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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20142019
TOTA
L VO
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E (IN
BIL
LION
S OF U
NITS
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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