Global Detergent Packaging Market Overview
The global fabric care market is estimated to reach around US$ 90 Bn in 2018 and further maintain a steady growth rate for the next few years. Detergent is one of the leading segment in fabric care products which is not ever expected to witness downfall in demand in the future, just like other fast moving consumer goods. Thus, the detergent packaging has a large market globally. With the changing trend in the type of detergent, detergent packaging solutions are also updated and propel the detergent packaging market. Water-soluble pods are one of the rapidly rising detergent packaging solutions, specifically in developed nations of North America and Western Europe. In the present market scenario, the detergent powder is leading in the detergent industry with pouches as the highly preferred detergent packaging solution. Also, liquid detergent is rising at a significant pace globally, leading to a large incremental revenue opportunity to be created for plastic bottles and cans detergent packaging solution during the forecast period.
Global Detergent Packaging Market Dynamics
Initially, detergent bars had a large market share in the detergent industry, and thus stick packs were most widely preferred for detergent packaging. Gradually, detergent powder came into dominance in the detergent industry and various formats of pouches, such as flat pouches and sachets, gusseted bags, cartons, and stand-up pouches were highly preferred as detergent packaging. In the present market scenario, the liquid detergent is gaining high attention among consumers who are preferred to be packaged into plastic bottles and cans. Thus, the detergent packaging market had witnessed ever-changing trends owing to changing consumer preferences, which are highly impacted by the innovations introduced in the detergent industry. Furthermore, innovations introduced in the detergent packaging have also played a crucial role in driving the global detergent packaging market. This includes water-soluble detergent pods. The water-soluble pods as a detergent packaging solution are gaining consumer attention owing to the consumer convince added by various advantages of the detergent packaging solution such as single dose detergent packaging. On the other hand, the limited availability and relatively high price for a unit volume detergent packaging have restrained the demand in developing and underdeveloped nations. Furthermore, the detergent packaging supports the branding of the detergent company by aesthetic graphics printed in the packaging, which is made possible by developing printing techniques.
Planning to lay down future strategy? Perfect your plan with our report sample here https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=51273
Global Detergent Packaging Market Segmentation
The global detergent packaging market can be segmented in the basis of packaging type as
- Stand-up pouches
- With Spout
- Without spout
- Gusseted bags
- Flat pouches & sachets
- Stick-packs
- Cartons
- Bottles
- Cans
- Pods
The global detergent packaging market can be segmented on the basis of material as
- Plastics
- Polyethylene Terephthalate (PET)
- Polypropylene (PP)
- Polyethylene (PE)
- Poly Vinyl Chloride (PVC)
- Poly Vinyl Alcohol (PVA)
- Others
- Paper & Paperboard
The global detergent packaging market can be segmented on the basis of the detergent type as
- Liquid detergent
- Powder detergent
- Detergent bar
Global Detergent Packaging Market Regional Outlook
The type of detergent packaging demand is highly dependent on the demand for the type of detergent. For instance, the demand for detergent bars is significantly high in the Asia Pacific region. Thus the demand of stick packs as a detergent packaging solution is considerably high in the region. The developed nations of Western Europe and North America have shown a high adoption rate towards innovative detergent packaging solutions. The demand for liquid detergent is significantly high in Asia Pacific, North America, and Western Europe, leading to a high demand for plastic bottles and cans as a detergent packaging solution.
Looking for exclusive market insights from business experts? Request a Custom Report here https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=51273
Global Detergent Packaging Market Key Players
Some of the key players in the global detergent packaging are
- Amcor Ltd.
- Smurfit Kappa Group
- DS Smith LLC
- Huhtamaki Group
- Sonoco Products Company
- Stora Enso Oyj
- Mondi Group Plc
- MJS Packaging
- Sunflex Laminations
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
