The global pocket containers market is projected to grow steadily over the next decade, with an estimated market size of USD 276.4 million in 2022, further expanding at a CAGR of 4.5% to reach approximately USD 429.2 million by 2032. This growth is driven by the rising adoption of compact and portable packaging solutions across key industries such as food & beverage, cosmetics, and pharmaceuticals.
With increasing consumer demand for smaller, more convenient packaging, pocket containers have witnessed a surge in popularity in recent years. These containers offer unique advantages, including portability, easy storage, and convenience, making them ideal for on-the-go lifestyles. As a result, pocket containers are becoming indispensable across various sectors, providing a seamless solution for carrying essential items in a pocket-friendly manner.
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Key end-use industries such as food & beverage, pharmaceuticals, cosmetics, and personal care are increasingly leveraging pocket containers for storing and distributing products like snacks, medicines, personal care items, and cosmetics. The rapid expansion of these industries is expected to propel the demand for pocket containers further during the forecast period.
A soaring demand for smaller and compact packaging solutions has resulted in the escalating demand for pocket containers. This heightened demand is expected to continue over the assessment period, culminating in a spike in the global sales of the pocket containers market.
These packaging solutions are distinctive, compact, and portable products that can conveniently store goods in the pockets. Pocket containers, as the name suggests, enable people to carry essential products in their pockets with ease.
Thus, pocket containers find usage in diverse end-use industries such as food & beverage, pharmaceutical, cosmetic & personal care, and consumer goods. The rapid expansion of these industries will positively impact the pocket containers market during this period of observation.
“Rising adoption of pocket containers in cosmetics, food & beverage, and pharmaceutical sector will augment the global sales of the pocket containers market over the forecast period,” says an FMI analyst.
Key Takeaways:
- Rising demand for lightweight and miniaturized packaging options will stimulate market expansion.
- Pocket containers market in the U.S. to reach an estimated USD 102.1 Million by 2032.
- Expanding pharmaceutical sector to drive market growth in India.
- Plastic pocket containers segment will generate a USD 150 Million revenue opportunity.
- In terms of end use, the pharmaceutical sector is dominating the global market space
Competitive Landscape
Gerresheimer AG, Constar International, CKS Packaging, Alpha Packaging Holdings, TYH Container Enterprises, Vidchem Pvt. ltd., APTACA Spa, USON Plast, Graham Packaging, and Plastipak Packaging among others are some of the major players in the pocket containers market profiled in the full version of the report.
Leading market players are keen on releasing new products in the market to expand their product portfolios. These enterprises are deploying tactics like mergers, acquisitions, collaborations, and partnerships to strengthen their market position.
Recent Developments
- In April 2021, Alpha Packaging announced the acquisition of Boxmore Plastics Limited, based in Ireland. This acquisition will enable Alpha Packaging to provide a diverse selection of goods to its customers in Europe.
- Plastipak, a plastic container producer, completed an investment at its Luxembourg production facility in January 2022 to increase PET recycling capacity.
- In March 2022, Gerresheimer launched a new plant to provide pharmaceutical container solutions in Ohio (Berlin).
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
- South Asia
- Oceania
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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