Market Size of Europe Personal Care Packaging Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.49 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Europe Personal Care Packaging Market Analysis
The Europe Personal Care Packaging Market is estimated to grow at a CAGR of about 3.49% over the forecast period. The impact of Covid-19 on the personal care packaging industry is mixed. The demand of some products have reached heights during this pandemic. The packaging demand for healthcare, baby care, skin care have raised sharply. But the demand for luxury, homecare products have declined. The impact depends on the exposure to differnt regions and portfolio of the packaging players.
- The packaging of personal care is done for avariety of products like cosmetics, soaps, shampoos, baby creams, toiletries and oil. The forms of packages of personal care include pumps, boxes, bottles made up of various materials like plastics, glass, paperboard, rasin, metal and others. Changing in consumer lifestyles, rapid urbanization, advancing packaging technology attracts the customers to use these packaged products.
- Rising consumption of cosmetic and beauty products coupled with increasing advance innovation in packaging technology is projected to propel the market. The rise in the demand for hair and skin products, rising awareness about envirnmental friendly and healthy living are expected to fuel the growth of the market.
- More growth opportunity is forecasted for its lighter nature, cost effectiveness and high durablity, but strict regulations for the safety packaging is somehow hampering the exponential growth. Environment is a prominent part of the personal care sector. Recent studies shows that owners of the brands are focussed upon the demand for nature-friendly packaging, environmental products and recycled packaging.
- Innovation in the product packaging is creating huge oppertunities opportunities within the industry. Growth is happening with the incerasing purchasing power, interest towards eco-friendliness. Focussing on easy, multi-functional, sustainable, convenient resources are some of the major drivers of the market.
