The report “Health & Hygiene Packaging Market by Product Type (Films & Sheets, Laminates, Bags & Pouches, Bottles & Jars, Sachets, Labels, Tubes, Boxes & Carton), Form, Shipping Form, Structure, End-user Industry, and Region – Global Forecast to 2028″, is approximated to be USD 110.9 billion in 2023, and it is projected to reach USD 148.0 billion by 2028, at a CAGR of 5.9%. The surge in urbanization, evolving lifestyles, increased disposable income, a growing preference for sustainable packaging, and global awareness of hygiene are driving the expansion of the health and hygiene packaging market. However, challenges include the elevated costs of raw materials used in manufacturing packaging products like pouches, bags, roll stock, films, and wraps. Additionally, inadequate recycling infrastructure poses a hindrance to the health and hygiene packaging market. Opportunities arise from the rising demand for sustainable packaging, as it emerges as a superior alternative to traditional materials due to heightened hygiene awareness.
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- 271 Market data Tables
- 55 Figures
- 255 Pages and in-depth TOC on “Health & Hygiene Packaging Market – Global Forecast to 2028”
Some of the prominent key players are:
· Berry Global (US)
· Amcor Plc (Switzerland)
· WestRock (US)
· Kimberly Clark (US)
Driver: The rising demand for flexible packaging in the personal care & home care sector drives the market.
The personal care and home care sectors are experiencing a surge in demand for flexible packaging. This growing preference is driven by several factors, including the convenience and versatility that flexible packaging offers. Flexible packaging adapts well to various product sizes and shapes, providing practical solutions for a range of personal care and home care items. Its lightweight nature and space efficiency contribute to reduced transportation costs and environmental impact. Additionally, the consumer-friendly features of easy resealing and dispensing enhance the overall user experience. As a result, the flexible packaging market continues to grow, meeting the evolving needs of the personal care and home care industries.
Home care & toiletries are the fastest-growing end-use industry in the Health and hygiene packaging market during the forecast period.
Increased awareness of hygiene and cleanliness amplifies the demand for home care products, fostering a parallel surge in packaging requirements. Manufacturers are responding with innovative and sustainable packaging solutions to meet the growing market demands. The rise of e-commerce and convenient packaging formats further fuels the expansion of the home care packaging market.
Asia Pacific is the fastest growing in the Health & Hygiene packaging market, in terms of value.
Asia Pacific stands as the fastest-growing region in the Health and hygiene packaging market due to rising population and increasing adoption of advanced technologies. The health & hygiene packaging market has experienced rapid growth in the Asia Pacific region, with countries like India, China, Japan, Australia, South Korea, and the Rest of Asia Pacific leading the way. Notably, India, China, and Japan are anticipated to exhibit substantial growth in flexible packaging due to ongoing developmental activities and swift economic expansion. This growth is driven by the increasing demand for packaging solutions that cater to the diverse needs of these dynamic and populous markets.