Personal Care Packaging Market 2021 Global Insights and Business Scenario – Amcor PLC, DS Smith PLC, Albea SA

Market Insights Reports delivers key insights on the Personal Care Packaging market in its latest report titled, “Personal Care Packaging Market - Growth, Trends, COVID-19 Impact, And Forecasts (2021 - 2025)” provides an in-depth analysis of key players strategies, market growth, product demand, growth factors, technological innovations, regional outlook and global dynamics which includes drivers, challenges, and opportunities dominant in the industry. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The personal care packaging market was valued at USD 24.49 billion in 2019 and is expected to reach a value of USD 31.9 billion by 2025, at a CAGR of 4.78% during the forecast period from 2020 to 2025.

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Top Key Players in the Global Personal Care Packaging Market: Albea SA, HCP Packaging Co. Ltd, RPC Group Plc (Berry Global Group), Silgan Holdings Inc., Bemis Company Inc., DS Smith PLC, Graham Packaging Company, Libo Cosmetics Company Ltd, AptarGroup Inc., Amcor PLC, Cosmopak Ltd, Quadpack Industries SA, Rieke Packaging Systems Ltd, Gerresheimer AG, Raepak Ltd, and Others.

Industry News and Update:

- March 2020 - Aptar has created the world’s first certified recycled plastic beauty packaging that is certified by the International Sustainability and Carbon Certification (ISCC) and is used in the relaunch of REN Clean Skincare’s moisturizer, EVERCALM Global Protection Day Cream. This plastic is compliant for use as packaging for both food and cosmetics. It is of a quality that is equal to virgin plastic in terms of visual aspects like transparency, brightness, decorative possibilities, and flexibility.

- February 2020 - Silgan Holdings Inc. announced that it had acquired Cobra Plastics, Inc. The combination of Cobra’s over cap product line with the aerosol actuators and dispensing systems will allow Silgan to offer a broader range of integrated solutions, including functional over caps, to meet the unique needs of the customers.

Key Market Trends:

Hair Care is Expected to Hold Significant Share

- Haircare brands use packaging to their advantage, both in the salon and beyond. Haircare for the retail segment is highly competitive, and hair care brands are relying on packaging differentiation to forge a connection with consumers. Most of the haircare brands experiment with the interplay of matte and gloss printing techniques and are increasingly incorporating sensory elements into their packaging. The use of treatment oils for added heat styling protection, imparting shine, or decreasing frizz has led to the increased use of dropper packaging as a dosing and precision application method.

- Many Japanese beauty giants are keen to push forward their presence in Europe. For instance, Kao’s haircare brand based in Tokyo, Guhl, is tapping into rising demand for sustainable products. Guhl, a Kao-owned hair care player, available in Germany, Austria, Switzerland, and the Netherlands, has launched a new sustainable packaging, meaning its shampoo bottles now consist of 50% recycled Polyethylene terephthalate (rPET). Moreover, the conditioner bottles used were made of 100% polypropylene (PP) and therefore were fully recyclable.

- In November 2019, L’Oréal moved to a pouch package for hair care products. The company collaborated with ProAmpac to develop a unique and more sustainable, flexible package. For L’Oréal’s REDKEN Flash Lift Bonder, the supplier replaced a rigid container with an inner bag and twisted tie with a single flexible package that includes a distinctive pour spout. Moreover, Toni & Guy, an international chain of hairdressing salons, has developed new packaging designs to appeal to more grown-up consumers. They relate closely to the brand’s salon and want reassurance for purchasing a genuine salon brand product.

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North America is Expected to Hold Significant Share  

- The United States is a leading cosmetics, personal care products, and fragrances market. According to a study commissioned by the Brazilian Association of the Personal Hygiene, Perfumery and Cosmetics Industry in 2018, the United States was the most valuable cosmetics industry in the globe generating a revenue of USD 89.5 billion. The cosmetics market in the country has been dominated by players like L'Oreal, Unilever, Procter & Gamble Co., and other leading players. Similarly, the cosmetic packaging landscape in the country is consolidated with a few significant players like Albea SA, AptarGroup, Inc., etc.

- The United States' personal care market is experiencing a growing demand for premiumization in line with the global trend. This, in turn, is driving demand for innovative and premium packaging. For instance, Estee Lauder, in the recent past, launched the Bobbi Brown Art Stick Liquid Lip in a new color cosmetic container that offers convenience in the way liquid lipstick is applied. This overall premiumization is driving upscale packaging in glass and specialty cosmetic containers. In sync with the premiumization demands and intense focus on innovative and decorative packaging, Apatar Group Inc. acquired Fusion Packaging to expand its portfolio of differentiated design and decorative offerings for the cosmetics segment.

This Personal Care Packaging Market report addresses:

- The Market size from 2016-2021

- Expected market growth until 2025

- Forecast of how market drivers, restraints, and future opportunities will affect

- Segment and regions that will drive or lead the market growth and why

- Comprehensive mapping of the competitive landscape

- In-depth analysis of key sustainability strategies adopted by market place

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