Little, portable containers called “pocket containers” are frequently used to store and transport tiny objects like pills, powders, and other similar goods. They are well-liked by customers who must take vitamins or medications on the fly because they are portable and convenient. The growing demand for portable and practical packaging solutions is likely to propel the growth of the global market for pocket containers in the upcoming years. With a CAGR of 7.1% from US$ 12.5 Billion in 2022, the market for industrial drums is predicted to reach US$ 17.6 Billion in 2027.
The market may be divided into segments based on region, end-use industry, material type, and product type. Metal, plastic, and various types of materials are examples. Screw tops, snap tops, hinged tops, and other product kinds are examples. Pharmacies, cosmetics, food and beverage, and other end-use businesses are examples of pocket container end-use industries. The market can be divided into North America, Europe, Asia Pacific, and the Rest of the World on a regional basis.
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North America currently dominates the global pocket containers market due to the presence of a large number of pharmaceutical and healthcare companies in the region. However, the Asia Pacific region is expected to witness the highest growth rate during the forecast period, driven by the increasing demand for portable and convenient packaging solutions in countries such as China, India, and Japan.
In conclusion, the pocket containers market is a growing industry that is driven by the increasing demand for portable and convenient packaging solutions. As consumers continue to seek out products that are easy to carry and use on the go, the demand for pocket containers is expected to increase, creating opportunities for further growth in the market. The Asia Pacific region is expected to witness the highest growth rate, driven by the increasing demand for portable and convenient packaging solutions in countries such as China, India, and Japan.
Competitive Landscape
The global pocket containers market is fragmented and competitive in nature with the key players constantly expanding their product portfolios by launching new products. Besides this, they are using various tactics such as collaborations, mergers & acquisitions, and partnerships to improve their market share and remain relevant in the global packet containers market.
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Key Players:
- Gerresheimer AG
- Constar International
- CKS Packaging
- Alpha Packaging Holdings
- TYH Container Enterprises
- Vidchem pty ltd.
- APTACA Spa
- USON Plast
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Pocket Containers Market Outlook by Category
By Material Type:
- Plastic
- PP
- PET
- PE
- Metal
By Packaging Format:
- Flask
- Bottle
- Boxes & Cartons
By End Use:
- Food & Beverage
- Pharmaceutical
- Cosmetic & Personal Care
- Other Consumer Goods
By Region:
- North America
- Latin America
- Europe
- Middle East and Africa (MEA)
- East Asia
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