Press release
India Personal Care Packaging Market Industry Outlook, Fastest Growth and Forecast To 2029
4.9.2023: India Personal Care Packaging Market Expected to Reach USD 7.636.20 Million by 2029, with 6.3 % CAGRPersonal Care Packaging Market Report Scope and Research Methodology
Report Scope:
Personal care packaging encompasses various materials such as plastic, flexible packaging, paperboard, glass, and metals, all aimed at preserving personal care items from contamination and other issues. The market trends include sustainability, convenience, male grooming, and value-added goods. The report delves into the dynamics of the Indian personal care packaging market, examining factors influencing it, both from demand and supply sides. It also addresses the market's response to the COVID-19 pandemic, providing insights into how it affected market leaders, followers, and disruptors.
Research Methodology:
The research methodology for this report involved a comprehensive analysis of industry factors, including government policies, market environment, competitive landscape, historical data, current market trends, technological innovations, and progress in related industries. Secondary research sources like press releases, company annual reports, government websites, and research papers were consulted to gather qualitative and quantitative data. Paid databases such as Reuters, Bloomberg, and Hoovers were used to extract information. A bottom-up market sizing approach, considering both macro and micro views, was employed to calculate market size accurately.
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What are Personal Care Packaging Market Dynamics?
Drivers:
Increasing Wealth & Personal Hygiene: India's rapid economic growth and rising disposable income have led to increased usage of personal care products, fueling market expansion.
Rise in Bio-Degradable Eco-friendly Packaging: Consumer behavior is shifting towards natural and organic products packaged in eco-friendly materials.
Rising Social Influence for Personal Care Products: Greater awareness of cosmetics and personal care products, driven by social media influencers, is boosting market growth.
Restraints:
Despite sustainability efforts in the cosmetics industry, little has been done to address the environmental impact of packaging.
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Personal Care Packaging Market Segmentation?
by Material
• Glass
• Paper
• Metal
• Plastic
by Products
• Bath & Shower
• Skin Care
• Hair Care
• Baby Care
• Oral Care
• Sun Care
• Fragrances
• Others
by Packaging Type
• Bottles
• Cartons
• Pouches
• Metal Cans
• Jars
• Others
Who are Personal Care Packaging Market Key Players?
• Uflex Ltd
• Essel
• Huhtamaki PPL Ltd
• Amcor
• Hitech Group
• AptarGroup
• Skypack
• Bemis
• WestRock India
• Mondi Group
• Scholle IPN
• Rexam
• RPC Group
• Silgan Holdings
• Sonoco
• Winpak
• Huntsman Corporation
• Tredegar Corporation
• Manjushree Technopack Limited (MTL)
• BACFO Pharmaceuticals (India) Ltd.
• Clensta International
• Mitsui Chemicals Group
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Regional Insights:
The Indian personal care packaging market is witnessing significant growth due to changing consumer preferences, increased emphasis on personal health and hygiene, and government initiatives promoting eco-friendly packaging materials. Materials like plastic and glass dominate the market, with plastic expected to maintain its dominance. Products such as Bath & Shower and Skin Care are leading the market, with Skin Care expected to witness significant growth. Non-luxury products dominate the market share, while packaging types like Bottles and Pouches are highly favored for cosmetics packaging.
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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