Press release
India Personal Care Packaging Market Projected Growth to USD 7.63 Billion by 2029, Advancing at a CAGR of 6.3%
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐๐ง๐๐ข๐ ๐๐๐ซ๐ฌ๐จ๐ง๐๐ฅ ๐๐๐ซ๐ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญIndia'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 ๐จ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/45625/
๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ
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 ๐จ๐ซ ๐๐ฎ๐ซ๐ญ๐ก๐๐ซ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/45625/
๐๐ง๐๐ข๐ ๐๐๐ซ๐ฌ๐จ๐ง๐๐ฅ ๐๐๐ซ๐ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ
Glass
Paper
Metal
Plastic
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ
Bath & Shower
Skin Care
Hair Care
Baby Care
Oral Care
Sun Care
Fragrances
Others
๐๐ฒ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐ฒ๐ฉ๐
Bottles
Cartons
Pouches
Metal Cans
Jars
Others
๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ง๐ค ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐ @https://www.maximizemarketresearch.com/request-sample/45625/
๐๐ง๐๐ข๐ ๐๐๐ซ๐ฌ๐จ๐ง๐๐ฅ ๐๐๐ซ๐ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
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
๐๐จ ๐๐๐ญ ๐๐จ๐ซ๐:https://www.maximizemarketresearch.com/market-report/india-personal-care-packaging-market/45625/
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ซ๐ ๐๐ซ๐ฌ, ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ, ๐๐ง๐ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐จ๐ฏ๐๐ฌ
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.
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐ฌ๐จ๐ง๐๐ฅ ๐๐๐ซ๐ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ
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.
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
โฆ Global Pre Engineered Buildings Market https://www.maximizemarketresearch.com/market-report/global-pre-engineered-buildings-market/30843/
โฆ Global Premium Cosmetics Market https://www.maximizemarketresearch.com/market-report/global-premium-cosmetics-market/90273/
โฆ Global Pre Zippered Pouches Market https://www.maximizemarketresearch.com/market-report/global-pre-zippered-pouches-market/25125/
โฆ Global Processed Mango Product Market https://www.maximizemarketresearch.com/market-report/global-processed-mango-product-market/42767/
โฆ Global Profilometer Market https://www.maximizemarketresearch.com/market-report/global-profilometer-market/22226/
โฆ Global Pro Headphones Market https://www.maximizemarketresearch.com/market-report/global-pro-headphones-market/88090/
โฆ Global Raw Pet Food Market https://www.maximizemarketresearch.com/market-report/global-raw-pet-food-market/108810/
โฆ Global Residential Robotic Vacuum Cleaner Market https://www.maximizemarketresearch.com/market-report/global-residential-robotic-vacuum-cleaner-market/46692/
โฆ Global Reusable Face Mask Market https://www.maximizemarketresearch.com/market-report/global-reusable-face-mask-market/89366/
โฆ Global Reusable Food Wrap Market https://www.maximizemarketresearch.com/market-report/global-reusable-food-wrap-market/111423/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
MAXIMIZE MARKET RESEARCH PVT. LTD.
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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