The global personal care packaging market will grow at 5.5% per year through 2019, according to a new analysis from PMMI, The Association for Packaging and Processing Technologies, the owner and producer of PACK EXPO Las Vegas and Pharma EXPO 2015 (Sept. 28–30; Las Vegas Convention Center).
According to the report, "bottles account for 30% of the market and are expected to grow an additional 28% through 2019."
On the other hand, cartons have grown rapidly over the last four years, expanding from 9% to 19% of the market during that time period.
Plastic will remain dominant, growing 12% by 2019, according to PMMI.
Overall, consumers are seeking greater portability and sustainability in packaging, the report says. At the same time, mature markets such as North America and Europe will grow slower than Asia-Pacific and Latin America.