India Personal Care Packaging Market
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India Personal Care Packaging Market reached a value of US$ XX Mn in 2018. Looking forward, the market is projected to grow at a CAGR of around XX% during forecast period reaching a value of US$ XX Mn by 2026.
The report analyzes factors affecting India's Personal Care Packaging Market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and challenges.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Rapid Indian economic growth and a rise in disposable income resulted in changing lifestyle patterns in India. This led to an increase in the consumption of personal care products, which has driven the growth of the Indian market for personal care packaging. The development in packaging technologies and the availability of personal care products in innovative designs, such as sprays, pumps, sticks, rollers balls, and pen type, also boost the market growth.
The report covers the segments in the personal care packaging market such as packaging type, material, and end-user. Based on products, Indian market for skincare stood at $ X.6 billion in 2018 and is projected to grow at a CAGR of XX% to reach $ X.9 billion by 2026, owing to growing demand for skin care products across all age groups, particularly in Indian young population, increasing disposable income, and rising awareness among customers about several skincare products. Additionally, a rising number of working women is prominent to higher demand for personal care products. So, skin care to dominate the India personal care packaging market.
Indian Consumer Focus on Sustainability to Drive Eco-Friendly Packaging:
Indian Consumers are becoming more aware of their surroundings and environment. As per Euro monitor Lifestyles Survey data, 28% of consumers strongly agree to have a positive impact on the environment over their everyday actions.
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|Target State: All States|
Target City : Pune
Last Update : 13 August 2020 2:08 PM
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|Item Owner : manisha|
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