Health & Hygiene Packaging Size Worth $110.9 Billion By 2030: IndustryARC
Research Reports
Sep 10, 2024
Global Health & Hygiene Packaging Market size is predicted to reach $110.9 billion by 2030, growing at a CAGR of 5.9% during the forecast period 2024-2030 according to the latest market research report published by IndustryARC. Increase in innovations because of things like material science developments, growing consumer demand for sustainability and changing regulations around product safety and labeling propels market growth, finds IndustryARC, , titled, “Health & Hygiene Packaging Market– By Product Type (Films & Sheets, Bags & Pouches, Laminates, Labels, Jars and Bottles, Sachets, Boxex & Cartons, Others), By Form (Rigid Packaging (Molding, Extrusion, Others), Flexible Packaging (Single Layer, Multi-Layer)), By Structure (Porous, Non-Porous), By Shipping Form (Primary, Secondary, Tertiary), By Distribution Channel (Hypermarkets/Supermarkets, Direct Sales, Online Retailers, Others), By Application (Hygiene Papers (Folded Tissues, Napkins, Toilet Rolls, Kitchen Rolls), Hygiene Films (Diapers, Sanitary Napkins, Surgical Clothing, Tapes & Laminates)), By End User (Nutraceuticals & Food Supplements, Personal Care & Cosmetics, Functional & Health Beverages, Pharmaceuticals, Homecare, Others) By Geography – Global Opportunity Analysis & Industry Forecast, 2024-2030”.
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Asia-Pacific to Register Highest Growth:
In 2023, Asia-Pacific held the third-largest market share for Health & Hygiene Packaging market, with 38%, followed by North America and Europe. A rapidly growing population, particularly in countries like China and India, creates a massive consumer base for hygiene products, and consequently, a larger demand for packaging solutions. Rising disposable income allows consumers to afford a wider variety of personal care and hygiene products, often with more sophisticated packaging. Additionally, stringent regulations regarding product safety and hygiene standards are driving the use of high-quality, tamper-evident packaging for health and hygiene products in Asia Pacific. These factors, combined with a growing focus on innovation in packaging technologies, create a robust growth, trajectory for the health and hygiene packaging market in the Asia-Pacific region.
Health & Hygiene Packaging 2023-2030: Scope of the Report
|
Report Metric |
Details |
|
Base Year Considered |
2023 |
|
Forecast Period |
2024–2030 |
|
CAGR |
5.9% |
|
Market Size in 2030 |
$110.9 Billion |
|
Segments Covered |
By Product Type, By Form, By Structure, By Shipping Form, By Distribution Channel, By Application, By End User, and By Region |
|
Geographies Covered |
North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia, Netherlands and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, Malaysia, Indonesia and the Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa). |
|
Key Market Players |
1. Berry Global 2. Amcor Plc 3. Mondi Group 4. West Rock 5. Kimberly-Clark 6. Amerplast Ltg. 7. Krugar, Inc 8. Napko National 9. S.B. Packaging 10. Polifilm Group |
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Health & Hygiene Packaging Report – Key Takeaways:
- Growing Concerns about Hygiene and Safety
Growing concerns about hygiene and safety are a major market driver propelling the health & hygiene packaging market forward. Consumers are increasingly aware of the spread of infectious diseases and the importance of proper hygiene practices, which in turn creates demand for packaging that ensures product sterility, protects against contamination, and promotes overall product safety. Additionally, consumers want to be assured that their hygiene products haven’t been tampered with during production or distribution due to this companies are seeing a rise in tamper-evident seals, shrink wrap closures, and other features that provide visible signs of tampering, fostering trust and confidence in product safety, which in turn propels the overall health and hygiene packaging market growth.
- Films and Sheets Product Type are leading the Market
The films & sheets segment is the fastest-growing segment and is expected to grow at a CAGR of nearly 7% in the forecast period. Increased demand for flexible packaging solutions, developments in film and sheet technologies, and growing uses in industries like pharmaceuticals, personal care, and hygiene goods are some of the reasons for its market growth. Additionally, consumer preferences are also shifting towards more convenient and lightweight packaging options, which has led to a surge in the use of films and sheets. These materials are particularly favored for their ability to protect products from contamination and extend shelf life, which is crucial in the health and hygiene sector, thereby making it a growing segment in the overall market.
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Key Opportunity Analysis:
Antimicrobial and Smart Packaging Technologies
The innovation of antimicrobial and smart packaging technology presents a significant market opportunity for the Health & Hygiene Packaging market, as incorporating silver nanoparticles or other antimicrobial agents directly into the packaging materials can inhibit bacterial growth and potentially extend product shelf life, contributing to a safer hygiene experience. Additionally, sensors within the packaging can detect leaks, spoilage, or even monitor product temperature, notifying consumers and retailers about potential safety hazards, along with features like tamper-evident seals or integrated authentication measures can combat counterfeiting and ensure product authenticity differentiating themselves in a competitive Health & Hygiene Packaging market.
Increasing E-commerce Landscape in the Health and Hygiene Packaging Market
The Health & Hygiene Packaging market is experiencing a surge in the evolving E-commerce. The rise of online shopping presents opportunities for e-commerce optimized packaging, this will involve robust packaging to withstand shipping and handling during transit while minimizing wasted space and shipping costs, this may involve using right-sized packaging and employing cushioning materials that protect products from damage. Additionally, features like clear labeling, tamper-evident features, and even interactive packaging elements with QR codes or near-field communication (NFC) tags can create a more engaging customer experience, thereby propelling the overall market growth.
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The report also covers the following areas:
- Health & Hygiene Packaging Size and Forecast
- Health & Hygiene Packaging Trends
- Health & Hygiene Packaging Analysis by Product Type
Health & Hygiene Packaging 2023-2030: Key Highlights
- CAGR of the market during the forecast period 2023-2030
- Value Chain Analysis of key stakeholders
- Detailed analysis of market drivers and opportunities during the forecast period
- Health & Hygiene Packaging size estimation and forecast
- Analysis and predictions on end users’ behavior and upcoming trends
- Competitive landscape and Vendor market analysis including offerings, developments, and financials
- Comprehensive analysis of challenges and constraints in the Health & Hygiene Packaging
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List of Key Market Players in the Health & Hygiene Packaging:
The Global Health & Hygiene Packaging is fragmented with several global and regional companies operating with expansive manufacturing capabilities and extensive distribution networks. The key companies profiled are listed below:
- Berry Global
- Amcor Plc
- Mondi Group
- West Rock
- Kimberly-Clark
- Amerplast Ltg.
- Krugar, Inc
- Napko National
- B. Packaging
- Polifilm Group
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Contact Us: Mr. Venkat Reddy Email: sales@industryarc.com USA: (+1) 518-282-4727
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