- The key vendors in the global personal care packaging market 2015-2019 are Albéa Group, Amcor Ltd., Bemis Co. Inc. and Gerresheimer.
London, 22 April 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global personal care packaging market 2015-2019. Demand for flexible packaging is one of the major trends emerging in the market. This type of packaging contains high-barrier resins, which protect the product from moisture and oxygen and extends its shelf life. It has better performance than other packaging products, since this type of packaging is made with special coatings, laminated structures, and resins, it performs better than other packaging products. The global personal care packaging market is expected to grow at a CAGR of 4.52% in terms of volume and 5.30% percent in terms of revenue during the period 2015-2019.
The growth in the global personal care industry, demand for innovative designs and colors in packaging, and focus on packaging as an important tool for brand differentiation are the primary drivers of the market.
“Consumers across the globe are expressing concerns regarding the sustainable features of packaging,” says Faisal Ghaus, Vice President of Technavio Research.
“Many cosmetic manufacturers are opting for eco-friendly packaging materials in their effort to express concern for the environment. They are using recyclable materials in packaging, particularly bio-plastics.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3E%3Cspan%20style%3D%22line-height%3A%201….
