PUBLISHER: Polaris Market Research | PRODUCT CODE: 1424085
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1424085
The global health & hygiene packaging market size is expected to reach USD 185.03 Billion by 2032, according to a new study by Polaris Market Research. The report "Health & Hygiene Packaging Market Share, Size, Trends, Industry Analysis Report, By Product Type; By Form (Rigid Packaging and Flexible Packaging); By Structure; By Distribution Channel; By End-Use Industry; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The market for health and hygiene packaging is set to witness significant growth in the upcoming years, driven by factors such as increasing consumer awareness about health and hygiene, growing demand for portable and convenient products, and rising concerns about contamination and food safety. Furthermore, the outbreak of the COVID-19 pandemic has further accelerated the demand for health and hygiene packaging, as consumers are becoming more aware and conscious about personal protective equipment (PPE) and sanitization products. Advancements in packaging technologies, such as the development of biodegradable materials, nanotechnology, and smart packaging solutions are also propelling the growth of the market. These innovations have enabled companies to create safe and sustainable products that are also environmentally friendly.
However, the health and hygiene packaging market is facing several challenges, such as strict regulations and standards, high raw material costs, and concerns about waste management and environmental impact. Manufacturers must comply with various regulations and guidelines set by government agencies such as the U.S. Food and Drug Administration (FDA), which can be both time-consuming and expensive.
Another factor contributing to the growth of the health and hygiene packaging market is the increasing demand for packaging solutions that prioritize safety and cleanliness. Consumers are seeking packaging that is easy to use and dispose of without compromising on convenience or functionality. This is driving companies to develop innovative packaging solutions that address these concerns.
The Health & Hygiene Packaging market is expected to see significant growth in the films and sheets category, with a noteworthy CAGR over the forecast period. This rise is due to the rising need for flexible packaging solutions that provide superior protection, convenience, and longer shelf life to healthcare and hygiene goods.
In 2023, the market witnessed the Home Care & Toiletries segment dominating the market share due to the extensive use of various home care and toiletry products, such as body lotions, soaps, shampoos, conditioners, and cleaning agents.
The North American region accounted for the largest market share in 2023. This was due to the rise in healthcare expenditure and the growing awareness about maintaining personal hygiene and cleanliness through packaging solutions.
The global key market players include Alpla Group, Amcor Plc, Amerplast Ltd., Berry Global, Comar, Diversey, Essity, Glenroy, JohnsByrne, Kimberly Clark, Mondi Group, Napco National, Sidel, Sonoco Products Company, UMF Corp, WestRock, etc.
Polaris Market Research has segmented the health & hygiene packaging market report based on product type, form, structure, distribution channel, end-use industry, and region: