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India Personal Care Packaging Market Projected Growth to USD 7.63 Billion by 2029, Advancing at a CAGR of 6.3%

12-03-2024 12:31 PM CET | Consumer Goods & Retail

Press release from: MAXIMIZE MARKET RESEARCH PVT.LTD

India Personal Care Packaging Market

India Personal Care Packaging Market

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ข๐š ๐๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ ๐‚๐š๐ซ๐ž ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ

India's personal care packaging market, valued at USD 5.4 billion in 2023, is set to witness robust growth driven by increasing disposable income, changing consumer preferences, and a growing demand for sustainable packaging solutions. The market is expected to grow at a CAGR of 9.1% during the forecast period (2024-2030), which is in line with global trends.

In India, demand is primarily focused on eco-friendly packaging solutions like biodegradable materials, airless packaging, and recyclable plastics, as consumers and brands become increasingly aware of environmental concerns. This is fostering a shift in packaging design and manufacturing toward sustainable and cost-effective materials.

๐…๐จ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐‹๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/45625/

๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ฅ๐จ๐›๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ

Vietnam and Thailand have seen a surge in mergers, with both countries leading the trend in acquiring sustainable packaging technologies. Major local players are teaming up with global brands to improve their portfolio and strengthen market penetration.

In Singapore, industry leaders are consolidating efforts to bring cutting-edge smart packaging solutions, including temperature-sensitive packaging and anti-counterfeit technologies.

Japan is witnessing high-profile acquisitions between multinational firms and Japanese companies to integrate innovative packaging design into the personal care sector. Companies like Amcor and Sealed Air are expanding their footprint through local acquisitions to meet growing regional demand.

South Korea is also a hotbed for innovation, with LG Chem and other local packaging players investing heavily in sustainable packaging R&D and expanding into international markets through acquisitions.

Meanwhile, European countries are seeing cross-border acquisitions, especially focused on sustainability and recycled content packaging. As the region places emphasis on eco-friendly packaging, the drive for sustainable solutions has led to key mergers and acquisitions.

The U.S. market, with its focus on convenience and high-quality design, is also ripe with activity. For example, Sonoco Products has recently acquired Plastic Packaging Technologies to enhance its capabilities in personal care packaging, particularly for the beauty and skincare segments.

๐…๐จ๐ซ ๐Ÿ๐ฎ๐ซ๐ญ๐ก๐ž๐ซ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง, ๐œ๐ฅ๐ข๐œ๐ค ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/45625/

๐ˆ๐ง๐๐ข๐š ๐๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ ๐‚๐š๐ซ๐ž ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐›๐ฒ ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ

Glass
Paper
Metal
Plastic

๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ

Bath & Shower
Skin Care
Hair Care
Baby Care
Oral Care
Sun Care
Fragrances
Others

๐›๐ฒ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐“๐ฒ๐ฉ๐ž

Bottles
Cartons
Pouches
Metal Cans
Jars
Others

๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‹๐ข๐ง๐ค ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐‚๐ฅ๐ข๐œ๐ค ๐‡๐ž๐ซ๐ž @https://www.maximizemarketresearch.com/request-sample/45625/

๐ˆ๐ง๐๐ข๐š ๐๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ ๐‚๐š๐ซ๐ž ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

1. Uflex Ltd
2. Essel
3. Huhtamaki PPL Ltd
4. Amcor
5. Hitech Group
6. AptarGroup
7. Skypack
8. Bemis
9. WestRock India
10. Mondi Group
11. Scholle IPN
12. Rexam
13. RPC Group
14. Silgan Holdings
15. Sonoco
16. Winpak
17. Huntsman Corporation
18. Tredegar Corporation
19. Manjushree Technopack Limited (MTL)
20. BACFO Pharmaceuticals (India) Ltd.
21. Clensta International
22. Mitsui Chemicals Group

๐“๐จ ๐†๐ž๐ญ ๐Œ๐จ๐ซ๐ž:https://www.maximizemarketresearch.com/market-report/india-personal-care-packaging-market/45625/

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ, ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ, ๐š๐ง๐ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐œ ๐Œ๐จ๐ฏ๐ž๐ฌ

Several leading companies are shaping the future of India's personal care packaging market through strategic acquisitions and investments. Notable companies include:

Amcor PLC: Amcor has made strategic acquisitions across Southeast Asia to strengthen its position in personal care packaging. Their acquisition of Shanghai Anmeiko Packing Co. in 2023 significantly expanded their capabilities in producing eco-friendly packaging solutions.

Berry Global, Inc.: Berry Global has increased its presence in India by acquiring local packaging firms that specialize in biodegradable packaging solutions. Their most recent acquisition of India Plastics Pvt. Ltd. has positioned them as a leader in sustainable personal care packaging in India.

Mondi Group: In 2023, Mondi Group merged with EcoPack Solutions, a global packaging company, to expand their recycled content packaging options for personal care brands in the U.S. and Europe.

Unilever: Unilever has partnered with local packaging suppliers in India to offer refillable packaging for personal care items, such as shampoos and lotions, in an effort to reduce plastic waste. Their acquisition of MooFresh Packaging Pvt. Ltd. has enabled them to integrate sustainable materials into their product lines.

Cospack: A major player in the Asia Pacific region, Cospack has made multiple acquisitions in the smart packaging space. Their latest acquisition of PackTech Innovations enhances their ability to offer personalized packaging solutions to top personal care brands.

Sealed Air Corporation: Sealed Air has recently expanded its product range for the personal care sector, acquiring Freshpak Technologies, which specializes in temperature-sensitive and anti-counterfeit packaging.

๐Š๐ž๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ฅ๐จ๐›๐š๐ฅ ๐๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ ๐‚๐š๐ซ๐ž ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ

Sustainability at the Forefront: A key trend is the shift towards eco-friendly materials. Companies are investing heavily in bio-based plastics, recyclable materials, and paper packaging, aiming to cater to the environmentally conscious consumer.

Smart Packaging: Technological advancements are integrating QR codes and RFID tags in packaging to offer consumers more information and enhance product security. This trend is gaining traction, especially in luxury personal care products.

Personalized and Custom Packaging: As brands strive to offer unique experiences, customized packaging solutions are in demand. Whether it's tailored designs or refillable packaging options, this market is responding to the growing trend of consumer personalization.

Rising Demand for Airless and Pump Dispensers: Airless packaging is gaining popularity for cosmetics and skincare, allowing brands to offer products with a longer shelf life and more effective dispensing solutions.

๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆ Global Pre Engineered Buildings Market https://www.maximizemarketresearch.com/market-report/global-pre-engineered-buildings-market/30843/

โ™ฆ Global Premium Cosmetics Market https://www.maximizemarketresearch.com/market-report/global-premium-cosmetics-market/90273/

โ™ฆ Global Pre Zippered Pouches Market https://www.maximizemarketresearch.com/market-report/global-pre-zippered-pouches-market/25125/

โ™ฆ Global Processed Mango Product Market https://www.maximizemarketresearch.com/market-report/global-processed-mango-product-market/42767/

โ™ฆ Global Profilometer Market https://www.maximizemarketresearch.com/market-report/global-profilometer-market/22226/

โ™ฆ Global Pro Headphones Market https://www.maximizemarketresearch.com/market-report/global-pro-headphones-market/88090/

โ™ฆ Global Raw Pet Food Market https://www.maximizemarketresearch.com/market-report/global-raw-pet-food-market/108810/

โ™ฆ Global Residential Robotic Vacuum Cleaner Market https://www.maximizemarketresearch.com/market-report/global-residential-robotic-vacuum-cleaner-market/46692/

โ™ฆ Global Reusable Face Mask Market https://www.maximizemarketresearch.com/market-report/global-reusable-face-mask-market/89366/

โ™ฆ Global Reusable Food Wrap Market https://www.maximizemarketresearch.com/market-report/global-reusable-food-wrap-market/111423/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

A versatile market research and consulting firm, Maximize Market Research employs experts from several sectors. Medical device manufacturers, pharmaceutical companies, science and engineering, electronic components, industrial equipment, technology and communication, automobiles, chemical goods and substances, general merchandise, alcoholic beverages, personal care products, and automated systems are a few of the industries we cover. To name a few, we offer client impact studies, technical trend analysis, critical market research, competitive analysis, production and demand analysis, and market-verified industry estimations.

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