Global Pocket Container Market - 2021-2028
|出版日期||內容資訊||英文 180 Pages
|口袋容器的全球市場(2021年∼2028年) Global Pocket Container Market - 2021-2028|
|出版日期: 2021年07月30日||內容資訊: 英文 180 Pages||
Global Pocket Container Market Overview
The global pocket container market size was worth US$ XX billion in 2020 and is estimated to record significant growth by reaching up to US$ XX billion by 2028, growing at a CAGR of XX% within the forecast period (2021-2028).
As the global manufacturing scene continues to trend toward shrinking, items are becoming smaller and more compact, influencing the need to contain them. Medications have evolved from syrups to tablets, electronic products such as wireless earbuds have replaced corded counterparts, and standard equipment has shrunk in size for easier storage. As a result of these changes, packaging businesses are now offering containers that allow consumers to hold miniature items neatly in their pockets. The demand for pocket containers has been steadily increasing, and their use is becoming more common among global client bases. Thus, manufacturers offer pocket containers with enhanced features such as moisture resistance and air-tight concealment to meet evolving client demands.
Pocket Container Dynamics
Improving market demand for pocket containers with child-resistant closures and easy handling boosts the product's market share. The increasing demand for pocket containers for storing medicines creates immense opportunities for the product to increase in the near future.
Improving market demand for pocket containers with child-resistant closures and easy handling boosting the market share for the product
Pocket containers are known to have various applications among different end-users. The increasing demand for the product has also increased the safety concerns related to the product. Child resistance packaging has grown over the past few years, and companies are offering child-resistant features as the prime feature in their product. Child-resistant packaging, often known as CR packaging, is designed to limit the danger of hazardous compounds being ingested by children. A specific safety cap is frequently used to do this. These specific safety closures are predominately used in the pocket container, improving the packaging efficiency and imparting excellent safety conditions.
Increasing demand for pocket containers for storing medicines is creating immense opportunities for the product to proliferate in the near future
The majority of pocket containers are used to carry drugs in pill form in 2018 and beyond. The pharmaceuticals industry remains highly lucrative for the sales of pocket containers as pills are being sold along with these containers to capture consumer convenience in terms of storage. New pocket containers are designed with features that can protect pharmaceutical pills from unnecessary bioactive modifications caused by environmental variables such as moisture and heat. Thus the improving global pharmaceutical market is expected to create lucrative opportunities for pocket containers in the recent period.
The growing adoption of pocket containers in the beverage industry is creating immense opportunities for the packaging product in the forecast period
The beverage industry is growing for many ages, and key players adopt different packaging designs and materials to build revenue for their systems. Changing lifestyle and increasing adoption of luxurious regular practics has improved the demand for pocket containers in the beverage industries. Pocket containers have been in the market for many years, but consumers were not adopting the packaging method due to the high cost of packaging. Therefore, increasing technological adoption has boosted both design and material at a much cheaper cost than previous packaging techniques, leading to an immense market share for the product to proliferate in the forecast period.
COVID-19 Impact Analysis
COVID-19 had a negative effect on the market in 2020. The pandemic has affected various industries before the 2019-2020 period. The prime reason being the demand reduction shut down of manufacturing units and supply chain disruption. A similar trend has been seen in the pocket container market, leading to severely hampering the product's market. However, the market is expected to accelerate in the coming years, leading to improve the market share of the product in the forecast period.
Pocket Container Market Segment Analysis
The global pocket container market is segmented based on material, closure type, capacity, end-user, and region.
Polypropylene is low-cost; it will continue to create large profits for pocket container manufacturers, as well as steady demand due to its high flexural strength and low frictional co-efficiency
In terms of material, the global pocket container market is segmented into polypropylene (PP), polyethylene terephthalate(PET), polyethylene(PE), Other Material Types. Out of the mentioned types, polypropylene is expected to be a popular material in the manufacture of pocket containers in the forecast period. The reason behind the significant growth of polypropylene is its low cost. It will continue to create large profits for pocket container manufacturers and steady demand due to its high flexural strength and low frictional co-efficiency. Furthermore, ts lower density can be employed in situations where weight is a major factor. Polypropylene is watertight and exceptionally resistant to moisture absorption, which contributes to its packaging benefits and versatility.
Pocket Container Market Geographical Analysis
The North American countries hold the largest market share for pocket container due to increasing demand from end-users and increasing standard of living
North America holds the dominating position for pocket containers in recent times, increasing demand from different end-users. The food & beverages and pharmaceutical industries are the prime end-users of the pocket containers market. The increasing business of these industries is triggering the demand for pocket containers in the region. Furthermore, the presence of key players in the region contributes to the region's growth. Asia-pacific, on the other side, is projected to show tremendous growth in the pocket container market in the forecast period predominantly due to the adoption of packaging design by key players in the region and changing lifestyle of the population
Pocket Container Market Competitive Landscape
The pocket container market is highly consolidated with the presence of local as well as global key players. Some of the key players contributing to the market's growth include DailyMag Sharp Containers, Gerresheimer, TYH Container Enterprises, All American Containers, Alpha Packaging Holdings, Amcor Ltd., CKS Packaging, USON Plast, and Vidchem pty ltd and among others.
The major players adopt several growth strategies such as product launches, acquisitions and collaborations, contributing to the pocket container market's growth globally. The key manufacturers are following expansion and collaboration as the key strategy to build revenue for the company.
TYH Container Enterprises
Overview: Since 1984, TYH Container Enterprise has offered a wide range of packaging solutions to its customers. Cosmetic jars, loose powder jars, bottles, jars, and plastic accessories, such as caps and spatulas, are among the products exported to the United States, Europe, Asia, and the Middle East.
Product Portfolio: The Company has a product portfolio of pocket containers, which includes-
The global pocket container market report would provide access to an approx: 66 market data tables, 65 figures and 279 pages.
Target Audience 2022
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