Worldwide sales of packer bottles are currently valued at around US$ 5.5 Billion. Detailed industry analysis reveals that the global packer bottle market is anticipated to expand at a healthy CAGR of 5.3% to reach US$ 9.1 Billion by 2031.
One of the key drivers of the packer bottle market is the increasing demand for packaging that is both convenient and easy to use. Consumers are looking for packaging that is easy to open, use, and dispose of, and packer bottles meet these requirements. They are also ideal for products that require precise measurements, such as sauces, condiments, and salad dressings.
Another driver of the packer bottle market is the growing demand for eco-friendly packaging. Packer bottles are made from a variety of materials, including plastic, glass, and metal, and many of these materials are recyclable. This makes them a more sustainable option than traditional packaging materials such as aluminum cans and glass jars.
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Who is Winning?
Berry Global Group, Inc, Amcor Plc and Gerresheimer AG are among the top players operating in the packer bottle market. Some of the other key players operating in the market are Graham Packaging Company, Maynard & Harris Plastics and Alpha Packaging, Inc. The Tier 3 players in the market hold 65-70% in the global packer bottle market. In conclusion, key players contribute almost 30-35% of the global market.
The food and beverage industry is one of the largest users of packer bottles. They are commonly used to package sauces, condiments, salad dressings, syrups, and other liquid food products. The cosmetics and personal care industry also uses packer bottles to package lotions, creams, and other personal care products. The chemicals industry also uses packer bottles for packaging chemicals and adhesives.
Key Takeaways from Packer Bottle Market
- Packer bottle sales will consistently, despite a temporary set-back amid COVID-19 outbreak. FMI predicts the market to rise at 5.4% CAGR between 2021 and 2031
- Within North America, the U.S. is expected to account for over 85% of sales in 2021
- Temporary period of lull amid pandemic will cause sales to dip in the U.K. However, recovery is likely 2022 onwards
- Germany and France are expected to showcase marginal improvement in packer bottle sales in 2021
- Despite China’s dominance, Japan and South Korea markets will exhibit higher growth within East Asia
“Incorporation of recent advancements in packer bottles such FDA-approved and child resistant packaging solutions, coupled with excellent light and moisture barrier properties, has widened scope for application in several end use industries,” says FMI analyst.
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Packer Bottle Market by Category
Material
Plastic
- High Density Polyethylene (HDPE)
- Polyethylene terephthalate (PET)
- Glass
Capacity
- 100cc & Below
- 200cc
- 300cc
- 400cc
Application
- Tablet & Capsules
- Powder & Granules
- Liquid
End Use
- Pharmaceuticals
- Chemicals
- Food & Beverages Ingredients
- Other Industrial
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Demand for Damage Resistance and Spill-proof Packaging Solutions in Pharmaceuticals Driving Sales
Aseptic and spill proof packaging is always a prime concern for end users, especially in case of pharmaceuticals and liquid food packaging. Packer bottles are mostly made up of plastic that offers high tear resistant to the inside product during transit. Therefore, this type of packaging solution is used frequently in pharmaceutical industry for packing, sealing, storing, and transporting extensive range of solid and liquid form of pharmaceutical drugs.
Further, packer bottles fulfil precise packaging requirement of pharmaceutical industry as they are offer a multitude of benefits, including efficiency in botyh low & high temperature and impact resistant, child resistant, non-reactive to chemicals, and leak & seep proof. On the other side, rapidly rising healthcare and pharmaceutical spending by individuals will bolster the sales of pharmaceuticals drugs, which will further create considerable demand for rigid packaging solutions including packer bottles.
Key Benefits
- This report provides a quantitative analysis of the current Packer Bottle market trend, market opportunities, estimations, and dynamics of the Packer Bottle market analysis from 2023 to 2033 to identify the prevailing Packer Bottle market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities. - Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the Packer Bottle market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global electrostatic discharge (esd) packaging market trends, key players, market segments, application areas, and market growth strategies.
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