Home Care Packaging Market 2022 Future Trends, Historical Analysis, Competitive Landscape and Regional Forecast 2028 | Amcor PLC, Ball Corporation, RPC Group

Home Care Packaging Market With strategic analysis, micro and macro market trend and scenarios, pricing analysis, and a holistic assessment of market conditions in the future term, this market research study keeps a close eye on major rivals. It's a thorough research that focuses on key and secondary drivers, market share, leading segments, and geographic analysis. The Home Care Packaging market also examines significant players, major collaborations, mergers and acquisitions, as well as current innovation and corporate strategies.

The home care packaging market was valued at USD 94.45 billion in 2020 and is expected to reach USD 160.96 billion by 2027, and grow at a CAGR of 8.5% over the forecast period (2022 - 2027).

Top Key Players are covered in this report: Amcor PLC, Ball Corporation, RPC Group, Winpak Ltd, AptarGroup  Inc., Sonoco Products Company, Silgan Holdings, Tetra Laval International SA, DS Smith PLC, Can-Pack SA, ProAmpac

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Recent Developments:

April 2019 - RPC Promens introduced its Varibox IBC in the United Kingdom and Ireland, offering the ideal solution for the safe and cost-effective handling of hazardous chemicals. Roto-molded in polyethylene, the Varibox features an inner container enclosed within a strong outer cover and incorporates a special discharge valve for easy dispensing of the product with no need to remove a cap. To meet the specific needs of the UK and Irish markets, the standard 2-way secured entry pallet has been augmented with the availability of a 4-way secured entry version, allowing even greater flexibility in the movement of the container by a forklift or pallet jack without compromising on safety.

Key Market Trends:

Asia-Pacific is Leading the Demand in Homecare Packaging Market

The Asia-Pacific home care product industry is forecast to lead the industry due to increasing population, new demand for home care products, and changing lifestyles. Growth in this region is expected mainly in the developing markets, such as India and China, due to high retail sales growth. Higher sales growth percentage of consumer goods and rising consumer expenditures are the key factors boosting the home care products industry.

- The FMCG industry in India has significantly contributed to the growth of home care products in the country. According to IBEF, the FMCG market in India is expected to witness a CAGR of 20.6% and is expected to reach USD 103.7 billion by 2020 from USD 49 billion in 2016.

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Key market aspects are illuminated in the report:

Executive Summary: It covers a summary of the most vital studies, the Global Home Care Packaging market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.

Study Analysis: Covers major companies, vital market segments, the scope of the products offered in the Global Home Care Packaging market, the years measured, and the study points.

Company Profile: Each company in this market sector is screened based on its goods, value, SWOT analysis, capacity, and other key characteristics.

Manufacture by region: This Global Home Care Packaging Market report offers data on imports and exports, sales, production and key companies in all studied regional markets

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