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%.
Packer bottles are a lightweight, secure, and practical packaging option that are utilised in many different sectors. These bottles have become very popular all over the world, used for anything from food and drink packaging to the preservation of chemical and pharmaceutical compositions. Packer bottles have a rounded body and a wide mouth opening that make filling and dispensing simple and rapid. In the prescription and nutraceutical sectors, they are also known as prescription bottles, pill packers, and vitamin bottles.
USA and Canada Packer Bottle Market Driving Factors and Challenges
Manufacturers are turning to plastic as a cost-effective and durable substitute for glass bottles, utilizing materials like High-Density Polyethylene (HDPE) and Polyethylene terephthalate (PET). These plastics offer exceptional barriers against solvents, alcohol, moisture, and gases, driving their adoption. Companies are increasingly favoring cost-effective and lightweight plastic packaging solutions, particularly PET and HDPE packers, benefiting from the abundant raw materials and creating a cost-effective value chain. The industry's swift transition towards affordable, lightweight, and non-brittle packaging solutions is expected to propel market growth until 2033.
Counterfeit medicines pose a global threat, particularly impacting the pharmaceutical packaging market in North America. To combat this, packer bottle manufacturers in the United States and Canada are investing significantly in manufacturing facilities, driving demand for authentic and traceable packer bottles. These bottles enhance traceability, providing information to stakeholders and boosting profit margins throughout the packer bottle value chain. The increasing demand for such authentic and traceable packer bottles in the pharmaceutical and other industries is a key driver of market expansion.
However, most end users package non-food items in jars, blister packs, large containers, and other readily available substitutes, and store food in packer bottles. Because blister packaging is lightweight and inexpensive for capsule packing, it is therefore expected to have a negative impact on the packer bottle market's growth over the projected period in the pharmaceutical business.
Impact of COVID-19 on USA and Canada Packer Bottle Market
The market for packer bottles was impacted by the COVID-19 outbreak on a worldwide scale. Packer bottles are not permitted to be used at any indoor or outdoor event due to travel restrictions, flight cancellations, and quarantines. The COVID-19 pandemic has had an impact on the supply chain during the pandemic, stock market instability, corporate confidence, public panic, and future concerns. However, when more packer bottles are needed in the pharmaceutical sector to package pills and capsules, the market will develop faster during the pandemic.
USA and Canada Packer Bottle Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Aaron Packaging, Inc., Alpha Packaging, Amcor Plc, Berry Global Group Inc., CL Smith, Clarke Container Inc., Comar LLC, DWK Life Sciences, FH Packaging, Gerresheimer AG, O. Berk Company LLC, Parkway Plastics Inc., Pretium Packaging, Silver Spur Corporation, The Cary Company, Others.
USA and Canada Packer Bottle Market Segmentation:
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.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.