Home Care Packaging Market 2018-2023 | Amcor, Mondi, Bemis, Rexam, RPC, Winpak, AptarGroup, Sonoco, Silgan Holdings and Tetra Laval

Global Home care packaging Market Report by Product (Dishwashing, Insecticides, Laundry Care, Toiletries, Polishes, Air Care and Others), By Material (Plastic, Paper, Metal and Glass), By Packaging Type (Bottles, Cans, Cartons, Jars, Pouches and Others) and By Region - Global Forecast to 2023.

The global home care packaging market is expected to grow at ~ 8.5% CAGR during the forecast period 2018-2023.

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Market Highlights

In the recent years, home care products market has witnessed a lot of growth due to the increasing per capita income of individuals in the developing countries, and their preference to lead a healthier lifestyle. Improving standards of living, also act as a key factor for the growth of the market. Demand for home care products has been on an upward trend, especially, as the consumers, with growing health awareness, tend to avoid expensive medical care costs. To keep up with this demand, home care packaging industry has ramped up their offerings to differentiate between multiple packaging solutions, conveying useful information, without compromising on the safety standards. The packaging market for home care products is set to record high growth during the forecast period.

The global market for home care products is growing significantly due to increasing adoption of home care packages in developed economies. However, it is expected to witness an increase in demand in developing countries in near future due to the growing awareness about home care services. Growing health awareness, improving standards of living, and increase in per capita income of people are some of the reasons driving the growth of home care industry. Currently, there are number of players engaged in the business of home care product manufacturing. Wide range of product availability and variation in prices, also fuel the market growth. Packaging innovation, and technological developments for better results, are some other factors driving the market growth.

The market is expected to have a huge number of new entrants over the forecast period, owing to continuous developments in packaging industry with growing consumer preferences for high hygiene. The market is also expected to have high expansion activities by multinationals and well-established companies. Merger and acquisition activities are expected to be seen over the forecast period.

Toiletries by product, plastic by material and bottles by packaging type are expected to grow at the highest CAGR

Global home care packaging market has been segmented based on product, material, packaging type and region. Based on product the market has been segmented as dishwashing, insecticides, laundry care, toiletries, polishes, air care and others. Among these, the toiletries products, is projected to dominate the home care packaging market through 2023. The dominant position of this segment can be attributed to the rising hygiene concern among all classes of people across the globe. Based on the material, the market is segmented as plastic, paper, metal and glass. Plastic dominated the market in 2016 and is projected to be the fastest-growing material type. The wide application of plastic across all major packaging type is creating fruitful market for plastic as a material for global home care packaging market. Based on the packaging type, the market is segmented into bottles, cans, cartons, jars, pouches and others. Bottles dominated the market in 2016 and is projected to be the fastest-growing packaging type over the next five years. This is due to their convenience in storage, transporting and flexibility to handle all kinds of home care products.

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Global Home Care Packaging Market

The global home care packaging market is expected to witness phenomenal growth during the forecast period. This is due to the considerable growth in the packaging industry with population boom along with rise in disposable income. The growth is primarily attributed to rising incomes from the economic growth with growing concern over proper hygiene maintenance in various countries, which is likely to continue during the forecast years. The Asia Pacific region accounted for the largest share of the home care packaging market in 2016, wherein China was the largest country-level market, followed by India and Japan. Rising population with tremendous economic growth has resulted into a prenominal growth for home care products in the region and subsequently resulted in the growth of the home care packaging market.

Table of Contents

1 Executive Summary

2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model

3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Threat of Substitutes
3.1.4 Segment Rivalry
3.2 Value Chain/supply Chain Analysis

4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends

Continued.....

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