Packer bottles are mainly used for storage of medicines, food and beverages, nutritional supplements, chemicals, and others. These packer bottles prevent substances from spilling and protects them from oxidation. Packer bottles are mainly made of glass or wood material and are available in different colors based on the properties of content. For instance, amber color bottles are primarily used to pack light sensitive products such as liquids, while clear bottles are used for measuring volumes.
Packer bottles find applications in packaging of beverages and nutritional supplements due to its sealing property, which prevents oxidation and thereby, increasing their shelf life. The global packer bottles market is expected to witness significant growth over the forecast period, owing to growing beverages industry. For instance, according to the World Health Organization (WHO), global annual per capita alcohol consumption was pegged at at 6.4 liters in 2016, which is expected to increase to reach 7.0 liters in 2025.
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Moreover, in pharmaceutical industry, packer bottles are used for storing solid, liquid, and ophthalmic drugs. Growing pharmaceutical industry is expected to drive growth of the packer bottles market over the forecast period. For instance, according to the International Trade Association, global pharmaceutical market was valued at US$ 1 trillion in 2015, which is expected to increase to reach US$ 1.3 trillion by 2020.
However, rising acceptance of blister packaging for capsules in pharmaceutical industry due to its light weight and low cost is expected to hamper growth of the packer bottles market over the forecast period.
Among regions, North America is expected to hold a largest market share in the packer bottles market over the forecast period, owing to its largest market share in the global pharmaceutical and chemical industry. For instance, according to the International Trade Administration (ITA), in 2015, North America’s market share in global pharmaceutical industry was accounted for around 37% and is expected to retain its position in 2020. Moreover, Asia Pacific is expected to witness significant growth in the packer bottles market over the forecast period, owing to rapidly growing food & beverages and pharmaceutical industry in the region. For instance, according to the ITA, pharmaceutical market in China was valued at US$ 108 billion in 2015, and is expected to reach US$ 167 billion by 2020.
Key players in the Global Packer Bottles Market:-
Key players operating in global packer bottles market include Berlin Packaging LLC, Team Packaging Inc., Aaron Packaging Inc., Berry Plastics Corporation, Silver Spur Corporation, Alpha Packaging, Thermo Fisher Scientific BV, Freund Container Inc., The Cary Company, and KushCo Holdings Inc.
On the basis of material, the global packer bottles market is segmented into:
▪ High Density Polyethylene (HDPE)
▪ Low Density Polyethylene (LDPE)
◦ Polyvinyl Chloride (PVC)
◦ Polypropylene (PP)
◦ Polycarbonate (PC)
◦ Polystyrene (PS)
On the basis of application, the global packer bottles market is segmented into
• Tablets & Capsules
• Powder & Granules
On the basis of end-use industry, the global packer bottles market is segmented into:
• Food and Beverages
On the basis of capacity, the global packer bottles market is segmented into:
• Below 100 cc
• 100 cc-300 cc
• 300 cc-500 cc
• Above 500 cc
On the basis of bottle shape, the global packer bottles market is segmented into:
On the basis of region, the global packer bottles market is segmented into:
• Asia Pacific
• North America
• South America
• Middle East and Africa
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