The global pocket containers market is poised for substantial growth, with an estimated value reaching US$ 276.4 million in 2022, and a consistent Compound Annual Growth Rate (CAGR) of 4.5% anticipated between 2022 and 2032. This steady trajectory is projected to result in a total market worth of around US$ 429.2 million by 2032.
The rising adoption of pocket containers across various end-use industries, including food & beverage, cosmetics, and pharmaceuticals, is a key driver propelling the market’s demand. The surge in popularity of smaller and more compact packaging solutions has significantly boosted the sales of pocket containers in recent years, a trend expected to persist during the forecast period. These unique and portable packaging products cater to the need for conveniently carrying essential items in pockets.
Request A PDF Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-6424
Pocket containers find versatile applications across diverse sectors, including food & beverage, pharmaceuticals, cosmetics & personal care, and consumer goods. The robust expansion of these industries globally will undoubtedly contribute favorably to the overall growth of the pocket containers market throughout the assessment period.
Regionally, the South Asia pocket containers market is poised to experience the highest Compound Annual Growth Rate during the forecasted period. This growth can be attributed to increased manufacturing and sales of pocket containers, driven by factors like a growing population, urbanization, and economic expansion within the region.
Some of the key questions answered in this report:
- Which Manufacturing Technology is used for Pocket Containers? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Pocket Containers Market? What are Their Company Profile, Their Product Information, and Contact Information?
- What Was Global Market Status of Pocket Containers Market? What Was Capacity, Production Value, Cost and PROFIT of Pocket Containers Market?
Pocket Containers Made of Polypropylene to Capture Majority of Customer Demands
The report estimates that polypropylene will be sought-after materials in the manufacturing of pocket containers. By the end of 2026, nearly 40% of pocket containers sold in the world will be made of PP materials.
Being an inexpensive material, polypropylene will continue to translate high profits for pocket containers manufacturers, and will also generate consistent demand by exhibiting high flexural strength and low frictional co-efficiency.
Demand for Screw Cap Pocket Containers to Dip; Manufacturers to Focus on Producing Pocket Containers with 30-75 ml Capacity
Currently, pocket containers with screw plastic cap & closures are showcasing a stellar demand. However, spillage risks will lower their sales in the future. Between 2017 and 2026, the global market value share of screw cap pocket containers will incur a descent of 3% or more. The demand for pocket containers with child resistant closures will gain traction, reflecting a fast value growth at 6.9% CAGR over the forecast period.
Manufacturers will also focus on extending the production of pocket containers with 30-75 ml capacity. Over the forecast period, more than one-third share of pocket containers produced in the world will offer 30-75 ml capacity for storage. Companies namely, All American Containers, Alpha Packaging Holdings, Amcor Ltd., CKS Packaging, DailyMag Sharp Containers, Gerresheimer, TYH Container Enterprises, USON Plast, and Vidchem pty ltd., which are observed as the key manufacturers of pocket containers in the global market, will also focus on the growing demand for pocket containers with less than 30 ml capacity.
Request Report Methodology @ https://www.futuremarketinsights.com/askus/rep-gb-6424
Market Taxonomy
By Region
- North America
- Latin America
- Europe
- Japan
- APEJ
- MEA
By Material Type
- Polypropylene (PP)
- Polyethylene terephthalate(PET)
- Polyethylene(PE)
- Other Material Types
By End Use Industry
- Pharmaceutical
- Food & Beverage
- Consumer Goods
By Closure Type
- Side opening
- Child Resistent
- Screw Cap
- Snap on
- Other Closure types
By Capacity
- Less than 30 ml
- 30 -75 ml
- 75 – 125 ml
- More than 125 ml
About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 9-years.
Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/pocket-containers-market
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs
