Global Hair Care Packaging Market Overview:
Shampoos, conditioners, and other products are packed in hair care packaging to prevent contamination and protect against damage during shipping. The temperature, form, quantity, and composition of the hair care product are considered while designing the packaging for that product. The marketing and sales of hair care products are significantly influenced by the packaging sizes for those products. The popularity of hair care packaging items determines how much money individuals are willing to spend on hair care products in various regional locations. For instance, consumers purchase high-volume shampoo bottles in developed nations, but only low-volume shampoo sachets in underdeveloped countries.
|Unit||Value (USD Million)|
|Customization Scope||Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility|
Advancements in Packaging Technologies, Availability of Hair Care Products in Innovative Designs and Increasing Disposable Income and Spending On Personal Care Products
Market Growth Drivers:
Increasing Inclination towards Changing Personal Appearance, Increasing Air Pollution and Changing Weather Conditions Adversely Affecting On Hairs and Rise in the Production Due To Easy Availability of Raw Materials, and Low Labour Cost in APAC
Large or Scarce Competition from Local and Domestic Brands and Impact of Domestic Tariffs and Trade Routes
Stringent Government Regulations in Developed and Emerging Nations Regarding Usage of Plastics and The rise in the Cost of R&D Activities
The rise in the Demand from Emerging Economies and Sustainable Packaging Transformation
Global Hair Care Packaging is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Some of the key players profiled in the report are HCP Packaging (China), Berry Global Inc. (United States), Gerresheimer AG (Germany), Silgan Holdings (United States), ABC Packaging (United States), AptarGroup (United States), AREXIM Packaging (Poland), DS Smith (United Kingdom), Fusion Packaging Solutions (United States) and Graham Packaging Company (United States). Considering Market by Form, the sub-segment i.e. Solid will boost the Hair Care Packaging market. Considering Market by Packaging Type, the sub-segment i.e. Sprayers will boost the Hair Care Packaging market. Considering Market by Material, the sub-segment i.e. Plastic will boost the Hair Care Packaging market.
Latest Market Insights:
In May 2022, US-based investment firm Carlyle entered an agreement to purchase a 100% stake in Chinese cosmetic packaging company HCP Packaging (HCP). Based in Shanghai, HCP researches and invests in sustainable packaging solutions, operating ten production and manufacturing facilities across China, the US, Mexico, and Europe. The company collaborates with more than 250 leading cosmetics, skincare, and fragrance brands, including Estée Lauder, L’Oréal, and Shiseido.
In 2020, Estée Lauder reaffirmed its intention to increase the amount of post-consumer recycled (PCR) material in its packaging by up to 50% by 2025. Estee Lauder’s Corporate Social Responsibility Program strives for zero waste, defined as 100-percent efficiency of energy, material, and human resources. The company also joined the U.S. Environmental Protection Agency’s Climate Leaders Program to help further quantify its carbon footprint.
What Can be Explored with the Hair Care Packaging Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Hair Care Packaging Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Hair Care Packaging
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Hair Care Packaging market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Hair Care Packaging market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Packaging Providers, E-commerce, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.