From consumer products to pharmaceuticals, the trend of miniaturization is treading across the manufacturing sector. Small and compact products such as prescription pills or contact lenses require pocket containers for storage, the demand for which is pegged to grow robustly in the coming years. Future Market Insights’ latest forecast study projects the global pocket containers market to reach a valuation of US$ 610 million by the end of 2026. Providing convenience to the end-users will be a key trend influencing the production of pocket containers in the coming years.

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What’s your take on the expansion of the global pocket containers market during 2017-2026?

Our study projects the global pocket containers market to expand at a steady CAGR of 5.6% in terms of value over the period of assessment.

Do you think manufacturers will consider making pocket containers out of polypropylene in the future?

Well, pocket containers made of polypropylene exhibit high profit margins for manufacturers. The high strength characteristics of PP materials is also bolstering the utility of such pocket containers. However, environmental hazards associated with disposal, reusability, and production of polypropylene pocket containers will impede their sales in the future. In 2017, pocket containers made of polypropylene brought in more than US$ 150 million worth of revenues. However, their market share is pegged to dwindle towards the end of the forecast period.

What do you perceive as the key trends influencing the sales of pocket containers?

I have observed a significant influence of two key trends on the future of the market. The pocket containers will provide high moisture resistance for the next generation requirements. Secondly, their air-tight storage advantage will be a driving force for their sales.

PET pocket containers. What’s their scope in the market’s future, as per your analytical viewpoint?

I observe the high strength-to-weight ratio of PET materials as their biggest advantage as a key material in pocket container manufacturing. Over the forecast period, PET pocket containers will reflect a high value CAGR of 6.8%.

Has your analysis revealed the most profitable end-use of pocket containers?

Pharmaceuticals industry is the largest end-user of pocket containers, and will continue to tread along this dominance in the coming years.

Can you identify the key market players?

We have profiled prominent manufacturers of pocket containers, which include Alpha Packaging Holdings, Amcor Ltd, All American Containers, Gerresheimer, CKS Packaging, Vidchem pty ltd, TYH Container Enterprises, DailyMag Sharp Containers, and USON Plast.

Can you estimate if screw cap closures will witness high demand for pocket containers of tomorrow?

Through 2026, pocket containers with screw cap closures will be top-selling products. However, leakage and spillage risks of screw cap closures will dwindle their global market value share by more than 3% between 2017 and 2026.

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Have you consider the storage capacities of pocket containers during analysis?

Yes, absolutely. A wide range of storage capacities have been analyzed in the market forecasting methodologies. In 2018 and beyond, pocket containers with 30-75ml will register highest demand in global market.

Lastly, what’s your view on the geographic expansion of the global pocket containers market?

Asia-Pacific excluding Japan (APEJ) will exhibit a concentered growth in global pocket containers manufacturing landscape, while the demand for pocket containers will be significant in the APEJ, North America and Europe regions.

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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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