Flip-top Bottle Market: An overview

Flip-top bottles are gaining traction due to the convenience of reclosing and protection they offer. Consumers prefer flip-top bottles because as it eliminates the need to remove and close the bottle cap like conventional bottles. Also, a flip-top bottle is also known as swing-top bottle which is usually used for packaging of carbonated beverages and mineral water. The flip-top bottle gives an ease as it can be opened and resealed repeatedly without any bottle opener. These flip-top bottle are easy to carry, eco-friendly, and have no wax linings.

As the consumers are becoming more aware about the harmful effects of BPA (bisphenol A) on human body as well as the environment, the demand for BPA free products is on the rise. Thus, BPA free flip top bottles market is expected to have a positive outlook in the years to come. Usually, its cap is made of rubber, ceramic or plastic.

Flip-top Bottle Market: Dynamics

One of the easiest way a manufacturer can stand-out in crowded and competitive market is by highlighting product packaging that is totally unique in relation to others in the market and therefore, the manufacturers of flip-top bottle are producing BPA free reusable bottles with many designs which are cost effective, safe for drinking and easily available in the market.

Plastic flip-top bottle is preferred over glass because glass flip-top bottles are fragile and need care while handling. Polyethylene terephthalate (PET) is utilized for the packaging of carbonated beverages because of its highly effective moisture and gas barrier properties and furthermore has a solid structure with great strength. Such kind of packaging helps in conserving liquid for longer time. From juices to drinks, customers are shifting on the flip-top bottle as it can be frequently opened and sealed back.

Also, during the manufacturing of BPA free flip-top bottles, very few toxins are released into the atmosphere giving a smaller carbon footprint as compared to conventional plastic bottle. The development is expected to be seen across various drink items like juices, non-dairy beverages, and others. The flip-top bottle trend has created a demand for economical packaging solutions especially in the beverage industry. The flip-top bottles are also used for packaging & storage of cosmetics and skincare products. Therefore, flip-top bottle market is expected to grow further in coming years.

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Flip-top Bottle Market: Segmentation

The segmentation of flip-top bottle market is done based on the following segments-

By material, the flip-top bottle market has been segmented as follows:

  • Plastic
    • PET (Polyethylene terephthalate)
    • PP (Poly Propylene)
    • PC (Poly Carbonate)
    • LDPE (Low density polyethylene)
    • HDPE (High density polyethylene)
  • Metal
  • Glass

By end user industry, the flip-top bottle market has been segmented as follows:

  • Mineral water
  • Fruit juices
  • Carbonated drinks
  • Others

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Flip-top Bottle Market: Regional Outlook

North America accounts for a major share in the global flip-top bottle, as the regional consumption of beverages and bottled-water is high in the region. Other regions which are gradually moving towards ensuring marine safety are Asia-Pacific, Europe, Middle East and Africa have started using recyclable flip-top bottles and thus the demand for recyclable materials for bottles is poised to increase in these regions. China is coming up with eco-friendly flip-top bottles because of the stringent government regulations on single-use plastic ban in the country.

High consumption of carbonated beverages in Europe is expected to oversee the regional demand for flip-top bottles in the coming years.

Flip-top Bottle Market: Key Players

The flip-top bottle market is highly competitive in nature, as there are several players operating at regional and global level. Some of the key players in the flip-top bottle market are as follows -

  • Amcor Ltd.
  • Tupperware
  • Bericap GmbH & Co. KG
  • Garbo SrL
  • Cospack America Corporation
  • Graham Packaging Company
  • Plastipak Packaging
  • Water Boy Inc.
  • Cello World
  • Otis Classic

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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