Home Care Packaging Market Size, Share, Opportunities, And Trends By Material (Paper, Plastic, Glass, Metal), By Type (Bottles & Containers, Metal Cans, Cartons & Corrugated Box, Pouches & Bags, Others), By Product (Dishwashing, Insecticides, Laundry Care, Toiletries, Polishes, Air Care, Others), And By Geography - Forecasts From 2023 To 2028

  • Published : Oct 2023
  • Report Code : KSI061615614
  • Pages : 142
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The global homecare packaging market was valued at US$37.071 billion in 2021 and is expected to grow at a CAGR of 5.58% during the forecast period.

The home care packaging market consists of a wide range of packaging solutions for various household products. The market has been growing steadily due to urbanization, rising incomes, and changing consumer lifestyles. The main priorities in homecare packaging are convenience, safety, and sustainability, aiming to provide packaging that is easy to use and environmentally friendly.

Home Care Packaging Market Drivers:-

Homecare packaging plays a pivotal role in satisfying consumer needs and driving market growth, by providing convenience, ensuring product safety, enhancing brand recognition and uniqueness, promoting sustainability, offering informative packaging, and meeting the needs of online shopping. Packaging solutions that are easy to use, secure, and visually attractive meet consumer expectations, leading to an increase in demand. By effectively addressing these needs, homecare packaging not only contributes to the expansion of the market but also enhances consumer satisfaction and promotes loyalty among customers.

Changing Lifestyles and Consumer Preferences:

The growth of the homecare packaging market is driven by the evolving lifestyles and preferences of consumers. With increasingly busy lives, consumers prioritize convenience, leading to a rising demand for packaging that offers easy usability, portability, and on-the-go functions. This shift in consumer behaviour has prompted the development of innovative packaging solutions, including single-use pouches, compact containers, and resealable closures. Additionally, the growing environmental consciousness of consumers has influenced the packaging industry to adopt materials and designs that align with sustainability values.

Increased Disposable income will aid the market growth in the projected period:

The growth of the homecare packaging market is fueled by increased consumer spending on household products. As people have more disposable income, they can afford a wider range of products and are inclined to choose well-known brands that offer appealing packaging. Additionally, changes in consumer lifestyles, such as busier schedules and a desire for self-care, contribute to the demand for specialized homecare products that offer convenience. With the rising popularity of online shopping, packaging plays a crucial role in attracting consumers and ensuring the safe delivery of products. Overall, the market benefits from increased income as it expands consumer choices and drives the demand for packaging that meets evolving needs and expectations.

Product Innovation and Differentiation:

Packaging plays a crucial role in product differentiation and brand recognition in a competitive market. Home care product manufacturers continuously invest in innovative packaging designs and materials to enhance the visual appeal and functionality of their products. Unique packaging solutions, including user-friendly dispensers, eco-friendly materials, and convenient packaging sizes, attract consumers and contribute to market growth.

Convenience and Portability:

Convenience and portability are crucial factors driving the growth of the homecare packaging market. Consumers seek products that are easy to handle, store, and use. Packaging innovations, such as single-use pouches, compact containers, and resealable closures, provide convenience and enhance the user experience. The demand for travel-sized and on-the-go packaging solutions has also grown, further contributing to market expansion.

Technological Advancements:

Technological advancements have revolutionized the home care packaging industry. Innovations such as smart packaging, active packaging, and antimicrobial packaging solutions have gained traction. Smart packaging enables consumers to monitor product usage, expiration dates, and reordering needs. These technological advancements enhance product safety, extend shelf life, and provide added convenience, contributing to market growth.

Sustainability and Environmental Concerns:

The increasing awareness and concerns about environmental sustainability have significantly impacted the home care packaging market. Consumers are actively seeking eco-friendly and recyclable packaging options. As a result, packaging manufacturers are focusing on developing sustainable solutions, including biodegradable materials, reduced plastic usage, and lightweight packaging. This trend addresses environmental concerns by attracting environmentally conscious consumers.

E-commerce and Digitalization:

The homecare packaging market is set to grow with the rise of e-commerce and digitalization. Online sales, customized packaging, interactive experiences, efficient supply chains, and sustainability efforts contribute to this growth. E-commerce offers convenience and wider reach, driving the need for secure and appealing packaging. Digitalization allows personalized packaging and engages consumers. It also streamlines supply chains and promotes sustainable practices. Embracing e-commerce and digital technologies benefits the homecare packaging market by meeting consumer needs, improving their experiences, and supporting overall growth.

Asia Pacific region is expected to dominate the global homecare packaging market:

The Asia Pacific region is expected to become the top player in the global homecare packaging market. This is mainly because of three reasons: fast economic growth, more people moving to cities, and increasing concern for the environment. The region's strong economy means people have more money to spend on homecare products and packaging. With more people living in small spaces in cities, there is a demand for homecare products that are small and easy to carry, along with packaging that is innovative. People in the Asia Pacific region are also becoming more aware of environmental issues, so they prefer packaging made from materials that are good for the environment. These factors make the Asia Pacific region very important for the future of the homecare packaging market.

Recent Developments:

  • February 2021, Smurfit Kappa, one of the largest paper-based packaging issued a warning over the issue of rising cost of raw materials.
  • In June 2020, Gualapack launched recyclable pouches which are 100% mono-material. The unique product offered by the company will enable customers to meet the goals of the EU Plastics Strategy.

Home Care Packaging Market Scope:

 

Report Metric Details
Market Size Value in 2021 US$37.071 billion
Growth Rate CAGR of 5.58% from 2021 to 2028
Base Year 2021
Forecast Period 2023 – 2028
Forecast Unit (Value) USD Billion
Segments Covered
  • Material
  • Type
  • Product 
  • Geography
Companies Covered
  • Mondi
  • DS Smith
  • AptarGroup, Inc
  • WINPAK LTD
  • Berry Global Group, Inc
Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
Customization Scope Free report customization with purchase

 

Key Segment:

  • By Material
    • Paper
    • Plastic
    • Glass
    • Metal
  • By Type
    • Bottles & Containers
    • Metal Cans
    • Cartons & Corrugated Box
    • Pouches & Bags
    • Others
  • By Product
    • Dishwashing
    • Insecticides
    • Laundry Care
    • Toiletries
    • Polishes
    • Air Care
    • Others
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain   
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Others

Frequently Asked Questions (FAQs)

The global homecare packaging market is expected to grow at a CAGR of 5.58% during the forecast period.

Home Care Packaging Market was valued at US$37.071 billion in 2021.

The homecare packaging market has been segmented by material, type, product, and geography.

The homecare packaging market has been growing steadily due to urbanization, rising incomes, and changing consumer lifestyles.

Asia Pacific region is expected to dominate the global homecare packaging market.

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Data

2.3. Validation

3. EXECUTIVE SUMMARY

3.1. Key Findings

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. HOME CARE PACKAGING MARKET, BY MATERIAL

5.1. Introduction

5.2. Paper 

5.3. Plastic

5.4. Glass

5.5. Metal

6. HOME CARE PACKAGING MARKET, BY TYPE

6.1. Introduction

6.2. Bottles & Containers

6.3. Metal Cans 

6.4. Cartons & Corrugated Box

6.5. Pouches & Bags

6.6. Others

7. HOME CARE PACKAGING MARKET, BY PRODUCT

7.1. Introduction

7.2. Dishwashing 

7.3. Insecticides

7.4. Laundry Care

7.5. Toiletries

7.6. Polishes

7.7. Air Care

7.8. Others

8. HOME CARE PACKAGING MARKET, BY GEOGRAPHY

8.1. Introduction 

8.1.1. North America

8.1.2. United States

8.1.3. Canada

8.1.4. Mexico

8.2. South America

8.2.1. Brazil

8.2.2. Argentina

8.2.3. Others

8.3. Europe

8.3.1. United Kingdom

8.3.2. Germany

8.3.3. France

8.3.4. Italy

8.3.5. Spain

8.3.6. Others

8.4. The Middle East and Africa

8.4.1. Saudi Arabia

8.4.2. UAE

8.4.3. Others

8.5. Asia Pacific

8.5.1. Japan

8.5.2. China

8.5.3. India

8.5.4. South Korea

8.5.5. Taiwan

8.5.6. Thailand

8.5.7. Indonesia

8.5.8. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

10. COMPANY PROFILES

10.1. Mondi

10.2. DS Smith

10.3. AptarGroup, Inc

10.4. WINPAK LTD

10.5. Berry Global Group, Inc

10.6. Ball Corporation

10.7. Sonoco Products Company

10.8. Amcor plc

10.9. ProAmpac

10.10. Silgan Plastics

Mondi

DS Smith

AptarGroup, Inc

WINPAK LTD

Berry Global Group, Inc

Ball Corporation

Sonoco Products Company

Amcor plc

ProAmpac

Silgan Plastics