The global pocket containers market is expected to witness significant growth, with sales projected to reach US$429.2 million by 2032. From 2022 to 2032, the market is anticipated to grow at a moderate CAGR of 4.5%. In 2022, the estimated value of the pocket containers market is expected to be around US$276.4 million. The increasing use of pocket containers in various industries such as pharmaceuticals, food and beverage, cosmetics, and others is driving the expansion of the market.
The demand for smaller and compact packaging solutions has contributed to the rise in popularity of pocket containers. These containers are convenient, portable, and can easily fit into pockets, making them ideal for storing essential products. As a result, they find applications in diverse sectors such as food and beverage, pharmaceuticals, cosmetics, personal care, and consumer goods. The rapid growth of these industries is expected to positively impact the pocket containers market.
Packaging companies are responding to the global trend of miniaturization by introducing compact and convenient packaging solutions. Pocket containers are being designed to offer moisture and heat resistance, catering to the diverse needs of customers. This trend aligns well with the increasing demand for compact and convenient packaging options from end users, particularly in the pharmaceutical and food and beverage sectors. Consequently, the demand for pocket containers is expected to experience considerable growth.
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Overall, the growing need for compact and convenient packaging products that can be easily stored in consumers’ pockets is anticipated to drive the growth of the pocket containers market in the coming years
“Rising adoption of pocket containers in cosmetics, food & beverage, and pharmaceutical sector will augment the global sales of the pocket containers market over the forecast period,” says an FMI analyst.
Key Takeaways:
- Rising demand for lightweight and miniaturized packaging options will stimulate market expansion.
- Pocket containers market in the U.S. to reach an estimated US$ 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
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.
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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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