Improvement in Packaging Industry to Boost Effervescent Packaging Market 2020 | COVID-19 Analysis, Size, Share, Growth, Trends, Business Opportunity, Strategies, Segments and Forecast 2023

Summary

Global Effervescent Packaging Market by Packaging Type (Tubes, Sachets, Stick Packs, and others), By Product (Tablets and Powder), by Application (Pharmaceuticals, Nutraceuticals and Others) and By Region – Forecast To 2023

Overview:

As discussed by the analysts from Market Research Future (MRFR), the effervescent packaging market is showing ample growth opportunities in the coming years due to the rising demand for the product in the healthcare sector. Growing investment in the pharmaceutical industry to ensure proper packaging and development in research projects is expected to bolster the effervescent packaging market’s growth. Also, the market is expected to benefit, notably from changes in the government guidelines. Rising awareness among consumers regarding preventive health measures is set to inspire a surge in the effervescent packaging market.

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Competitive Landscape:

Romaco Pharmatechnik GmbH (Germany), Sanner GmbH (Germany), Amerilab Technologies, Inc. (U.S.), Nutrilo GmbH (Germany), Zhejiang Sorfa Life Science Research Co., Ltd (China), Unither Pharmaceuticals (France), Parekhplast India Ltd. (India), Hebei Xinfuda Plastic Products Co., Ltd. (China), and GEA Group (Germany) are companies impacting the global market for effervescent packaging. MRFR’s analysis of their strategic mechanisms revealed various trends that may have had an influence on the global market.

Segmentation:

The global report on the effervescent packaging market includes a proper analysis of the product, application, and packaging type. These segments and revealed data from the analysis are expected to simplify the process of understanding the market flow.

By packaging type, the report on the effervescent packaging market includes an understanding of sachets, stick packs, tubes, and others. The tubes segment has the maximum market share and it is gaining prominence due to its non-toxic nature and ability to withstand microbiological attack. Also, these are convenient when it comes to daily use.

By product, the report with details of the effervescent packaging market includes segmentation of tablets and powder. The tablets segment has the maximum market impact. Effervescent tablets are finding it easier to impact the market as these are widely circulated in the pharmaceutical industry to treat diseases like treating pain, fever or respiratory diseases.

By application, the global market report on the effervescent packaging reveals segments like pharmaceuticals, nutraceuticals, and others. The pharmaceuticals segment has strong applications, however, the nutraceutical sector is also registering robust growth.

Regional Analysis:

With contributions made by Germany, France, and the UK, Europe is dominating the market and its research-related spending is expected to bolster the regional market. North America stands second in the market with significant contributions from the US and Canada. The region is also set to profit from robust technological support and investment backup.

Industry News:

Recently, Sanner announced that the company is coming up with its new Sanner BioBase® effervescent tablet packaging that will have more than 90 percent bio-based material. This will be a game-changer in the market as many end users feel the need for an eco-friendly product to curb their carbon footprint. The biopolymers used in the tablet packaging production have various renewable raw materials like sugar cane or cellulose, corn, which are then converted into bio-sustainable ethanol. This technological brilliance allows the company to plan its market expansion on the basis of bio-based plastic packaging. It provides a certain level of independence from fossil raw material deposits and the end result shows a reduction in the CO2 footprint. BioBase® is quite similar to PE and PP that get manufactured from fossil raw materials.

Some halting in the production, disruption in the manufacturing sector’s workflow, and others have impacted the global market flow significantly. However, the rise in demand for pharmaceutical products in the healthcare sector positively impacted the effervescent packaging market during the COVID-19 crisis.

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