This study focuses on the Argentinean packaging market for personal care (PC), which is composed of three segments: plastic, glass, and aluminum. The market was $xxx.x million in 2011, and it is estimated to reach $xxx.x million by 2018 with a compound annual volume growth rate (CAGR) of x.x percent and x.x percent CAGR in terms of revenues. The primary causes for this trend are a growing gross domestic product (GDP) and an increase in consumption of goods that require packaging.
Some of the PC packaging market drivers are:
- A high level of consumer spending
- A high level of new product introduction
- A high exchange rate, which stimulates local production
This study analyzes the plastic, glass, and aluminum packaging segments of the personal care market in Argentina from base year 2011 to the end of the forecast period (2018). The market is growing along with demand for certain products. Factors stimulating growth include: stable economic conditions, growth in the gross domestic product rate, and government subsidies. However, some restraints include rising prices for raw materials, such as oil, and greater bargaining power for buyers.
Click for Report details:Analysis of the Personal Care Packaging Market