THAT’S GOOD LOOK - Home | PMMI The Association for Packaging and Processing Technologies, reported...

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PMMI, The Association for Packaging and Processing Technologies, reported on the latest trends affecting the global packaging market.

THAT’S A GOOD LOOKPersonal Care Packaging Market Grows

PMMI, The Association for Packaging and Processing Technologies, reported on global trends driving the demand for personal care packaging.

PMMI’s Personal Care Report offers fresh insights into the world of health and beauty packaging.

Packaging Forms, Types & Materials

Top 5 Industry Trends and Challenges

Market Growth Rate & Growth Trends

Cartons have seen the greatest growth since 2010, increasing from 9% in 2010 to 19% in 2014.

Bottles are the most common packaging type used and are expected to grow 28% by 2019.

Plastic is the most popular packaging material by far and is expected to grow 12% by 2019.

About two-thirds of personal care products come in liquid form, while about 20% come as semi-solids, solids, and powder.

20102014

LIQUID FORM2/3

UNITED STATESThe personal care market is estimated to be $4 to $5.1 billion.

GLOBALLYThe personal care packaging market is expected to increase with an estimated annual growth rate of 5.5% over the next five years, reaching up to $38.1 billion by 2019.

SUSTAINABILITYUsing less packaging material overall and finding biodegradable alternatives (e.g., plant-based resins) to standard plastic is a priority.

CONSUMER NEEDS AND EXPECTATIONSProducts of “convenience” such as smaller/portable packages, small toothbrushes, makeup remover wipes, dry shampoo, and instant hand sanitizers are surging.

FLEXIBILITYVarious product packaging styles requires equipment flexibility and the ability change to a different setting quickly and easily.

GLOBALIZATIONGrowth in well-developed markets, such as North America, Europe, and Japan are expected to increase at a slower than average rate, while developing markets, such as Asia Pacific and Latin America are expected to increase at a faster rate. As the middle class grows in developing countries, consumers have more disposable income, leading to an increased demand for personal care products.

INNOVATIONNew levels of automation that can keep overall production costs low and an increased usage of smart technology on basic equipment are seen as an industry need.

$4 to $5.1B

Learn more in the executive summary of the Global Packaging Trends Report, downloadable at pmmi.org/research.

The latest trends and innovations will also be addressed at any of the PACK EXPO portfolio of trade shows. To learn more, visit packexpo.com

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300

600

900

1200

1500

20142019

TOTA

L VO

LUM

E (IN

BIL

LION

S OF U

NITS

)

2,091BILLION UNITS

46%508

BILLION UNITS11%

589BILLION UNITS

13%

798BILLION UNITS

18%

362BILLION UNITS

8%

167BILLION UNITS

4%

Top 3 Global Trends

Top 10 Product Categories by 2014 Volume

Top 10 Packaging Types

Recyclability and reusability of packaging are major trends; in fact, conservation efforts are now a key marketing component.

ENVIRONMENTAL CONCERNSThe growing middle class in many regions around the world, especially Asia Pacific and Latin America, is leading to larger disposable incomes. In turn, more consumers are purchasing packaged goods from modern retail locations.

RISE OF THE MIDDLE CLASSConsumers are more inclined to purchase products that are good for their health. Bottled water, yogurt and sour milk drinks, and RTD tea have experienced large growth as a result.

Flexible plastic remains the dominant pack type, while PET bottles will register the highest growth rate over the next five years.

HEALTH AND WELLNESS

HDPEBOTTLES

BRICK LIQUID

CARTONS

FLEXIBLE PAPER

THIN WALLPLASTIC

CONTAINERS

METAL BEVERAGE CANS

FLEXIBLE ALUMINUM

PAPER

FOLDINGCARTONS

GLASS BOTTLES

PET bottles will experience one of the largest forecast volume growth rates over the next five years

Flexible plastic remains the dominant packaging type

CIGARETTES Currently the largest category in Western Europe, cigarettes will be surpassed by bottled water and beer in total volume by 2019

PETBOTTLES

FLEXIBLE PLASTIC

OTHER

ABSO

LUTE

VOL

GRO

WTH

201

4 –

2019

(IN

BILL

IONS

)

F OREC A S T VOL UME C AGR 2014 – 2019

5.0%4.0%3.0%2.0%1.0%0.0% 6.0%

BOTTLED WATERBottled water is the leading category by forecast volume growth in three regions, Asia Pacific, Western Europe and North America

Juice

Yogurt and Sour Milk Products

Beer

Baked Goods

Carbonates

Drinking Milk Products

BiscuitsSugar

Confectionery

Size of items represents total 2014 volume

Forecast Volume of CAGR 2014-2019

Middle East & Africa 5.3%

Asia Pacific 4.3%

Latin America 2.8%

Eastern Europe 1.1%

Western Europe .5%

North America .4%

FLE XIBLE PL ASTIC 26%

PE T BOT TLES 12%

OTHER 12%

GL ASS BOT TLES 10%FOLDING CARTONS 9%

FLE XIBLE ALUMINUM PAPER 7%

ME TAL BE VER AGE CANS 7%

THIN WALL PL ASTIC CONTAINERS 5%

FLE XIBLE PAPER 4%BRICK LIQUID CARTONS 3%

HDPE BOT TLE 2%

SHARE IN2014

Volume Share of Total Market

9080706050403020100

WHAT’S HAPPENING IN PACKAGINGAROUND THE GLOBE