Home Care Packaging Market Growth, Trends, Analysis, Future scope, Size, Share, Forecast to 2023
In the recent years, home care products market has witnessed a lot of growth due to the increasing per capita income of individuals in the developing countries, and their preference to lead a healthier lifestyle. Improving standards of living, also act as a key factor for the growth of the market. Demand for home care products has been on an upward trend, especially, as the consumers, with growing health awareness, tend to avoid expensive medical care costs. To keep up with this demand, home care packaging industry has ramped up their offerings to differentiate between multiple packaging solutions, conveying useful information, without compromising on the safety standards. The packaging market for home care products is set to record high growth during the forecast period.
The global Home Care Packaging Market is expected to grow at ~ 8.5% CAGR during the forecast period.
The global market for home care products is growing significantly due to increasing adoption of home care packages in developed economies. However, it is expected to witness an increase in demand in developing countries in near future due to the growing awareness about home care services. Growing health awareness, improving standards of living, and increase in per capita income of people are some of the reasons driving the growth of home care industry. Currently, there are number of players engaged in the business of home care product manufacturing. Wide range of product availability and variation in prices, also fuel the market growth. Packaging innovation, and technological developments for better results, are some other factors driving the market growth.
Key Players
The key players of global Home Care Packaging Market Amcor Limited (Australia), Mondi (South Africa), Bemis Company, Inc. (U.S.), Rexam plc (U.K), RPC Group (U.K.), Winpak Ltd. (Canada), AptarGroup, Inc. (U.S.), Sonoco Products Company (U.S.), Silgan Holdings (U.S.), and Tetra Laval (Switzerland).
Scope of the Report
This study provides an overview of the global Home Care Packaging Market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Home Care Packaging Market by its product, by material, by packaging type and by region.
By Product
- Dishwashing
- Insecticides
- Laundry Care
- Toiletries
- Polishes
- Air Care
- Others
By Material
- Plastic
- Paper
- Metal
- Glass
By Packaging Type
- Bottles
- Cans
- Cartons
- Jars
- Pouches
- Others
By Regions
- North America
- Asia Pacific
- Europe
- Rest of the World
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