Foldable Bottles Market Overview
Foldable bottles are such rigid bottles which can be folded when empty. Foldable bottles are used for the efficient and protective packaging of products. These bottles have various end users such as food & beverages, pharmaceutical, automotive, transport & shipping industries etc.
Various attractive features of these bottles provide more protection as compared to the cardboard boxes and have longer life. These features include reusability, durability, weatherproofing, stackablity etc. Foldable bottles are of different types such as collapsible, non-collapsible etc. and these are convenient for using during travelling and shipment.
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Foldable Bottles Market: Dynamics
Foldable bottles are very easy to carry around and it is the perfect solution for outdoor activity. Moreover, these bottles are recyclable, durable, detachable, light-weight, stable and some silicon made foldable bottles can be used in microwave oven as well.
Furthermore the bottles can be used for filling with hot water and frozen water, as freezing the container does not damage the product. These are some of the key factors which are driving the growth of the foldable bottles market to replace single-use plastic bottles.
The global foldable bottles market is growing on the backdrop of protective packaging of sensitive and fragile products. The foldable bottles market is driven by the food and healthcare industries. Food & beverages industries use foldable bottles for efficient packaging of the food products as beverage bottles, milk bottles etc. The transportation of beverage has become very easy and safe by packing in the foldable bottles.
Nowadays people follow the trend of hiking and traveling more just to get rid of their daily boring lives and this factor is creating opportunities for the foldable bottles market to grow in the industry. The rate of hiking across the globe is rising continuously and people are preferring foldable bottles over traditional hard-shelled bottles for carrying water and beverages
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Foldable Bottles Market: Covid-19 Impact
The robust outbreak of Covid-19 has affected the financial conditions of various economies. The declined growth rates of these economies are affecting the manufacturers of foldable bottles negatively. The widespread health crisis created by the coronavirus is adversely affecting the end-use sectors of foldable bottles.
Foldable Bottles Market-Key Players
- Diller
- Nomader
- Contiki
- ValourGo
- Alpha Packaging
- Vapur, Inc
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