Global Bottle Shippers Market: Overview
Bottle shippers are used to protect the bottle from breakage or damage by placing them in a foam cavity. Bottle shippers find numerous applications in the transport industry as there is a surge in the transportation of bottles leading to a rise in demand for protective packaging. The global bottle shippers market is expected to witness promising growth during the forecast period owing to a tremendous rise in the packaging industry.
Global Bottle Shippers Market: Notable Developments
Below are a few notable developments in the global bottle shippers market:
- Western Pulp Products Company developed new D2C shippers that offer an innovative design that reduces the storage space and offers sustainability and economy along with recyclability. Additionally, they offer a smooth finish and clean edges making them highly presentable. They are designed to withstand the hazards of the distribution environment. Development of these shippers has presented several growth opportunities for the global bottle shippers market.
- Thermosafe has developed new mini mailer shippers that are lightweight and economical. In addition, they provide maximum breakage protection and are available in slide, multi-tube, and slide/tube combinations. Moreover, they offer excellent reusability and recyclability. These shippers have created new avenues for the growth of global bottle shippers market.
Prominent companies in the global bottle shippers market include Sonoco Products Company, Packaging Services Industries, DS Smith Plc., RADVA Corporation, and Saxon Packaging Limited.
Global Bottle Shippers Market: Key Growth Dynamics
A rise in consumption of alcoholic beverages is a key factor driving the growth of bottle shippers market. It has resulted in several manufacturers increasing their production capacity in order to meet the growing demand for bottle shippers. Moreover, a rise in awareness regarding protective packaging has highly driven the bottle shippers market’s growth.
Furthermore, technological developments leading to the development of innovative and personalized packaging solutions has garnered the interest of several companies. This is owing to durability and cost-effectiveness offered by these solutions, thereby supporting the growth of global bottle shippers market.
In addition to the aforementioned drivers, a rise in use of bottles for numerous end use applications has significantly increased the demand for bottle shippers, thereby expediting the market’s growth. Moreover, development of shippers that offer temperature control, thereby enhancing the shelf life of the product has led to an increase in the bottle shippers market.
On the downside, there are a few bottlenecks that may cause a shortfall in the bottle shippers market. Factors such as high environmental concerns raised because of the generation of by-products may pose a threat to the market. Nevertheless, availability of bottle shippers with more storage space and development of recyclable bottle shippers may reduce the effect of the restraints, thereby supporting industry’s expansion. Additionally, use of bottle shippers in the packaging of non-alcoholic beverages may present several growth opportunities for the bottle shippers market.
Global Bottle Shippers Market: Regional Outlook
On the regional front, Asia Pacific is expected to witness exponential growth in the global bottle shippers market during the forecast period. This is owing to a high demand for bottle shippers from India and China. Moreover, a rise in consumption of beverages has fuelled the market’s growth in this region. North America is also expected to display a substantial growth in the market on account of rise in demand for protective packaging solutions. U.S. is the major contributor of market’s growth in this region.
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