For usage in a variety of sectors, packer bottles are a lightweight, secure, and practical packaging option. These bottles are becoming increasingly popular all over the world, used for anything from food and drink packaging to chemical and pharmaceutical protection. The broad mouth opening and rounded body of packer bottles make filling and dispensing simple and quick. Within the pharmaceutical and nutraceutical sectors, they are also known as prescription bottles, pill packers, and vitamin bottles.
According to SPER market research, ‘USA and Canada Packer Bottle Market Size– By Material Type, By Capacity, By Application, By End Use- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the USA Packer Bottle Market is estimated to reach USD 1.83 billion by 2033 with a CAGR of 4.92% and Canada Packer Bottle Market is estimated to reach USD 0.35 billion by 2033 with a CAGR of 6.03%.
Manufacturers are increasingly opting for plastic packer bottles as a cost-efficient and lightweight substitute for glass bottles, utilizing materials like High-Density Polyethylene (HDPE) and Polyethylene terephthalate (PET). These plastic alternatives offer exceptional barriers against solvents, alcohol, moisture, and gases, driving their adoption. The industry’s shift towards affordable, non-brittle, and lightweight solutions, particularly PET and HDPE packers, is propelled by the abundance of raw materials, creating a cost-effective value chain. Amid the global threat of counterfeit medicines, especially in North America, pharmaceutical packer bottle manufacturers are investing heavily in facilities to combat this issue, boosting the demand for authentic and traceable packer bottles. This trend, driven by the pharmaceutical and other industries, contributes significantly to the market’s expansion through 2033.
Blister packs, jars, big containers, and other easily accessible alternatives are among the alternative packaging choices that the majority of end users utilise to package non-food products and keep food goods. Hence, the market for packer bottles is anticipated to suffer from the increasing use of blister packaging in the pharmaceutical industry, which is predicted to occur because of its low cost and lightweight nature when it comes to capsule packing.
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Impact of COVID-19 on USA and Canada Packer Bottle Market
Furthermore, during the pandemic, the market for packer bottles was impacted by the worldwide effects of COVID-19. Packer bottles are not allowed to be used at any indoor or outdoor event due to travel restrictions, flight cancellations, and quarantines. The COVID-19 pandemic has led to substantial disruptions in the supply chain, instability in the stock market, a decline in company confidence, heightened public panic, and concerns about the future. On the other hand, as the pharmaceutical business grows, so does the need for packer bottles for the packing of tablets and capsules, which will accelerate market expansion during the pandemic.
USA and Canada Packer Bottle Market key players
Additionally, some of the market key players are Aaron Packaging, Inc., Alpha Packaging, Amcor Plc, Berry Global Group Inc., CL Smith, Pretium Packaging, Silver Spur Corporation, The Cary Company, Others.
USA and Canada Packer Bottle Market Segmentation:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecast for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.
By Material Type: Based on the Material Type, USA and Canada Packer Bottle Market is segmented as; Glass, Plastic (High-density Polyethylene, Polycarbonate, Polyethylene terephthalate, others).
By Capacity: Based on the Capacity, USA and Canada Packer Bottle Market is segmented as; 100cc & below, 200cc, 300cc, 400cc.
By Application: Based on the Application, USA and Canada Packer Bottle Market is segmented as; Liquid Protectors, Powder & Granules, Tablet & Capsules.
By End Use: Based on the End Use, USA and Canada Packer Bottle Market is segmented as; Chemicals, Food & Beverages Ingredients, Pharmaceuticals, Other Industrial.
By Region: This research also includes data for USA and Canada.
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USA and Canada Packer Bottle Market Growth Opportunities
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