Request A PDF Sample Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-6424
- Market Size and Growth Projection:
- The estimated market size for pocket containers in 2022 is US$ 276.4 Mn.
- The market is expected to grow steadily at a Compound Annual Growth Rate (CAGR) of 4.5% between 2022 and 2032.
- The projected market size by 2032 is around US$ 429.2 Mn.
- End-Use Industries Driving Demand:
- The demand for pocket containers is primarily fueled by their usage in various end-use industries, including food & beverage, cosmetics, and pharmaceuticals.
- These industries are experiencing a rising demand for compact packaging solutions.
- Trend of Smaller and Compact Packaging:
- The market highlights a trend toward smaller and more compact packaging solutions.
- This trend has led to a rapid increase in sales of pocket containers in recent years, and it is anticipated to persist throughout the forecast period.
- Unique Features of Pocket Containers:
- Pocket containers are characterized as unique, compact, and portable packaging products.
- They provide a convenient way for individuals to carry essential items in their pockets.
- Diverse Applications Across Industries:
- Pocket containers find applications across multiple industries, including food & beverage, pharmaceuticals, cosmetics & personal care, and consumer goods.
- The versatility of pocket containers contributes to their widespread adoption.
- Rapid Expansion of End-Use Industries:
- The overall growth of end-use industries, such as food & beverage, pharmaceuticals, cosmetics, and consumer goods, is identified as a positive factor influencing the pocket containers market.
- The expansion of these industries is expected to contribute to the market’s overall well-being during the assessment period.
- Convenience and Portability:
- The convenience and portability offered by pocket containers are highlighted as key features, making them a preferred choice for consumers.
Pocket Containers Made of Polypropylene to Capture Majority of Customer Demands
The report estimates that polypropylene will be sought-after materials in the manufacturing of pocket containers. By the end of 2026, nearly 40% of pocket containers sold in the world will be made of PP materials.
Being an inexpensive material, polypropylene will continue to translate high profits for pocket containers manufacturers, and will also generate consistent demand by exhibiting high flexural strength and low frictional co-efficiency.
Request Report Methodology: https://www.futuremarketinsights.com/askus/rep-gb-6424
Market Taxonomy
By Region
- North America
- Latin America
- Europe
- Japan
- APEJ
- MEA
By Material Type
- Polypropylene (PP)
- Polyethylene terephthalate(PET)
- Polyethylene(PE)
- Other Material Types
By End Use Industry
- Pharmaceutical
- Food & Beverage
- Consumer Goods
By Closure Type
- Side opening
- Child Resistant
- Screw Cap
- Snap-on
- Other Closure types
By Capacity
- Less than 30 ml
- 30 -75 ml
- 75 – 125 ml
- More than 125 ml
Author
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube