Wednesday, September 25, 2024

Global Home Care Packaging Market Analysis 2024: Size Forecast and Growth Prospects

The home care packaging global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.


Home Care Packaging Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size -
The home care packaging market size has grown rapidly in recent years. It will grow from $112.25  billion in 2023 to $123.64  billion in 2024 at a compound annual growth rate (CAGR) of 10.1%.  The  growth in the historic period can be attributed to increased convenience packaging, increased importance of sustainability, increased branding and shelf appeal, demand for child-resistant packaging, increased aging population.

The home care packaging market size is expected to see rapid growth in the next few years. It will grow to $181.27  billion in 2028 at a compound annual growth rate (CAGR) of 10.0%.  The growth in the forecast period can be attributed to increasing health and safety concerns, e-commerce expansion, aging-in-place trend, increasing demand for personalization, increasing regulatory changes. Major trends in the forecast period include smart packaging, convenience and portability, tamper-evident seals, customization and personalization, visual appeal and branding.

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Scope Of Home Care Packaging Market
The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Home Care Packaging Market Overview
Market Drivers -
Increasing health awareness is contributing to the growth of the home care packaging market. People's health awareness has improved due to the COVID-19 epidemic, which has led to greater usage of disinfectants globally in public buildings, transportation, hospitals, nursing homes, wastewater treatment facilities, and even common families to reduce the virus load. As a result, there has been a surge in demand for home care packaging products such as detergents, surface cleaners, air fresheners, and other such items. For instance, Amazon has experienced 30% year-over-year sales growth in the household cleaning products market.  Therefore, increasing health awareness is expected to propel the growth of the home care packaging market going forward.

The home care packaging market covered in this report is segmented –
1) By Packaging Type: Bottles And Containers, Metal Cans, Cartons And Corrugated Box, Pouches And Bags, Other Packaging Types
2) By Material: Plastic, Paper, Metal, Glass
3) By Product: Dishwashing, Insecticides, Laundry Care, Toiletries, Polishes, Air Care, Other Products

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Regional Insights -
Asia-Pacific was the largest region in the home care packaging market in 2023. The regions covered in the home care packaging market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Key Companies -
Major companies operating in the home care packaging market include  Amcor plc, Sonoco Products Company, Ball Corporation, Resources Planning Consultants Group, Winpak Ltd., AptarGroup Inc., Silgan Holdings Inc., DS Smith plc, Canpack SA, ProAmpac LLC, Mondi plc, Tetra Laval International SA, Constantia Flexibles Group GmbH, Essel Propack Ltd., International Paper Company, WestRock Company, Smurfit Kappa Group plc, Oji Holdings Corporation, Packaging Corporation of America, Huhtamaki Oyj, Gerresheimer AG, Berry Global Group Inc., Libo Cosmetics Co. Ltd., Alpenplastik Lehner Alwin GmbH, Chinese cosmetic packaging company, Sealed Air Corporation, Coveris Holdings SA, Graphic Packaging International LLC, Tekni-Plex Inc., Uflex Ltd.

Table of Contents
1. Executive Summary
2. Home Care Packaging Market Report Structure
3. Home Care Packaging Market Trends And Strategies
4. Home Care Packaging Market – Macro Economic Scenario
5. Home Care Packaging Market Size And Growth
…..
27. Home Care Packaging Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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