Introduction
Hygiene packaging have high-quality and stylish hygiene packaging from films to ready-made bags to It is used in household and personal care packaging. Hygiene packaging is designed to meet global hygiene standards and ensure product quality.
Factors such as increased demand for personal hygiene products, growing food and beverage industry that is increasingly adopting hygiene packaging are anticipated to fuel the demand for green packaging market
However, stringent government rules and regulations regarding the raw material used for packaging material and rising environmental concerns about global warming are expected to challenge the growth.
Despite the current pandemic situation, the end-users of this market is recovering to operate in full capacities from 2021 beginning. Along with this, the recovering manufacturing activities across the globe are expected to mitigate to numerous potential negative impacts caused during COVID-19 and maximize their opportunities in future.
Table of Contents
Market Overview
The global hygiene packaging market is expected to grow to $303.00 billion by 2025
Growth momentum is expected to accelerate during the forecast period with a 4.07% CAGR.
Increasing demand for hygiene-based products such as tissue papers, diapers, and feminine products, especially required during traveling, is expected to fuel the market growth.
North America is a prominent regional market due to the presence of advanced technology-based hygiene packaging industries.
Key Trends
Emergence of bio-based raw ingredients such as derivatives of biomass and crop vegetables is expected to be majorly responsible for boosting hygiene packaging market.
Antibacterial packaging materials to boost production of hygiene packaging is expected to drive the market demand in future
Governmental initiatives to increase awareness about health and hygiene is propelling the demand
Key Market Players
Some of the key players in the market are Amcor, Essity Aktiebolag, SOFIDEL Group, Georgia-Pacific, Amerplast, Kimberly-Clark Corporation.
The key players are dominating the market by adopting modern and new technologies to customize the product, enhance its properties, and differentiate the final product from its competitors.
Companies are also adopting collaborative business strategy owing to key factors such as, to increase their productivity, to provide highly regarded products to consumers, and to expand their regional presences.
Growth Drivers and Challenges
Growing usage of hygiene packaging in household and personal care industry is driving the market growth.
Increase in percentage of older population propelling demand for tissue papers is one of the drivers of the market
Adoption of hygiene packaging rules across packaging industry to avoid infection spread is also significantly catalyzing the market growth.
Stringent government rules and regulations regarding the raw material used for packaging material is significantly hindering the market growth.
Environmental concerns and rising global warming are expected to challenging the growth of hygiene packaging