The global cider packaging market is estimated to secure a valuation of US$ 3.04 billion in 2023 and reach US$ 5.1 billion by 2033. The global market is anticipated to capture a CAGR of 5.3% during the forecast period.
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Why Manufacturers Preferring Cider Packaging to Enhance Their Goods Safety?
Some genuine reasons consider cider packaging as a better option to improve manufacturer’s goods safety. These reasons are as follows:
- Eco-Friendly Packaging: Manufacturers are focused on recyclable and eco-friendly packaging and are increasing the adoption of cider packaging. These manufacturers are protecting their products in a sustainable option without involving plastic packaging. Consumers are attracting and preferring sustainable products to improve their packaging solutions.
- Tamper-Evident Packaging: Manufacturers are enhancing product safety and protection by increasing the demand for tamper-evident packaging. They are raising the adoption of cider bottles to seal them with caps safely opened by consumers. Through these, these manufacturers are selling their products by maintaining their consumer’s trust in their products and safety.
- Product Integrity:Manufacturers prefer cider packaging for its advanced protection from temperature, air, dust, and sunlight. They are maintaining their product’s integrity without lacking its quality. For instance, glass bottles are a prior and better option to keep the product’s quality and freshness.
- Regulatory Compliance:Manufacturers follow certain regulations in specific packaging to ensure consumer safety by adopting cider packaging such as alcoholic beverages. Manufacturers adopt these packaging solutions to avoid legal issues with their product standards.
- Brand Perception:Manufacturers add value by adopting high-quality packaging to enhance their brand image. They are contributing their quality products to attract consumers.
- Market Differentiation:Manufacturers play a significant role in choosing cider packaging. They are influencing their consumer’s perception of safety.
- Consumer Preferences:Consumers choose cider packaging to enhance quality and safety. The manufacturers are attracting buyers with their advanced and non-toxic packaging solutions.
- Health and Wellness Trends:Consumers are focused on wellness and health by adopting sustainable and clean packaging choices. The increasing adoption of cider packaging is more natural than plastic packaging, enhancing product quality.
These are a few of the aspects on which manufacturers prefer cider packaging solutions to protect and enhance the safety of their products.
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Key Takeaways:
- The global cider packaging market is anticipated to secure a valuation of US$ 5.1 billion with a CAGR of 5.3% during the forecast period.
- The United Kingdom is anticipated to capture a maximum global market share by 2033.
- In the historical period, the global market registered a valuation of US$ 2.89 billion in 2022.
How are Key Players Adding Value in the Global Market?
The global market is highly fragmented by the number of essential players significantly invested in research and development activities. They are investing heavily to carry out unique ideas and innovations to develop improved and advanced products in the global market. These players are adopting various marketing tactics such as mergers, acquisitions, collaborations, product launches, and agreements.
Recent Developments in the Global Market are:
In 2021, Berlin Packaging announced its acquisition with United Bottles & Packaging to enhance its portfolio in cider packaging solutions.
Cider Packaging Market by Segmentation
By Material Type:
- Glass
- Plastic
- Metal
By Packaging Type:
- Bottles
- Cans
- Stand-Up Pouches
By End Use:
- Veterinary Pharmacies
- E-commerce
- Veterinary Clinics
- Veterinary Hospitals
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa (MEA)
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