The global home care packaging market size was valued at USD 36.90 billion in 2019 and is expected to reach USD 56.25 billion by the year 2025, at a CAGR of 7.48%.
The global home care packaging market size was valued at USD 36.90 billion in 2019 and is expected to reach USD 56.25 billion by the year 2025, at a CAGR of 7.48%.
Most old people want to stay in their homes. Home care helps older people to receive assistance with day-to-day activities. Home care packaging trend like low cost, the easy use, and the easy availability has been the major factors to drive the growth of the Home Care Packaging Market
The home Care Packaging marketis growing due to development in industries like wholesale and retail markets and large demand from the consumers.
Major companies from the chemical industry are raising a high demand for the packaging segment, especially the bottles and cans which is driving the growth of the market. The major market growth is due to the growing need in the paint and coatings industry from the manufacturers.
Due to the high demand for the use of biodegradables and government initiatives for biohazard waste the market is in high demand
Major Key Players Considered in the Market
By Material, Home Care Packaging Market has been segmented into:
By Homecare products type
by Packaging type
Regions and Countries Level Analysis:
The Asia-Pacific is going to lead the industry due to increasing population, new demand for home care products, and changing lifestyles of peoples. Market Growth in mainly in the developing regions, such as India and China.
