PMMI, The Association for Packaging and Processing Technologies is a trade association representing more than 700 companies that provide a full range of processing and packaging machinery, materials, components and containers. PMMI actively brings buyers and sellers together through initiatives such as packexpo. com, educational programs and world-class events, connecting participants in the processing and packaging supply chain with their customers around the world. PMMI produces the PACK EXPO portfolio of trade shows that include EXPO PACK México 2015, June 16 – 19( Mexico City, Mexico); PACK EXPO Las Vegas 2015( Sept. 28 – 30, Las Vegas Convention Center, Las Vegas, Nev.); PACK EXPO International 2016, Nov. 6 – 9( McCormick Place, Chicago, Ill.); Pharma EXPO, co-located with PACK EXPO International 2016; PACK EXPO East 2017( Feb. 27 – March 1, Pennsylvania Convention Center, Philadelphia) and EXPO PACK Guadalajara. PMMI owns PMMI Media Group, a market-leading B2B media company that produces information for processing and packaging professionals, bringing together solution providers and end-users and facilitating connectivity throughout the supply chain. Its world class media brands Packaging World, Automation World, Healthcare Packaging, Contract Packaging and Packaging + Processing OEM are proven leaders in covering this diverse and dynamic marketplace, and its digital products incorporate leading edge media technologies to deliver informed, actionable business intelligence to the industry. PMMI Media Group also produces The Automation Conference, an annual education and networking forum, taking place in Chicago each spring.
Personal Care Packaging Market Headed for Growth and Global Expansion
Follow PMMI on Twitter: @ PMMIorg FOR IMMEDIATE RELEASE Personal Care Packaging Market Headed for Growth and Global Expansion PMMI’ s latest study explores personal care packaging trends; PACK EXPO Las Vegas and Pharma EXPO 2015 deliver solutions. Reston, Va.; May 6, 2015— A new market assessment report from PMMI, The Association for Packaging and Processing Technologies, the owner and producer of PACK EXPO Las Vegas and Pharma EXPO 2015( Sept. 28 – 30; Las Vegas Convention Center), predicts 5.5 percent annual growth for the global personal care packaging market through 2019.“ Personal Care Market Assessment” also examines global trends, drivers and opportunities from the choice of materials to operations. Growth in formats and materials Bottles account for 30 percent of the market and are expected to grow an additional 28 percent through 2019, making them the most commonly used container format in this market. Cartons are catching up, however, showing the greatest growth from 2010 – 2014— from 9 to 19 percent of the market. As for materials, plastic is the most popular for personal care packaging, accounting for 61 percent of materials used. PMMI’ s study projects plastic will remain dominant, growing 12 percent by 2019.
Brand owners are seeking out ways to reduce waste by using less packaging overall as consumers’ demand for convenience has led to a surge in smaller, more portable packages. Well-developed markets, including North America and Europe, are expected to see slower growth rates in cosmetics than developing markets such as Asia-Pacific and Latin America. Additional factors driving the personal care market include an expanding focus on sustainability, evolving consumer demands, innovations in machinery and materials, flexible equipment and globalization. See the Change for Yourself