Global Home Care Packaging Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Home Care Packaging Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global home care packaging market report has been segmented on the basis of product type, material, packaging type, and region.
Global Home Care Packaging Market: Overview
Homecare packaging includes packaging of the products that are used for maintaining the hygiene and cleanliness of the households. These products can be packaged by using various containers, cans, bottles, jars, etc., depending upon the form of the product.
Global Home Care Packaging Market: Dynamics
Increasing awareness about maintaining the cleanliness and hygiene of the households is a major factor driving growth of the global market. In addition, increasing urbanization, improved standard of living and increased spending capacity are some additional factors anticipated to propel the demand for home care products and supporting growth of the target market. Homecare product manufacturers are adopting various strategies in order to differentiate their products and sustain in the competitive market such as launching new and innovative products, advancements in packaging technologies and customization as per need of the consumers. This will surge the demand for home care products and ultimately support growth of the global market.
Key trends observed in the global market is the availability of home care products in multiple variants including flower fragrances and availability on various e-commerce shopping channels at a discounted price.
However, high fragmentation of homecare products market and environmental concerns associated with the usage of plastic material are some major factors projected to hamper growth of the global market.
Global Home Care Packaging Market: Segmental Analysis
Among the product type segments, the toiletries segment is expected to account for significant shares of the global market, in terms of revenue. This is attributed to increasing awareness regarding maintaining personal hygiene.
Among the material segments, the plastic segment is projected to register substantial growth, owing to its durability, cost-effectiveness, and other benefits.
Among the packaging type segments, the pouches segment is expected to contribute to significant revenue shares of the global market. This is owing to sustainability, durability, convenience, customization in terms of quantity of the product, and better visibility in shelf offered by pouch packaging.
Global Home Care Packaging Market: Regional Analysis
Asia Pacific is expected to dominate the home care packaging market and will continue its dominance during the forecast period. This can be attributed to the rapidly growing packaging industry in this region. In addition, increasing urbanization, improved living standards coupled with increasing disposable income are some additional factors supporting the revenue growth of the target market. Furthermore, several initiatives of governments such as organizing the campaigns for creating awareness regarding health issues caused due to lack of cleanliness is fueling the demand for home care products and therefore propelling growth of the target market. North America home care packaging market is expected to register significant growth, which can be attributed to high awareness regarding health. In addition, the presence of the major packaging companies is a factor expected to propel the target market growth in the region. Moreover, a high standard of living, willingness to pay more for premium cleaning products coupled with high disposable income are some other factors expected to support revenue growth of the target market.
Global Home Care Packaging Market Segmentation:
Segmentation by Product Type:
- Laundry Care
- Air Care
Segmentation by Material:
Segmentation by Packaging Type:
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Amcor Limited
- Mondi Plc
- Bemis Company, Inc.
- Rexam plc
- RPC Group
- Winpak Ltd.
- AptarGroup, Inc.
- Sonoco Products Company
- Silgan Holdings
- Tetra Laval
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