Hot Fill Plastic Bottle Market: An Overview
Hot filling is the procedure of disinfecting/sterilizing the product in order to prolong the shelf-life, ensuring the safety of the product. With the process of hot filling, harmful bacteria in the bottle can contaminate or damage the product, making it rather unsafe and bad to consume and affecting the health of the individual who’s consuming. To create hot fill plastic bottle, a liquid is heated to a temperature of 194 degree Fahrenheit, in order to eliminate contamination which might occur in the product. Hot filling is a procedure that is done with glass or other types of tough plastics, which can withstand high temperatures required to thoroughly sterilize the bottle, containing <4.5 pH products like isotonic drinks, soups, marinades, juices, among others. With the glass bottles being traditionally used for hot filling process, the PET bottles are able to withstand the heat required with hot filling without becoming deformed or collapsing. As plastic is less expensive than glass, the hot fill plastic bottle is being highly preferred by customers. The hot fill plastic bottle allows the transport of temperature-sensitive products while maintaining the product’s integrity. The rapid growth of globalization and increasing mandates for food and beverages by various countries and regions is generating demand for the use of hot fill plastic bottle.
Hot Fill Plastic Bottle Market: Dynamics
The distribution of vaccines/vials require good packaging. Strong vials are a necessity which don’t chemically react with the vaccine solution. Pharmaceutical products need to interact as little as possible with the chemicals, and for this, hot fill plastic bottles are required. Moreover, the volume of food and beverages consumed globally is anticipated to grow exponentially. The world’s population is consuming more ready to eat food products than ever before and with hot fill plastic bottles, there is no need of preservatives, which makes the drink healthy to consume. Major benefits of using the hot fill plastic bottles include longer shelf life of the products, no preservatives therefore, the product remains as natural as possible, easier to carry as the hot fill plastic bottles are lightweight and lastly, they are highly cost-effective because they’re composed of plastics. As tea drinks and juice drinks have emerged out to be mainstream beverage products, the hot fill plastic bottles are widely being used today.
Adding to the aforementioned factors, all the natural nutrients and vitamins are being preserved during this procedure, therefore, many manufacturers are showing interest in hot fill plastic bottles. With the increasing awareness towards long shelf-life products, products can be kept at room temperature for longer duration time. Moreover, the aseptic filling regarding hot fill plastic bottles, assures that the products are sealed hygienically and high-grade food safety standards are enhanced. Such factors are anticipated to bode well for the hot fill plastic bottle market in the forecasted period. The COVID-19 pandemic has resulted in huge number of customers getting inclined towards safe, hygienic packaging. Regarding temperature sensitive products, the hot fill plastic bottle are expected to encounter strong sales as the pharmaceutical sector is demanding more and more temperature controlled products in order to keep the products safe.
Hot Fill Plastic Bottle Market: Segmentation
Hot fill plastic bottle market can be segmented by material, capacity, filling technology, and end use.
By Material Type, Hot Fill Plastic Bottle Market Can Be Classified Into:
- Polyethylene terephthalate (PET)
Based On Capacity, Hot Fill Plastic Bottle Market Can Be Classified Into:
- Up to 500 ml
- 501 - 750 ml
- 751 – 1,000 ml
- Above 1,000 ml
Based On End-Use, Hot Fill Plastic Bottle Market Can Be Classified Into:
- Food and Beverages
Hot Fill Plastic Bottle Market: Regional Outlook
The North American region spends the highest on pharmaceuticals and contributes a major share in the hot fill plastic bottle market. The region holds considerable growth and potential for the hot fill plastic bottle manufacturers, and generates a huge demand for pharmaceuticals. With that being said, with the growth of food and beverages industry, there has been a rapid improvement in the sale of hot fill plastic bottles. Furthermore, the Asia Pacific region is projected to grow rapidly driven by wider use of oral medicines in the region. The volume increase in per capita signifies a strong growth in the hot fill plastic bottle market.
Hot Fill Plastic Bottle Market: Key Players
Key players in the Hot Fill Plastic Bottle market are,
- LOG Plastic Products Company Limited
- Berry Global Inc.
- AG Poly Packs Private Limited
- O Berk Co LLC
- Amcor PLC
- RESILUX NV
- Gerresheimer AG
- United States Plastic Corporation
- Mega Machinery Inc
- Klöckner Pentaplast Group
The report hot fill plastic bottle market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on cement packaging market segments and geographies.
Regional Analysis Includes-
- North America
- Latin America
- Middle East & Africa (MEA)
- South Asia
- East Asia
- A detailed overview of parent market
- Changing hot fill plastic bottle market dynamics in the industry
- In-depth hot fill plastic bottle market segmentation
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments in the hot fill plastic bottle market
- Competitive landscape
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for players to sustain and enhance their market footprint
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
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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
- Latin America
- The Middle East and Africa
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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.
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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?
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