The global pocket containers market is expected to experience significant growth in the coming years. The market is projected to reach a value of US$ 429.2 million by 2032, with sales growing at a moderate CAGR of 4.5% from 2022 to 2032. In 2022, the market is estimated to be valued at US$ 276.4 million. The rising demand for pocket containers across various industry verticals, including pharmaceuticals, food & beverage, cosmetics, and others, is driving the expansion of the market.
The increasing need for smaller and compact packaging solutions has led to a surge in demand for pocket containers. This demand is expected to continue growing, resulting in a significant increase in global sales. Pocket containers are unique, compact, and portable products that enable convenient storage of goods in pockets.
They are widely used in diverse industries such as food & beverage, pharmaceuticals, cosmetics, personal care, and consumer goods. The rapid growth of these industries is expected to have a positive impact on the pocket containers market.
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The global trend of miniaturization has influenced packaging companies to offer compact and convenient packaging solutions. To cater to the diverse needs of customers, major players in the packaging industry are introducing pocket containers with features like moisture and heat resistance. This trend aligns well with the market’s overall objectives.
The pharmaceutical and food & beverage sectors are increasingly adopting pocket containers, driving significant demand for the product. The growing need for convenient and compact packaging options from end-users in these industries is expected to fuel the demand for pocket containers. Consequently, the market is likely to witness substantial growth in the upcoming years, driven by the demand for compact and convenient packaging products that can easily be stored in consumers’ pockets.
“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 US$ 102.1 Mn by 2032.
- Expanding pharmaceutical sector to drive market growth in India.
- Plastic pocket containers segment will generate US$ 150 Mn revenue opportunity.
- In terms of end use, the pharmaceutical sector is dominating the global market space
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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.
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
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