Beauty and Personal Care Packaging Market Worldwide Share, Size
February 15, 2023 ⚊ 1 Min read ⚊ Views 66 ⚊ NEWS
Packaging plays an important role in branding products. The look of any product is a criucial factor of its market appeal, besides its quality. According to the recent studies, global packaging industry is likely to rise till 2020. The packaging industry is fronting a transformation due to various factors such as new demographic conditions, new customer demands, and growing purchasing power. These factors are initiating to rethink on the use of the packaging materials and manufacturing processes. Emerging economies are creating new opportunities and satisfying the expectations of populations. According to the Joint Committee of German Packaging Manufacturers (GADV), the German packaging market remain unchanged between 2014 and 2015 and in upcoming period, Germany is expected to see a boom in the packaging industry, triggered by innovative packaging methods.
