Personal Care Packaging Market Headed for Growth and Global Expansion
The study predicts 5.5 percent annual growth for the global personal care packaging market through 2019.
A new market assessment report from PMMI, The Association for Packaging and Processing Technologies, the owner and producer of PACK EXPO Las Vegas and Pharma EXPO 2015 (Sept. 28–30; Las Vegas Convention Center), predicts 5.5 percent annual growth for the global personal care packaging market through 2019. “Personal Care Market Assessment” also examines global trends, drivers and opportunities from the choice of materials to operations.
Growth in formats and materials
Bottles account for 30 percent of the market and are expected to grow an additional 28 percent through 2019, making them the most commonly used container format in this market. Cartons are catching up, however, showing the greatest growth from 2010–2014 — from 9 to 19 percent of the market. As for materials, plastic is the most popular for personal care packaging, accounting for 61 percent of materials used. PMMI’s study projects plastic will remain dominant, growing 12 percent by 2019.