR of almost 2% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report
Personal Care Packaging Market: APAC to lead market growth during the forecast period
Personal Care Packaging Market: Key Competitors
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Albéa Services SAS, Amcor Plc, AptarGroup Inc., Berry Global Group Inc., DS Smith Plc, Gerresheimer AG, HCP Packaging UK Ltd., Mondi Group, Reynolds Group Holdings Ltd., and Silgan Holdings Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
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Personal Care Packaging Market: Key Highlights of the Report for 2020-2024
Personal Care Packaging Market | APAC to Dominate Market With 43% of the Global Market's Growth Originating From APAC 2020-2024
Technavio has been monitoring the Global Personal Care Packaging Market is expected to grow by USD 3.91 billion progressing at a CAGR of over 2% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Download latest version with COVID-19 analysis Free Sample Report
Personal Care Packaging Market: The Rise in Need for Innovative Packaging Will Drive Market Growth
APAC will offer several growth opportunities to market vendors during the forecast period.43% of the market’s growth will originate from APAC during the forecast period. 43% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for personal care packaging market in APAC. Factors such as rising global personal care spending and growing popularity of men's personal care products will also offer immense growth opportunities This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the personal care packaging market size.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment.
Personal Care Packaging Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Albéa Services SAS, Amcor Plc, AptarGroup Inc., Berry Global Group Inc., DS Smith Plc, Gerresheimer AG, HCP Packaging UK Ltd., Mondi Group, Reynolds Group Holdings Ltd., and Silgan Holdings Inc.are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report
Personal Care Packaging Market: Key Highlights of the Report for 2020-2024
