Beauty Buzz

Global Personal Care Packaging Market Primed to Top $42 Billion This Year

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By: Jamie Matusow

Editor-in-Chief


Research says plastic packaging is booming.
Research by London-based Visiongain shows that the global personal care packaging market will reach $42.91 billion in 2013, and “will be driven by growth and the clear development of a middle class with higher disposable incomes in the developing markets, in addition to a number of current consumer trends.” In particular, plastics packaging is predicted to experience a surge over the next 10 years, driven by the BRIC countries and other emerging markets, such as those in areas of Africa and the Middle East, where economic growth rates are robust. The report also states that high-end fragrances and premium personal care products are expected to sell well in prospering areas such as Saudi Arabia and Dubai.
More info: www.visiongain.com

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