Market research estimates personal care packaging market at $41billion – ABL Laminated Tube

05/28/12 — MarketResearch.com hasannounced the addition of the new report “The Personal CarePackaging Market 2012-2022,” to their collection of Manufacturing& Construction market reports. For more information, visit Visiongain-v1531/Personal-Care-Packaging-6922986/ The economic crisis and the growth of the emerging markets havesparked a significant change in the personal care packaging market.Consumer trends have changed drastically and suppliers have becomeincreasingly focused on costs. The strategies of suppliers willgradually shift to the emerging markets and, coupled with a globaleconomic recovery, the personal care packaging market will seestrong growth over the next decade. As a consequence, Visiongainhas determined that the value of the global personal care packagingmarket in 2012 will reach $40.99bn. Toothpaste Tube

Environmental awareness campaigns have propelled sustainabilityinitiatives to the forefront of consumer considerations in personalcare purchasing. Consequently sustainability will be a toolutilized by suppliers to cut costs and create productdifferentiation. Market conditions have created a situation whereconsumers are demanding the same level of quality but at a lowerprice. Thus there will be an increase in the sale of higher volume,cheaper ranges and plastic is expected to be the big winner overthe next decade. ABL Laminated Tube

Visiongain expects an increase in innovation and sustainabilityinitiatives as suppliers keep up with rapidly evolving consumertrends. Consumers will remain in a position of power and costcutting will become the main priority for suppliers. Competitionfrom overseas is expected to significantly alter the competitivelandscape of the personal care packaging market. National personal care packaging markets for the US and majorEuropean countries will remain the focal point for suppliers overthe forecast period. Laminated Web Manufacturer

Growth within the Asian and Latin Americanpersonal care packaging markets is forecast by Visiongain to besignificant and companies will gradually shift their strategies toeventually focus on the emerging markets. For more information, visit Visiongain-v1531/Personal-Care-Packaging-6922986/ About MarketResearch.com MarketResearch.com is the leading provider of global marketintelligence products and services. With research reports from morethan 720 top consulting and advisory firms, MarketResearch.comoffers instant online access to the world’s most extensive databaseof expert insights on global industries, companies, products, andtrends. Moreover, MarketResearch.com’s Research Specialists havein-depth knowledge of the publishers and the various types ofreports in their respective industries and are ready to provideresearch assistance.

For more information, call Veronica Franco at240-747-3016 or visit . Add to Digg Bookmark with del.icio.us Add to Newsvine Contact: Veronica Franco MarketResearch.com Email Contact 240.747.3016 Copyright @ Marketwire.

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