Personal Care & Cosmetics Industry Personal Care Packaging Market Report, 2024 | Page 2

Hexa Research

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‘ Bath & shower ’ accounted for over 20 % shares in 2014 . This application will undergo expansion till 2024 . The same would be attributed to awareness about hygiene & health , especially in Asia Pacific and the Middle East . Also , inclination towards shower gels , body washes , and liquid soaps & bars can boost segment sales .
In view of products , ‘ flexibles ’ dominated the personal care packaging market in 2014 . This segment is estimated to experience considerable expansion during the forecast period . It should notice over 6 % CAGR in the same period . Demand for the ‘ metals ’ segment will decrease in the coming seven years . The same would be credited to this product ’ s negative environmental effects , high storage expenses , and heavyweight .
With respect to packagings , bottles were the leading segment in 2014 . Bottles generated over 28 % of the total incomes that year . They are projected to dominate the market in the near future . This should result from their wide adoption across skin & hair care and shower & bath products . In terms of regions , ‘ Asia Pacific ’ dominated the market in 2014 . It stood over USD 8.1 billion the same year .
‘ MEA ’ is anticipated to expand significantly ( at over 7 %) in the seven years ahead . Augmenting demand for perfumes in Kuwait , Saudi Arabia , and U . A . E . could fuel this region . MEA would also be propelled by its higher purchasing power and active & young populace . Leading participants in the global personal care packaging market are Albea Group , Amcor , Sonoco , Mondi plc , and Bemis Company .
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