The Dispensing for Packaging Report: Forecasts to 2023
Smithers latest research into the market for packaging dispensers has identified some particular key trends that are proving more impactful to the future development of this area of the packaging industry. Some of the most notable trends expected to continue affecting the market over the forecast period to 2023.
Trends will undoubtedly be a topic of conversation for suppliers, leaders and professionals in the world of aerosols, dispensing and packaging attending the 13th edition of ADF (Aerosol & Dispensing Forum) and the 15th edition of PCD (Packaging of Perfume Cosmetics & Design) in Paris this month. The ADF&PCD Paris exhibition, taking place 30-31 January 2019, is held annually in the heart of Paris bringing together key players in perfumes and cosmetics, in addition to the pharmaceutical, food, beverage, automotive and other industries.
Smithers, an official media partner of the ADF, will be launching their latest market report at the event The Dispensing for Packaging Report: Forecast to 2023.
In this new report Smithers values the global packaging dispenser market worth $7.59 billion in 2017, having increased by an annual average of 3.5% in value terms since 2013. Although much of this consumption value is concentrated in the mature markets of Western Europe and North America, it is the world’s emerging and developing markets (notably China and India) that are acting as the engine of growth for the industry, as more consumers flow from rural to urban locations and adopt increasingly westernised lifestyles.
Smithers identifies four key trends influencing the market:
The dispensing solution has become integral to branding, promotion and differentiation, and is gradually assuming centre stage in the domain of packaging innovation. Looking ahead, the rise of increasingly sophisticated technologies – both digital and mechanical – means that important strategic decisions will be required from both brand owners and manufacturers of dispensers as to which areas to prioritise in order to maximise returns on brand loyalty and consumer engagement. Another major challenge faced by manufacturers of packaging dispensers is maintaining revenue performance in the face of limited underlying growth in primary packaging markets, declining disposable incomes, and the rise of re-use of dispensers in a circular economy.
Notes for Editors
About Aerosols Dispensing Forum and Packaging of Perfume Cosmetics & Design
The ADF&PCD Paris exhibition is Europe's premier expert innovation event for cosmetic and aerosol packaging, gathering the leading suppliers of aerosol, dispensing and cosmetic packaging from different sectors, presenting their innovations to the industry.
Network with the industry and keep abreast with the latest developments, move ahead with your future projects or learn all about new trends.
ADF and its co-located show, PCD brings together over 600 exhibitors from the most innovative suppliers.