Press release
Baby Care Packaging Market Share, Size, Growth and Forecast Illuminated By New Report
The professional intelligence survey by the Transparency Market Research predicts that the global baby care packaging market will expand at a stellar growth rate of 5.5 % over the forecast years i.e. 2019 to 2027. It also projects that the global baby care packaging market will expand to reach the evaluation of US$ 3.5 billion by the end of the forecast period i.e. in 2027. The rising awareness amongst global population pertaining to the benefits of using proper and premium baby care products is anticipated to further the development of the global baby care packaging market during the forecast period. Furthermore, the ground breaking growth in the e-commerce sector is also expected to bolster the sales in global baby care packaging market in coming years.Read Report Overview at- https://www.transparencymarketresearch.com/baby-care-packaging-market.html
The types of packaging solutions offered by the manufacturers and players functional within the global baby care packaging market include pouches, tubes, bottles, and cans, among others. With a leading share of 57 %, the pouches segment dominated the global baby care packaging market in 2019 i.e. the base year for the study. The study predicts that the same segment will continue to lead the global baby care packaging market over the forecast period. This prominent positioning of pouches segment in the global baby care packaging market can be attributed to the rising consumer demand for portable as well as convenient pouches.
Plastics Material Segment to Dominate the Baby Care Packaging Market in Near Future
The types of materials used in manufacturing of products offered by the players in the global baby care packaging market include paper and paperboard, metal, glass, and plastics, such as polypropylene, polyethylene, and polyethylene terephthalate, among others. Owing to their cost effective, flexible, and light nature, the plastics segment led the global baby care packaging market in recent past. The same segment is projected to lead the global baby care packaging market in terms of value over the forecast period.
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Some of the major applications for the products and solutions offered by the manufacturers and players functional in the global baby care packaging market include skin care products, hair care products, and sanitation and hygiene products, among others. Amongst these, the skin care segment is anticipated to witness heightened demand in the global baby care packaging market during the forecast years. This trend can be attributed to rising preference as well as availability of organic and natural skin care products in the baby care domain. This rising demand is also expected to favor the growth in tubes and cans packaging segments as skin care products are usually packed in these containers.
Asia Pacific to Record Substantial Growth in the Baby Care Packaging Market
Key regions evaluated in the business intelligence study on the global baby care packaging market include Latin America, Middle East and Africa, Europe, North America, and Asia Pacific. Regionally, Asia Pacific is likely to lead the global baby care packaging market in 2027, in terms of value and share. This leading positioning of Asia Pacific region in the global baby care packaging market can be attributed to rising disposable income amongst regional working female population, increasing penetration by international players in baby care products industry, and frequent new product launches by local and multinational players.
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Few of the most prominent and leading manufacturers and players functional within the global baby care packaging market include Sonoco Products Company, Winpak Ltd., WestRock Company, Smurfit Kappa Group, DS Smith PLC, American Packaging Corporation, Berry Global Group, Inc., Uflex Ltd., Emerald Packaging Inc., Schur Flexibles Group, Amcor Limited, Sealed Air Corporation, Mondi Group, Silgan Holdings Inc., Bemis Company, Inc., ProAmpac LLC, Constantia Flexibles Group GmbH, Huhtamaki OYJ, Transcontinental Inc., and Glenroy, Inc., among others. Manufacturers and players functional within the global baby care packaging market are constantly focused on developing and launching new and novel products to remain competitive.
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