Global market beauty and personal care packaging 2015-2022
According to a new report by Stratistics MRC, the global beauty and personal care packaging market is accounted at $21.4 billion in 2015 and is expected to reach $29.5 billion by 2022 at a CAGR of 4.6% from 2015 to 2022. Rising awareness of healthy lifestyle habits and increasing demand for hair & skin care products are boosting the market and factors such as changing lifestyle and increasing disposal income are favoring the market growth.
The rigid plastics segment is dominating the market with more than 55% of the overall market share. During the study period, glass products are expected to increase their market share driven by the increasing demand for nail paints, perfumes and aftershaves.
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