The latest research study “Home Care Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group offers a comprehensive analysis of the industry, which comprises insights on the personal care packaging market.
Is the home care packaging market good for investment or future trends?
The global home care packaging market size reached US$ 91.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 122.0 Billion by 2027, exhibiting a growth rate (CAGR) of 4.66% during 2022-2027.
What is the home care packaging?
With the inflating income levels and increasing awareness about overall health and wellbeing, there is a considerable rise in the adoption of home care products around the world. These products are available in packaging solutions of different sizes, colors, ranges, and material types. Home care packaging solutions offer convenience and security during the storage and transportation of products. They ensure effective utilization and maximum efficiency of products and help protect and safeguard the contents from microbial contamination. They also assist brands in building their brand image.
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What is the drivers of change in trends for the home care packaging market:
The growing adoption of compact packages due to their affordability and ease of usage and storage represents one of the key factors driving the market. Moreover, a shift in consumer preferences towards flexible packaging, in confluence with the increasing focus on consumer-oriented packaging production, is strengthening the growth of the market. Apart from this, with the increasing environmental concerns, governing agencies of numerous countries are offering tax exemptions to companies who are adopting innovative and sustainable ways of manufacturing products. This is encouraging companies to use recycled plastics and provide refill pouches for minimizing the ecological footprint.
Global Home Care Packaging Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Amcor Plc
- AptarGroup Inc.
- Ball Corporation
- DS Smith Plc
- Mondi Group
- Silgan Holdings
- Sonoco Products Company
- Tetra Laval International SA
- Winpak Ltd. (Wihuri Packaging Oy)
The report has segmented the market on the basis on region, product, material type and packaging type.
Breakup by Product:
- Dishwashing Products
- Laundry Care Products
- Air Care Products
Breakup by Material Type:
Breakup by Packaging Type:
- Metal Cans
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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