Plastic Bullet Bottles Market - Market Overview
Bullet bottles are mostly made up of high-density polyethylene material in different sizes. Plastic bullet bottles usually used for consumer goods like shampoo, body spray, body lotion, and home sprays, in pharmaceutical companies and beverage for packaging purposes. Also used in agricultural products such as organic oils, fertilizers. Bullet bottles are popularly known as Cosmo bottles because of the shape of the bottle used. Bullet bottles are available in white and clear, black, cobalt, amber and custom made colour and in different sizes with a range of 4 to 8 oz. The rounded shaped bullet bottles make labelling easier. Simple and appealing to view are the important features for the consumers. Because of their rigid material, there is no chance of cracking and breaking while shipping and this is a big advantage for the suppliers of plastic bullet bottles.
There are many applications of beneficial and eye-catching bullet bottles. Some closure preferences for bullet bottles are pumps, dispensing, CRC, CT, tamper-evident styles, sprayers, and many more. Plastic bullet bottles are useful in a wide range of sectors and not restricted to pharmaceutical, biotechnology, food and beverages, agricultural chemicals, hygiene, home and garden and more.
Plastic Bullet Bottles Market - Market Dynamics
Due to the various advantages, Bullet bottles have remained favourite and continue to play a major role in the packaging industry like product consistency, chemical integrity, water-repellent, eye-catching designing and opening ease. Plastic bullet bottles sustained in the market for such a long time is because of FDA requirements are followed very strictly while manufacturing. Plastic bullet bottles increasing consumers demand by adding closures like lotion pumps, fine mist sprayers, or treatment pumps in different economies. In the plastic bullet bottles market, plastic is preferred over other materials as a raw material because of the features such as lightweight, more convenient to hold. Manufacturing costs for plastic is relatively lower.
Strict government rules on the use of non-biodegradable plastics impacted adversely on the businesses, which automatically impacted plastic bullet bottles market. One more factor which impacted the growth of plastic bullet bottles is current COVID-19 pandemic, which has also impacted to the whole of the packaging industry up to a certain extent. Governments are now requesting to follow rules such as to keep social distancing and self-isolation for the whole society and industry staff too, because of the COVID-19 outbreak.
Plastic Bullet Bottles Market - Segmentation
Plastic Bullet Bottles segmented on the basis of material:
The raw materials used are plastic and glass. However mostly used is plastic, rarely for pharmaceutical purposes glass is used.
- PE (Polyethylene)
- PET (Polyethylene Terephthalate)
- PP (Polypropylene)
Plastic Bullet Bottles segmented on the basis of capacity:
- Up to 4 oz
- 4 to 8 oz
- 8 to 12 oz
- 12 to 16 oz
- More than 16 oz
Plastic Bullet Bottles segmented on the basis of capacity application:
- Food & Beverages
- Personal Care & Cosmetics
- Consumer Goods
Plastic Bullet Bottles Market - Regional Outlook
North America, Latin America, Europe, South Asia, East Asia, Middle East and Africa and Oceania all over the world plastic bullet bottles have captured the market. Because of the major impact of COVID-19 pandemic, North American & European countries like the US and Spain are estimated to grow slower in plastic bullet bottles market in the forecasted period. As there is a remarkable decrease in demand in personal care, cosmetics and pharmaceutical products seen, it will affect the plastic bullet bottles market also. Increasing population in South and East Asian countries like India and China, the demand for plastic bullet bottles became high. But the impacts of COVID-19 is started seen in the region in the coming future. Other regions of the globe including Latin America, Middle East & Africa, ASEAN and Oceania are also anticipated to show reduced growth in the plastic bullet bottles market due to COVID-19 pandemic.
Plastic Bullet Bottles Market - Key Players
- Amcor Plc
- Comar Llc
- Novio Packaging Group B.V.
- CL Smith Packaging
- Maynard & Harris Plastics (UK) Limited
The report on plastic bullet bottles market is a compilation of first-hand information, and qualitative & quantitative assessment by industry analysts, as well as 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 segment. Plastic bullet bottles market also maps the qualitative impact of various market factors on market segments and geographies.
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
- 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.