Packer Bottles Market : Trending factors & Growth Drivers Influencing Globally

Packer Bottles Market : Trending factors & Growth
Drivers Influencing Globally
Packer bottles are used to store food, drinks, chemicals or medicines, owing to its tight seal
packaging, which will keep the contents safe from oxidation. It is available in different types
of colors and materials based on the properties of content.
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Market Dynamics:Packer bottles find applications in packaging of beverages and nutritional supplements due to
its sealing property, which prevents oxidation and thereby, increases the shelf life. For
instance, according to the World Health Organization (WHO), global annual per capita
alcohol consumption was registered at 6.4 liters in 2016, which is expected to increase to 7.0
liters in 2025.
In pharmaceutical industry, packer bottles are used to store solid, liquid, and ophthalmic
medicines. Growing pharmaceutical industry is expected to propel growth of the packer
bottles market over the forecast period.
Market Outlook:North America is expected to hold dominant position in the packer bottles market over the
forecast period, owing to its largest share in the global pharmaceutical and chemical industry.
According to the International Trade Administration (ITA), in 2015, North America’s share
in global pharmaceutical industry was registered at around 37% and is expected to remain the
same in 2020. Asia Pacific region is expected to witness significant growth in the packer
bottles market due to rapidly growing food & beverages and pharmaceutical industry. For
instance, according to ITA, pharmaceutical market in China was registered at US$ 108 billion
in 2015 and is expected to reach US$ 167 billion by 2020.
Key players in the Global Packer Bottles Market:Key players operating in global packer bottles market include Berlin Packaging LLC, Team
Packaging Inc., Aaron Packaging Inc., Berry Plastics Corporation, Silver Spur Corporation,
Alpha Packaging, Thermo Fisher Scientific BV, Freund Container Inc., The Cary Company,
and KushCo Holdings Inc.
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The research report on Packer Bottles Market is segmented by Material, by Application, by End-use Industry, by Capacity, by Bottle Shape and by Region – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026