India Personal Care Packaging Market was valued at USD 4.97 Billion in 2022, and it is expected to reach USD 7.63 Billion by 2029, exhibiting a CAGR of 6.3 % during the forecast period (2023-2029) Personal care packaging refers to the materials used to preserve personal care items from contamination and other problems. These materials include plastic, flexible packaging, paperboard, glass, and metals. Personal care products are a diverse range of things frequently available in the health and beauty sections of pharmacies and department shops. Sustainability, convenience, male grooming, and value-added goods are the four top personal care packaging trends that have effectively captured the consumer's attention. Cosmetic firms are making modest progress in lowering their packaging footprints in terms of sustainability. Despite the cosmetics industry's focus on green efforts, little actions have been taken to address the environmental effect of packaging. To know about the Research Methodology :- Request Free Sample Report The report examines factors influencing India's Personal Care Packaging Market from both the demand and supply sides, as well as market dynamics influencing the market during the forecast period, such as drivers, restraints, opportunities, and challenges. The research examined the revenue impact of a COVID-19 pandemic on the sales revenue of market leaders, market followers, and disrupters, and this analysis reflects that. Furthermore, this report provides a detailed overview of the Indian personal care packaging market, segmented by products, verticals, and geography. Research Methodology The India Personal Care Packaging Market report provides an evaluation of the market for the forecast period. The research process included an examination of various industry factors such as government policy, market environment, competitive landscape, historical data, current market trends, technological innovation, upcoming technologies, and technical progress in related industries, as well as market risks, opportunities, market barriers, and challenges. A secondary research is conducted to identify the segment specifications, qualitative and quantitative data along with the factors responsible for the growth of the market. The secondary source referred for the research are press releases, company annual reports, government websites, and research papers related to market. Moreover, quantitative and qualitative data is extracted from paid database like Reuters, Bloomberg, Hoovers, etc. The secondary research carried out at primary level is verified by primary research. The main approach used to calculate accurate market size is bottom-up market sizing approach, where macro and micro view of all the potential customers, revenue and current market is considered as a whole. On the other hand, the research is also conducted by considering micro level segment that can be realistically targeted and calculated, which results in better forecasting and more accurate data on amore granular level. COVID-19 Impact on India Personal Care Packaging Market According to industry players, packaging companies witnessed higher volume growth and improved profitability in the April-June quarter in 2022, aided by an increase in consumption of packaged items during the coronavirus lockdown. Uflex, Cosmo Films, and Essel Propack have benefited from growing demand for products such as handwash and hand sanitizer, as well as food items. Uflex Ltd announced a more than two-fold increase in overall net profit for the quarter ended June 2020, at Rs 196.54 crore. Because of the pandemic, consumption patterns have shifted, and flexible packaging has become much more important, especially given the risks associated with unpackaged food. As a result, production and sales volume increased. From the standpoint of flexible packaging, single-use sanitizer packets were in high demand. Consumption of big 750 ml refill packs packed in spout pouches has increased dramatically in the liquid handwash category, which is believed to have doubled. Essential food packaging products such as wheat, rice, and edible oils saw a surge in demand due to increased household consumption and aggregation towards the organised market. During the lockdown, there was a transitory shift in consumer behaviour that resulted in bulk buying and hoarding due to the fear of stepping out and item scarcity. Given their operational limits, food and personal hygiene industries' offers were too focused on huge packaging. However, when the economy progressively opened up and the supply chain was restored, we have seen a return to normalcy in demand since July 2020.
India Personal Care Packaging Market DynamicsIncreasing Wealth & Personal Hygiene: Rapid Indian economic growth and rising disposable wealth have resulted in a shift in Indian lifestyle habits. It resulted in increased use of personal care goods, which fueled the expansion of the Indian personal care packaging market. The advancement of packaging technologies, as well as the availability of personal care products in novel forms like as sprays, pumps, sticks, rollers, balls, and pens, contribute to market expansion. One of the major reasons affecting demand for beauty and personal care products in India is the increased emphasis on personal health and hygiene. Furthermore, the Government of India and private groups are launching a number of campaigns to raise awareness about the significance of feminine and personal cleanliness. It also increased demand for personal care products, enhancing the packaging market. Wherever BOPP (biaxially-oriented polypropylene) is preferred as a standard cosmetics packaging material, these key market players use polypropylene films for the most sophisticated cosmetic packaging. Since its introduction, 3D printing technology has been widely used by cosmetic packaging industries throughout the world since it adds aesthetic feasibility to the product and is commonly used in scents, shampoos, and cosmetic packaging. Furthermore, Indian customers are emphasising sustainability in order to push Eco-Friendly packaging. Consumers in India are growing more conscious of their surroundings and the environment. Rise in Bio-Degradable Eco-friendly Packaging: With increased sales and demand for personal care and hygiene goods in India, there are unique shifts in consumer behavioural patterns. Consumers are increasingly purchasing items made with natural and organic components and packaged in eco-friendly and biodegradable packaging. It is mostly due to customers' increased knowledge of health and wellbeing, who think that purchasing natural goods will allow them to contribute to environmental conservation. Biodegradable eco-friendly packaging is less likely to leak or generate toxins in the contents contained inside. Furthermore, it benefits the environment by not contributing to the non-biodegradable rubbish problem. Government measures to promote eco-friendly packaging materials for personal care items help to increase the personal care packaging market share. Furthermore, bio-based materials offer various potential advantages in terms of greenhouse gas balances and other environmental consequences during the whole life cycle, as well as the utilisation of renewable rather than limited resources. The usage of biodegradable materials is intended to contribute to sustainability and reduce the environmental effect associated with the disposal of oil-based polymers. For example, In July 2021, India's Defence Research and Development Organization (DRDO) will produce ecologically friendly packaging items made from biodegradable natural and plant-based food-grade ingredients. The Indian government has committed to abolish the use of single-use plastic in the country by 2022, and these biodegradable packing bags help them get there. Rising Social Influence for Personal Care Products: One of the major reasons affecting demand for beauty and personal care products in India is the increased emphasis on personal health and hygiene. Furthermore, greater awareness of cosmetics items, such as face makeup and hairstyling and colouring products, is projected to drive market growth in the near future. As price-conscious customers pick for goods that give hydration and skin protection, the desire for multipurpose products drives innovation. Companies continuously promote cosmetics with therapeutic advantages, particularly on social networking platforms such as Facebook, Twitter, YouTube, and Instagram, where beauty bloggers are popular. It increases demand for the personal care packaging market. With increased internet penetration, India's online market for acquiring consumer items has grown rapidly in the previous 3-4 years. This category has drawn a few vertical experts, such as Nykaa, Purplle, Nnnow, and others. They are capitalising on rising e-commerce growth and contending for a big share of the online cosmetics market. Nykaa has over 600 brands in its physical and online stores in India. Furthermore, with the increased acceptance of Western culture, India's colour cosmetics business is one of the fastest-growing in the country. As the youthful generation's aesthetic attractiveness grows, so does the penetration of colour cosmetics items in the Indian market. In terms of colour cosmetics, India is thought to be one of the fastest-growing countries in the Asian area. The growth of the personal and beauty care business will have a direct influence on the packaging market, which will develop in tandem with the growth of personal care goods.
India Personal Care Packaging Market Segment AnalysisBased on Material, the market is segmented into Glass, Paper, Metal, and Plastic. Plastic packaging in estimated to dominate the material segment with the highest CAGR of xx% in the India personal care packaging market during the forecast period. Plastics are the most often used material for cosmetics packaging. It offers enough protection and extends the product's shelf life. Plastic polymers such as PVC, polystyrene, and others are utilised for cosmetic packaging because they are lightweight, ductile, and inexpensive. During the forecast period, glass packaging is expected to increase significantly. Since its inception, glass has been a popular material for cosmetic packaging. It is widely utilised because it is inexpensive, easy to manage at high rates in the production line, and chemically inert. Indeed, glass packaging enhances the appearance of the goods. Metals such as aluminium, steel, and others are commonly utilised in cosmetic packaging. The usage of aluminium is higher as it is durable and gives excellent protection to the packaged product. Metal containers are reusable and hence eco-friendly. Based on Product, the market is segmented into Bath & Shower, Skin Care, Hair Care, Baby Care, Oral Care, Sun Care, Fragrances, and Others. Bath & Shower products dominated the products segment in 2022 with a highest CAGR of xx%. The Bath & Shower products market in India was valued at xx million in 2022 and is expected to reach xx million during the forecast period. 91 % of Bath & Shower products were purchased offline compared to online (9%). The Bath & Shower products includes all products used for daily hygiene and personal care of the body covering bathing products, body scrubs, shower gels, and soap. Excluded are skin care products such as hair care, lotions, and shaving products, etc. Skin Care products are expected to witness significant growth during the forecast period. Skin Care products includes cosmetic products designed for care and protection of the skin, such as all types of creams and lotions for face, hand and foot care, etc. Revenue in the Skin Care segment is valued at USD xx million in 2022. The market is expected to grow annually by 5.67% during the forecast period. Hair Care and Baby Care products are expected to grow at a CAGR of xx % during the forecast period. Revenue in the Fragrances segment is valued at USD xx million in 2022 and is estimated to grow annually by CAGR 3.00% during the forecast period. Baby Care market was valued at xx million in 2022. Sun protection market in India was valued at xx million in 2022. Non-luxury products are expected to dominate the product segment with 89% of the market revenue share, whereas luxury is expected to be valued at 11% of the market share. Based on Packaging Type, the market is segmented into Bottles, Cartons, Pouches, Metal Cans, Jars, and Others. During the forecast period, the Bottles segment is expected to account for the greatest revenue share of xx million. Increased usage of cosmetic goods in bottles, owing to many advantageous qualities such as non-reactivity with content, impermeability, adaptability, high tensile strength, and package integrity, is expected to drive the expansion in the India personal care packaging market. The Pouches segment, on the other hand, is expected to rise at a substantial CAGR of xx percent over the forecast period. Increasing demand for pouches for packaging items such as sun screens, creams, moisturisers, gels, lotions, shampoo and conditioners, and face wash, as well as other cosmetic products, will drive the expansion in the India personal care packaging market.
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India Personal Care Packaging Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US 4.97 Bn. Forecast Period 2023 to 2029 CAGR: 6.3 % Market Size in 2029: US 7.63 Bn. Segments Covered: by Material Glass Paper Metal Plastic by Products Bath & Shower Skin Care Hair Care Baby Care Oral Care Sun Care Fragrances Others by Packaging Type Bottles Cartons Pouches Metal Cans Jars Others
India Personal Care Packaging Market Key Player1. Uflex Ltd 2. Essel 3. Huhtamaki PPL Ltd 4. Amcor 5. Hitech Group 6. AptarGroup 7. Skypack 8. Bemis 9. WestRock India 10. Mondi Group 11. Scholle IPN 12. Rexam 13. RPC Group 14. Silgan Holdings 15. Sonoco 16. Winpak 17. Huntsman Corporation 18. Tredegar Corporation 19. Manjushree Technopack Limited (MTL) 20. BACFO Pharmaceuticals (India) Ltd. 21. Clensta International 22. Mitsui Chemicals Group Frequently Asked Questions: 1] What segments are covered in the India Personal Care Packaging Market report? Ans. The segments covered in the India Personal Care Packaging Market report are based on Material, Products, and Packaging Type. 2] What is the market size of the India Personal Care Packaging Market by 2029? Ans. The market size of the India Personal Care Packaging Market by 2029 is expected to reach USD 7.63 Bn. 3] What is the forecast period for the India Personal Care Packaging Market? Ans. The forecast period for the India Personal Care Packaging Market is 2023-2029. 4] What was the market size of the India Personal Care Packaging Market in 2022? Ans. The market size of the India Personal Care Packaging Market in 2022 was valued at USD 4.97 Bn.
1. India Personal Care Packaging Market Size: Research Methodology 2. India Personal Care Packaging Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to India Personal Care Packaging Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. India Personal Care Packaging Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape 3.12. COVID-19 Impact 4. India Personal Care Packaging Market Size Segmentation 4.1. India Personal Care Packaging Market Size, by Material (2022-2029) • Glass • Paper • Metal • Plastic 4.2. India Personal Care Packaging Market Size, by Products (2022-2029) • Bath & Shower • Skin Care • Hair Care • Baby Care • Oral Care • Sun Care • Fragrances • Others 4.3. India Personal Care Packaging Market Size, by Packaging Type (2022-2029) • Bottles • Cartons • Pouches • Metal Cans • Jars • Others 5. Company Profile: Key players 5.1. Amcor 5.1.1. Company Overview 5.1.2. Financial Overview 5.1.3. Global Presence 5.1.4. Capacity Portfolio 5.1.5. Business Strategy 5.1.6. Recent Developments 5.2. Uflex Ltd 5.3. Essel 5.4. Huhtamaki PPL Ltd 5.5. Hitech Group 5.6. AptarGroup 5.7. Skypack 5.8. Bemis 5.9. WestRock India 5.10. Mondi Group 5.11. Scholle IPN 5.12. Rexam 5.13. RPC Group 5.14. Silgan Holdings 5.15. Sonoco 5.16. Winpak 5.17. Huntsman Corporation 5.18. Tredegar Corporation 5.19. Manjushree Technopack Limited (MTL) 5.20. BACFO Pharmaceuticals (India) Ltd. 5.21. Clensta International 5.22. Mitsui Chemicals Group