LONDON--(BUSINESS WIRE)--The personal care packaging market is expected to grow by USD 3.91 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the personal care packaging market in optimistic, probable, and pessimistic forecast scenarios.
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The personal care packaging market will witness a positive impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to increase in 2020 as compared to 2019.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
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Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Related Report on Materials Includes:
Global Luxury Packaging Market - Global luxury packaging market is segmented by end-user (personal and medical care, food and confectionery, beverage, and others), material (paperboard, glass, plastic, and others), and geography (APAC, Europe, North America, MEA, and South America). Click Here to Get an Exclusive Free Sample Report
Global PET Packaging Market - Global PET packaging market is segmented by end-user (beverages, household goods, food, and pharmaceutical) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report
Major Three Personal Care Packaging Market Participants:
Albéa Services SAS
Albéa Services SAS operates its business through the Unified segment. The company offers a wide range of personal care packaging products such as oval shape laminate tubes, fragrance pumps, eyebrow pencils, and chubby lipsticks.
Amcor Plc operates its business through segments such as Flexibles and Rigid Packaging. The company offers a wide range of personal care packaging products such as high-barrier rigid films, polyethylene overwrap films, and bag-on-valve packaging.
AptarGroup Inc. operates its business through segments such as Beauty+Home, Pharma, and Food+Beverage. The company offers a wide range of personal care packaging products such as Bliss, Bravo, Disc Top, EuroFlow, and GS Swan. The products offered by the company are available under Baby Care, Body Care, Deodorant, Hair Care/Hair Styling, Oral Care, Personal Cleansing, Sexual Well-being, Shaving/Depilatories, and Sun Care product categories.
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Personal Care Packaging Market 2020-2024: Segmentation
Personal care packaging market is segmented as below:
- North America
- South America
The personal care packaging market is driven by rising global personal care spending. In addition, other factors such as the rise in the need for innovative packaging are expected to trigger the personal care packaging market toward witnessing a CAGR of over 2% during the forecast period.
Get more insights about the global trends impacting the future of the personal care packaging market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR44327
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.