Approximately US$ 5.5 billion in sales of packer bottles are now recorded worldwide. The packer bottle market is expected to grow at a respectable CAGR of 5.3% to reach US$ 9.1 Bn by 2031, according to a thorough industry analysis. 19.7% of all pharmaceutical bottles sold worldwide today are packer bottles. Over the next several years, it is anticipated that a flurry of new technology developments would increase demand for packer bottles and satisfy a variety of healthcare packaging requirements.
The market for packer bottles, also known as squeezable bottles, is growing at a steady rate due to their increasing use in various industries such as food, cosmetics, and chemicals. Packer bottles are designed to be easy to squeeze and dispense, making them a popular choice for products that require precise measurements or easy dispensing.
One of the key drivers of the packer bottle market is the increasing demand for packaging that is both convenient and easy to use. Consumers are looking for packaging that is easy to open, use, and dispose of, and packer bottles meet these requirements. They are also ideal for products that require precise measurements, such as sauces, condiments, and salad dressings.
Another driver of the packer bottle market is the growing demand for eco-friendly packaging. Packer bottles are made from a variety of materials, including plastic, glass, and metal, and many of these materials are recyclable. This makes them a more sustainable option than traditional packaging materials such as aluminum cans and glass jars.
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The food and beverage industry is one of the largest users of packer bottles. They are commonly used to package sauces, condiments, salad dressings, syrups, and other liquid food products. The cosmetics and personal care industry also uses packer bottles to package lotions, creams, and other personal care products. The chemicals industry also uses packer bottles for packaging chemicals and adhesives.
Approximately US$ 5.5 billion in sales of packer bottles are now recorded worldwide. The packer bottle market is expected to grow at a respectable CAGR of 5.3% to reach US$ 9.1 Bn by 2031, according to a thorough industry analysis.
19.7% of all pharmaceutical bottles sold worldwide today are packer bottles. Over the next several years, it is anticipated that a flurry of new technology developments would increase demand for packer bottles and satisfy a variety of healthcare packaging requirements.
The packer bottle market can be segmented into different types of materials, including plastic, glass, and metal. Plastic packer bottles are the most popular due to their low cost and lightweight. Glass packer bottles are also used, but they are more expensive and heavier than plastic bottles. Metal packer bottles are also used, but they are the least common due to their high cost and weight.
The packer bottle market can also be segmented into different types of closures, including screw caps, flip tops, and pumps. Screw caps are the most common type of closure, as they are easy to use and provide a tight seal. Flip top closures are also popular, as they are easy to open and close, and provide a good seal. Pumps are also used, but they are more expensive than screw caps and flip tops.
The packer bottle market is a highly competitive industry with several key players operating in the market. Some of the major players in the market include Berry Global, Amcor, WestRock, and Bemis. These companies have a strong presence in the market and offer a wide range of packer bottles to meet the needs of different industries.
In conclusion, the packer bottle market is growing at a steady rate due to their increasing use in various industries such as food, cosmetics, and chemicals. The demand for packaging that is both convenient and easy to use, as well as the growing demand for eco-friendly packaging, are the key drivers of the market. The food and beverage industry is one of the largest users of packer bottles, but they are also commonly used in the cosmetics and personal care industry, and the chemicals industry. The packer bottle market is a highly competitive industry with several key players operating in the market.
In terms of availability, there are variety of packer bottles made up of plastic and glass available in the market. FMI predicts that, the manufacturers operating in the global packer bottle market to have ample opportunities to maximize their sales, as manufacturing output and packaging needs form pharmaceutical and food sectors is consistently rising.
According to the report, plastic will remain most preferred material owing to its pricing affordability and light weight mass. Among end users, pharmaceutical sector is expected to account for the lion’s share.
Key Takeaways from Packer Bottle Market
- Packer bottle sales will consistently, despite a temporary set-back amid COVID-19 outbreak. FMI predicts the market to rise at 5.4% CAGR between 2021 and 2031
- Within North America, the U.S. is expected to account for over 85% of sales in 2021
- Temporary period of lull amid pandemic will cause sales to dip in the U.K. However, recovery is likely 2022 onwards
- Germany and France are expected to showcase marginal improvement in packer bottle sales in 2021
- Despite China’s dominance, Japan and South Korea markets will exhibit higher growth within East Asia
“Incorporation of recent advancements in packer bottles such FDA-approved and child resistant packaging solutions, coupled with excellent light and moisture barrier properties, has widened scope for application in several end use industries,” says FMI analyst.
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Packer Bottle Market by Category
Material
- Plastic
- High Density Polyethylene (HDPE)
- Polyethylene terephthalate (PET)
- Glass
Capacity
- 100cc & Below
- 200cc
- 300cc
- 400cc
Application
- Tablet & Capsules
- Powder & Granules
- Liquid
End Use
- Pharmaceuticals
- Chemicals
- Food & Beverages Ingredients
- Other Industrial
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Demand for Damage Resistance and Spill-proof Packaging Solutions in Pharmaceuticals Driving Sales
Aseptic and spill proof packaging is always a prime concern for end users, especially in case of pharmaceuticals and liquid food packaging. Packer bottles are mostly made up of plastic that offers high tear resistant to the inside product during transit. Therefore, this type of packaging solution is used frequently in pharmaceutical industry for packing, sealing, storing, and transporting extensive range of solid and liquid form of pharmaceutical drugs.
Further, packer bottles fulfil precise packaging requirement of pharmaceutical industry as they are offer a multitude of benefits, including efficiency in botyh low & high temperature and impact resistant, child resistant, non-reactive to chemicals, and leak & seep proof. On the other side, rapidly rising healthcare and pharmaceutical spending by individuals will bolster the sales of pharmaceuticals drugs, which will further create considerable demand for rigid packaging solutions including packer bottles.
Who is Winning?
Berry Global Group, Inc, Amcor Plc and Gerresheimer AG are among the top players operating in the packer bottle market. Some of the other key players operating in the market are Graham Packaging Company, Maynard & Harris Plastics and Alpha Packaging, Inc. The Tier 3 players in the market hold 65-70% in the global packer bottle market. In conclusion, key players contribute almost 30-35% of the global market.
What to Expect in Our Report?
(1) A complete section of the Global Packer Bottle market report is dedicated to market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.
(2) Another broad section of the research study is reserved for regional analysis of the Global Packer Bottle market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.
(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Global Packer Bottle market.
(4) The report also discusses the competitive situation and trends and sheds light on company expansions and mergers and acquisitions taking place in the Global Packer Bottle market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.
(5) Readers are provided with findings and conclusions of the research study provided in the Global Packer Bottle Market report.
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