Packer Bottle - Global Market Outlook (2020-2028)
According to Stratistics MRC, the Global Packer Bottle Market is accounted for $2.98 billion in 2020 and is expected to reach $5.27 billion by 2028 growing at a CAGR of 7.4% during the forecast period. Increasing use of packer bottles in daily use packaging applications and rising preference for lightweight yet cost-effective packaging solutions in industrial and non-industrial sectors are driving the market growth. However, the increasing adoption of blister packaging in the pharmaceutical industry is hampering the growth of the market.
Packer bottles are used to store food, drinks, chemicals , or medicines, owing to their tight seal packaging, which will keep the contents safe from oxidation. It is available in different types of colors and materials based on the properties of the content. Packer bottles find applications in the packaging of beverages and nutritional supplements due to its sealing property, which prevents oxidation and thereby, increases the shelf life.
Based on the end user, the healthcare & pharmaceuticals segment is going to have lucrative growth during the forecast period as packer bottles are often used in the pharmaceutical sector for packaging powders, granules, liquids, tablets, and others. Leading healthcare & pharmaceuticals players are investing heavily to upgrade their current product pipelines. They also are spending on new drug and product development to fulfill the current requirement. By geography, Asia Pacific is going to have high growth during the forecast period owing to rapidly growing food & beverages and pharmaceutical industry, increasing demand for packer bottles in India and the low cost of active pharmaceutical ingredient and packaging in India pushing manufacturers to expand their manufacturing facilities.
Some of the key players profiled in the Packer Bottle Market include Clarke Container Inc, O.Berk Company, LLC, Maynard & Harris Plastics, Graham Packaging Company, Alpha Packaging, Inc, Comar, LLC, Aaron Packaging, Inc, CL Smith, Berry Global Group, Inc, Amcor Plc and Gerresheimer AG.
Capacities Covered:
• 400cc
• 300cc
• 200cc
• 100cc & Below
Materials Covered:
• Glass
• Plastic
Bottle Shapes Covered:
• Square
• Round
• Oval
Applications Covered:
• Liquid
• Powder & Granules
• Tablet & Capsules
End Users Covered:
• Healthcare & Pharmaceuticals
• Food & Beverages Ingredients
• Chemicals
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
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